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Future Ventures

North America, California, United States, San Francisco

Description

Future Ventures is a San Francisco-based venture capital firm co-founded by renowned investor Steve Jurvetson and Maryanna Saenko, established with a distinct focus on backing companies at the forefront of deep technology and scientific innovation. The firm distinguishes itself by investing in disruptive technologies that often require significant capital and have long development cycles, embracing the inherent risks for the potential of profound societal and economic transformation. Their investment philosophy centers on identifying and supporting visionary founders who are tackling fundamental challenges in areas poised for exponential growth.

The firm's investment thesis spans a broad spectrum of cutting-edge sectors, including artificial intelligence, robotics, space exploration, synthetic biology, advanced materials, and next-generation computing. Future Ventures seeks out companies that are developing foundational technologies rather than incremental improvements, aiming to be early partners in ventures that could redefine industries or create entirely new ones. This commitment to pioneering deep tech means they are often among the first institutional investors in companies with ambitious, long-term roadmaps and high technical barriers to entry.

Future Ventures typically engages with companies at their early stages, from Seed to Series B, providing patient capital and strategic guidance. The firm launched its first fund, Future Ventures Fund I, LP, with $200 million, followed by a second fund of similar size, bringing their total capital under management to at least $400 million. For initial investments, Future Ventures commonly writes checks ranging from $5 million to $20 million, reflecting their commitment to providing substantial early-stage capital for capital-intensive deep tech ventures. Their approach emphasizes high-conviction bets on a concentrated portfolio, often taking board seats to actively support portfolio companies through their growth trajectories.

Investor Profile

Future Ventures has backed more than 53 startups, with 7 new investments in the last 12 months alone. The firm has led 17 rounds, about 32% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Estonia, China.
  • Strong thematic focus on Biotechnology, Software, Artificial Intelligence (AI).
  • Led 1 rounds in the past year.
  • Typical check size: $5M – $20M.

Stage Focus

  • Series A (43%)
  • Seed (21%)
  • Series B (19%)
  • Series Unknown (9%)
  • Series C (4%)
  • Convertible Note (2%)
  • Pre Seed (2%)

Country Focus

  • United States (91%)
  • Estonia (4%)
  • China (2%)
  • Canada (2%)
  • Germany (2%)

Industry Focus

  • Biotechnology
  • Software
  • Artificial Intelligence (Ai)
  • Life Science
  • Biopharma
  • Medical
  • Health Care
  • Therapeutics
  • Machine Learning
  • Genetics
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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 Ventures frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 4
Korify Capital
Europe, Sicilia, Italy, Santa Venerina
Co-Investments: 5
FJ Labs
North America, New York, United States, New York
Co-Investments: 4
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Infinitas Capital
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 4
AME Cloud Ventures
North America, California, United States, Palo Alto
Co-Investments: 5
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Lux Capital
North America, New York, United States, New York
Co-Investments: 4
Apeiron Investment Group
Europe, NA - Malta, Malta, Sliema
Co-Investments: 5
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 7

Which angels does Future Ventures often collaborate with?

MM
North America, Texas, United States, Houston
Shared Deals: 1
SJ
North America, California, United States, San Francisco
Shared Deals: 2
RN
North America, New York, United States, New York
Shared Deals: 2
JR
North America, California, United States, San Francisco
Shared Deals: 1
BF
North America, Maryland, United States
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 2
JL
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
RJ
North America, United States
Shared Deals: 1

What are some of recent deals done by Future Ventures?

Centivax

South San Francisco, California, United States

Centivax is a biotechnology company that develops vaccines and therapeutic antibodies targeting infectious diseases and venomous threats.

BiotechnologyHealth CareHealth DiagnosticsMedicalTherapeutics
Series AJul 8, 2025
Amount Raised: $45,000,000
Xona Space Systems

Burlingame, California, United States

Xona Space builds a LEO satellite network delivering precision GPS alternatives for autonomous systems and critical apps.

AerospaceGPSInformation ServicesNavigationSatellite CommunicationSoftware
Series BJun 26, 2025
Amount Raised: $92,000,000
Sanmai

Los Altos, California, United States

Sanmai is a neurotechnology company developing non-invasive ultrasound neurotherapeutics for mental health and neurological disorders

Medical DeviceNeuroscienceTherapeutics
Series AJun 23, 2025
Amount Raised: $12,000,000
Glass Imaging

Los Altos, California, United States

Revolutionary photography technology

Consumer ElectronicsConsumer GoodsFast-Moving Consumer GoodsPhotography
Series AMay 12, 2025
Amount Raised: $20,000,000
Decibel Bio

Berkeley, California, United States

Decibel Bio operates as a plant biotechnology company.

AgricultureBiotechnologyIndustrial Engineering
Series UnknownMar 5, 2025
Amount Raised: $12,000,000
Molten Salt Solutions

Santa Fe, New Mexico, United States

Molten Salt Solutions develops a technology platform to commercialize molten salt synthesis and purification technology.

Advanced MaterialsBiotechnologyChemicalCommercial
SeedOct 24, 2024
Amount Raised: $3,000,000
Hephae Energy Technology

Spring, Texas, United States

Hephae Energy Technology is an energy company that offers integrated drilling system to enable the generation of geothermal energy.

EnergyMiningOil and Gas
Series UnknownOct 3, 2024
Amount Raised: $6,345,377
Vironexis Biotherapeutics

California, Kentucky, United States

Vironexis has the potential to transform immunotherapy and the way cancer is treated in the future.

BiopharmaBiotechnology
SeedSep 12, 2024
Amount Raised: $26,000,000
Gameto

New York, New York, United States

Gameto is a biotechnology company developing therapeutics of the female reproductive system using cell engineering.

BiopharmaBiotechnologyGeneticsLife Science
Series BMay 29, 2024
Amount Raised: $33,000,000
Earthshot Labs

Mill Valley, California, United States

Earthshot Labs is a LandOS platform provides state of the art AI ecological forecasting.

Artificial Intelligence (AI)CleanTechData VisualizationMachine LearningSoftware
Series AMay 10, 2024
Amount Raised: $5,500,000