Recent Funding
Investors
First Spark Ventures

First Spark Ventures portfolio

First Spark Ventures has 6 portfolio companies on record at Recent Funding, with 1 investment in the last 12 months.

Website: firstsparkventures.com.

Type: Venture capital.

Portfolio on Recent Funding: 6.

Deals, last 12 months: 1.

Rounds led: 1 of 3.

Capital in their rounds: $85.5M.

Latest deal: Unnatural Products · Mar 16, 2026.

About this page

It is a venture capital firm based in Menlo Park, US, founded in 2022. It led 1 of the 3 rounds it joined. Its most recent investment on record is Unnatural Products's $45M Series B+ round in March 2026, alongside Merck Global Health Innovation Fund, argenx, Droia Ventures and 2 others. By category, its portfolio leans toward AI agents (2) and Health and bio (1). It has co-invested with Merck Global Health Innovation Fund, The Venture Collective and ARTIS Ventures, most often Merck Global Health Innovation Fund (2 rounds).

About First Spark Ventures

Firm type: Venture capital.

Headquarters: Menlo Park, US.

Founded: 2022.

Stages: Pre-Seed, Seed, Series A.

Sectors: AI & Machine Learning, Biotech, Cybersecurity, Deep Tech, Digital Health, Energy, Hardware, Healthtech, Robotics.

Leads rounds: No.

Portfolio companies: 26.

Exits: 0.

Rounds led: 1.

What First Spark Ventures invests in

AI agents · 2 · 33%
Health and bio · 1 · 17%
AI infrastructure and compute · 1 · 17%
Robotics and hardware · 1 · 17%
Developer tools and cloud · 1 · 17%
Education · 1 · 17%

First Spark Ventures recent investments

Company	Round	Date	Alongside
UUnnatural Products	Series B+ · $45M	Mar 16, 2026	Merck Global Health Innovation Fund, argenx, Droia Ventures +2
UUnnatural Products	Series A · $32M	Dec 19, 2023	Merck Global Health Innovation Fund (lead), ARTIS Ventures (lead), The Venture Collective (lead) +4
NNormal Computing	Seed · $8.5M · lead	Jun 13, 2023	AngelList Quant Fund, Samsung Next, Celesta Capital (lead) +1

How First Spark Ventures invests

Stage	Deals	Capital in rounds
Series B+	1 33%	$45M
Seed	1 33%	$8.5M
Series A	1 33%	$32M

Year	Deals	Capital in rounds
2023	2 67%	$40.5M
2026	1 33%	$45M

First Spark Ventures portfolio companies

UUnnatural Products$45MSeries B+ · Mar 2026
NNormal Computing$8.5MSeed · Jun 2023
FFundamental Labsbacker
SSoloPulsebacker
RRadical Numericsbacker
FFundamental Research Labsbacker

Company	Round with First Spark Ventures	Total raised	Latest raise
UUnnatural Products Health and bio	Mar 16, 2026 Series B+ · $45M	$77M	Mar 16, 2026 Series B+
NNormal Computing AI infrastructure and compute	Jun 13, 2023 Seed · $8.5M · lead	$58.5M	Mar 25, 2026 Series B+
FFundamental Labs AI agents	backer · source	$33M	Aug 1, 2025 Series A
SSoloPulse	backer	$7M	Sep 29, 2026 Seed
RRadical Numerics	backer	$50M	Jun 15, 2026 Seed
FFundamental Research Labs AI agents	backer	$33M	Aug 7, 2025 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (AI agents).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 3 rounds on Recent Funding that name First Spark Ventures. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists First Spark Ventures, which is a subset of its real portfolio. API: /api/v1/investors/first-spark-ventures (get a free API key). More: the most active VC firms and new venture capital funds.