
Phoenix Venture Partners
Description
Phoenix Venture Partners (PVP) is a San Mateo, California-based venture capital firm specializing in advanced materials, manufacturing, and industrial technologies. Founded with a mission to commercialize breakthrough innovations, PVP partners with entrepreneurs who possess disruptive intellectual property and significant market potential. Their investment thesis centers on identifying and nurturing companies that can transform traditional industries through scientific and engineering advancements, focusing on deep technology solutions.
PVP provides not only capital but also strategic guidance and operational support, leveraging their deep industry expertise and network. They are known for taking a hands-on approach, working closely with portfolio companies to accelerate growth and market penetration. Initial investments typically range from $3 million to $10 million, with the capacity for substantial follow-on funding to support companies through various stages of development. This flexible approach allows them to support promising ventures from early-stage development through commercialization.
With over $450 million in capital under management across multiple funds, PVP has built a robust portfolio of over 30 companies. Their investments span diverse applications within advanced materials, including additive manufacturing, sustainable materials, and advanced electronics. Notable portfolio companies include Desktop Metal, which successfully went public, and Carbon, a leader in 3D printing technology. These investments underscore PVP's commitment to fostering innovation that addresses critical industrial needs and creates significant market value.
Investor Profile
Phoenix Venture Partners has backed more than 47 startups, with 2 new investments in the last 12 months alone. The firm has led 21 rounds, about 45% of its total and boasts 6 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, Canada, Japan.
- Strong thematic focus on Manufacturing, Biotechnology, Software.
- Led 1 rounds in the past year.
- Typical check size: $3M – $10M.
Stage Focus
- Series A (38%)
- Series B (30%)
- Seed (9%)
- Series Unknown (6%)
- Series C (6%)
- Series D (4%)
- Series E (2%)
- Pre Seed (2%)
- Convertible Note (2%)
Country Focus
- United States (87%)
- Canada (6%)
- Japan (2%)
- Germany (2%)
Industry Focus
- Manufacturing
- Biotechnology
- Software
- Health Care
- Artificial Intelligence (Ai)
- Electronics
- Life Science
- Biopharma
- Chemical
- Advanced Materials
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.