Fundraising Fox

Hanabi Capital

Venture capitalActively deploying

Palo Alto · 8 people tracked

Also known as HANABI CAPITAL MANAGEMENT, LLC

Find your way into Hanabi Capital

2,251 people in our graph share verified history with the Hanabi Capital team — schools, employers, funds. One of them is your warm intro.

Iva Messyunlockedknows Matt Sonnenblick · together at Altamont Capital Partners (overlapped)
knows the team · via Stanford University
×2knows the team · via Dropbox
×8knows the team · via Index Ventures
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Fund manager profile

Hanabi Capital is a venture fund manager based in Palo Alto. SEC filings show 2 venture funds on record, most recently Hanabi Capital Fund II, L.P. ($500M offering) filed August 2026.

Source: SEC EDGAR Form D filings. Firm website data not yet available.

HQ
Palo Alto, CA, US
Founded
2024
Last 12 months
3 investments
Private fund assets
$231.5M
VC funds
1
Tracked investments
15
Unicorns
3
Acquisitions
2

Team · 8 people

from the firm's website & curated & public directories
Michelangelo Volpi· General Partner

What they invest in

from 13 of 15 portfolio companies

AI & Machine Learning ×11Enterprise Software ×6Developer Tools ×5SaaS ×5Data & Infrastructure ×3Cloud Computing ×2Creator Economy ×2Deep Tech ×2

HQs:United States×12

Who they back

founder profiles across 7 portfolio companies
0%
repeat founders
of 15 founders with career history

Where their founders studiedfrom 10 founders with education data

Massachusetts Institute of Technology ×3Stanford University ×2

What their founders studiedfrom 14 founders with field-of-study data

Computer Science ×10Mathematics & Statistics ×5Engineering ×4Economics ×2

Where their founders worked beforefrom 15 founders with career history

Massachusetts Institute of Technology ×3Salesforce ×2SpaceXAI ×2Stanford University ×2UC Berkeley ×2

Investments · 15 tracked

founders shown can be your intro path

By year:2026 · 32025 · 42023 · 12018 · 19 dated

Arcadearcade.devin𝕏

Arcade provides an MCP runtime layer that enables AI agents to securely connect to external tools and business systems through user authentication, authorization, and policy enforcement.

AI & Machine LearningDeveloper ToolsEnterprise Software

Sam Partee(Founder)in

Co-investorsFlybridge Capital PartnersGaruda VenturesNeotribe VenturesSyn Ventures Seed Management LlcLaude VenturesSYN Ventures

BRINCbrincdrones.comin𝕏Series B · Apr 2025 · $75M

BRINC develops and deploys drones for public safety and emergency response, designed to de-escalate dangerous situations and reduce risk to first responders and communities.

GovTechHardwareRobotics

Blake Resnick(Founder)in

Co-investorsIndex VenturesNext Play VenturesStarship VenturesTusk Venture Partners

Cartesia coming sooncartesia.aiin𝕏

Cartesia provides a text-to-speech API for developers, offering low-latency multilingual voice generation, voice cloning from short audio clips, and fine control over pitch, speed, and emotion.

AI & Machine LearningDeep TechDeveloper ToolsMedia & EntertainmentSaaSSan Francisco, US

Arjun Desai(Founder)inKaran Goel(Founder)in

Co-investorsCoho DeeptechConvictionGeneral CatalystIndex VenturesKleiner PerkinsLeonis Capital+4 more

Click Houseclickhouse.comin𝕏

ClickHouse develops a column-oriented database management system that enables real-time analytical reporting via SQL queries.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Aaron Katz(Co-Founder & CEO)inAlexey Milovidov(Co-Founder & CTO)inYury Izrailevsky(Co-Founder & President)in

Co-investorsAltimeter CapitalIndex VenturesAdapt VenturesArtisanal VenturesBattery VenturesBessemer Venture Partners+11 more

Cursorcursor.comin𝕏acquired by SpaceX · Jun 2026 · $60B

Cursor is a code editor that enables teams to manage and distribute Model Context Protocol (MCP) servers and integrations through team marketplaces, with features for organization-level access control and cloud agent integration.

AI & Machine LearningDeveloper ToolsSaaS

Sualeh Asif(Cofounder)Arvid Lunnemark(Co-founder)inAman Sanger(Cofounder)inMicheal Truell(Cofounder)Michael Truell(Co-founder & CEO)in

Co-investorsAccelAndreessen HorowitzAviso VenturesBoxGroupCoatue ManagementCRV (Charles River Ventures)+10 more

Floraflora.aiin𝕏

FLORA offers an infinite multiplayer canvas that gives creative teams access to 170+ image, video, and audio AI models with built-in editing, brand-control tools, and reusable workflows for producing on-brand assets across formats like campaigns, social, and retail.

AI & Machine LearningCreator EconomyEnterprise SoftwareMarketing TechNew York City, US

Alex Li(Co-founder)inWeber W.(Co-founder)in

Co-investorsNotable CapitalRedpoint Ventures

Flora Faunaflorafauna.aiin𝕏

FLORA is an AI creative platform that brings text, image, and video generation models together on a single canvas, letting creative teams ideate, iterate, and scale production-grade assets in one workflow.

AI & Machine LearningCreator EconomySaaS

Co-investorsLong Journey VenturesRedpoint Ventures

Generalistgeneralistai.comin𝕏Aug 2026

Generalist develops embodied foundation models for robots, focusing on dexterity and enabling machines to intelligently interact with the physical world.

AI & Machine LearningDeep TechRoboticsBay Area, Boston, US

Andy Zeng(Founder)inPete Florence(Founder)inAndrew Barry(Executive Officer, Director)in

BoardFraser Kelton(Director)inRobert Toews(Director)Ellen Chisa(Director)in

Co-investors8VCboldstart venturesInspired CapitalLMNT VenturesNorwest Venture PartnersRadical Ventures+9 more

LiveKitlivekit.ioin𝕏Series B · Jan 2026 · $100M

LiveKit is a developer platform for building, deploying, and monitoring voice, video, and physical AI agents using open source SDKs, with cloud infrastructure that handles runtime, routing, autoscaling, and realtime observability.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSan Jose, US

Co-investorsIndex VenturesRedpoint VenturesAltimeter CapitalSalesforce Ventures

Neticnetic.aiin𝕏Series A · Jun 2025 · $20M

Netic builds production-grade AI systems that automate end-to-end workflows for essential service industries including home services, automotive, and consumer healthcare.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Melisa Tokmak(Founder & CEO)inBrandy Loudermilk(Operations/Customer Success executive at Netic (exact current title unconfirmed))in

BoardMike Volpi(Board Member; General Partner, Hanabi Ventures/Capital (investor))in

Co-investorsDay One VenturesDylan FieldElad GilFounders FundGreylock PartnersLachy Groom+1 more

Nodenode.ioJan 2026 · $42Macquired by SugarCRM

Data intelligence layer providing personalized B2B recommendations.

Data & InfrastructureSan Francisco, US

Falon Fatemi(Executive Officer, Director)in

Co-investors500 GlobalBase Venture Management, Inc.Dreamers VCJetBlue VenturesMS&AD VenturesNewView Capital+9 more

Parahelpparahelp.comin𝕏Sep 2025

Parahelp builds an AI-powered customer support agent that can be configured to integrate with external tools and APIs to resolve support tickets autonomously.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Anker Ryhl(Founder)inMads Liechti(Founder)in

PartnerMike Volpi· solo GP

Co-investorsbyFoundersOrange CollectiveSkyfall VenturesY CombinatorAlt CapitalHidden Capital+1 more

Rare BitsinApr 2018

Rare Bits is a San Francisco peer-to-peer marketplace for buying, selling and auctioning Ethereum-based crypto-collectibles (NFTs).

San Francisco, US

Amitt Mahajan(Executive Officer, Director)inDavid Pekar(Executive Officer, Director)

BoardNabeel Hyatt(Director)in

Co-investorsCraft VenturesFirst Round CapitalSancus VenturesSpark CapitalSV Angel

Traversaltraversal.comin𝕏Series A · Jun 2025 · $48M

Traversal builds an agentic AI system that uses machine learning to autonomously analyze telemetry data and troubleshoot production incidents for enterprise software teams.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareNew York City, US

Anish Agarwal(Co-founder)inRaaz Dwivedi(Co-founder)inRaj Agrawal(Co-founder)inAhmed Lone(Co-founder)in

Co-investorsKleiner PerkinsSequoia CapitalSV AngelAmex VenturesIndex VenturesSabrina Hahn Fund

Other

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

Transcend Inc.

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 · 2

2 acquisitions

Cursoracq. by SpaceXNodeacq. by SugarCRM

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Hanabi Capital made?
Hanabi Capital has 15 tracked investments, 2 of which have exited, including 7 dated in the last 24 months.
Where is Hanabi Capital located?
Hanabi Capital is headquartered in Palo Alto, US.
Who does Hanabi Capital co-invest with?
Hanabi Capital most often shares deals with Index Ventures, Redpoint Ventures, Coatue Management, among 51 tracked co-investors.

Co-investors · 128

Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

$540K – $10.8M
Redpoint Ventures

Since 1999, Redpoint Ventures has partnered with visionary founders to create new markets and redefine existing ones. The firm invests early in startups building category-defining companies, from AI and infrastructure to security. Redpoint has backed hundreds of companies, including Netflix, Snowflake, Stripe, Ramp, Twilio, Ramp, and Hims, and today backs the next generation of AI leaders like OpenAI, Legora, Modal, Abridge and Physical Intelligence. Redpoint is based in San Francisco and has offices in New York City and Woodside. For more information visit: http://www.redpoint.com/

$100K – $10M
SV Angel

SV Angel is a firm that has backed startup founders since the 1990s, leveraging a large network of founders, industry leaders, and regulators to support portfolio companies.

Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

Both backed · 2
$100K – $1M
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

$500K – $15M
Coatue Management

Coatue Management is a technology-focused investment firm that invests in innovation across both public and private markets with responsible risk management.

Both backed · 2
$1M – $20M
Spark Capital

Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.

Both backed · 2
$500K – $25M
Altimeter Capital

Altimeter is a technology-focused investment firm that partners with founders to help build enduring companies. It manages multiple funds investing across both public and private markets and aims to support companies through all stages of growth, including their transition into public markets.

Both backed · 2
$1M – $25M
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 · 1
$500K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

Both backed · 1
$4.4M – $214M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

Both backed · 1
$30M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

Both backed · 1
$500K – $5M
116 more co-investors

Lightspeed Venture PartnersBessemer Venture PartnersAccelKhosla VenturesGreylock PartnersNotable CapitalInsight PartnersMenlo VenturesIVP (Institutional Venture Partners)CRV (Charles River Ventures)DST GlobalUnion Square Ventures (USV)Battery VenturesFirstMark CapitalFlybridge Capital PartnersDell Technologies CapitalPreston-Werner VenturesConvictionFactorial CapitalSancus VenturesGV (Google Ventures)New Enterprise Associates (NEA)Founder CollectiveBenchmarkUnknown VenturesUberDCVC (Data Collective)B Capital GroupTrue VenturesTiger Global ManagementBalderton CapitalEniac VenturesQuiet CapitalGoat CapitalACME CapitalOffline VenturesMayfield FundSlow VenturesHCVCGreycroftAME Cloud VenturesC2 InvestmentsSciFi VCInnovation EndeavorsAccel-KKRMadrona Venture GroupEmergence Capital PartnersObvious VenturesStellar CapitalAdditionAmplify PartnersBond Capital ManagementInovia CapitalSouth Park CommonsAcrew CapitalRed Swan VenturesNext47Lowercase CapitalSherpalo VenturesGustoPear VCM13Nexus Venture PartnersIntel CapitalAccompliceHomebrewTribe Capital FirstlookGeneral PartnershipWinklevoss CapitalChemistryOperator CollectiveAIX VenturesTenaya CapitalQualcomm VenturesCompany CapitalDecibel Partners2xNWork-BenchMucker CapitalScience VenturesKohlberg Kravis RobertsMango CapitalMosaic VenturesStorm VenturesJackson Square VenturesRelay VenturesPropeller VCBasis Set VenturesGreenoaksChicago VenturesEndeavor CatalystHighbury HoldingsThomvest VenturesGigascale Capital1984 Ventures Management, LlcAZ-VCVerified CapitalGlobal Innovation FundSutter Hill VenturesBow CapitalCredo VenturesLearn CapitalRembrandt Venture PartnersCervinMithril Capital ManagementPiva CapitalAlkeon CapitalMorgenthaler7GC & CoDag VenturesAUTHENTIC VENTURESDTCPDVx VenturesHeroic VenturesLeadout CapitalTriplePoint Capital

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

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