Seed to Series A stage venture capital firm founded by @luzhangvc. We invest in early-stage startups with revolutionary technologies.

Palo Alto, CA
Our portco @memories_ai is expanding its partnership with @Qualcomm to bring personal AI to @Snapdragon-powered phones, PCs and smart glasses. On-device memory can help devices remember context while keeping personal data off the cloud. #SnapdragonSummit #DataPrivacy #PersonalAI
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Congrats to our portco @usebirdie on earning two awards at @Conarec 2026 and being named one of the Top 10 cases of the year in Inner & Outer Loop Governance. The recognition reflects Birdie’s work to help companies better understand and improve #CustomerExperience. #CONAREC2026
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In addition, @youdotcom is partnering with @coinbase to show what happens when AI can move from research to action. The new agent reviews financial news, pulls deeper data as needed, & trades based on what it finds. It’s a practical look at where agentic AI is heading. #FinTech
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Our portco @youdotcom just launched Knowledge, giving developers access to real-time, licensed data through its search API. For AI agents, getting the right number matters. Knowledge improved answer accuracy from 64.5% to 84.2% in testing, with little added latency. #AgenticAI
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Open-weight AI is narrowing the gap with closed models, giving companies more control over their data and how AI is deployed. @xia_char explores what comes next and where new opportunities are emerging across AI infrastructure. #OpenWeightAI #EnterpriseAI charlottexia.substack.com/p/…
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Fusion Fund retweeted
Robot risk – nobody had ever put real numbers on that. So we did. Today we're publishing IN BOTS WE TRUST 2026 — the first report on Physical AI risk built from money that actually changed hands: five years of insurance quotes, policies, claims and underwriting decisions across 392 U.S. robotics companies. What five years of underwriting robots says: 🏅 Robots are a top-1% insurance risk. Every policy year, the program's loss ratio beat the best of the 25 largest U.S. P&C insurers. 💵 The biggest losses came from systems, not individual robots. Cyber fraud against robotics companies accounts for 34% of loss dollars. Robots hurting the public: 12%. ⬇️ Trust got cheaper. The price of robot liability per dollar of revenue fell 69% in three years. ⬆️ Capacity grew 7x. $572M of liability capacity deployed for Physical AI in 2025. 🤖 Safety already pays, and almost nobody shows it. Companies that prove their controls pay 25–65% less. Robots get deployed where they are trusted. For the first time, that trust has a price, a trend and a map. Get a free copy today. Link in the comments!
Made with AI
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What happens when AI keeps learning after deployment? Join us Oct. 5, 6–9 PM, as we host an evening on #ContinualLearning with @Sierra_Ventures. RSVP to join leading #AI builders, researchers, & investors. Thanks @SiliconVlyBank for making it possible! 🔗: partiful.com/e/M451cLAPnXY0U…
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Big milestone for @MollyminHe, CEO & Co-Founder of @ElemBio, who was named 2026 Top Tech of the Year by @TopTechExecs! ElemBio is advancing #DNAsequencing with a focus on cost & performance, helping researchers generate more #Genomic data to better understand disease. #Biotech
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Congrats to our portcos @constructor_io & Birdie on their @G2dotcom Fall 2026 recognition. These highlight how both companies are helping businesses turn #CustomerData into better decisions, while earning strong reviews from the teams using their platforms. #Ecommerce @EliFinkel
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Our portco CVector benchmarked models from @OpenAI, @AnthropicAI, and Qwen on @cerebras on real industrial tasks, with GPT-5.4 achieving a 96.8% pass rate. The results show why accuracy, speed and cost all matter in real-world AI deployment. #IndustrialAI cvector.com/resources/benchm…
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Congrats to our portco @SubtleMedical on being named to @TIME’s World’s Top HealthTech Companies 2026 for the second year in a row. This reflects Subtle Medical’s work to make #MedicalImaging faster and more efficient with #AI. Congrats @gongenhao, Ohad Arazi, & team! #Radiology
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Congrats to @MissionBio on launching Tapestri® Triomics, bringing #DNA, #RNA, and protein data together in one workflow. For cancer researchers, this can provide a clearer picture of how genetic changes affect individual cells and help guide new therapies. #Multiomics #Biotech
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Our portco @altislabs raised $25M in #SeriesA funding to bring #AI endpoints into #OncologyTrials. Its flagship model, #IPRO, uses routine scans to predict survival and detect treatment effects earlier, helping drug developers learn what works sooner. Congrats @FelixBL92 & team!
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Our portco @GrubMarket is bringing #VerticalAI into produce pricing with its new USDA Pricing AI Analyst. It helps distributors compare USDA market prices with their own data and allows them to price smarter and protect #SupplyChain margins. Congrats to Mike Xu and team!
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Our portco @Proscia is expanding its partnership with @unilabs across Europe, bringing #DigitalPathology to more labs and pathologists. The expansion gives clinicians access to #DigitalTools for reviewing cases across Unilabs’ network. Congrats @davidwest_irl & the Proscia team!
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Our portco @paradromics’ Connexus #BCI achieved its first speech milestone, enabling a participant with a progressive motor neuron disease to communicate using her neural activity in real time, opening new possibilities for #SpeechRestoration. Congrats @Matt_R_Angle & team!
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Congrats to our portco @ThernaBio on winning the 2026 @ChiesiGroup FAST Discovery Award, recognizing its work developing programmable #RNA medicines to address rare diseases. We're proud to see Therna’s approach recognized by @CALifeSciences. #LifeSciences #DrugDevelopment
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Last week, we hosted our Q3 CXO Webinar on governing #Autonomy from the factory floor to orbit. The discussion focused on what enterprises need before #PhysicalAI can safely scale, from clear accountability and risk controls to focused pilots & trusted infrastructure.
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Thanks to our CXO panelists led by Shane Wall: Prakash Bedapudi(Lennox) & Ed Fox(@OneMetTel), and to our Portfolio panelists led by @luzhangvc: @a__mousavian(Reflection Robotics), Josiah Gruber(@SCOUTdotspace), Kirsty Lloyd-Jukes(Stateful Robotics), & Roger Levinson(@BlumindInc).
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Congrats to our portco @Portal26ai on launching Recon, which gives companies a clearer view of how AI is being used across their organization. It helps teams spot risks, manage AI use and see whether these tools are delivering value. #EnterpriseAI #AIGovernance #Cybersecurity
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