
Phoenix Venture Partners
1700 S El Camino Real Suite 355, San Mateo, CA, 94402, United States
Overview
Phoenix Venture Partners (PVP) is a venture capital firm that invests in and partners with entrepreneurs to commercialize breakthrough materials science innovations. PVP’s team has a track record of founding, building, and investing in successful materials science start-ups. The firm’s investment strategy is flexible and predicated on assisting entrepreneurs with customer and supply chain partnerships, business development, as well as strategic and operational support. PVP collaborates with a select set of forward-looking global corporations on business development and innovation interests. Phoenix Venture Partners was founded in 2010 and is based in Silicon Valley with satellite offices in Singapore and Cambridge, MA.
- Total investments
- 38
- Lead investments
- 14
- Investments · 12mo
- 5
- Active investors
- 8
Sector focus
- Advanced Materials
- Venture Capital
Investment portfolio
- Qolab
Participated · Series B · Jul 2026
Qolab develops a superconducting quantum computing platform aimed at utility-scale, fault-tolerant systems. The company combines physics and engineering expertise with strategic semiconductor partnerships to address manufacturing and scaling challenges. Qolab collaborates with Lawrence Berkeley National Laboratory through the Quantum Systems Accelerator and with researchers at UC Santa Barbara. The company is led by co-founder and CEO Alan Ho and co-founder and CTO Dr. John Martinis, who was awarded the 2025 Nobel Prize in Physics. Qolab is headquartered in Santa Barbara, California. Financially, Qolab recently completed a financing that brought total new funding and convertible conversions to $54.2 million to accelerate development and partnerships.
- GAGA
Led · Series A · Apr 2026
Founded in Saudi Arabia in 2021 by Abdullah Al-Khorasani and Eyad Alshabaan, GAGA delivers live, interactive online classes for students aged 4 to 18. The platform offers more than 1,000 programs across 200 subjects and leverages a vetted network of educators to facilitate active student participation. GAGA positions itself as an alternative to traditional private tutoring and non-interactive digital learning platforms by focusing on engagement and measurable outcomes. The company has raised a total of $4.2 million to date, including the $2.5 million pre-Series A led by Phoenix Venture Partners. Planned uses of the new capital include expanding the teacher network, enhancing the technology stack, scaling Arabic-language content across Saudi Arabia, and developing AI capabilities to personalize learning.
- Qodo
Participated · Series B · Mar 2026
Qodo builds AI agents that review, test and govern code by reasoning about how changes affect entire systems and factoring in organizational standards, historical context, and risk tolerance. The company emphasizes system-level verification rather than just focusing on diffs, positioning its technology to address trust and reliability gaps in AI-generated code. Qodo launched Qodo 2.0, a multi-agent code review system, and introduced tools that learn each organization’s definition of code quality. It ranked No. 1 on Martian’s Code Review Bench with a 64.3% score, outperforming competitors on tricky logic bugs and cross-file issues. The startup was founded in 2022 by Itamar Friedman and is headquartered in New York. Qodo counts customers such as NVIDIA, Walmart, Red Hat, Intuit, Texas Instruments, Monday.com, and JFrog.
- ODC
Participated · Series A · Mar 2026
Oran Development Company builds AI-Native Radio Access Network (AI‑RAN) technology and is the architect of the Odyssey RAN software platform. By integrating AI sensing and inference into the RAN, the company aims to enable telecommunications providers to generate new revenue streams and deliver mission‑critical capabilities across industrial, commercial and public sectors. The company is headquartered in New York City. It recently raised $45M in Series A financing from a group of strategic backers. Previous investors include Phoenix Venture Partners and Cerberus Capital Management, L.P. The company plans to use the proceeds to expand operations and continue development of its platform.
- Nanofiber Quantum Technologies
Led · Series A · Sep 2025
Nanofiber Quantum Technologies (NanoQT) is a quantum-hardware company focused on building nanofiber cavity-QED interconnects that seamlessly integrate with neutral-atom quantum processing units (QPUs). These ultra-low-loss interconnects are designed to enable scalable, modular, and networked quantum computers while remaining compatible with quantum communication infrastructure. The firm is headquartered in Palo Alto, California, and operates engineering and manufacturing sites in College Park, Maryland, and Tokyo, Japan. To date, NanoQT has benefited from more than US$20 million in government R&D grants across Japan and the United States, supporting its technical roadmap. With the new capital, the company plans to demonstrate a distributed quantum computing system that links QPUs over standard fiber, productize its interconnect technology, and scale its engineering and manufacturing capacity. Management is led by CEO and co-founder Masashi Hirose, Ph.D., who is steering a global commercialization strategy that leverages both U.S. and Japanese ecosystems.