MVP Ventures (formerly Modern Venture Partners) is an early-stage venture capital firm based in Menlo Park, CA, partnering with elite teams building differentiated and defensible technology across software, hardware, AI, and deep tech. The firm closed its $125M Fund II in November 2025.
Average disclosed round size is $85.9M (across 52 rounds with reported amounts).
Portfolio
53
Fund Size
$125M
Top Stage
Seed
Last 12 Mo
12
Team
Alex Li
Partner, Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
59 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| WWispr (Wispr Flow) | Series B | $30M | Aug 2026 |
| HHeaviside Industries | Series B | $60M | Aug 2026 |
| CCatcher | Series A | $65M | May 2026 |
 Frore Systems | Series D | $143M | Mar 2026 |
 Inertia | Series A | — | Feb 2026 |
 Cambium | Series B | $100M | Jan 2026 |
| CCambium Biomaterials | Series B | $100M | Jan 2026 |
 Lumilens | Series C | $700M | Jan 2026 |
| WWispr | Series B | $260M | Jan 2026 |
| MMoberg Analytics | Seed | $600K | Oct 2025 |
 Strella AI | Series A | $14M | Oct 2025 |
 Upscale | Seed | $100M | Sep 2025 |
 ProRata.ai | Series B | — | Sep 2025 |
 Sema4.ai | Series A | — | Jun 2025 |
 Exowatt | Series A | $50M | Apr 2025 |
 HoneyHive | Seed | $7.4M | Apr 2025 |
 Turing | Series E | $111M | Mar 2025 |
 ICON | Series C | $56M | Feb 2025 |
 Turing | Unknown | $111M | Jan 2025 |
 Poly | Seed | $8M | Jan 2025 |
| TTuring | Series E | $111M | Jan 2025 |
 Spot AI | Series B | — | Oct 2024 |
 Third Dimension | Seed | $7M | Oct 2024 |
 Collaborative Robotics | Series B | $100M | Apr 2024 |
 Auradine | Series B | $80M | Apr 2024 |
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Top Co-Investors
Bessemer Venture Partners8 shared
8VC8 shared
Menlo Ventures7 shared
StepStone Group7 shared
Mayfield Fund7 shared
Alumni Ventures7 shared
Gaingels7 shared
Khosla Ventures6 shared
Felicis6 shared
Neo4 shared
Redpoint Ventures4 shared
Scale Venture Partners4 shared
WestBridge Capital4 shared
AltaIR Capital4 shared
General Catalyst4 shared
Sequoia Capital4 shared
Lightspeed Venture Partners4 shared
Qualcomm Ventures4 shared
GSBackers4 shared
Plug and Play Tech Center3 shared
Last updated: 9 September 2026