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The Venture Codex

Pear VC

241 El Camino Real, Menlo Park, CA, 94025, US

Overview

Pear is an early-stage venture fund founded by Pejman Nozad and Mar Hershenson. Their co-founding managers have historically seeded very early stage tech start-ups such as Doordash, Guardant Health, Gusto, Viz.ai, Dropbox, Lending Club, Vanta, Zoosk, Addepar, Path and many others. Their motto is simple: they invest in exceptional founders who are building amazing companies. They utilize every resource they have to assist their founders and entrepreneurs shape the future.

Total investments
180
Lead investments
27
Investments · 12mo
43
Active investors
13

Sector focus

  • Education
  • Finance
  • Venture Capital
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Investment portfolio

  • Vals.ai

    Participated · Series A · Aug 2026

    Vals AI builds an AI evaluation platform that works with domain experts to convert real-world workflows into rigorous benchmarks and then creates automated grading systems to assess final work products to expert standards. The company positions its product around expert-designed evaluation and benchmarking rather than model training. As of the reported financing, Vals AI raised $40 million in a Series A at a $400 million valuation. Existing investors 8VC, Pear VC, and Bloomberg participated in the round alongside new backers Hudson River Trading and NextLadder Ventures, with Andreessen Horowitz leading. The articles do not report revenue, user counts, or specific go-to-market metrics, nor do they disclose explicit use-of-proceeds details.

  • Infinimmune

    Participated · Series A · Aug 2026

    Infinimmune uses its Anthrobody platform to screen millions of single memory B cells across hundreds of targets to identify naturally paired human antibodies, then applies its GLIMPSE antibody language models to guide optimisation for potency, specificity, half-life and developability. Its lead programmes are IFX-101, a monoclonal antibody targeting interleukin-22 described as a potential first-in-class candidate, and IFX-201, which targets interleukin-13 as a potential best-in-class option for atopic dermatitis. The company expects first-in-human studies for both programmes to begin in 2027 and is advancing additional antibody programmes derived from its human-first discovery approach. Financially, Infinimmune raised $75 million in a Series A co-led by Regeneron Ventures and Playground Global, and earlier support includes ongoing backing from Playground Global since founding. In March 2026 it entered a multi-target collaboration with Merck that includes up to about $838 million in upfront and potential milestone payments, which the company cites as validation of its platform and a potential commercial route.

  • Maximum

    Participated · Seed · Aug 2026

    Maximum builds an AI-native, real-time operating system intended to replace fragmented, legacy core banking infrastructure. The platform integrates AI at a foundational level and enables banks to build and deploy custom agents to automate complex operational workflows and gain real-time visibility into customer activity. Maximum also emphasizes enhanced security protocols to protect against emerging vulnerabilities and to help deliver innovative financial products. The company is led by CEO Randy Fernando and is based in Miami, FL. Financially, Maximum recently raised $30M in a Seed round to accelerate product development, expand engineering and operations teams, and support bank implementations.

  • Quadric

    Participated · Series C · Jul 2026

    Quadric develops the Chimera GPNPU, a fully programmable general-purpose AI inference processor architecture optimized for on-device AI/ML inference and classic DSP and control algorithms. The Chimera processors scale from 1 to over 3,200 TOPS in multi-chiplet configurations and support both convolutional and transformer-based models, including on-device LLM inference and emerging VLA world models. Quadric's software toolchain converts AI models into C++ and enables SoC teams to program in Python or C++, allowing models to be updated on shipped silicon. The company offers automotive-grade safety-enhanced versions of its architecture and emphasizes a software-updatable approach so the same silicon can run models published after the chip was designed. Quadric reported that product revenues more than tripled in the prior year and that it reached profitability. The company is headquartered in Burlingame, California.

  • Lantern

    Led · Seed · Jul 2026

    Lantern is focused on streamlining wholesale distribution, which its founders characterize as the central node of a $9 trillion supply-chain market. The company was founded by Matt Rojas and Conor Leen while they were students at Stanford GSB and later brought in Jayadeep Shitole as co-founder and CTO. Lantern conducted extensive customer discovery with wholesale distributors before launching and reportedly began operations in late fall. Since launch, investors have reported the company has been on an "incredible growth curve." Early support and workspace came from Pear VC, which led Lantern's pre-seed and participated in the seed round, with Primary Venture Partners leading the seed. The team emphasizes iterative product discovery and deep customer interviews as core to their approach.

Team