Palo Alto · Pre-Seed–Series A · 26 people tracked
Also known as Fusion Artesian · FUSION FUND SILICON VALLEY LLC · Fusion Supernova
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 Aug 25, 2026.
Team · 26 people
from the firm's website & public directoriesFounder mafia
3 people who came through Fusion went on to found or lead other companies.
What they invest in
from 75 of 96 portfolio companiesAI & Machine Learning ×47Enterprise Software ×24Deep Tech ×16Biotech ×15Medical Devices ×15SaaS ×14Developer Tools ×10Healthtech ×10
HQs:United States×45Canada×1Germany×1United Kingdom×1Norway×1
Who they back
founder profiles across 47 portfolio companiesFounding team size:solo founder×222 founders×203 founders×24+ founders×3
Where their founders studiedfrom 22 founders with education data
Harvard University ×2Peking University ×2Stanford University ×2Tsinghua University ×2University of California, Berkeley ×2University of Michigan ×2
Where their founders worked beforefrom 26 founders with career history
Stanford University ×6Google ×3DigitalOcean ×2Nortel Networks ×2Princeton University ×2Runway ×2Shutterstock ×2SpaceX ×2
Accelerator rootsportfolio companies that came through a program
11 founders hold a PhD · 3 hold an MBA (of 26 with degree data)
Investments · 96 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 32024 · 32023 · 12019 · 12017 · 22016 · 12015 · 113 dated
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)in
Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+110 more
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
vCluster platform making Kubernetes more efficient; closed a $24M Series A led by Khosla Ventures.
San Francisco, US
Lukas Gentele(Executive Officer, Director)Fabian Kramm(Director)
Board seatLu Zhang· per SEC Form D
Co-investorsBerkeley SkyDeck FundBlackRockEMERGENT VENTURESFoundation CapitalKhosla VenturesSurface Ventures+1 more
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)Ittai Dayan(Dr.)inChristopher Laws(Executive Officer)
BoardEdward Michael(Director)
Board seatIvneet Bhullar· per SEC Form D
Co-investorsAlleyCorp
Palo Alto, US
Board seatDavid Gerster· per SEC Form D · $4.9M raise · filed Mar 2025
New York, US
Anshul Vikram Pandey(Director)Kumesh Aroomoogan(Executive Officer, Director)
Co-investorsEvolution VC PartnersKube VCMighty CapitalNeer Venture PartnersNVIDIASmart Partnership Capital+4 more
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 CapitalReign VenturesVictorum+2 more
AgileRL offers Arena, a platform that unifies training, tuning, and deployment of reinforcement learning models, with built-in evolutionary hyperparameter optimization and distributed multi-GPU training for single- and multi-agent tasks.
AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareLondon, GB
Param Kumar(CEO)inNick Ustaran-Anderegg(CTO)in
Co-investorsEntrepreneur FirstFlying Fish VenturesOctopus VenturesCounterview Capital
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 Labs provides tools for analyzing medical imaging data to help biopharma sponsors gain insight during drug development, and supports clinicians and scientists conducting medical imaging research.
AI & Machine LearningBiotechMedical Devices
Felix Baldauf-Lenschenin
Co-investorsCreative Destruction Lab (CDL)Debiopharm Innovation FundOrbiMedBenchstrength Partners
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
Co-investorsElevate Innovation PartnersFlucas Ventures
Birdie is a customer context platform that connects customer signals — surveys, reviews, support tickets, voice calls, chats, and social mentions — and uses AI to diagnose issues by root cause, score interactions, and route decisions into workflow tools.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsAstellaIlluminate VenturesSoftBank Group
BlueSpace.ai develops AI software for navigation and autonomy using 4D predictive perception that captures the full motion of objects to enable safety verification for autonomous driving systems.
AI & Machine LearningDefense TechMobility & TransportationPalo Alto, US
Joel Pazhayampallil(CEO)Christine Moon(Co-Founder)
Co-investorsSLVCX-HUB TOKYO Global Startup Accelerator
Blumind develops all-analog semiconductor technology, including ultra-low-power analog neural signal processors (NSPs) and AMPL IP core/chiplet technology, for always-on AI classification tasks such as keyword detection, audio, vision, and sensor fusion.
AI & Machine LearningHardwareSemiconductors
Niraj Mathur(Founder)in
Co-investorsACME CapitalBDC Sustainability Venture FundCreative Destruction Lab (CDL)Two Small Fish VenturesBDC Capital CorporationCycle Capital+1 more
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)
Co-investorsCandou VenturesKoch Disruptive TechnologiesDell Technologies CapitalUncorrelated Ventures
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 USIncubate FundJ-Ventures
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)in
Co-investorsAlumni VenturesAtlanta Tech VillageBasecamp FundCoatue ManagementCVX VenturesGener8tor+11 more
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)Allon Klein(Scientific Co-founder)Olivier Pourquié(Scientific Co-founder)Cliff Tabin(Scientific Co-founder)Jay Shendure(Scientific Co-founder)
Co-investorsAstellas Venture Management LLCLerer Hippeaumark vcSciFi VC
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
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 VenturesGreencode VenturesSilversmith Capital Partnersxista science venturesZetta Venture Partners
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
Co-investorsSapphire VenturesSignia Venture PartnersSilversmith Capital PartnersZetta Venture Partners
Cosm provides software and 3D printing technology that let clinicians create personalized pessaries fitted to each patient's needs, addressing pelvic organ prolapse and incontinence.
Digital HealthFemTechMedical Devices
Co-investorsScaleGood Fund LP (powered by TELUS)
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
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 VenturesLockheed Martin VenturesYaletown Partners
Element Biosciences develops biological analysis platforms and DNA sequencing tools for scientists and research institutions.
BiotechDeep TechHardwareMedical Devices
Co-investorsDraper AssociatesForesite CapitalRA CapitalTSVCVenrock
Eridu develops networking infrastructure optimized for artificial intelligence workloads.
AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US
Drew Perkins(CEO and founder)inChristian Gallagher(Director)Jagdeep Singh(Director)Omar Hassen(Director)Dipender Saluja(Director)Brian Kinard(Executive Officer)
Co-investorsBosch VenturesCatapult VenturesMatter Venture PartnersSocratic PartnersZelda VenturesBlack Opal Ventures+12 more
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
Co-investorsBascom VenturesBattery VenturesBuilders + BackersCastor Ventures (an Alumni Ventures Fund)Celtic House Asia PartnersDisruptive Ventures+20 more
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 LearningBiotechHealthtech
Co-investorsSteelSky VenturesHatteras Venture Partners
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)
Co-investorsComet Labs
Inference.ai builds an integrated AI stack spanning applications, model routing, GPU compute, and education tools.
AI & Machine LearningCloud ComputingDeveloper Tools
Co-investorsMaple VC
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 PartnersAlley Robotics VenturesUbiquity VenturesWestWave Capital
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.Y Combinator
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 & Entertainment
Zeev Farbman(Co-founder and CEO)Nir Pochter(Founder)in
Co-investorsClaltechGreycroftHanaco Venture CapitalInsight PartnersLeft Lane CapitalViola Ventures+1 more
Medra builds robotic systems integrated with AI, computer vision, and natural language processing to automate data collection for life science research.
AI & Machine LearningBiotechDeep TechRobotics
Michelle Lee(Co-founder)in
Co-investorsCarbon SiliconFifty YearsHuman CapitalLux CapitalMenlo VenturesMetaplanet+4 more
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 Next
Meomind operates an LLM-based knowledge engine for behavioral health that gives members access to a library of 1,000+ pre-recorded therapy sessions from licensed providers, along with clinical assessments, journaling, and CBT exercises.
AI & Machine LearningDigital HealthMental Health
Co-investorsArtis Ventures
Mission Bio develops single-cell biology tools and platforms for researchers and clinicians to enable precision medicine discovery and cancer treatment.
BiotechDeep TechDigital HealthMedical Devices
Adam Sciambi(Founder)in
Co-investorsCota CapitalGreen Park & Golf VenturesKeiretsu ForumMighty CapitalFoothill Ventures
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)Mike Wiemer(Chief Technology Officer)G. Aaron James(General Counsel)
BoardSteve Jurvetson(Founder)in
Co-investorsARC Angel FundArgonautic VenturesBold Capital PartnersDisney AcceleratorFlucas VenturesFuture Ventures+12 more
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
Co-investorsAlbionVC
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
Generative AI solution unlocking potential of security products and supercharging operations
Co-investorsPoint72 Ventures
Nimble Sciences develops the SIMBA GI Platform, a swallowable capsule system that autonomously collects, seals, and preserves fluid biopsies from the small intestine to generate multi-omic datasets of the GI tract.
BiotechDigital HealthMedical Devices
Co-investorsFirst Spark Ventures, LlcStartup TNTThin Air LabsUCeed FundsBoxOne VenturesSeventure Partners
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)Matthew Farrell(Executive Officer)Georgios Dimou(Executive Officer)Lucas Duncan(Executive Officer)David Archer(Executive Officer, Director)
Co-investorsJobsOhio VenturesOhio Innovation FundSilicon CatalystMorgan Creek Capital
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
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)Christopher Jako(Director)
BoardLu Zhang(Director)
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)Chris Torrence(Executive Officer)Sam Woodward(Executive Officer)
BoardMichael Droesch(Director)in
Co-investorsACTIVATE CAPITAL PARTNERSBessemer Venture PartnersFitz Gate VenturesFraser McCombs CapitalKoch Disruptive TechnologiesNVP Capital+5 more
Orbifold provides a multimodal data curation platform that automatically transforms unstructured video, audio, images, and documents into structured, schema-mapped datasets delivered via API.
AI & Machine LearningData & InfrastructureSaaSSan Jose, US
Enoch Zhu(Founder)inMike Cheng(Founder)
Co-investorsBonfire Ventures
Co-investorsBleu Capital
Otter.ai is an AI-powered meeting assistant that records, transcribes, and summarizes conversations in real time across multiple languages, automatically capturing decisions and action items.
AI & Machine LearningFuture of WorkSaaSMountain View, US
Sam Liang(Founder & CEO)inEli M(Founder)
Co-investors500 GlobalDFJ DragonFundDraper DragonDuke Capital PartnersFoothill VenturesGeodesic Capital+9 more
Overt Bio develops cell therapies that link genes to immune functions using genome-scale discovery platforms.
AI & Machine LearningBiotechMedical DevicesNew York, US
Dr. Legut(Co-Founder and CEO)Dr. Sanjana(Co-Founder)Mateusz Legut(Executive Officer, Director)Neville Sanjana(Director)Mat Legut(Founder)in
BoardVasudev Bailey(Director)in
Co-investorsArtis VenturesCivilization Ventures Management, LlcHAWKTAILWingAlexandriaGaingels+1 more
Palona AI provides a generative AI platform for restaurants that answers phone calls and messages to take orders, book tables, and upsell using voice cloning and custom brand personalities.
AI & Machine LearningFoodTechSaaSMenlo Park, US
Tim Howes(Founder)
Co-investorsWebb Investment NetworkUpHonest Capital
Paperspace provided cloud GPU infrastructure and a machine learning development platform, Gradient, for training and deploying AI models.
AI & Machine LearningCloud ComputingDeveloper ToolsDigital HealthEnterprise SoftwareMedical DevicesNew York City, US
Dillon Erb(Founder/CEO)inDaniel Kobran(Founder)inOuwen Huang(CEO)
Co-investorsDCVC (Data Collective)Ludlow VenturesRocketship.vcSINEWAVE VENTURESTransmedia CapitalY Combinator+6 more
Paradromics develops a brain-computer interface (BCI) system, with FDA Breakthrough Device Designations for speech decoding and digital device control, and works with academic medical institutions on translational BCI research.
BiotechDeep TechHealthtechMedical DevicesAustin, US
Matt Angle(Founder and CEO)in
Co-investors15th RockAlpha EdisonAnthropy PartnersCapital FactoryCoastCapFrontier Path VC+14 more
Wilmington, US
Thore Buergel(Executive Officer, Director, Promoter)Jakob Steinfeldt(Executive Officer, Director)
Co-investorsCompoundHummingbird VenturesAnanda Impact Ventures
PLEXUSS operates a student opportunity network connecting students with post-secondary institutions worldwide, letting students build profiles to be matched with colleges and access tutoring, coaching, and college-readiness tools.
AI & Machine LearningEdTechMarketplacesSocialWalnut Creek, US
Jamshid Pejman Novin(Executive Officer)
Co-investorsMindset Venture
Co-investorsZelda Ventures
Popular Pays is an influencer marketing and creator management platform that connects brands with creators for campaign development and execution.
Creator EconomyEnterprise SoftwareMarketing TechSaaSChicago, US
Corbett Drummey(Founder/CEO)inSteven Wanderski(Founder/Full Stack Web Developer)in
BoardClancey Stahr(Director)inPeter Dolan(Director)
Co-investorsBeringeaEmery CapitalGoAhead VenturesICCP Venture PartnersLakewest Venture PartnersLofty Ventures+5 more
Portal26 is an AI adoption management platform that gives enterprises visibility into generative and agentic AI usage, enforces security and governance, and measures ROI across the organization.
AI & Machine LearningCybersecurityEnterprise Software
Co-investorsRefinery VentureShasta Ventures
Proscia provides a digital pathology software platform that converts glass microscope slides into high-resolution digital images for viewing, management, and analysis by pathologists and research teams.
AI & Machine LearningBiotechHealthtechMedical DevicesPhiladelphia, US
David West, Jr.(Executive Officer, Director)David West(Executive Officer, Director)inDavid West, Sr.(Executive Officer, Director)
BoardAlex Niehenke(Director)inTom Loftus(Director)Robert Epstein(Director)
Co-investorsAlpha Intelligence CapitalEmerald Development ManagersFlybridge Capital PartnersGreen Park & Golf VenturesHitachi VenturesMaryland TEDCO+8 more
Qoniq combines AI-based analytics with expert guidance to help Medical Affairs and Scientific Affairs teams analyze large volumes of publications and datasets, surface connections, and generate industry-standard reports.
AI & Machine LearningBiotechHealthtech
Co-investorsExcelerate Health Ventures
Reality Defender develops an AI platform for detecting deepfakes and synthetic media, serving enterprise organizations to prevent fraud and impersonation.
AI & Machine LearningCybersecurityDefense TechEnterprise SoftwareSaaSNew York City, US
Ben Colman(CEO & Co-Founder)inGaurav Bharaj(Co-founder)Ali Shahriyari(Director)Lars Buttler(Founder)Milos Fulton(Executive Officer)
BoardAlexander Ross(Director)in
Co-investorsAmino CapitalArgon VenturesBooz Allen VenturesDCVC (Data Collective)Evolution VC PartnersEx/Ante+8 more
Rhino Federated Computing provides enterprise software infrastructure enabling organizations to run AI, analytics, and data workflows across distributed data environments while preserving privacy and security.
AI & Machine LearningData & InfrastructureEnterprise SoftwareBoston, US
Dr. Ittai DayaninYuval Baror(Founder)
Co-investorsAlleyCorpE12 Venture Capital, LlcLionBirdMitsui Global InvestmentAlley Robotics VenturesVolution Ventures
Ruby Bio uses fermentation to produce bio-based surfactants, natural food emulsifiers, polyol sweeteners, biomonomers, and oleochemicals from sugars and up-cycled waste feedstocks.
BiotechFoodTechNew Materials
Co-investorsEarth Venture CapitalKicker VenturesSocial StartsThe Venture Collective
SafeBeat Rx develops ECG analysis software and machine learning algorithms that power a platform for remote therapeutic monitoring of cardiac patients, working with third-party FDA-cleared devices such as mobile ECG, mobile cardiac telemetry, and implantable cardiac monitors accessed via smartphone.
AI & Machine LearningDigital HealthMedical Devices
Dr. Navara(Co-founder (bioengineer and cardiologist))Dr. Patel(Co-founder (physical medicine and interventional pain physician))Mr. Higgins(Engineering Director)
SafeHub provides building-specific, real-time data to help minimize risk during disasters, serving the structural engineering and risk management sectors.
Climate TechConstruction TechInsurTechIoTSan Francisco, US
Andy Thompson(Co-founder)inDouglas Frazier(Director)
Co-investorsBlackhorn VenturesJLL Spark Global VenturesMGV.VCJLL SparknoaPromus Ventures+1 more
SAIF Autonomy develops safety and assurance safeguards for autonomous systems and embodied/physical AI, aimed at organizations deploying autonomy in safety- and mission-critical applications.
AI & Machine LearningDeep TechRobotics
Kyle Thomas(Founder)in
Co-investorsKindred Capital
Sancho provides a "Physical API" that connects standalone manufacturing workcells into automated workflows for advanced manufacturing operations.
Advanced ManufacturingHardwareRobotics
Chao Cao(Founder)in
Co-investorsCatapult Ventures
Scout Space develops technologies for real-time sensing, data processing, and autonomous systems to protect space infrastructure.
AI & Machine LearningDeep TechDefense TechRoboticsSpace TechAlexandria, US
Co-investors100Km Ventures LlcCapital InnovatorsDecisive PointHelios CapitalTechstars
Co-investorsPlaza VenturesThin Line Capital
Cellular Intelligence is a cell therapy company developing engineered cell treatments for diseases, including a Phase 2-ready therapy for Parkinson's disease acquired from Novo Nordisk.
AI & Machine LearningBiotechDeep TechBoston, US
Micha Breakstone, Ph.D.(CEO & co-founder)Allon Klein, Ph.D.(Scientific Co-founder)Olivier Pourquié, Ph.D.(Scientific Co-founder)Cliff Tabin, Ph.D.(Scientific Co-founder)Jay Shendure, M.D., Ph.D.(Scientific Co-founder)Micah Breakstone(Executive Officer, Director, Promoter)
Co-investorsKhosla VenturesNext Coast VenturesSamsung NextAMD VenturesLerer HippeauMontage Ventures+1 more
Sonavex develops medical device technologies focused on vascular access and related clinical applications, drawing on ultrasound-based imaging and monitoring products.
BiotechDigital HealthHealthtechMedical DevicesBaltimore, US
David Narrow(Executive Officer, Director)Devin O'Brien-Coon(Co-Founder & Chairman)Jerry L. Prince(Co-Founder)John Rappe(Executive Officer)Jerry Prince(Director)Alex Yevzlin(Executive Officer)
Co-investorsJStar Capital InvestmentsKeiretsu ForumMaryland TEDCORembrandt Venture PartnersRiptide VenturesTEDCO+2 more
Spacebackend builds software infrastructure for integrating multi-vendor aerospace and defense hardware systems, automating the translation of hardware specifications into flight-ready software to collapse integration timelines.
Deep TechDeveloper ToolsEnterprise SoftwareSpace TechWilmington, US
Dmitry Goldenberg(Founder)in
Co-investorsFusion VCTechstarsAthos CapitalBynd Venture CapitalDraper B1
Burlingame, US
SAURAV SHROFF(Executive Officer, Director)MIHIR VIJAY GONDHALEKAR(Director)Saurav Shroff(Founder)in
BoardROHAN PUJARA(Director)in
Co-investorsBalerion Space VenturesCrucible CapitalGoAhead VenturesHummingbird VenturesValhalla Ventures8VC+3 more
Subtle Medical develops deep learning software for medical imaging that enables faster and safer image acquisition on existing scanners for healthcare providers and imaging centers.
AI & Machine LearningHealthtechMedical Devices
Greg Zaharchuk(Co-founder, MD, Ph.D., Neuroradiologist and Professor at Stanford)inEnhao Gong(Co-founder, Ph.D., Deep Learning Scientist)in
Co-investors3E Bioventures CapitalAtinum Investment Co. Ltd.Bessemer Venture PartnersBreyer CapitalDCVC (Data Collective)Foothill Ventures+2 more
Synaptec Health provides AI-based medical coding software that reads patient charts and generates ICD-10, E/M, and CPT codes with modifiers for healthcare providers and billing teams.
AI & Machine LearningDigital HealthHealthtechLos Angeles, US
Michael McLaughlin(Executive Officer, Director)Chris McLaughlin(Executive Officer, Director)
BoardXuhui Shao(Director)in
Co-investorsCitta CapitalFoothill Ventures
Co-investorsChamaeleonKicker VenturesBasis Set Ventures
Co-investorsSpacecadet Ventures
TVision measures TV viewer presence and attention using in-home computer-vision technology, IoT, and data processing applied to a nationally representative household panel, producing second-by-second attention and engagement metrics.
AdTechAI & Machine LearningMarketing TechMedia & EntertainmentCambridge, US
Yanfeng Liu(Executive Officer, Director)Daniel Schiffman(Executive Officer, Director)
BoardBob Mason(Director)
Co-investorsAccompliceGolden VenturesBantam GroupDG Daiwa VenturesFairhaven Capital PartnersFlow Capital+8 more
vCluster provides software for creating and managing virtual, multi-tenant Kubernetes clusters with control-plane virtualization and strict tenant isolation, including hardware isolation on bare metal and GPU infrastructure.
Cloud ComputingDeveloper ToolsEnterprise Software
Co-investorsEMERGENT VENTURES
Völur provides AI-powered software for meat producers that optimizes carcass sorting, plant scheduling, and weekly production planning by matching supply with demand and operational capacity.
AI & Machine LearningFoodTechSaaS
Co-investorsIdékapitalScribble VenturesSerra VenturesYork IE
Voyage AI provides embedding models and reranker technologies for unstructured data retrieval, enabling semantic search and improved contextual information retrieval with optimized performance for specialized domains.
AI & Machine LearningData & InfrastructureEnterprise Software
Hong Liu(Founder)in
Co-investorsCRV (Charles River Ventures)RWT HorizonsTectonic VenturesWingDatabricks Ventures
With is a company building two products, including PopStage, a platform for designing interactive courses and hosting workshops, and an open-source virtual canvas for chatting, collaborating, and playing.
EdTechFuture of WorkSaaS
Co-investorsBetaworks Ventures Management, Llc
You.com provides Web Search APIs that give AI agents and large language models access to real-time, cited web data, addressing training cutoffs and hallucinations.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software
Richard Socher(CEO & Founder)inAlex Triplett(Chief Operating Officer)Saahil Jain(Chief Technology Officer)Saurabh Sharma(Chief Product Officer)Alper Tekin(President of Search)Jing Lee(Vice President of Finance and Operations)
Co-investorsAIX VenturesChamaeleonDay One VenturesEvolution VC PartnersNorwest Venture PartnersOmega Venture Partners+17 more
Zeroport develops hardware-based secure connectivity solutions that provide real-time network access without relying on vulnerable IP pathways, designed for organizations seeking isolation and protection at the physical layer.
CybersecurityDeep TechDefense TechHardware
Joseph Gertz(Founder)inLavi Friedman(Founder)in
Co-investorsClarim VenturesLool Ventures
Vectara is an enterprise agent platform for building AI agents deployable via SaaS, customer-managed VPC, or on-premise, with model-agnostic support and built-in governance.
AI & Machine LearningData & InfrastructureEnterprise SoftwareCupertino, US
Tallat M. Shafaat(Founder)Amr Awadallah(Founder)in
Co-investorsBrighter CapitalMDSV CAPITALPage One VenturesSamsung NextSparkLabs KoreaSparq Capital (SFO)+5 more
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 5
IPOs and acquisitions across the tracked portfolioSpaceXNASDAQ: SPCXL.acq. by Procter & GambleNeuvectoracq. by SUSEPaperspaceacq. by DigitalOceanPopular Paysacq. by Lightricks
Portfolio news
latest coverage across their companies
You · indianstartupnews.com · Aug 21, 2026

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Frequently asked questions
- How many investments has Fusion made?
- Fusion has 85 tracked investments, 4 of which have exited via acquisition or IPO, including 2 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 278 tracked co-investors.
Media · Podcasts & interviews
featuring the team06. 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
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.
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.
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.
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.
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.
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.
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.
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 is an early-stage venture capital firm that partners with founders building software, AI, and deep technology companies, providing capital, insight, and operating experience.
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.
Hummingbird Ventures is an Australian investment family office that applies a repeatable investment framework across asset classes, industries, and holding periods.
GutBrain Ventures is an early-stage technology venture capital firm led by investor and former entrepreneur Bob Davoli, who partners closely with founders and management teams to help build and scale high-growth software and technology companies.
▶50 more co-investors
Day One VenturesKicker VenturesVanedge CapitalAndreessen HorowitzNew Enterprise Associates (NEA)Alumni VenturesGreat Oaks Venture CapitalUpHonest CapitalScale Venture PartnersFlybridge Capital PartnersBonfire VenturesAbstract VenturesVenrockAltaIR CapitalDnx VenturesPoint72 VenturesBasis Set VenturesSAV (Scale Asia Ventures)Indicator VenturesHatteras Venture PartnersSurface VenturesnoaRefinery VentureValhalla VenturesFJ LabsBain Capital VenturesPartech VenturesHCVCAME Cloud VenturesFoundryRidge VenturesVillage GlobalWinklevoss CapitalCoinbase Ventures7percent VenturesPelion Venture PartnersAnorak VenturesCisco InvestmentsStorm VenturesHC9 VenturesUnstoppable DomainsArkitekt VenturesAV8 VenturesBioGeneration VenturesGood Growth CapitalRethink ImpactNext Level VenturesDEFTA PartnersDraper TriangleAltalurra Ventures
Firms observed investing alongside Fusion, from public investor directories. Shared companies are the overlap with Fusion's recorded portfolio.
Similar investors
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Fly Ventures is an early-stage venture firm that backs founders at the zero-to-one stage, with portfolio companies going on to raise substantial follow-on funding from top US and European VCs.
Hyderabad Angels is an angel investment network founded in 2010, comprising entrepreneurs, industrialists, and family offices that back early-stage startups across India with capital and mentorship.
Innoangel Fund (英诺基金) is a Chinese early-stage venture firm founded in 2013 that focuses on early technology investments, having backed over 500 innovation projects, several of which have gone public.












































































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