Fundraising Fox

TSVC

Venture capitalActively deploying

Silicon Valley · Pre-Seed–Series A · 25 people tracked

Also known as TSVC MANAGEMENT LLC

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Investment thesis

TSVC is a Silicon Valley seed-stage venture firm founded in 2010 by serial entrepreneurs and engineers, focused on partnering early with technically ambitious founders tackling difficult challenges. Its portfolio spans more than 200 early-stage companies, including over 12 unicorns and public firms such as Zoom, Carta, and Ginkgo Bioworks. Today the firm concentrates on the next wave of innovation at the intersection of AI, robotics, advanced manufacturing, and energy systems. TSVC anticipates a 'Physical AI economy' in which intelligent machines, autonomous systems, and next-generation infrastructure transform the physical world, and it seeks founders aiming to build the defining companies of that future.

Source: firm website, verified Jul 29, 2026.

Stage
Pre-Seed–Series A
Check
$1M
HQ
Silicon Valley, California, US
Leads rounds
Leads
Instruments
Equity
Founded
2010
AUM
$30M
VC funds
3
Tracked investments
84

Team · 25 people

from the firm's website & public directories
Lisheng Wang· General Partnerin

Co-founder of Propel(x) and the MIT Alumni Angel Group.

Carl Wang· Partnerin
Derek Wang· Partnerin𝕏
Pamela Lee· Partnerin
Justin Song· Principalin

Founder of Citipanda.

Chiu Chau· Venture Partnerin𝕏

Focuses on biotech and health tech with hardware.

Cindy Zhang· Venture Partnerin
David Duan· Venture Partnerin

Focuses on medical devices, biotech, and health tech.

Larry Zhang· Venture Partner

Founder of Troodon Entertainment with expertise in games, consumer, and crypto.

Xisheng Zhang· Venture Partner

Founder of Accelicon Tech with expertise in semiconductors.

Zheng Xu· Venture Partnerin

Focuses on climate tech, robotics, and material science.

Carl Showalter· Fund Advisorin𝕏

COO of Fetch Robotics and former General Partner of Lightspeed Venture Partners.

Charlene Li· Director of Strategic Partnershipsin

Leads strategic partnerships and holds a Ph.D. in AI and NLP.

Jack Jia· Special Advisorin

Brings expertise in social networking, software, and consumer sectors.

Steven Li· Special Advisorin

Founder of Sumilux Tech and former VP at Amazon, Cisco, and Webex.

Tao Lu· Venture Advisorin

Focuses on AI, SaaS, cloud, security, and fintech.

Wei (Vivian) Di· Director of Fund Operationsin

Directs fund operations at TSVC.

What they invest in

from 55 of 84 portfolio companies

AI & Machine Learning ×22SaaS ×19Deep Tech ×13Enterprise Software ×13Hardware ×11Healthtech ×10Medical Devices ×9Biotech ×8

HQs:United States×33Canada×2China×2Singapore×1

Investments · 84 tracked

founders shown can be your intro path
Ginkgo Bioworksginkgobioworks.comin𝕏NYSE: DNA

Ginkgo Bioworks develops autonomous laboratory systems that automate manual benchwork in biotechnology R&D, enabling scientists to conduct experiments through natural language requests rather than manual lab work.

AI & Machine LearningBiotechDeep TechHealthtechBoston, US

Jason Kelly(Founder)inAustin Che(Founder)inTom Knight(Founder)inBarry Canton(Founder)inReshma Shetty(Founder)in

BoardReshma Sohoni

Jaspertherapeuticsjaspertherapeutics.cominNASDAQ: JSPR

BiotechRedwood City, US

Herb Cross(Executive Officer)Jeet Mahal(Executive Officer, Director)Patrick Crutcher(Director)Thomas Wiggans(Director)Judith Shizuru(Director)Svetlana Lucas(Director)

Petal Surgicalpetal.health✓ verified

Petal is developing an incisionless surgery platform using Millisecond Pulse Histotripsy, a form of focused therapeutic ultrasound that breaks down targeted diseased tissue without incisions, heat, or trauma.

Deep TechHealthtechMedical Devices

Prash Chopra(Founding CEO & Director)Bowen Jiang(Co-founder)Nicholas Theodore(Co-founder & Director)Rony Abovitz(Co-founding Advisor)

Petalsurgicalpetalsurgical.com✓ verified

Petal Surgical develops an incisionless surgery platform using Millisecond Pulse Histotripsy, a form of focused therapeutic ultrasound that breaks down targeted tissue via "Acoustic Liquefaction" without cutting, heat, or trauma.

Deep TechHealthtechMedical Devices

Prash Chopra(Founding CEO & Director)Bowen Jiang(Co-founder)Nicholas Theodore(Co-founder & Director)Frederic H. Moll(Director)Rony Abovitz(Co-founding Advisor)

HuskiSEC filingmedium confidence

Santa Clara, US

Eugene Zhang(Director)Guan Wang(Director, Executive Officer, Promoter)Hao Du(Director, Executive Officer, Promoter)Tim Wang(Executive Officer, Promoter)

Board seatEugene Zhang· per SEC Form D · $8.2M raise · filed Mar 2024

Alpineoptoelectronicsalpineoptoelectronics.com

Alpine Optoelectronics designs and manufactures high-speed optical transceivers, including 100G QSFP28 DWDM/xWDM and 800G QSFP-DD/OSFP LPO modules built on silicon photonics for data center and networking links over single-mode fiber.

Deep TechHardwareSemiconductors

Angle Healthanglehealth.comin𝕏

Angle Health is an AI-enabled health insurance platform that serves employers and their employees by consolidating carrier, third-party administrator, and managing general underwriter functions into a single integrated experience.

AI & Machine LearningFintechHealthtechInsurTechSaaSSan Francisco, US

Ty Wang(Founder)inAnirban Gangopadhyay(Founder)in

Apptopiaapptopia.com
Atriusatrius.comin

Atrius provides a cloud-based suite of applications and a unified data platform for the built environment, covering energy and sustainability tracking, indoor mapping and wayfinding, facilities and equipment health monitoring, and space and asset utilization.

Climate TechPropTechSaaS

Automatsolnautomatsoln.comin

Automat Solutions is a U.S.-based company that develops battery electrolytes and uses AI to accelerate materials discovery and formulation.

AI & Machine LearningEnergyNew MaterialsSan Leandro, US

Aviva Linksavivalinks.comin𝕏
Avomaavoma.comin𝕏

Avoma is a meeting intelligence platform that automatically captures, transcribes, and analyzes meetings, delivering summaries and key takeaways to Microsoft Teams channels to keep teams aligned.

AI & Machine LearningEnterprise SoftwareSaaSSales Tech

Beaglebeagle-tech.comin

Beagle Technology develops AI-powered mechanical systems for agricultural tractor operation that automate field labor tasks with precision control.

AgTechAI & Machine LearningRobotics

Blueprint Registryblueprintregistry.comin𝕏acquired by David's Bridal

Blueprint is a product team that was acquired by David's Bridal in August 2018 and focuses on delivering user experiences within the bridal industry.

ConsumerFintechMarketplacesSeattle, US

Elizabeth Ellingson(Executive Officer, Director)Nevin Shetty(Executive Officer, Director)j P Whaley(Director)

Bot Orange
Calicatcalicat.com

California Catalysts develops advanced materials and catalysts for hydrogen electrolysis using AI-driven discovery methods.

AI & Machine LearningCleantechEnergyNew MaterialsLos Angeles, US

Jim DiSanto(Co-founder, Board Director, Executive Consultant)

BoardNathan Lewis(Chief Scientific Advisor)

Cartacarta.comin𝕏

Carta is a cloud-based ERP platform for private capital markets that manages cap tables, equity administration, fund management, and valuations for startups, private companies, and venture funds globally.

Enterprise SoftwareFintechSaaS<UNKNOWN>

Henry Ward(Co-founder)Manu Kumar(Co-founder)Charly Kevers(Chief Financial Officer)Jeff Perry(Chief Revenue Officer)Nick Avery(Chief People Officer)Nicole Baer(Chief Marketing Officer)

Cassia Networkscassianetworks.comin𝕏
Celldomcelldom.comin

Celldom builds a live single-cell biology platform that uses microwell arrays in standard culture plate format, automated imaging, incubation, and real-time analysis to measure morphology, phenotypes, secreted proteins, gene expression, and cell-cell interactions across more than 100,000 cells per plate.

BiotechDeep TechHardware

Citconcitcon.comin𝕏

Citcon provides cross-border and mobile payment solutions for global e-commerce and digital wallet transactions.

E-commerceFintechSaaSSan Jose, US

David Feinleib(Director)Douglas Krause(Director)Priti Choksi(Director)Chunbo Huang(Executive Officer, Director)Benjamin Malka(Director)

Civil Mapscivilmaps.com
Cloudeaglecloudeagle.aiin𝕏

Platform helping IT, security and procurement teams manage and renew SaaS apps

D-Matrix AI Inference Accelerationd-matrix.aiin𝕏

d-Matrix develops AI compute hardware and platforms optimized for generative AI inference, designed to be faster, more energy-efficient, and more accessible than existing solutions.

AI & Machine LearningHardwareSemiconductors

Deskimodeskimo.comin𝕏

Deskimo operates a marketplace connecting employees with pay-per-use office and workspace access across Southeast Asia and the Middle East, allowing them to book nearby workspace by the minute through a mobile app.

Enterprise SoftwareMarketplacesPropTechSaaSSingapore, SG

Christian Mischler(Founder)inRaphael Cohen(Founder)in

Dexmatedexmate.aiin𝕏

Santa Clara, US

Yuzhe Qin(Executive Officer, Director)Tao Chen(Executive Officer, Director)Chongyang Wang(Executive Officer, Director)

Discurediscuremd.comin
EBOTsebots.comin𝕏

eBots builds AI-driven dual-arm, vision-integrated robotics for micron-precision assembly and quality control in manufacturing.

Advanced ManufacturingAI & Machine LearningRobotics

Zheng Xu(CEO)

Element Bioscienceselementbiosciences.comin𝕏

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

BiotechDeep TechHardwareMedical Devices

EquityZenequityzen.com

New York, US

Atish Davda(Executive Officer, Director)Philip Haslett(Executive Officer, Director)Shriram Bhashyam(Executive Officer, Director)

Estatestat.techin
Exaexa.aiin𝕏

Exa is an AI-powered search API that retrieves high-quality information from the web in real-time, designed for AI agents, developers, and applications that require precise natural-language search capabilities.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

William Bryk(co-founder/CEO)inJeffrey Wang(Founder)inWalden Yan(Co-Founder)

Exa Labs
Forta Healthfortahealth.com
Franklinwhfranklinwh.com
Gaatugaatu.com

Gaatu is an ecommerce company that operates several consumer product brands, including ViPEK garment racks, Broview storage solutions, MaxAuto lawnmower tires, and PARTSam decorative vehicle lighting.

ConsumerE-commerceLogistics & Supply ChainMilpitas, US

Yubin Pu(Executive Officer, Director)Changsong Zhu(Director)Yuqing Zhang(Director)

Healthplanalliancehealthplanalliance.org
HigherMehigherme.comin𝕏

<UNKNOWN>

Enterprise SoftwareHR TechSaaSToronto, CA

Rob Hunter(Founder/CEO)inJef Chedeville(Founder/CTO)in

Iterableiterable.comin𝕏

Iterable provides customer communication and engagement software that enables brands to create targeted messaging experiences across email, SMS, push, and other channels.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Andrew Boni(Co-founder, CEO (2021-2025))inHaoran Zhu(Executive Officer, Director)Sabri Murat Bicer(Director)

Joinsherpajoinsherpa.comin𝕏
JuziBotjuzibot.comin𝕏

Juzibot develops AI agents for enterprise workflows, enabling companies to automate tasks across departments from management to frontline operations through conversational AI integrated with workplace communication tools.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSBeijing, CN

Yuan Gao(Founder)inHuan Li(Founder)inJiarui Li(Founder)in

KeyDBkeydb.devin𝕏

KeyDB is an open source, multithreaded database that serves as a faster alternative to Redis, designed for high-throughput applications requiring horizontal and vertical scaling.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareToronto, CA

John Sully(Founder)inBen Schermel(Founder)in

Kinet Ickinet-ic.comin

Kinet-IC designs analog and power management integrated circuits, including overvoltage and surge protection, USB data line protection, EMI/ESD suppression, load switches and eFuses, DC-DC converters, PoE controllers, LED drivers, and wireless power receivers.

Deep TechHardwareSemiconductors

Kubitkubit.aiin
Leadoptikin𝕏

San Jose, US

Conrad Burke(Director)Mohammadreza Khorasaninejad(Executive Officer, Director)

Lex machinalexmachina.com

Lex Machina is a legal analytics platform that converts court documents and legal data into structured insights for law firms and legal professionals.

AI & Machine LearningData & InfrastructureLegalTech

Lumotivelumotive.com

Lumotive develops Light Control Metasurface (LCM) chips that steer and shape light without moving parts for optical beamforming.

Deep TechHardwareSemiconductors

Maicoinmaicoin.com
Mammothcybermammothcyber.comin𝕏
Mayvennmayvenn.com
Medriomedrio.comin

Medrio is an electronic data capture (EDC) platform designed for clinical trial teams at life sciences sponsors and contract research organizations.

Digital HealthMedical DevicesSaaS<UNKNOWN>, US

Michael Novotny(Executive Officer, Director)Richard Scheller(Director)Doug Engfer(Director)Dave Lipscomb(Director)

BoardRyan Drant(Director)Bradley Sloan(Director)

Metalenzmetalenz.comin

Metalenz develops metasurface optics technology for optical sensing in consumer and industrial devices.

Deep TechHardwareSemiconductorsStoneham, US

Xuhui Shao(Director)Robert Charles Devlin(Executive Officer, Director)Federico Capasso(Director)

Mobagelmobagel.com
Multibeamcorpmultibeamcorp.com

Multibeam develops a multicolumn electron-beam lithography platform for semiconductor manufacturing.

Deep TechHardwareSemiconductorsSunnyvale, US

Muselymusely.com𝕏

Musely is a telehealth service that connects patients with online doctor visits and delivers personalized, freshly compounded prescription skincare treatments (such as for dark spots) directly to their door.

Digital HealthDirect to ConsumerHealthtech

MyHealthTeamsmyhealthteams.com

Social networks for millions of people living with chronic conditions

San Francisco, US

Eric Peacock(Executive Officer, Director)Anne Raimondi(Director)Robin Murray(Director)Gary Dillabough(Director)

Neuvectorneuvector.comin𝕏

SUSE Security is an open source, Zero Trust container security platform that provides runtime security, threat detection, and compliance scanning across the container lifecycle for DevOps teams and enterprises.

Cloud ComputingCybersecurityDeveloper Tools

Oculioculi.ai

Oculi builds a Sensing and Processing Unit (SPU) that integrates AI vision at the pixel level, running vision processing on-chip to transmit only the information needed to detect what is in a scene without cloud dependency.

AI & Machine LearningHardwareSemiconductors

Opentronsopentrons.comin𝕏

Opentrons develops laboratory robots that automate scientific research tasks for scientists and research institutions.

AI & Machine LearningBiotechHardwareHealthtechMedical DevicesRoboticsNew York City, US

Nicholas Wagner(Founder)inWill Canine(Founder/CPO)inChiu Chau(Founder)inJuan Franck(Director)Leslie Mitchell(Director)Myrtle Potter(Director)

Opoweroracle.com
Perceptive Technologiesperceptive.ioin𝕏

Perceptive applies AI and robotics technology to dental practice, helping dentists increase patient capacity.

AI & Machine LearningHealthtechMedical DevicesRoboticsBoston, US

Chris Ciriello(Founder)inScott Phillips(Founder)inPhil Getto(CTO)Alex Furleigh(Chief of Staff)

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.

Frequently asked questions

What stage does TSVC invest at?
TSVC invests at the Pre-Seed, Seed, Series A stages.
What is TSVC's typical check size?
TSVC typically writes checks of $1M.
What sectors does TSVC focus on?
TSVC focuses on Advanced Manufacturing, AI & Machine Learning, Crypto & Web3, Deep Tech, Energy, Robotics.
Where is TSVC located?
TSVC is headquartered in Silicon Valley, US.
Does TSVC lead rounds?
Yes, TSVC leads investment rounds.

Media · Podcasts & interviews

featuring the team

Eugene Zhang, Founding Partner at TSVC: What's the Deal with Venture Capital and Tech Right Now?

The Blind Ambition Podcast with Jack Kelly · Eugene Zhang

Eugene Zhang - Founder and CEO at TSVC explains success in leadership

Single Focus Talent · Eugene Zhang

Meet the Manager Eugene Zhang Founding Partner at TSVC

iConnections · Eugene Zhang

Co-investors · 100

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

Both backed · 4
$500K – $50M
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.

Both backed · 4
ProbiusDXZingboxApptopiaCassia Networks
Ulu Ventures

Ulu Ventures is a seed-stage venture capital firm focused on finding and funding early-stage founder teams, emphasizing diversity and data-driven investment decisions.

$2M
MaC Venture Capital

MaC Venture Capital is an early-stage venture capital firm that partners closely with founders, offering hands-on support and strategic involvement beyond capital.

Both backed · 3
$500K – $2M
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
Khosla Ventures

Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.

$5K – $50M
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
K9 Ventures

K9 Ventures is a venture capital firm that relies on referrals from its trusted network and invests based on relationships.

Both backed · 2
$250K – $750K
Fusion

Fusion Fund is an early-stage venture capital firm backing startups with technical or data advantages in healthcare, enterprise AI, and industrial technology.

$500K – $1M
Merus Capital

Merus Capital is a venture capital firm that backs ambitious teams building industry-defining technology platforms.

Both backed · 2
$200K – $2.5M
Amino Capital

AMINO Capital is a global venture capital firm based in Palo Alto that invests around the theme of data moat and network effects, focusing on big data, machine learning, and exceptional products.

$100K – $10M
Brighter Capital

Brighter Capital is a family angel fund founded by a former Facebook engineer that invests in early-stage startups, making 10-20 direct investments per year.

Both backed · 2
IterableForta Health
$25K – $100K
88 more co-investors

GV (Google Ventures)Lightspeed Venture PartnersLong Journey VenturesNotable CapitalDCVC (Data Collective)Streamlined VenturesBling CapitalBullpen CapitalDCM VenturesAngelPadSpider CapitalM12 (Microsoft's Venture Fund)137 VenturesWndrCoRivet VenturesNewfund CapitalSony Ventures CorporationTunitas VenturesPruVen Capital PartnersOakseed VenturesSequoia CapitalFounders FundCraft VenturesAlumni VenturesRedpoint VenturesInsight PartnersSV AngelUnknown VenturesFoundation CapitalCoatue ManagementKrakenDST GlobalGreat Oaks Venture CapitalPlug and Play VenturesEniac VenturesQuiet CapitalSOSVSusa VenturesUpHonest CapitalSciFi VCKapor CapitalAmplify PartnersPractical Venture CapitalTrajectory VenturesLowercase CapitalOperator LPAltaIR Capital500 StartupsPareto HoldingsAntlerLOI VentureZetta Venture PartnersHeavybitLocus VenturesPrefix CapitalOyster VenturesScrum VenturesAmasiaRubicon Venture CapitalThomvest VenturesRally Ventures Management, LlcThink+ Ventures Management, LlcScout VenturesAI FundHC9 VenturesBINARY CAPITALEngineering CapitalIlluminate VenturesPortage VenturesStrata Capital PartnersBand of AngelsElefundXSeed CapitalFirsthandVCGSR VenturesBoosted CommerceFeenix Venture Partners LLCInnovation WorksRiverfront Ventures, LLCArgonautic VenturesHorizon 3 Venture StudioTensility Venture PartnersZhenFundHarmonix Music SystemsCabra VCMotus Ventures, LlcVine Street VenturesLuminate

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

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