🦊/Investors

Fusion

Venture capitaloperating company · company profile

Palo Alto · Pre-Seed–Series A · 30 people tracked

Also known as Fusion Artesian · FUSION FUND SILICON VALLEY LLC · Fusion Supernova

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×4knows the team · via Intel Corporation
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Investment thesis

Fusion Fund invests in early-stage startups that leverage technical or data-driven advantages. It partners with founders who bring experience and expertise across healthcare, enterprise AI, and industrial technology, aiming to back companies positioned to become industry game changers. The firm invests at Pre-Seed, Seed, and Series A stages across the United States and Canada. Its team consists of former technical operators who have built and exited companies, and it offers value-add support through a CXO Network of 44 C-level executives from Global 1000 corporates and other major institutions, generating customer connections, revenue opportunities, talent, and partnerships for portfolio companies.

Source: firm website, verified Sep 15, 2026.

Stage
Pre-Seed–Series A
Check
$500K – $1M
HQ
Palo Alto, CA, US
Leads rounds
Leads
Instruments
Equity
Founded
2014
Last 12 months
4 investments
AUM
$500M
VC funds
6
Tracked investments
113
Unicorns
4
IPOs
2
Acquisitions
5

Team · 30 people

from the firm's website & curated & public directories
Chunyang Shao· General Partner
Ting Zheng· General Partner
Harry Feng· Venture Partnerin𝕏
Ada AI· Senior Analyst
Venus Pawfolio· Manager
Bret Russell· Promoter
Michael Scanlin· Investorin𝕏

Founder mafia

5 people who came through Fusion went on to found or lead other companies.

What they invest in

from 86 of 113 portfolio companies

AI & Machine Learning ×55Enterprise Software ×29Deep Tech ×20SaaS ×20Medical Devices ×17Biotech ×16Healthtech ×15Developer Tools ×12

HQs:United States×54Canada×2Germany×1United Kingdom×1Israel×1Norway×1

Who they back

founder profiles across 67 portfolio companies
52%
solo founders
35 of 67 mapped founding teams
54%
repeat founders
of 70 founders with career history
~3 yrs
old at investment
median across 19 dated deals

Founding team size:solo founder×352 founders×273 founders×24+ founders×3

Where their founders studiedfrom 65 founders with education data

Massachusetts Institute of Technology ×4The Hebrew University of Jerusalem ×4Harvard University ×3Peking University ×3Stanford University ×3The Johns Hopkins University ×3University of California, Berkeley ×3Carnegie Mellon University ×2

What their founders studiedfrom 65 founders with field-of-study data

Engineering ×25Computer Science ×22Business & Management ×9Life Sciences ×6Humanities ×4Physics ×4Mathematics & Statistics ×3Economics ×2

Where their founders worked beforefrom 70 founders with career history

Stanford University ×8Carnegie Mellon University ×4Harvard Medical School ×4McKinsey & Company ×4Google ×3Aifoundation ×2DigitalOcean ×2Intel Corporation ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×9Techstars ×2

29 founders hold a PhD · 9 hold an MBA (of 68 with degree data) · backed the same founder in 2+ companies: 3 founders

Investments · 113 tracked

founders shown can be your intro path

By year:2026 · 42025 · 62024 · 32023 · 22022 · 22020 · 12019 · 12018 · 12017 · 22016 · 12015 · 124 dated

Lyftlyft.com𝕏NASDAQ: LYFT

Lyft is an on-demand ridesharing platform that connects passengers with drivers for various ride types, including standard rides, premium options, and other transportation services.

ConsumerEnterprise SoftwareMarketplacesMobility & TransportationSaaSSan Francisco, US

Logan Green(Co-founder & CEO)inJohn Zimmer(Co-founder & President)inDavid Risher(CEO)in

Co-investorsAglae VenturesAllied Venture PartnersAlpha Wave GlobalAndreessen HorowitzAutotech VenturesBling Capital+43 more

Space Xspacex.comNASDAQ: SPCX

Revolutionizing space technology to make life multi-planetary

Hawthorne, US

Elon Musk(Founder, CEO & Chief Engineer)inBret Johnsen(Executive Officer)inGwynne Shotwell(Executive Officer, Director)

BoardAntonio Gracias(Director)inSteve Jurvetson(Director)inDonald Harrison(Director)

Co-investors1/1 Capital137 Ventures2080 Ventures4DX Ventures7BC Venture CapitalA*+150 more

CapConnect+capconnectplus.cominJun 2026

CapConnect+ operates a digital platform for primary-market fixed income issuance, connecting issuers, dealers, and investors to trade commercial paper and bonds.

Enterprise SoftwareFintechSaaSRedwood City, US

Suresh Perera(CEO)inGanapathi Palanipandian(Director)Kostas Dafoulas(Executive Officer)in

Board seatTrevor Mottl· per SEC Form D

Co-investorsDraper AssociatesDraper DragonHourglass Venture PartnersUlu VenturesFirstCapitalImpact Venture Capital

Loft LabsinMay 2024

vCluster platform making Kubernetes more efficient; closed a $24M Series A led by Khosla Ventures.

San Francisco, US

Lukas Gentele(Executive Officer, Director)inFabian Kramm(Director)in

Board seatLu Zhang· per SEC Form D

Co-investorsBerkeley SkyDeck FundBlackRockEMERGENT VENTURESFoundation CapitalKhosla VenturesSurface Ventures+1 more

Rhinohealthrhinohealth.cominAug 2024

Rhino Federated Computing builds enterprise software infrastructure for federated computing, letting organizations run AI, analytics, and data workflows across distributed, regulated data environments without centralizing sensitive data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSwampscott, US

Yuval Baror(Director)inIttai Dayan(Dr.)inChristopher Laws(Executive Officer)

BoardEdward Michael(Director)in

Board seatIvneet Bhullar· per SEC Form D

Co-investorsAlleyCorp

Völurvolur.noinMar 2025

Völur provides AI-driven optimization software for the meat production industry, helping producers improve sustainability, efficiency, and profitability through data-driven decision-making across their operations.

AgTechAI & Machine LearningFoodTechSaaS

Board seatDavid Gerster· per SEC Form D

Co-investorsIdékapitalScribble VenturesSerra VenturesYork IE

Accernaccern.com

New York, US

Anshul Vikram Pandey(Director)Kumesh Aroomoogan(Executive Officer, Director)

Co-investorsEvolution VC PartnersKube VCMighty CapitalNeer Venture PartnersNVIDIASand Hill Angels+6 more

Accern (Now Wand AI)wand.aiin𝕏

Wand provides infrastructure for enterprises and governments to create, manage, and scale hybrid workforces that combine human workers with AI agents.

AI & Machine LearningEnterprise SoftwareFuture of Work

Co-investorsBeni Venture CapitalEvolution VC PartnersLiebenthal VenturesMighty CapitalRebellion VenturesReign Ventures+3 more

Agilerlagilerl.comin

AgileRL develops an open-source reinforcement learning framework for training and tuning AI agents faster than existing RL libraries, along with Arena, an enterprise platform that converts raw data into production-ready agents.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareLondon, GB

Param Kumar(CEO)inNick Ustaran-Anderegg(CTO)in

Co-investorsEntrepreneur FirstFlying Fish VenturesOctopus VenturesCounterview Capital

Agiopenagiopen.orgin𝕏

OpenAGI Labs builds Lux, a computer-use AI model and developer SDK that operates human-facing software directly to automate enterprise workflows such as competitive price monitoring, QA testing, and financial data aggregation.

AI & Machine LearningDeveloper ToolsEnterprise Software

Altis Labsaltislabs.comin𝕏

Altis Labs provides a web-based platform that applies AI models to medical imaging data to generate reproducible predictions and quantifications for clinical trials.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesToronto, CA

Felix Baldauf-Lenschen(Founder & CEO)inJohn(CTO)

Co-investorsCreative Destruction Lab (CDL)Debiopharm Innovation FundOrbiMedBenchstrength Partners

Assemblyassembly.comin𝕏

Assembly provides a branded client portal for professional service firms to manage clients, contracts, and billing.

AI & Machine LearningE-commerceEnterprise SoftwareFuture of WorkMarketing TechSaaSNew York City, US

Marlon Misra(Founder/CEO)inNeil Raina(Founder)in

Co-investorsGoAhead VenturesUnion Square Ventures (USV)Y CombinatorAcrew CapitalLightspeed Venture PartnersWilshire Lane Partners

Atgatg.science𝕏

Autonomous Technologies Group (ATG) builds Autonomous, an AI-driven financial advisory system that analyzes markets and an individual's complete financial life to make personalized investment and tax-optimization recommendations.

AI & Machine LearningFintechNew York, US

Co-investorsHAWKTAIL

Begin Learningbeginlearning.co

The page is an affiliate-style guide promoting the Aviator crash-style gambling game to players in India, covering gameplay, strategies, and casinos that accept Indian Rupee deposits.

Gaming

Co-investorsElevate Innovation PartnersEvolution VC PartnersFlucas Ventures

Birdiebirdie.aiin

Birdie is a customer intelligence platform that connects customer data from multiple sources (CRMs, support tools, product analytics, surveys) into a unified context layer with structured taxonomy and business rules.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaS

Patrícia Osorio(Founder)in

Co-investorsAstellaEndeavor CatalystIlluminate VenturesSoftBank GroupSoftbank Latin America Fund

BlueSpace.ai, Inc.bluespace.aiin𝕏Sep 2019

BlueSpace.ai is a software company focused on solving perception and prediction challenges in autonomous driving, addressing the "black box" problem in AV systems.

AI & Machine LearningDefense TechMobility & TransportationRoboticsPalo Alto, US

Joel Pazhayampallil(CEO)inChristine Moon(Co-Founder)in

Co-investorsKakao VenturesSLVCX-HUB TOKYO Global Startup Accelerator

Bluezoobluezoo.io

BlueZoo provides privacy-friendly audience measurement and occupancy analytics that measure impressions, foot traffic, dwell time, reach, and recurrence to quantify how people move through physical spaces.

AdTechData & InfrastructureRetail Tech

Bill Evansin

Blumindblumind.aiin𝕏

Blumind is a Canadian deep-tech startup developing all-analog AI neural network architectures for energy-efficient edge AI computing.

AI & Machine LearningDeep TechHardwareSemiconductors

Niraj Mathur(Founder)in

Co-investorsACME CapitalBDC Sustainability Venture FundCreative Destruction Lab (CDL)Two Small Fish VenturesBDC Capital CorporationCycle Capital+1 more

Bodobodo.ai

Bodo builds a high-performance analytics engine and answer layer for enterprise AI, letting data teams run Pandas, Python, and SQL across CPUs and GPUs without code, workflow, or data migration changes.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Ehsan Totoni(Founder)in

Co-investorsCandou VenturesKoch Disruptive TechnologiesDell Technologies CapitalUncorrelated Ventures

Bright Securitybrightsec.comin

Bright Security develops an AI-powered application security platform that automates detection, remediation, and validation of security vulnerabilities integrated into the software development lifecycle.

AI & Machine LearningCybersecurityDeveloper ToolsSaaS

Co-investorsDnx VenturesEvolution Equity PartnersIncubate USCoinbase VenturesIncubate FundJ-Ventures

Calendlycalendly.comin𝕏

Calendly is a scheduling platform that integrates with Microsoft Teams to automatically generate and include Teams video conferencing links in calendar events.

Enterprise SoftwareFuture of WorkSaaS

Tope Awotona(Founder, Chief Executive Officer)in

Co-investorsAlumni VenturesAtlanta Tech VillageBasecamp FundCoatue ManagementCVX VenturesFirst Row Partners+14 more

Catalia Healthcataliahealth.comin𝕏

CakhiaTV is a Vietnamese-language website that streams live football matches for free, covering leagues such as the Premier League, World Cup, EURO, UEFA Champions League, Bundesliga and Ligue 1.

ConsumerMedia & EntertainmentSports Tech

Co-investorsRanch VenturesInnolinks VenturesIon PacificKhosla VenturesNewGen CapitalThe Robotics Hub

Cellular Intelligencecellularintelligence.comin𝕏

Cellular Intelligence develops cell therapy treatments, specifically acquiring STEM-PD, a Phase 2-ready therapy for Parkinson's disease.

AI & Machine LearningBiotechMedical Devices

Micha Breakstone(CEO & co-founder)inAllon Klein(Scientific Co-founder)inOlivier Pourquié(Scientific Co-founder)inCliff Tabin(Scientific Co-founder)inJay Shendure(Scientific Co-founder)in

Co-investorsAstellas Venture Management LLCHarpoon VenturesLerer Hippeaumark vcSciFi VCEntrée Capital+1 more

Codesparkcodespark.com𝕏Jul 2016

codeSpark is a learn-to-code app for children ages 3-10 that teaches coding concepts such as sequencing, loops, conditionals, and variables through word-free visual puzzles and game creation.

ConsumerEdTechGamingPasadena, US

Grant Hosford(Executive Officer, Director)Craig Chrisney(Executive Officer)

BoardBill Gross(Director)Marcia Goodstein(Executive Officer, Director)

Co-investorsUrban Innovation

Constructorconstructor.comin𝕏Sep 2017

Constructor provides AI-powered product search and discovery software for ecommerce retailers.

AI & Machine LearningE-commerceSaaSSan Francisco, US

Eli Finkelshteyn(Founder)inDan McCormick(Founder, former CTO at Shutterstock)inIgor Finkelshteyn(Executive Officer, Director)

BoardAsh Fontana(Director)in

Co-investorsSapphire VenturesSilversmith Capital PartnersGreencode Venturesxista science venturesZetta Venture Partners

Constructorconstructor.ioin𝕏

Constructor provides an AI platform for product discovery and personalized shopping experiences across ecommerce touchpoints including search, browse, recommendations, and shopping agents.

AI & Machine LearningE-commerceRetail Tech

Dan McCormick(Founder)in

Co-investorsSapphire VenturesSignia Venture PartnersSilversmith Capital PartnersZetta Venture Partners

Cosmcosm.carein

Cosm develops advanced pessary devices for conservative (non-surgical) treatment of pelvic floor disorders including prolapse and incontinence in women.

Digital HealthFemTechHealthtechMedical Devices

Derek Sham(Founder & CEO)inAlvira Macanovic(Head of Operations)inGoli Ameri(Head of Research)inAnne-Marie Milcent(Head of Product)in

Co-investorsScaleGood Fund LP (powered by TELUS)

Cuseumcuseum.comin𝕏

Cuseum builds digital engagement and membership platforms for museums, cultural attractions, and nonprofits, including augmented reality experiences and mobile visitor apps.

ConsumerMarketing TechMedia & EntertainmentSaaSBoston, US

Brendan Ciecko(Founder & CEO)in

Co-investorsTechstarsBoston Seed Capital

DreamCraft Entertainment, Inc.dreamcraft.comin

DreamCraft is a game development platform that simplifies game creation through a built-in editor and asset library, enabling individual creators without programming or art skills to develop and monetize games.

ConsumerCreator EconomyDeveloper ToolsGamingSan Francisco, US

Tianyin Zhang(Founder/CEO)inVeronica Yao(Founder/COO)Tianyin Z.(Founder)in

Co-investorsY CombinatorDune VenturesLudlow VenturesMakers FundHiro Capital

Edgeqedgeq.ioin𝕏

EdgeQ develops software-defined 5G technology that lets customers access, customize, and deploy 5G networks through software, with a focus on moving cloud data processing and connectivity to the network edge.

AI & Machine LearningDeep TechHardwareSemiconductorsSpace TechSanta Clara, US

Vinay Ravuri(CEO & Founder)in

Co-investorsClearSkyThreshold VenturesYaletown PartnersLockheed Martin Ventures

Element Bioscienceselementbiosciences.comin𝕏

Element Biosciences develops biological analysis platforms and DNA sequencing tools for scientists and research institutions.

BiotechDeep TechHardwareMedical Devices

Co-investorsDraper AssociatesForesite CapitalRA CapitalTSVCVenrock

Eridueridu.aiin𝕏Mar 2026

Eridu develops networking infrastructure optimized for artificial intelligence workloads.

AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US

Drew Perkins(CEO and founder)inBrian Kinard(Executive Officer)in

BoardJagdeep Singh(Director)Dipender Saluja(Director)Wen Hsieh(Director)inChristian Gallagher(Director)

Co-investorsBosch VenturesCatapult VenturesMatter Venture PartnersOUP (Osage University Partners)Socratic PartnersZelda Ventures+13 more

Glueglue.co

Glue offers an AI-powered employee engagement platform that automates team event planning and introductions, and measures workplace connection through engagement scores and ROI tracking.

AI & Machine LearningHR TechSaaSSeattle, US

Shane Kovalsky(Founder)

GrubMarketgrubmarket.comin𝕏

GrubMarket is a food tech company operating a B2B and B2C marketplace in the U.S. and Canada, offering both wholesale produce delivery at discounted prices and AI-powered SaaS software solutions for food supply chain businesses including inventory management, warehouse operations, and eCommerce platforms.

B2B MarketplacesE-commerceEnterprise SoftwareFoodTechLogistics & Supply ChainSaaSSan Francisco, US

Mike Xu(Founder/CEO, , President)in

BoardHans Tung(Director)in

Co-investorsBascom VenturesBattery VenturesBuilders + BackersCastor VenturesCeltic House Asia PartnersDisruptive Ventures+24 more

Humahuma.aiin

Qoniq combines tailored AI analytics with expert guidance to help Medical Affairs and Scientific Affairs teams analyze large volumes of publications and datasets, surface patterns, and generate industry-standard, well-sourced scientific reports.

AI & Machine LearningBiotechHealthtechPalo Alto, US

Gregory Kostello(Executive Officer)Lana Feng(Executive Officer, Director)inSusan Shiff(Executive Officer, Director)inWilliam Dai(Director)

BoardAndrew Schwab(Director)John Crumpler(Director)in

Co-investorsHatteras Venture PartnersSteelSky Ventures

IAM Roboticsiamrobotics.comin𝕏Aug 2015

A robotics company, formerly known as IAM Robotics, now operating as Onward Robotics; the page is only a rebranding redirect notice and provides no further detail.

RoboticsPittsburgh, US

Tom Galluzzo(Executive Officer, Promoter)inJoel Reed(Executive Officer, Director)in

BoardVik Srinivasan(Director)Nael Kassar(Director)Nety Krishna(Director)

Co-investorsComet Labs

Inferenceinference.ai

Inference.ai builds an integrated AI stack spanning applications, model routing, GPU compute, and education tools.

AI & Machine LearningCloud ComputingDeveloper Tools

Co-investorsMaple VC

Koopkoop.aiin𝕏

Koop provides insurance solutions designed to protect technology-based companies and services from operational risks including system failures and outages.

AI & Machine LearningEnterprise SoftwareInsurTech

Zak G.(Founder)in

Co-investorsAlleyCorpBee PartnersUbiquity VenturesAlley Robotics VenturesSure VenturesWestWave Capital

L.thisisl.comacquired by Procter & Gamble

A nonprofit organization that provides funding to community-based organizations globally to increase access to period care products and menstrual health education.

ConsumerFemTechHealthtechImpact & Social GoodSan Francisco, US

Talia Frenkel(Founder/CEO)in

Co-investors500 GlobalAltaIR CapitalRanch VenturesSv Tech Ventures, Inc.XG VenturesY Combinator

Lightrickslightricks.comin𝕏

Lightricks develops AI video generation models and a creative platform (LTX Studio) that enable creators to produce high-quality videos efficiently on consumer hardware.

AI & Machine LearningCreator EconomyEnterprise SoftwareMedia & EntertainmentJerusalem, IL

Zeev Farbman(Co-founder & CEO)inNir Pochter(Co-Founder & CMO)inYaron Inger(Co-Founder & CTO)in

Co-investorsClaltechGreycroftHanaco Venture CapitalInsight PartnersLeft Lane CapitalViola Ventures+1 more

Locomationlocomation.ai

Edgeworth, US

Cetin Mericli(Executive Officer, Director)Alonzo Kelly(Executive Officer, Director)Michael George(Executive Officer, Director)

BoardMike Stubler(Director)inJim DiSanto(Director)George Ugras(Director)in

Co-investorsAV8 VenturesBatshit Crazy VenturesDraper TriangleProeza VenturesReshapeScaleX Ventures

Loftloft.sh

Loft provides a platform for running GPU-based AI cloud infrastructure, letting operators turn raw GPUs into various cluster types including Kubernetes, Slurm, Ray, and inference clusters across bare metal and virtual machines.

AI & Machine LearningCloud ComputingDeveloper Tools

Loop Genomicsloopgenomics.comin𝕏acquired by Element Biosciences

Loop Genomics developed long-read sequencing technology that used synthetic long reads to enable full-length sequencing of DNA and RNA molecules on standard short-read sequencers.

AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesSan Francisco, US

Tuval Ben-Yehezkel(Founder/CEO)in

Co-investors11.2 CapitalRising TideY Combinator

Medramedra.aiin𝕏

Medra builds robotic systems integrated with AI, computer vision, and natural language processing to automate data collection for life science research.

AI & Machine LearningBiotechDeep TechRoboticsSan Francisco, US

Michelle Lee(Co-founder)in

Co-investorsCarbon SiliconFifty YearsHuman CapitalLux CapitalMenlo VenturesMetaplanet+4 more

Memoriesmemories.ai

Memories.ai builds a Large Visual Memory Model and API infrastructure that lets AI systems index, recall and act on video.

San Francisco, US

Shawn Shen(Founder)in

Co-investorsCrane Venture PartnersCreator VenturesSamsung NextSusa Ventures

Meomindmeomind.comin𝕏

Meomind provides personalized, evidence-based psychotherapy accessible on demand 24/7 through digital platforms.

AI & Machine LearningDigital HealthHealthtechMental Health

Sushant Gupta(Founder)in

Co-investorsArtis Ventures

Mission Biomissionbio.comin

Mission Bio develops single-cell biology tools and platforms for researchers and clinicians to enable precision medicine discovery and cancer treatment.

BiotechDeep TechDigital HealthMedical DevicesSouth San Francisco, US

Adam Sciambi(Founder)inAdam Abate, Ph.D.(Director)Charles Silver(Chief Executive Officer, Treasurer, Secretary and Director)Maneesh Jain, Ph.D.(Director)

BoardPaul Billings, M.D., Ph.D.(Director)Urshit Parikh(Director)

Co-investorsCota CapitalGreen Park & Golf VenturesKeiretsu ForumMighty CapitalSand Hill AngelsFoothill Ventures

Mojo Visionmojo.visionin𝕏

Mojo Vision develops micro-LED technology, positioning it as a platform for AI infrastructure and next-generation displays.

Deep TechHardwareSemiconductors

Nikhil Balram(Chief Executive Officer)inMike Wiemer(Chief Technology Officer)inG. Aaron James(General Counsel)in

BoardSteve Jurvetson(Founder)in

Co-investorsARC Angel FundArgonautic VenturesBold Capital PartnersDisney AcceleratorFlucas VenturesFuture Ventures+15 more

Neuroharmonicsneuroharmonics.cominSeed · Jan 2026

Neuroharmonics is developing a non-invasive neuromodulation platform based on focused transcranial ultrasound to modulate specific brain circuits for treating neurological and psychiatric conditions and enabling brain-computer interaction.

Deep TechHealthtechMedical Devices

Antonio Stanziola(Founder)in

Co-investorsAlbionVC

Neuvectorneuvector.comin𝕏acquired by SUSE

NeuVector is a Kubernetes-native, full lifecycle container security platform, acquired by SUSE in 2021 and open sourced.

Cloud ComputingCybersecurityDeveloper Tools

Co-investorsAspenwoodHummer Winblad Venture Partners (HWVP)Sv Tech Ventures, Inc.TSVC

Nexanexa.aiin
Nexa4Ainexa4ai.comin
Nexusflownexusflow.ai

Generative AI solution unlocking potential of security products and supercharging operations

Co-investorsPoint72 Ventures

Nimble Sciencenimblesci.cominSeed · Apr 2023 · $2M

Nimble Science develops SIMBA Capsule Kits that enable researchers and commercial partners to study the small intestinal microenvironment; the company offers discounted access to these kits in exchange for research data and provides regulatory and clinical support services.

AI & Machine LearningBiotechDigital HealthHealthtechMedical Devices

Sabina Bruehlmannin

Co-investorsFirst Spark Ventures, LlcStartup TNTThin Air LabsUCeed FundsBoxOne VenturesSeventure Partners

Niobium Microsystemsniobiummicrosystems.com

Niobium builds an encrypted cloud computing platform based on fully homomorphic encryption (FHE), keeping data encrypted while in use.

Cloud ComputingCybersecurityDeep TechDayton, US

Jorge Myszne(Executive Officer)Kevin Yoder(President & CEO)inMatthew Farrell(Executive Officer)Georgios Dimou(Executive Officer)Lucas Duncan(Executive Officer)David Archer(Executive Officer, Director)

Co-investorsJobsOhio VenturesOhio Innovation FundSilicon CatalystMorgan Creek Capital

nucnucypher.com

Security and encryption platform for distributed systems.

San Francisco, US

MacLane Wilkison(Founder)

Co-investors1k(x)1kxAmino CapitalBase Venture Management, Inc.Ceras VenturesContinue Capital+3 more

NuCypher (aka Threshold Network)threshold.networkin𝕏Defunct

Threshold Network is a decentralized protocol that enables Bitcoin to be used across multiple blockchain networks and financial markets through its tBTC token, facilitating lending, staking, trading, and yield-generation activities.

Crypto & Web3Enterprise SoftwareFintechAustin, US

MacLane Wilkison(Founder/CEO)in

Co-investorsCollab+CurrencyCompoundSignum CapitalY Combinator

Nviewmednviewmed.comin

nView medical develops the nView s1, a low-dose 3D imaging and surgical navigation system with true-map navigation and AI-based intraoperative planning, guidance, and quality control.

AI & Machine LearningHealthtechMedical DevicesSalt Lake City, US

Cristian Atria(Executive Officer, Director, Promoter)inChristopher Jako(Director)

BoardLu Zhang(Director)in

Optimal Dynamicsoptimaldynamics.comin𝕏

Optimal Dynamics develops a Transportation Decision System that uses advanced analytics and AI to optimize operations and automate decision-making for enterprise trucking companies and carriers.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainPrinceton, US

Daniel Powell(Co-founder and CEO)inWarren Powell(Co-founder and Chief Innovation Officer)inTony Adams(Executive Officer)inChris Torrence(Executive Officer)inSam Woodward(Executive Officer)

BoardMichael Droesch(Director)in

Co-investorsACTIVATE CAPITAL PARTNERSBessemer Venture PartnersFitz Gate VenturesFraser McCombs CapitalKoch Disruptive TechnologiesNVP Capital+5 more

Orbifoldorbifold.aiin𝕏Seed · Jun 2025 · $5M

Orbifold AI offers a fashion-focused solution that uses AI to tag garment attributes such as style, material, and fit, annotate poses and garment regions, simulate fabrics, and build multimodal knowledge graphs from visual, text, and structured data.

AI & Machine LearningData & InfrastructureFintechInsurTechRetail TechRoboticsSaaSSan Jose, US

Enoch Zhu(Founder)inMike Cheng(Founder)in

Co-investorsBonfire Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

DirektivHaraedxLooptifyappMacrometaOmnifiOpeninterxOtoPointableQuantaporeSensenetSpinna MedicalTheseus TxsWhoknows

Exits · 7

2 IPOs · 5 acquisitions

LyftNASDAQ: LYFTSpace XNASDAQ: SPCXL.acq. by Procter & GambleLoop Genomicsacq. by Element BiosciencesNeuvectoracq. by SUSEPaperspaceacq. by DigitalOceanPopular Paysacq. by Lightricks

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Fusion made?
Fusion has 113 tracked investments, 7 of which have exited, including 10 dated in the last 24 months.
What stage does Fusion invest at?
Fusion invests at the Pre-Seed, Seed, Series A stages.
What is Fusion's typical check size?
Fusion typically writes checks of $500K – $1M.
What sectors does Fusion focus on?
Fusion focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Enterprise Software, Healthtech.
Where is Fusion located?
Fusion is headquartered in Palo Alto, US.
Does Fusion lead rounds?
Yes, Fusion leads investment rounds.
Who does Fusion co-invest with?
Fusion most often shares deals with Y Combinator, Evolution VC Partners, DCVC (Data Collective), among 347 tracked co-investors.

Media · Podcasts & interviews

featuring the team

06. How I Raised My First Million | Lu Zhang | Fusion Fund

AHN · Lu Zhang

Fusion Fund’s Lu Zhang on enterprise AI

CGTN America · Lu Zhang

AI, LPs, and the New Era of Venture | Lu Zhang (Founder & Managing Partner, Fusion Fund)

Carta · Lu Zhang

Lu Zhang, Fusion Fund

Roger Royse Law · Lu Zhang

The MedTech Startup Podcast - Lu Zhang - Fusion Fund

The MedTech Startup · Lu Zhang

MedTech Venture Capital Investor Lu Zhang, Founder and Managing Partner at Fusion Fund

State of MedTech · Lu Zhang

Co-investors · 62

DCVC (Data Collective)

DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.

$5M – $25M
Foothill Ventures

Foothill Ventures is a technology-focused venture fund based in Los Altos, California, run by a team with founder and operator backgrounds. It makes early-stage investments in frontier technology, particularly infrastructure and AI applications.

$100K – $10M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Flucas Ventures

Flucas Ventures is a solo GP fund led by Ashley Flucas, who simultaneously serves as COO of Summit Ventures while personally investing in 250-275+ startups and deploying over $75M through a syndicate of 2,000+ LPs in less than two years. The fund operates with true stage, sector, and geography agnosticism while democratizing access to top-tier venture deals by inviting diverse, nontraditional LPs to co-invest alongside marquee firms like Sequoia and Andreessen Horowitz.

$100K – $5M
Chamaeleon

Chamaeleon is an early-stage venture capital firm based in Silicon Valley that invests globally in transformative companies, using a proprietary AI and quantitative engine to inform its investment strategy.

Both backed · 3
EriduYouTalofa Games
$1M – $5M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 2
$500K – $50M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

Both backed · 2
$5M – $50M
Threshold Ventures

Threshold Ventures is a venture capital firm that partners with founder-led companies at inflection points of breakout growth, engaging early and providing hands-on advice during moments of market transformation.

Both backed · 2
$500K – $20M
Social Starts

Social Starts is a group of early-stage venture funds that applies a data-driven, analytics-based methodology to identify and back promising companies in high-potential segments. Its current fund, Social Starts Health and Happiness, targets startups focused on helping people live longer and better.

Shasta Ventures

Shasta Ventures is an early-stage venture capital firm that partners with founders building software, AI, and deep technology companies, providing capital, insight, and operating experience.

Both backed · 2
$250K – $6M
TSVC

TSV Capital (TSVC), formerly TEEC Angel Fund, is a Silicon Valley seed-stage venture firm that backs technical founders at the earliest stages, having invested in over 200 early-stage companies.

$1M
Dnx Ventures

DNX Ventures is an early-stage venture capital firm that invests in B2B startups across various industries.

Both backed · 2
$1M – $5M
50 more co-investors

Hummingbird VenturesGutbrain VenturesDay One VenturesKicker VenturesVanedge CapitalNew Enterprise Associates (NEA)Alumni VenturesGreat Oaks Venture CapitalUpHonest CapitalScale Venture PartnersFlybridge Capital PartnersBonfire VenturesAbstract VenturesVenrockAltaIR CapitalCoinbase VenturesPoint72 VenturesBasis Set VenturesSAV (Scale Asia Ventures)Indicator VenturesAV8 VenturesHatteras Venture PartnersSurface VenturesnoaRefinery VentureValhalla VenturesDraper TriangleFJ LabsBain Capital VenturesPartech VenturesHCVCAME Cloud VenturesFoundryRidge VenturesVillage GlobalWinklevoss Capital7percent VenturesPelion Venture PartnersAnorak VenturesCisco InvestmentsStorm VenturesHC9 VenturesUnstoppable DomainsArkitekt VenturesBioGeneration VenturesGood Growth CapitalRethink ImpactNext Level VenturesDEFTA PartnersAltalurra Ventures

Firms observed investing alongside Fusion, from public investor directories. Shared companies are the overlap with Fusion's recorded portfolio.

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