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The Venture Codex

MVP Ventures

1300 El Camino Real, Suite 100, Menlo Park, CA, 94025, United States

Overview

MVP Ventures was founded in 2020 with the realization that a rethought model for venture investing could unlock significantly greater returns. With the help of its proprietary data-driven sourcing engine and value-add focus, the firm invests as the 2nd-largest check into early-stage deep tech teams building differentiated and defensible technology across software and hardware — with no ownership restrictions.

Total investments
61
Lead investments
2
Investments · 12mo
18
Active investors
2

Sector focus

  • Business Development
  • Finance
  • Financial Services
  • FinTech
  • Venture Capital
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Investment portfolio

  • Also

    Participated · Series D · Aug 2026

    Also was launched as an independent company by Rivian in early 2025, transferring key engineers and Rivian’s electric skateboard platform technology to the new venture. The company is focused on autonomous last-mile delivery and pursuing commercial partnerships with customers such as DoorDash. With the latest $200 million investment led by DoorDash and Greenoaks Capital, Also’s total funding has surpassed $500 million. The spinoff structure was intended to let Rivian concentrate on consumer vehicles while allowing Also to develop and commercialize delivery robotics independently. The strategic backing from DoorDash positions Also to pilot and scale deployments aimed at reducing delivery labor costs, though the article does not disclose revenue or user metrics.

  • Wispr AI

    Participated · Series B · Aug 2026

    Wispr AI is building voice-first foundation models to power Flow, a voice-to-text operating system layer that cleans filler words, structures thoughts and produces ready-to-use text in more than 25,000 apps and websites. The product’s accuracy is such that 90 % of spoken words require no edits, and after six months the average user writes 72 % of their characters with Flow, nearly halving daily typing time. The company reports 40 % month-over-month growth in both users and annual recurring revenue, and serves hundreds of thousands of users. Wispr envisions voice becoming the dominant interface and plans to expand Flow’s capabilities while hiring aggressively across engineering and product. A global partnership with “The Diary of a CEO” podcast will showcase the technology to an audience of over 35 million subscribers. Headquartered in San Francisco, the company has raised a total of $81 million from investors such as Notable Capital, Flight Fund, AIX Ventures, Menlo Ventures, NEA and 8VC. These funds will be used to scale its voice-native computing system worldwide.

  • Heaviside Industries

    Participated · Series B · Aug 2026

    Heaviside Industries develops multi-domain autonomous precision munitions for air, land and sea platforms. Founded in 2024, the company operated in stealth for more than two years before emerging with its Series A. Heaviside has a team of over 50 engineers and operators and maintains offices in Los Angeles and Oslo. It has a roster of U.S. and allied customers and is led by CEO Phillip Walker. The company plans initial deployments of aerial and underwater munitions platforms. Financially, Heaviside announced a $28M Series A led by Interlagos to accelerate development, production and delivery of its systems.

  • Lumilens

    Participated · Series C · Aug 2026

    Lumilens develops photonic connectivity solutions intended to connect thousands or hundreds of thousands of GPUs so they can operate as a single system, addressing the limits of copper-based scale-out networks. The team moved from founding to defining, qualifying and shipping its first product within about two years, and that product is deployed in a hyperscaler’s production AI data centers under a multi-billion-dollar agreement. Lumilens emerged from stealth concurrent with its announced raise of more than $900 million from a syndicate of venture and institutional investors. Management says the funding will support building out infrastructure and developing additional products on its roadmap. The company positions itself at the intersection of optics and AI infrastructure to overcome physical constraints on GPU-scale networking.

  • Osmo Studio

    Participated · Seed · Aug 2026

    Osmo Studio builds an end-to-end editable video platform that generates animation as editable code, with control over timeline, layers, vectors, motion, and brand rules. The product accepts inputs such as Figma files, pasted frontend code, or reference videos and produces animations that teams can edit programmatically. Osmo originated as a software and film studio and, in the seven months before launch, the team produced over 50 films and commercials for clients including Cognition, Parallel Web Systems, and Physical Intelligence. Early customers and teams at companies like Webflow, Resend, Rho, and Gumloop are already using the platform to ship work. The company publicly launched alongside its seed raise and disclosed a $5 million seed financing led by Bain Capital Ventures. The founders highlighted in the launch are Chris He, Oleksandr Shevenionov, Will Hoppin, and Basil Alfaro.

Team

  • Andre de Baubigny

    Founder and Managing Partner

    LinkedIn
  • Weston Moyer

    Founder and Managing Partner

    LinkedIn