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.
Deal activity increased 100% year-over-year (16 deals in the last 12 months). Average disclosed round size is $95.6M (across 86 rounds with reported amounts).
Portfolio
76
Fund Size
$125M
Top Stage
Seed
Last 12 Mo
16
Team
Alex Li
Partner, Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
95 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Transfyr | Seed | $25M | Aug 2026 |
| WWispr (Wispr Flow) | Series B | $30M | Aug 2026 |
| HHeaviside Industries | Series B | $60M | Aug 2026 |
 Lumilens | Seed | $700M | Aug 2026 |
 Engram | Unknown | $98M | Jun 2026 |
| CCatcher | Series A | $65M | May 2026 |
 Frore Systems | Series D | $143M | Mar 2026 |
 Inertia | Series A | — | Feb 2026 |
 Gyde | Series C | $60M | Jan 2026 |
 Cambium | Series B | $100M | Jan 2026 |
| CCambium Biomaterials | Series B | $100M | Jan 2026 |
| Lumilens | Series C | $700M | Jan 2026 |
 Heaviside | Series B | $60M | Jan 2026 |
 Wispr | Series B | $260M | Jan 2026 |
 Osmo | Seed | $5M | Jan 2026 |
| Gyde | Seed | $60M | Jan 2026 |
 Moberg Analytics | Seed | $600K | Oct 2025 |
| SStrella | Series A | $14M | Oct 2025 |
 Upscale AI | Seed | $100M | Sep 2025 |
 Upscale Ai | Seed | $100M | Sep 2025 |
 ProRata.ai | Series B | — | Sep 2025 |
 Bench IQ | Seed | — | Aug 2025 |
 Sema4.ai | Series A | — | Jun 2025 |
 Exowatt | Series A | $50M | Apr 2025 |
 HoneyHive | Seed | $7.4M | Apr 2025 |
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Top Co-Investors
Mayfield Fund14 shared
StepStone Group13 shared
Alumni Ventures12 shared
Khosla Ventures10 shared
8VC10 shared
Neo9 shared
Bessemer Venture Partners9 shared
Gaingels9 shared
Menlo Ventures8 shared
General Catalyst8 shared
Qualcomm Ventures8 shared
Lux Capital7 shared
Lightspeed Venture Partners7 shared
Felicis7 shared
Plug and Play Tech Center6 shared
Peak XV Partners6 shared
Redpoint Ventures5 shared
WestBridge Capital5 shared
AltaIR Capital5 shared
Autotech Ventures5 shared
Last updated: 7 October 2026