Fusion Fund

Palo Alto, United States · VC · DeepTech Specialist

About

Fusion Fund was founded in 2015 by Lu Zhang and is now in its tenth year, with Fund IV at $190m closed oversubscribed in under six months. Total AUM exceeds $500m. The Palo Alto firm backs technical founders in healthcare, enterprise AI and industrial technology and automation, investing pre-seed through Series A across the US and Canada. The 104-company portfolio includes three unicorns and generates $2.5bn-plus in collective revenue. Holdings include Paradromics, Element Biosciences, Proscia and EdgeQ.

Industries

Stage focus

Pre-SeedSeed

Geography

US

Notable investments

  • Paradromics
  • Element Biosciences
  • Proscia
  • EdgeQ
  • GrubMarket
  • Bodo.ai
  • You.com

Raising from Fusion Fund?

I've worked with founders across the industrial stack. If Fusion Fund is on your list, I can help you map the introduction path, sharpen the narrative, and run a tight process.

Talk to Dan