Factory (FactoryHQ) is a boutique venture capital fund and studio focused on early-stage deep tech and data-centric AI investments. Founded in 2021 and based in Menlo Park, California, the firm invests in seed and Series A startups across AI/ML, foundation models, and generative AI.
Deal activity decreased year-over-year (6 deals in the last 12 months vs 11 prior). Their most common stage is seed (44% of deals). Average disclosed round size is $23.2M (across 127 rounds with reported amounts).
Portfolio
112
Fund Size
—
Top Stage
Seed
Last 12 Mo
6
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
137 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Transfyr | Seed | $25M | Aug 2026 |
 Engram | Unknown | $98M | Jun 2026 |
 Engram | Unknown | $98M | Jan 2026 |
 DexMat | Seed | $5M | Jan 2026 |
 Gimlet | Series A | $80M | Jan 2026 |
 Radical Numerics | Seed | $50M | Jan 2026 |
| SSenticell | Seed | $7M | Jan 2026 |
 Simile | Series B | $200M | Jan 2026 |
 Simile | Series B | $200M | Jan 2026 |
| CCynch AI | Growth | $9M | Dec 2025 |
 Ray Studios | Unknown | — | Dec 2025 |
 DataJoint | Seed | $4.9M | Sep 2025 |
| AAmplifAI Solutions Inc. | Series A | $18.5M | Sep 2025 |
 Guild | Pre-Seed | $2M | Aug 2025 |
 Callidus Legal AI | Unknown | $10M | Jul 2025 |
| CCallidus | Unknown | $10M | Jul 2025 |
 Paradigm Robotics | Pre-Seed | $4.0M | Jul 2025 |
 X-Bow | Series B | $105M | May 2025 |
 Virtue AI | Seed | — | Apr 2025 |
| Virtue AI | Series A | $30M | Apr 2025 |
 Together AI | Series B | $305M | Feb 2025 |
| CCartesia AI, Inc. | Series A | $64M | Jan 2025 |
 ICON | Series C | $56M | Jan 2025 |
 Galileo | Series B | $45M | Oct 2024 |
 Galileo | Series B | $45M | Oct 2024 |
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Top Co-Investors
Silverton Partners16 shared
LiveOak Venture Partners14 shared
SV Angel11 shared
General Catalyst10 shared
Greylock Partners9 shared
Lightspeed Venture Partners9 shared
Walden Catalyst Ventures8 shared
Techstars8 shared
GV7 shared
Lux Capital7 shared
Battery Ventures7 shared
Definition Capital6 shared
Floodgate Fund6 shared
Prosperity7 Ventures6 shared
Scale Venture Partners5 shared
Y Combinator5 shared
First Round Capital5 shared
Walden Venture Capital5 shared
MVP Ventures5 shared
GG15 shared
Last updated: 7 October 2026