Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
ACVC Partners is a deep tech venture fund founded in Silicon Valley, California. Established to focus on early investments in transformative technologies, the firm collaborates with industry leaders to enhance the growth and success of its portfolio companies. ACVC Partners operates with a unique LP model, where limited partners provide not only capital but also valuable sector-specific insights and connections.
Currently, ACVC manages a portfolio of 9 active companies, with a total of 15 investments made. The firm primarily invests at the pre-seed, seed, seed-plus, and Series A stages, concentrating on sectors such as artificial intelligence, biotech, healthcare, frontier technologies, and industrials. Their headquarters is located in Palo Alto, California, and they maintain a strong focus on North America.
Notable milestones include successful exits such as DarwinAI, acquired by Apple, and Oculii, acquired by Ambarella. These achievements underscore ACVC's commitment to driving innovation and efficiency across various industries.
ACVC Partners invests in sectors undergoing significant transformation, including artificial intelligence, tech-enabled life sciences, and new industrial technologies. The firm targets advancements that redefine technology interactions across industries such as healthcare, finance, and manufacturing. Their investment strategy emphasizes the transformation of traditional business models through AI and next-generation computing.
Investment stages include pre-seed, seed, seed-plus, and Series A, with check sizes typically averaging around $34 million. ACVC's geographic focus is primarily on North America, although they also consider global opportunities. The firm seeks deep tech companies with world-class teams that are driving fundamental industry shifts through rigorous research and scalable development.
ACVC's thesis is built on three pillars: AI and automation, life sciences, and new industrials. They are particularly interested in companies that improve efficiency in transportation, energy, and manufacturing, as well as those that accelerate drug discovery and diagnostics in healthcare.
ACVC Partners has a diverse portfolio of 9 notable companies, each contributing to advancements in their respective fields:
These companies represent ACVC's commitment to investing in transformative technologies that drive efficiency and innovation across various sectors.
HoChan Lee: Partner at ACVC Partners, HoChan has extensive experience in venture capital and deep tech investments. He has a background in engineering and has worked with several successful startups.
Joon Lee: Partner at ACVC Partners, Joon specializes in AI and life sciences investments. He has a strong track record of identifying high-potential startups and guiding them through early-stage growth.
Mustafiz Choudhury: Partner at ACVC Partners, Mustafiz brings expertise in industrial technologies and has been instrumental in several successful exits.
Eun Jung Choi: Partner and CFO at ACVC Partners, Eun Jung has a background in finance and operations, ensuring the firm’s financial health and strategic investments.
Michael Hwang: Advisor at ACVC Partners, Michael provides strategic insights and guidance based on his extensive experience in the tech industry.
Dave Rosenberg: Venture Partner at ACVC Partners, Dave has a strong background in entrepreneurship and venture capital, helping to drive the firm’s investment strategy.
To pitch ACVC Partners, founders should visit their website at acvc.partners. It is advisable to include a comprehensive deck that outlines the business model, technology, market opportunity, and team qualifications. ACVC prefers pitches that are concise yet informative, highlighting key differentiators and potential for growth.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are encouraged, as they can facilitate a more favorable review process.
In 2024, ACVC Partners achieved a notable exit with the acquisition of DarwinAI by Apple, validating their investment thesis in AI technologies. Additionally, Oculii was acquired by Ambarella in 2021, further showcasing the firm's successful track record in deep tech investments.
ACVC Partners continues to actively invest in innovative companies, focusing on sectors such as AI, biotech, and industrial technologies. Their recent investments reflect a commitment to supporting transformative technologies that redefine traditional business models.
What are ACVC Partners' investment criteria?
ACVC Partners focuses on deep tech companies in sectors such as artificial intelligence, biotech, and new industrial technologies. They invest at pre-seed, seed, seed-plus, and Series A stages, seeking companies with world-class teams and scalable development potential.
How can I apply or pitch to ACVC Partners?
Founders can pitch their ideas through the ACVC Partners website at acvc.partners. It is recommended to include a detailed business plan and information on the team and technology.
What makes ACVC Partners different from other venture capital firms?
ACVC Partners differentiates itself through its unique LP model, where industry leaders provide not just capital but also valuable insights and connections that help portfolio companies navigate challenges and secure partnerships.
What is the geographic scope of ACVC Partners' investments?
ACVC Partners primarily focuses on North America but is open to global opportunities that align with their investment thesis.
What is the average check size for investments?
The average round size for investments made by ACVC Partners is approximately $34 million.
What kind of post-investment involvement does ACVC Partners have?
ACVC Partners actively supports its portfolio companies by providing sector-specific insights, helping refine product designs, and facilitating connections in industry and academia.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.