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First Spark Ventures

1933 Arroyo Ave, San Carlos, CA, 94070, United States

Overview

Deep tech venture capital firm investing in global scientific innovations.

Founded

2021

Deals ยท 12mo

4

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Germany
Sweden
United States

Sector focus

Financial Services
FinTech
Information Technology
Venture Capital

Investment portfolio

20rounds
NAMEDATESIZE
Radical Numerics
Jun 2026Participated
$50 MSeed
Normal Computing
Mar 2026Participated
$50 MOther Equity
Unnatural Products
Mar 2026Participated
$45 MSeries B
Curve Biosciences
Oct 2025Participated
$40 MSeries A
Oath Surgical
May 2025Participated
$10 MSeed
Vitara Biomedical
Nov 2024Participated
$50 MSeries B
Tidal Metals
Sep 2024Participated
$9 MSeed
Altera
May 2024Led
$9 MSeed
Flower
Feb 2024Participated
$20 MSeries A
Flower Labs
Feb 2024Participated
$20 MSeries A
Unnatural Products
Dec 2023Participated
$32 MSeries A
Zephr
Nov 2023Led
$4 MSeed
Radical Numerics
Jun 2026Participated
$50 MSeed
Normal Computing
Mar 2026Participated
$50 MOther Equity
Unnatural Products
Mar 2026Participated
$45 MSeries B
Curve Biosciences
Oct 2025Participated
$40 MSeries A
Oath Surgical
May 2025Participated
$10 MSeed
Vitara Biomedical
Nov 2024Participated
$50 MSeries B
Tidal Metals
Sep 2024Participated
$9 MSeed
Altera
May 2024Led
$9 MSeed
Flower
Feb 2024Participated
$20 MSeries A
Flower Labs
Feb 2024Participated
$20 MSeries A
Unnatural Products
Dec 2023Participated
$32 MSeries A
Zephr
Nov 2023Led
$4 MSeed
20
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Insights

Time horizon

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Deal Distribution

First Spark Ventures: 20 funding rounds are recorded in the selected participation categories.All available history.
First Spark Ventures: 20 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed45
Series A24
Series B03
Other Equity02

Monthly Deal Activity

First Spark Ventures: 20 deals are recorded across 58 months.All available history.
First Spark Ventures: 20 deals are recorded across 58 months. All available history
MonthDeals
Jan '221
Feb '221
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '233
Sep '230
Oct '231
Nov '231
Dec '231
Jan '240
Feb '242
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '262
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

First Spark Ventures: Health & Life Sciences is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

First Spark Ventures: Health & Life Sciences is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Health & Life Sciences10
AI & Machine Learning10
Clean Energy & Sustainability4
Enterprise Software2
Space & Frontier Tech2
Networks, Cloud & Communication1
Fintech1
Manufacturing1
Food & Agriculture1
AR/VR1
Professional Services1
Developer Tools1

Deal Size Distribution

First Spark Ventures: 20 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

First Spark Ventures: 20 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M5
$10M-$25M3
$25M-$50M5
$50M-$100M5
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

First Spark Ventures: United States has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

First Spark Ventures: United States has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
United States16
Europe4
First Spark Ventures: 20 co-investors are shown, with Betaworks sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

First Spark Ventures: 20 co-investors are shown, with Betaworks sharing 3 recorded deals. All available history
Co-investorShared deals
Betaworks3
Factorial Capital3
Pioneer Fund3
ARTIS Ventures2
Berkeley Catalyst Fund2
Celesta Capital2
Felicis Ventures2
Merck2
Micron Ventures2
Mozilla Ventures2
The Venture Collective2
Y Combinator2
Anglo American1
ArcTern Ventures1
argenx1
At One Ventures1
Bidra Innovation Ventures1
Black Opal Ventures1
Brevan Howard1
Civilization Ventures1

Investment Strategy

First Spark Ventures: Led accounts for 30% and participating for 70% of round participation.All available history.
First Spark Ventures: Led accounts for 30% and participating for 70% of round participation. All available history
CategoryDeals (count)Share (%)
Led630%
Participating1470%
First Spark Ventures: Single-lead accounts for 17% and co-led for 83% of lead dynamics.All available history.
First Spark Ventures: Single-lead accounts for 17% and co-led for 83% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead117%
Co-led583%

Team

Peter Richards

Founding Partner