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Future Positive

North America, California, United States, San Francisco

Description

Future Positive is a San Francisco-based venture capital firm dedicated to investing in companies that seamlessly integrate financial returns with a profound positive impact on the world. Co-founded by Fred Blackford and Alex McArtor, the firm operates with a core belief that the most successful businesses of the future will be those that address critical global challenges. Their investment thesis is sharply focused on three key sectors: climate, health, and education, seeking out innovative solutions that drive systemic change and foster a more sustainable and equitable future.

The firm primarily targets early-stage companies, typically engaging in Seed and Series A rounds, though they also participate in Series B investments. Future Positive's initial cheque sizes generally range from $1 million to $5 million, reflecting their commitment to providing substantial early capital to promising ventures. Beyond initial investments, they strategically reserve capital for follow-on rounds, demonstrating a long-term partnership approach with their portfolio companies as they scale and achieve their impact goals.

Future Positive has successfully raised significant capital to support its mission. Their inaugural fund closed at $30 million, establishing their presence in the impact investing landscape. Building on this foundation, the firm announced the closing of its second fund in July 2022, securing an impressive $125 million. This substantial capital base underscores their growing influence and capacity to back a diverse range of purpose-driven enterprises. Through their strategic investments, Future Positive aims to prove that financial success and societal benefit are not mutually exclusive but rather mutually reinforcing.

Investor Profile

Future Positive has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 17% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Chile, Mexico.
  • Strong thematic focus on Artificial Intelligence (AI), Alternative Protein, Food and Beverage.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (33%)
  • Series B (21%)
  • Series A (21%)
  • Series D (13%)
  • Pre Seed (4%)
  • Series C (4%)
  • Series Unknown (4%)

Country Focus

  • United States (63%)
  • Chile (13%)
  • Mexico (8%)
  • Pakistan (4%)
  • Argentina (4%)
  • United Kingdom (4%)
  • Brazil (4%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Alternative Protein
  • Food And Beverage
  • Food Processing
  • Software
  • Sustainability
  • Finance
  • Financial Services
  • Fintech
  • Enterprise Software
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Future Positive frequently co-invest with?

MCJ Collective
North America, Massachusetts, United States, Boston
Co-Investments: 3
L Catterton
North America, Connecticut, United States, Greenwich
Co-Investments: 3
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 2
Bezos Expeditions
North America, District of Columbia, United States, Washington
Co-Investments: 3
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
The Twenty Minute VC
Europe, England, United Kingdom, London
Co-Investments: 3
Worklife
North America, California, United States, San Francisco
Co-Investments: 3
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 2
Precursor Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Kaszek
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 5

Which angels does Future Positive often collaborate with?

TF
Europe, Ile-de-France, France, Paris
Shared Deals: 2
MK
North America, California, United States, San Francisco
Shared Deals: 2
Marcos Galperin
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 2
BS
North America, California, United States, San Francisco
Shared Deals: 4
KH
North America, California, United States, San Francisco
Shared Deals: 2
HS
Europe, England, United Kingdom, London
Shared Deals: 2
JM
North America, California, United States, San Francisco
Shared Deals: 2
JH
North America, California, United States, San Francisco
Shared Deals: 2
KS
North America, California, United States, San Francisco
Shared Deals: 2
MA
North America, United States
Shared Deals: 2

What are some of recent deals done by Future Positive?

Belvo

Mexico City, Distrito Federal, Mexico

Belvo is the open finance API platform that enables users to connect their accounts to an app.

BankingDeveloper APIsFinanceFinancial ServicesFinTech
Series UnknownApr 16, 2025
Amount Raised: $15,000,000
Heirloom

Brisbane, California, United States

Heirloom is a provider of direct air capture technology to enhance the natural process of CO2 absorption from the atmosphere.

Carbon CaptureMineralMining TechnologySustainability
Series BDec 4, 2024
Amount Raised: $150,000,000
Speak

San Francisco, California, United States

Speak is a mobile app that helps people learn new languages through AI-powered conversation.

Artificial Intelligence (AI)E-LearningSpeech Recognition
Series BJun 21, 2024
Amount Raised: $20,000,000
Vantage Discovery

San Francisco, California, United States

Vantage Discovery is a generative AI-powered SaaS search and content discovery platform that provides personalized shopping recommendations.

Artificial Intelligence (AI)Content DiscoveryPersonalizationSaaSSemantic Search
Series AJun 4, 2024
Amount Raised: $16,000,000
Redwood Materials

Carson City, Nevada, United States

Redwood Materials is a battery recycling startup that makes electric vehicles and sustainable materials for circular supply chains.

Advanced MaterialsBatteryElectric VehicleRenewable EnergySustainability
Series DAug 29, 2023
Amount Raised: $1,000,000,000
Vantage Discovery

San Francisco, California, United States

Vantage Discovery is a generative AI-powered SaaS search and content discovery platform that provides personalized shopping recommendations.

Artificial Intelligence (AI)Content DiscoveryPersonalizationSaaSSemantic Search
SeedJul 1, 2023
Amount Raised: $4,000,000
Rex

New York, New York, United States

Rex offers a mobile app that allows users to find, track, and recommend places.

Artificial Intelligence (AI)Computer VisionMobile AppsProductivity ToolsSoftware
SeedJun 12, 2023
Amount Raised: $3,960,000
NotCo

Santiago, Region Metropolitana, Chile

NotCo is a food tech company that uses artificial intelligence to create food from plants.

Alternative ProteinArtificial Intelligence (AI)Food and BeverageFood Processing
Series DDec 12, 2022
Amount Raised: $70,000,000
Verse

San Francisco, California, United States

Verse's AI-enabled software platform empowers companies to understand, plan, and manage clean energy.

Enterprise SoftwareRenewable Energy
SeedNov 1, 2022
Amount Raised: $5,750,000
Pachama

San Francisco, California, United States

Pachama harnesses AI and satellite data to empower companies to confidently invest in nature.

Artificial Intelligence (AI)CleanTechForestryMachine LearningMarketplace
Series BMay 5, 2022
Amount Raised: $55,000,000