About This Fund
About Nomadic Pear VC Nomadic Pear VC is a co-investment special purpose vehicle (SPV) established by Pear VC (Pejman Mar Ventures), a San Francisco and Menlo Park-based early-stage venture capital firm. Pear VC was co-founded in 2013 by Pejman Nozad and Mar Hershenson and manages over $800 million in assets across five fund vehicles (Pear Ventures I through V). The firm focuses exclusively on pre-seed and seed stage investments in high-impact technology companies, partnering with founders from their earliest stages across software, artificial intelligence, deep tech, and digital infrastructure. Pear VC's broader portfolio includes DoorDash, Guardant Health, and Branch. Nomadic Pear VC was established in 2026 in connection with Pear VC's participation in the seed funding round of NomadicML Inc. (operating as Nomadic), a physical AI infrastructure company that raised an $8.4 million seed round in March 2026.
This SPV represents Pear VC's co-investment vehicle for its seed-stage allocation in NomadicML Inc., an artificial intelligence infrastructure company founded by Harvard computer science graduates Mustafa Bal (CEO) and Varun Krishnan (CTO), formerly of Lyft and Snowflake respectively. The seed round was led by TQ Ventures at a $50 million post-money valuation, with co-investors including Pear VC, Google DeepMind co-founder Jeff Dean, and other strategic angels. NomadicML has built a platform that converts large-scale video archives generated by autonomous vehicle fleets and robotic systems into structured, searchable, AI-ready datasets using vision language models. The technology directly addresses a critical bottleneck in physical AI development: the inability to efficiently extract systematic learning from the vast volumes of real-world operational data generated by deployed autonomous systems. Pear VC's participation aligns with the firm's long-standing thesis of backing technical founders building infrastructure-level solutions for transformative technology markets.
The NomadicML investment reflects a broader opportunity in physical AI infrastructure: as autonomous vehicle and robotics deployments scale globally, the ability to learn rapidly from operational data becomes a decisive competitive advantage for hardware and AI companies. Nomadic's early customers include Zoox (Amazon's autonomous vehicle subsidiary), Mitsubishi Electric Automotive America, Zendar, and Natix Network, validating the platform's utility for Tier 1 automotive and AV suppliers. The company won first prize at the Nvidia GTC pitch competition in February 2026, receiving strong validation from the autonomous systems and semiconductor community. As a co-investment SPV, Nomadic Pear VC does not have an independent fundraising target or disclosed fund size, as the vehicle is sized to Pear VC's specific allocation within the $8.4 million seed round. The investment thesis is consistent with Pear VC's conviction that physical AI training infrastructure represents one of the defining platform opportunities of the current technology cycle.