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1517 Fund is a venture capital firm that focuses on backing young founders, college dropouts, and renegade scientists, particularly in early-stage software, hardware with a data play, deep tech, and biotech companies. Their strategy involves providing pre-seed and seed funding, often as the first institutional capital, alongside grants, mentorship, and community support to unconventional talent.
Average disclosed round size is $23.5M (across 9 rounds with reported amounts).
Portfolio
9
Fund Size
$175M
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Current Surgical Inc. | Seed | $3.2M | Feb 2023 |
| SSpace Perspective | Series A | $40M | Oct 2021 |
 Presso | Pre-Seed | $1.6M | Dec 2020 |
 Luminar | Series D | $100M | Jul 2019 |
| FFleet | Seed | $4M | Apr 2016 |
 Flyp | Series A | $10M | — |
 H2Ok Innovations | Seed | $6.8M | — |
| Luminar | Series B | $36M | — |
| Presso | Series A | $10M | — |
Top Co-Investors
Pathbreaker Ventures2 shared
AME Cloud2 shared
Canvas Ventures2 shared
Prime Movers Lab1 shared
E2MC1 shared
SpaceFund1 shared
Base1 shared
True Ventures1 shared
SciFounders1 shared
Asymmetric Capital Partners1 shared
NextView Ventures1 shared
Afore Capital1 shared
Interlace1 shared
BAM1 shared
Gaingels1 shared
Tectonic Ventures1 shared
SOSV1 shared
YETI Capital1 shared
Techstars1 shared
Construct Venture1 shared
Last updated: 16 April 2026