Hemi Ventures

Hemi Ventures is a Palo Alto-based venture capital firm established in 2016 by Amy Gu, focusing on early-stage investments in groundbreaking technology companies. The firm primarily targets sectors at the forefront of innovation, including artificial intelligence, autonomous systems, robotics, and deep technology, with a notable interest in biotech applications. Hemi Ventures positions itself as a partner to founders developing transformative solutions, leveraging its expertise to support companies from their foundational stages through significant growth milestones.

The firm manages substantial capital, having successfully raised two funds, each totaling $100 million. This brings their total assets under management to approximately $200 million, dedicated to backing promising startups. Hemi Ventures typically deploys initial checks ranging from $1 million to $5 million, primarily targeting Seed and Series A rounds. This strategic allocation allows them to provide crucial early capital while maintaining flexibility for follow-on investments as their portfolio companies mature and require additional funding. Their investment philosophy emphasizes long-term partnerships and a hands-on approach to fostering innovation.

With a portfolio boasting over 50 investments, Hemi Ventures has demonstrated a consistent commitment to its core investment themes. Notable companies in their portfolio include leaders in autonomous driving like Plus and Pony.ai, as well as innovative biotech firms such as Recursion Pharmaceuticals and Vicarious Surgical. The firm's strategic focus on deep tech and frontier technologies reflects its belief in the long-term disruptive potential of these sectors. Hemi Ventures aims to identify and nurture companies that are not just building new products, but fundamentally reshaping industries and creating new markets.