Fusion Fund

Artificial Intelligence · Venture Capital
82investments
11exits
$369.9Mraised by its portfolio in 12 months
7,204open roles in its portfolio

Overview

Fusion Fund is an early-stage venture capital firm focused on deep technology and technical founders. It invests in enterprise artificial intelligence, healthcare technology, industrial technology and infrastructure companies, typically at the seed and Series A stages. The firm was founded in 2015 by Lu Zhang, originally under the name NewGen Capital, and is based in Palo Alto, California.

Investor profile

Venture capital
Investments
82
57 of them startups
Hiring now
29
7,204 open roles
Deals in 12 months
1
Rounds in 12 months
11
$369.9M raised
Exits
11
1 closed
Focusshare of its companies
Artificial Intelligence 54%Health Care 11%Cybersecurity 11%Software 10%Hardware 10%Biotechnology 7%Data & Analytics 7%Media & Entertainment 5%
Where its companies are
United States 59%Canada 5%United Kingdom 4%Israel 2%Germany 1%Norway 1%
Stage of its companies
Pre-seed & seed 100%
Its companies, the freshest money firstAll 82 investments
Altis LabsSeries A $25M · 1 mo ago · 6 roles PalonaVenture round $20M · 2 mo ago · 6 roles Markets LLCVenture round $2.5M · 5 mo ago Subtle MedicalVenture round $33M · 5 mo ago ScoutSeries A $18M · 6 mo ago Mojo VisionVenture round $17.5M · 7 mo ago EriduVenture round $187.5M · 8 mo ago · 24 roles Rhino Federated ComputingVenture round $11.3M · 9 mo ago · 3 roles AgileRLSeed · 10 mo ago MedraSeries A $52M · 11 mo ago · 14 roles MemoriesSeed $8M · 15 mo ago PheironVenture round $4.2M · 17 mo ago
7,204 open roles at 29 of its companies
Hiring fastestroles opened in 30 days
NVIDIA650 new roles in 30 days SpaceX602 new roles in 30 days Qualcomm282 new roles in 30 days vCluster13 new roles in 30 days Constructor12 new roles in 30 days SUSE10 new roles in 30 days
New in the portfolioadded to its portfolio page in 6 months
Goalyadded Nov 8 · 6 roles
Co-investorscompanies they hold together
Y Combinator 8 shared Plug and Play 5 shared Insight Partners 4 shared Moonshots Capital 3 shared AlleyCorp 3 shared ValueAdd VC 3 shared Notable Capital 2 shared Pegasus Tech Ventures 2 shared Rocketship.vc 2 shared DCVC 2 shared
Similar investorstheir companies share markets and countries
Menlo Ventures Y Combinator Multimodal Ventures Andreessen Horowitz GV Felicis Kleiner Perkins General Catalyst
Sources: its portfolio page, read Nov 8; 3 rounds in the press that name it

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Palo Alto United States
HQ
Connect with us
10-50 est. staff
550 Lytton Ave, Palo Alto, CA 94301
company site