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Common Metal is an early-stage venture capital firm based in Burlingame, California, founded in 2021. It invests in unconventional founders across AI, deep tech, consumer, and biotech, with partners who previously built engineering teams at Apple, Google, Meta, and OpenAI.
33% of their portfolio is in AI. Deal activity decreased year-over-year (1 deal in the last 12 months vs 4 prior). Their most common stage is seed (67% of deals). Average disclosed round size is $100.9M (across 9 rounds with reported amounts).
Portfolio
7
Fund Size
—
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Lila Sciences | Series A | $350M | Oct 2025 |
| KKeplar | Seed | $3.4M | Sep 2025 |
| LLILA | Seed | $200M | Mar 2025 |
 Together AI | Series B | $305M | Feb 2025 |
| KKeplar | Seed | $3.4M | Jan 2025 |
 Cove | Seed | $6M | Oct 2024 |
 Checkmate | Series A | $15M | May 2023 |
| TTeachMe | Seed | $5M | Jan 2023 |
| Together AI | Seed | $20M | — |
Top Co-Investors
SV Angel4 shared
General Catalyst4 shared
Kleiner Perkins3 shared
Alumni Ventures3 shared
March Capital3 shared
South Park Commons2 shared
Definition Capital2 shared
Long Journey Ventures2 shared
Cadenza2 shared
First Round Capital2 shared
Lux Capital2 shared
SCB 10X2 shared
A Capital2 shared
Factory2 shared
Susa Ventures2 shared
NVentures2 shared
Catalio Capital Management2 shared
Abu Dhabi Investment Authority2 shared
Flagship Pioneering2 shared
Altitude Life Science Ventures2 shared
Last updated: 20 October 2026