Fundraising Fox

Section 32

Venture capital

Palo Alto · 23 people tracked

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Investment thesis

Section 32 operates as a deliberately capital-constrained, high-conviction venture firm that concentrates on a small number of companies to commit deeply and support founders over the long term. The team pairs experienced investors and operators with hands-on help recruiting leaders across engineering, AI, and go-to-market. Its investing focus spans artificial intelligence, computational biology, physical AI, infrastructure, cybersecurity, and enterprise. By constraining capital, the firm forces itself to choose between excellent opportunities rather than deploying into marginal ones, reserving meaningful time, capital, and attention for the companies it backs.

Source: firm website, verified Aug 7, 2026.

HQ
Palo Alto, California, US
Leads rounds
Leads
Instruments
Equity
Tracked investments
40

Team · 23 people

from the firm's website

What they invest in

from 37 of 40 portfolio companies

AI & Machine Learning ×21Enterprise Software ×11Biotech ×9SaaS ×9Deep Tech ×8Developer Tools ×7Medical Devices ×6Cybersecurity ×5

HQs:United States×21Canada×1Germany×1Sweden×1

Investments · 40 tracked

founders shown can be your intro path
Coinbasecoinbase.comin𝕏NASDAQ: COIN

Coinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers.

Crypto & Web3FintechLos Angeles, US

Brian Armstrong(Founder/CEO)in

Infleqtioninfleqtion.comin𝕏NYSE: INFQ

Infleqtion designs and manufactures neutral atom quantum computers, quantum sensors, and software for governments, corporations, and research institutions.

Deep TechDefense TechQuantum ComputingLouisville, US

Catherine P. Lego(Director)Pranav Gokhale(Chief Technology Officer)Dawn C. Meyerriecks(Director)Kristina M. Johnson(Director)Paul Lipman(Chief Revenue Officer)Jason D. Hall(Chief Legal Officer)

UBER Everyone's Private Driveruber.comin𝕏NYSE: UBER

Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.

Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US

Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)

Aspen Neuroscienceaspenneuroscience.comin𝕏✓ verified

Aspen Neuroscience develops iPSC-derived autologous cell therapies for neurological diseases, with a lead product (ANPD001) in Phase 1/2a clinical trials for Parkinson's disease.

BiotechDeep TechDigital HealthMedical Devices<UNKNOWN>, US

Andrés Bratt-Leal(Co-Founder and Senior Vice President, Research & Development)Damien McDevitt(President and Chief Executive Officer)

Formation Bioformation.bioin𝕏✓ verified

Formation Bio develops drugs through partnerships with health systems, academic medical centers, and research sites, focusing on clinical trials in dermatology, rheumatology, and cardiometabolic diseases.

AI & Machine LearningBiotechDeep TechDigital HealthHealthtech

Ben Liu(CEO & Co-Founder)Linhao Zhang(Co-Founder)

Medcryptmedcrypt.coin𝕏✓ verified

Medcrypt provides cybersecurity products and strategic consulting to medical device manufacturers to ensure devices are secure by design and meet regulatory requirements.

CybersecurityHealthtechMedical DevicesSaaSSan Diego, US

Mike Kijewski(Founder)inEric Pancoast(Founder)in

Medcryptmedcrypt.comin𝕏✓ verified

Medcrypt provides cybersecurity products and strategic consulting to medical device manufacturers to ensure their devices are secure by design and meet FDA regulatory requirements.

CybersecurityHealthtechMedical Devices

Octaveoctavebio.com✓ verified

Octave develops blood-based biomarker tests for neurodegenerative diseases including multiple sclerosis, Parkinson's disease, and Alzheimer's disease.

AI & Machine LearningBiotechDigital HealthMedical DevicesMenlo Park, US

William Hagstrom(Founder and Chairman)Doug Biehn(President and CEO)

TrialSparktrialspark.comin𝕏✓ verified

Formation Bio develops drugs alongside research site partners, including health systems, academic medical centers, and independent research sites, with a focus on accelerating clinical trials in dermatology, rheumatology, and cardiometabolic diseases.

AI & Machine LearningBiotechHealthtechMedical DevicesSaaSNew York, US

Linhao Zhang(Co-Founder)Benjamine Liu(Executive Officer, Director)

BoardAlfred Lin(Director)Michael Moritz(Director)Scott Kupor(Director)

80908090.aiin𝕏

8090 is an AI-native software development platform designed for regulated enterprises in healthcare, financial services, manufacturing, and government that enables teams to build production code from business intent with full audit trails and governance controls.

AI & Machine LearningDeveloper ToolsEnterprise Software

Chamath Palihapitiya(Co-founder and CEO)

Basecampbasecamp-research.comin
BigHat Biosciencesbighatbio.comin𝕏

Big Hat Bio develops therapeutics under development across multiple programs.

AI & Machine LearningBiotechDeep TechSan Francisco, US

Peyton Greenside(Executive Officer, Director)Steve Kafka(Director)Vineeta Agarwala(Director)Robert Chess(Director)Mark DePristo(Executive Officer, Director)

BoardFrancisco Gimenez(Director)

Black Forest Labsbfl.aiin𝕏

AI research lab developing visual intelligence technology including image generation and manipulation models.

AI & Machine LearningDeep TechDeveloper ToolsFreiburg, DE

Robin Rombach(Founder)Andreas Blattmann(Founder)Patrick Esser(Founder)Anjney Midha(Director)

BloomAPIbloomtext.comin𝕏

BloomText provides HIPAA-compliant messaging software built specifically for healthcare organizations.

Digital HealthHealthtechSaaSSeattle, US

Michael Wasser(Founder/CEO)inHeather Milone(Founder/Executive Business Advisor)in

Cohere Startupcohere.comin𝕏

Cohere builds foundational AI models and enterprise solutions that help businesses automate tasks, accelerate workflows, and enhance decision-making.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSToronto, CA

Aidan Gomez(Co-founder and CEO)Ivan Zhang(Co-founder)Nick Frosst(Co-founder)

Databricksdatabricks.comin𝕏

Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Ali Ghodsi(Executive Officer, Director, Promoter)Ion Stoica(Executive Officer, Director, Promoter)Matei Zaharia(Executive Officer, Director, Promoter)David Conte(Executive Officer)Tram Phi(Executive Officer)

BoardPeter Sonsini(Director)

Deeldeel.comin𝕏

Deel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders.

Enterprise SoftwareFintechFuture of WorkHR TechSaaSSan Francisco, US

Alex Bouaziz(Founder/CEO)inShuo Wang(Founder/CRO)in

Emaema.ai

EMA is an enterprise platform for building and scaling AI-powered workflows that automatically selects the best combination of models for each task to optimize accuracy, cost, and latency.

AI & Machine LearningEnterprise SoftwareSaaS

Endor Labsendorlabs.comin𝕏

Endor Labs provides application security tooling to identify, prioritize, and fix vulnerabilities in software development, with particular focus on securing AI-generated code and open-source dependencies.

AI & Machine LearningCybersecurityDeveloper ToolsPalo Alto, US

Varun Badhwar(Founder & Co-founder)inDimitri Stiliadis(Founder & Co-founder)

Flow Securitycrowdstrike.comin

CrowdStrike provides cloud-native security software protecting endpoints, cloud workloads, identity systems, and data infrastructure to prevent breaches for enterprise customers.

Cloud ComputingCybersecurityEnterprise Software

George Kurtz(Founder & CEO)

Gretelgretel.aiin𝕏

Gretel provides synthetic data generation tools that enable developers to create high-quality, domain-specific datasets for training agentic AI systems and language models.

AI & Machine LearningData & InfrastructureDeveloper ToolsPoway, US

Ali Golshan(Director)Sridhar Ramaswamy(Director)Laszlo Bock(Director)Kelly Perdew(Director)Alexander Watson(Executive Officer, Director)

Gustogusto.comin𝕏

Gusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.

Enterprise SoftwareHR TechSan Francisco, US

Josh Reeves(Founder/CEO)inEdward Kim(Founder/Empowering Gusto's Engineering Team)inTomer London(Founder/; Empowering Gusto's Product and Design Teams)in

humans&humansand.ai𝕏

humans& is a frontier AI lab focused on building human-centric AI systems that prioritize people and their relationships, emphasizing innovations in reinforcement learning, memory, and user understanding to create AI that strengthens organizations and communities.

AI & Machine LearningEnterprise SoftwareSaaSEl Segundo, US

Eric Zelikman(Co-founder)Alaarif Nooruldeen(Executive Officer, Director)Kristen Green(Director)Allen Mask(Director)Jonathan Ellman(Director)Eduardo Vivas(Director)

Inceptiveinceptive.lifein

Inceptive builds foundation models of biological systems for drug discovery, specializing in sequence-based medicines like mRNA and peptides.

AI & Machine LearningBiotechMedical DevicesPalo Alto, US

Jakob Uszkoreit(Executive Officer, Director, Promoter)Kevin Heyries(Executive Officer)Vijay S. Pande(Director)Diana Isabel Ajuria(Executive Officer)Do Soon Kim(Executive Officer)

Inworld AIinworld.aiin𝕏

Inworld AI provides a full-duplex audio streaming platform that enables real-time conversational AI interactions with intelligent turn-taking, function calling, and multi-model routing capabilities for developers building conversational applications.

AI & Machine LearningDeveloper Tools

Legoralegora.comin𝕏

Legora builds AI-powered collaboration software for lawyers to automate routine tasks and improve efficiency in legal work.

AI & Machine LearningEnterprise SoftwareLegalTechStockholm, SE

Max Junestrand(Founder)inSigge Labor(Founder)in

Limeli.mein𝕏

Lime operates a shared electric scooter and e-bike service that riders unlock by scanning a QR code through its app.

ConsumerMarketplacesMobility & Transportation

Wayne Ting(CEO)in

Nestnest.com

Google Nest manufactures smart home devices including cameras, doorbells, speakers, and thermostats that integrate with Google Home for security, entertainment, and energy management.

ConsumerHardwareIoTMountain View, US

Neuralinkneuralink.com

BiotechFremont, US

Jared Birchall(Executive Officer, Director)ELON MUSK(Executive Officer)

New Limitnewlimit.com𝕏

NewLimit develops epigenetic reprogramming medicines to extend healthspan and treat age-related diseases at the intersection of computer science and biotechnology.

AI & Machine LearningBiotechLongevity

Brian Armstrong(Co-founder, Board of Directors)Blake Byers(Director)Jacob Kimmel(Director)Michael Polansky(Executive Officer)

BoardZavain Dar(Director)

Ohaloohalo.com

Ohalo develops agricultural products designed to improve farmer productivity and livelihoods globally.

AgTechBiotech

Phaidraphaidra.aiin

Phaidra develops an AI control platform that uses reinforcement learning to optimize energy efficiency and operational performance in data centers and AI factories.

AI & Machine LearningCloud ComputingDeep TechEnergy

Jim Gao(Chief Executive Officer)inVeda Panneershelvam(Chief Technology Officer)inKatie Hoffman(President and Chief Operating Officer)in

Physical Intelligencepi.website𝕏

Physical Intelligence develops generalist AI models for robotics that can control any robot to perform various tasks through learning algorithms and multi-robot training.

AI & Machine LearningDeep TechRobotics

Sergey Levine(Founder)

Rayarayatheapp.com
Sandbox AQsandboxaq.comin𝕏

SandboxAQ combines artificial intelligence and quantum technology to address complex industrial challenges.

AI & Machine LearningDeep TechQuantum Computing

Sergey Brin(Founder)

Scale AIscale.comin𝕏

Scale provides high-quality training data, model evaluations, and full-stack AI systems for enterprises and governments to build and deploy AI applications.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Alexandr Wang(Founder/CEO)in

Section 32s32.com
Slackslack.comin𝕏

Slack is an AI-powered communication platform that consolidates conversations, applications, and customer interactions in a single workspace for businesses.

Enterprise SoftwareFuture of WorkSaaSSan Francisco, US

Stairwellstairwell.comin

Stairwell provides cybersecurity threat intelligence solutions to help teams identify and address security threats.

Cybersecurity

Wise Systemswisesystems.comin𝕏

Wise Systems provides an AI-driven routing optimization platform for delivery and fleet operations.

AI & Machine LearningData & InfrastructureLogistics & Supply ChainSaaSCambridge, US

Charles Sims II(Executive Officer, Director)Ali Kamil(Executive Officer, Director)Layla Shaikley(Executive Officer, Director)Jemel Derbali(Executive Officer, Director)

BoardDr. Sandy PentlandEdgar Blanco

Frequently asked questions

What sectors does Section 32 focus on?
Section 32 focuses on AI & Machine Learning, Biotech, Cybersecurity, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, Healthtech, Robotics, SaaS.
Where is Section 32 located?
Section 32 is headquartered in Palo Alto, US.
Does Section 32 lead rounds?
Yes, Section 32 leads investment rounds.

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