MFV Partners

MFV Partners is an early-stage US deep tech venture fund established in 2018 and based in the San Francisco Bay Area. The firm is dedicated to backing visionary deep tech entrepreneurs who are developing solutions to some of the world's most pressing challenges. MFV Partners focuses on transforming large industries such as automotive, manufacturing, energy, agriculture, and healthcare through groundbreaking technological advancements.

The firm's investment thesis centers on engineering-led innovations in areas like sensors, artificial intelligence (AI), robotics, quantum computing, and the Internet of Things (IoT). MFV Partners believes these deep tech areas have the potential to disrupt traditional ecosystems, create substantial value over decades, and drive positive impacts on the planet, addressing issues such as labor shortages and the climate crisis. They actively seek out early-stage companies with novel, often patented technologies that can create or lead new categories in large markets.

MFV Partners' portfolio showcases a diverse range of deep tech companies. Notable investments include PsiQuantum in quantum computing, Agility Robotics and Chef Robotics in AI robotics, MP Space focusing on computing, energy, and space, OpenInfer in AI systems and computing, and PhenoTA in AI and healthcare. The firm also has investments in energy transition companies like Conifer and robotics in agriculture with Irrigreen. Their past investments include successful exits like Waze (acquired) and MapmyIndia (IPO).

The investment team at MFV Partners brings extensive experience to the deep tech sector. Key members include Karthee Madasamy, Managing Partner; Ashish Gupta, Chairman and Partner; Dr. Ruchi Dana, Partner; and Aaron Pickard, Investor. Pavan Ongole serves as an Advisor, contributing to the firm's strategic insights and operational guidance. The team is committed to engaging as thought partners with founders, assisting with technology validation and commercialization.