Fusion Fund
Est. dry powder
$161.1M
Raised, not yet invested
AUM
$500M
Assets under management
Latest fund
$85M
Fusion Fund II
Est. cheque size
$680K–
From fund sizes
Deals, last 12 months
12
Last seen investing Sep 2026
About Fusion Fund
Fusion Fund is a venture capital firm based in Palo Alto, California. The firm prefers to invest in pre-seed, seed, and series A companies operating in industrial automation, enterprise technologies, artificial intelligence, data science, cybersecurity, medical, and healthcare technologies sectors based in the United States and Canada.
- Type
- Venture Capital Firm
- Headquarters
- Palo Alto, California, US
- Stages
- SeedSeries ASeries BSeries CEarly Stage
- Est. cheque size
- $680K–$6.9M
- Sectors
- Information Technology
- Regions
- North America
- Strategies
- Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Seed66
- Series A33
- Series B7
- Series C3
Across 120 deals
Portfolio sectors
- Software39
- Internet7
- Medical Devices & Equipment7
- Biotechnology6
- IT Security/Cybersecurity6
Across 88 companies
Portfolio countries
- US78
- Canada5
- Israel3
- Norway1
- UK1
Across 88 companies
Recent investments
Newest 5 of 120
- Series A$25M
Altis Labs, Inc.
Sep 2026 · Series A
- Series A$28.3M
Palona AI
Jul 2026 · Series A
- Series C$20.8M
Subtle Medical, Inc.
Jun 2026 · Series C
- Series A$11M
Scout Space, Inc.
Apr 2026 · Series A
- Series A$200M
Eridu Corporation
Mar 2026 · Series A
Offices
2 locations
- Palo Alto, California, USHQ
- Palo Alto, California, US
Questions about Fusion Fund
How much does Fusion Fund invest per deal?
Based on the size of its funds, Fusion Fund writes estimated cheques of $680K–$6.9M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Fusion Fund invest in?
Fusion Fund has invested at Seed, Series A, Series B, Series C and Early Stage. Its most frequent rounds on record are Seed, Series A and Series B.
How much capital does Fusion Fund have left to invest?
Fusion Fund has an estimated $161.1M in dry powder: capital it has raised but not yet invested.