
Fine Structure Venture
Description
Fine Structure Ventures is a Boston-based venture capital firm that specializes in investing in companies leveraging deep technology to address complex, industry-transforming challenges. Established with a clear mandate to support groundbreaking innovation, the firm partners with exceptional founders who are building businesses at the forefront of technological advancement. Their investment philosophy centers on identifying and nurturing companies that possess proprietary technology and have the potential for significant market disruption across various sectors, including AI, advanced materials, quantum computing, and biotechnology.
The firm made a significant mark with the closing of its inaugural fund, Fine Structure Ventures Fund I, LP, which secured an impressive $1.25 billion in commitments in June 2021. This substantial capital base positions Fine Structure Ventures as a formidable player in the deep tech investment landscape, enabling them to provide robust financial backing to their portfolio companies. Their strategic approach involves not just capital infusion but also active partnership, offering operational guidance and strategic support to help founders scale their ventures and navigate the complexities of commercializing cutting-edge technologies.
Given the substantial size of their fund and their focus on capital-intensive deep technology sectors, Fine Structure Ventures typically targets significant investment rounds. While specific figures can vary based on the stage and needs of the company, their initial check sizes generally range from $10 million to $75 million. This allows them to lead or co-lead substantial Series A, B, and later-stage growth rounds, providing the necessary capital for extensive research and development, market expansion, and talent acquisition. Their portfolio includes notable companies such as Lightmatter, Rigetti Computing, and Formlabs, all of which operate in highly innovative and capital-intensive domains, underscoring Fine Structure Ventures' commitment to fostering long-term growth in the deep tech ecosystem.
Investor Profile
Fine Structure Venture has backed more than 27 startups, with 4 new investments in the last 12 months alone. The firm has led 11 rounds, about 41% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Spain.
- Strong thematic focus on Energy, Manufacturing, Biotechnology.
- Led 1 rounds in the past year.
- Typical check size: $10M – $75M.
Stage Focus
- Series A (52%)
- Series B (19%)
- Seed (19%)
- Series E (7%)
- Series C (4%)
Country Focus
- United States (85%)
- United Kingdom (11%)
- Spain (4%)
Industry Focus
- Energy
- Manufacturing
- Biotechnology
- Semiconductor
- Clean Energy
- Renewable Energy
- Information Technology
- Electrical Distribution
- Industrial Manufacturing
- Agriculture
Frequently Asked Questions
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