
Neoteny is an early-stage venture capital firm founded by Joi Ito in 1999. Originally based in Tokyo, it has operated through multiple fund vehicles (Neoteny 1, Neoteny Labs, Neoteny 3, Neoteny 4) and now operates from the Boston area, investing in hardware, software, internet, and biotech startups in the US and Canada.
Their most common stage is series-b (40% of deals). Average disclosed round size is $13.3M (across 15 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
AM
ADAM MULLINAX
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| SSonde Health, Inc. | Series B | $19.3M | Dec 2022 |
| GGuardian Ag | Unknown | $10.5M | Apr 2021 |
| Series B | $22.3M | Aug 2019 | |
| Series B | $22.3M | Aug 2019 | |
| Series B | $22.3M | Jan 2019 | |
| Series A | $10M | Sep 2018 | |
| Series A | $18M | Jan 2017 | |
| LLittlebits | Series A | $3.6M | Jun 2015 |
| LLittlebits | Series B | $11.1M | Nov 2013 |
| Unknown | $27M | Jan 2012 | |
| Unknown | $500K | Jan 2012 | |
| Series B | $20M | Oct 2011 | |
| Series A | $4.3M | — | |
| LLittlebits | Seed | $850K | — |
| Series A | $7M | — |
Top Co-Investors
Khosla Ventures3 shared
Animoca Brands3 shared
firstminute capital3 shared
Makers Fund3 shared
Novator Partners3 shared
Northzone3 shared
500 Global2 shared
Greylock Partners2 shared
Andreessen Horowitz2 shared
E14 Fund2 shared
Innovation Endeavors1 shared
Dentsu Ventures1 shared
Rakuten1 shared
Sound Ventures1 shared
Pear VC1 shared
August Capital1 shared
New Enterprise Associates1 shared
Maveron1 shared
First Round Capital1 shared
Correlation Ventures1 shared
Last updated: 20 October 2026