FPV Ventures
Location on request · Invests in US · Website
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🔒 $•• – $••Thesis
Mission-driven founders building transformative companies. FPV backs missionaries, not mercenaries—founders with genuine conviction in solving hard problems and willingness to pursue 100-year visions. Focus on founders who are misunderstood initially but recognized as geniuses for changing the world. Founder service is their North Star—they aim to be the founder's first phone call with operational support from experienced partners.
Likely not a fit for
Mercenary founders focused purely on financial returns without mission conviction. Founders unwilling to take long-term perspectives. Commoditized or marginal market opportunities. Teams lacking talent density or execution ability.
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~2 weeks
- Warm intro
- Not required
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Decision process
- Partnership vote
Partners & team
3 contacts on file
Portfolio
Astra is an automation platform that helps you put your finances on autopilot, saving you time while efficiently routing your money between accounts. It provides the infrastructure for moving money, making payments faster and more secure.
Charlie is a financial technology company, not a bank. It offers banking services through Sutton Bank and provides a Visa® Debit Card.
Aibidia is a Finnish fintech specializing in AI-powered transfer pricing management solutions for multinational corporations. The company aims to optimize global transfer pricing and tax compliance.
Canva is an online design tool launched in 2013, offering templates for various visual content and business solutions. It provides tools for branding, marketing, and collaboration.
Credo AI is a leader in AI governance, helping companies manage AI risks and compliance. The company focuses on responsible AI practices and offers a centralized, automated solution for AI lifecycle governance.
Databricks is a data and AI company headquartered in San Francisco, offering a Data Intelligence Platform that democratizes insights to everyone in an organization. It provides a unified foundation for all data and governance, combined with AI models tailored to organizational needs.
Edera provides secure isolation technology that prevents lateral movement and ensures data integrity, offering VM-level security with container-level performance. Their hardened runtime reduces the attack surface by 95% and is designed for secure workload isolation, particularly in federal markets.
Enveda Bio leverages evolutionary intelligence for drug discovery, utilizing a large foundation model called PRISM for analyzing small molecule mass spectra.
Fable Food Co specializes in plant-based mushroom products, focusing on sustainability and nutritious, eco-friendly foods.
Fig made the command line easier and more collaborative but has been discontinued and replaced by Amazon Q.
Flexport is a global logistics platform that coordinates supply chain operations, offering solutions for importers and exporters to manage their logistics from factory to customer door.
Formation Bio is a tech-driven pharmaceutical company focused on accelerating drug development. It aims to bring new treatments to patients faster through innovative technology, leveraging proprietary tools for clinical trial optimization.
Recent activity
- May 2026
Reactor
Series A · Participated
- May 2026
Origin Lab
Seed · Participated
- Apr 2026
Cognichip
Series A · Participated
- Mar 2026
Translucent
Series A · Participated
- Feb 2026
Onshore
Series B · Lead
- Feb 2026
Anterior
Series A · Co-Lead
- Feb 2026
Integrate
Series A · Lead
- Nov 2025
Aily Labs
Series B · Lead
FPV Ventures in the news
AlleyWatch
The Weekly Notable Startup Funding Report: 6/1/26
3 months ago
alleywatch.com
The Weekly Notable Startup Funding Report: 6/1/26
3 months ago
Forbes
Wesley Chan
3 months ago
marketplace.org
AI agents are supercharging productivity, and anxiety, in tech
4 months ago
alleywatch.com
The Weekly Notable Startup Funding Report: 2/16/26
6 months ago
Axios
Apptronik's $5.3b valuation, Loyal's canine longevity bet, and Toyota's reboot
6 months ago
VentureBeat
Railway secures $100 million to challenge AWS with AI-native cloud infrastructure
7 months ago
The American Bazaar
AI startup Viven raises $35 million to build digital twins; Khosla Ventures invests
10 months ago
TechCrunch
Eightfold co-founders raise $35M for Viven, an AI digital twin startup for querying unavailable co-workers
10 months ago
FinTech Global
Yendo raises $50m to expand its AI credit platform
11 months ago
Dallas Innovates
Cuban-Backed, Dallas-Based Yendo Raises $50M Series B To Fuel Its AI Credit Platform
11 months ago
Business Wire
Oath Surgical Raises $24M to Build the First Surgeon-Owned, AI-Powered Surgical System
11 months ago
Global Venturing
Zarowski leaves Schneider Electric’s investment unit for VC
11 months ago
Latham & Watkins LLP
Latham & Watkins Represents FPV Ventures in Raising New US$525 Million Fund
Apr 2025
Venture Capital Journal
FPV Ventures quickly raises $525m for sophomore fund
Apr 2025
Latham & Watkins LLP
Watkins Represents FPV Ventures in Raising New US$525 Million Fund
Apr 2025
Bloomberg.com
Canva-Backer FPV Ventures Raises New $525 Million Fund
Apr 2025
geekwire.com
Microsoft’s venture fund M12 leads $15M round for Seattle cloud infrastructure startup Edera
Feb 2025
TechCrunch
FPV Ventures, Mill, and Bullish will be onstage at Disrupt 2024
Oct 2024
Bloomberg.com
Watch FPV Ventures' Chan: Too Many People in AI
Jun 2024
TechCrunch
Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers
Jun 2024
Fortune
VC Wesley Chan—who founded Google Analytics—lays out how the coming A.I. battle will unfold
Feb 2023
Business Insider
FPV and Slow Ventures-Backed Payments Fintech Astra Raises $10 Million
Oct 2022
Latham & Watkins LLP
Watkins Advises FPV Ventures in US$450 Million Debut Fund Formation
Jun 2022
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