Necessary Ventures has 5 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.

About this page

It is a venture capital firm based in San Francisco, US. Its most recent investment on record is Forage's $40M Series B+ round in June 2026, alongside Long Journey Ventures, FJ Labs, Pivotal Corporation and 5 others. By category, its portfolio leans toward Robotics and hardware (2) and Logistics and mobility (2). It has co-invested with Eclipse, Nyca Partners and Balderton Capital, most often Eclipse (3 rounds).

About Necessary Ventures

What Necessary Ventures invests in

• Robotics and hardware · 2 · 40%
• Logistics and mobility · 2 · 40%
• Health and bio · 2 · 40%
• Stablecoins · 1 · 20%
• Fintech · 1 · 20%
• Commerce and retail · 1 · 20%
• Education · 1 · 20%
• Legal and compliance · 1 · 20%

Necessary Ventures recent investments

Company	Round	Date	Alongside
FForage	Series B+ · $40M	Jun 3, 2026	Long Journey Ventures, FJ Labs, Pivotal Corporation +5
WWayve	Series B+ · $60M	Apr 15, 2026	Qualcomm Ventures, Nvidia, Eclipse (lead) +8
BBrellium	Series A	Apr 17, 2025	Menlo Ventures, Left Lane Capital (lead), Demetri Karagas +6
UUnlearn	Series B+ · $50M	Feb 8, 2024	DCVC Bio, Wittington Ventures, Altimeter Capital (lead) +6
FForage	Series A · $22M	Aug 8, 2022	Apoorva Mehta, Nyca Partners (lead), Equal Opportunity Ventures +1
WWayve	Series B+ · $200M	Jan 18, 2022	Moore Strategic Ventures, Eclipse (lead), Rosemary Leith +7
UUnlearn	Series A · $12M	Apr 20, 2020	DCVC Bio, Castor Ventures, Alumni Ventures +3
WWayve	Series A · $20M	Nov 17, 2019	Firstminute Capital, Eclipse (lead), Pieter Abbeel +4

How Necessary Ventures invests

Necessary Ventures portfolio companies

• FForage$40MSeries B+ · Jun 2026
• WWayve$60MSeries B+ · Apr 2026
• BBrelliumSeries A · Apr 2025
• UUnlearn$50MSeries B+ · Feb 2024
• IInfinite Machinebacker

Most frequent co-investors

• EEclipse3 shared rounds · last Apr 15, 2026
• NNyca Partners2 shared rounds · last Jun 3, 2026
• BBalderton Capital2 shared rounds · last Apr 15, 2026
• MMubadala Capital Ventures2 shared rounds · last Feb 8, 2024
• 88VC2 shared rounds · last Feb 8, 2024
• DDCVC2 shared rounds · last Feb 8, 2024
• DDCVC Bio2 shared rounds · last Feb 8, 2024
• PPieter Abbeel2 shared rounds · last Jan 18, 2022
• FFJ Labs1 shared round · last Jun 3, 2026
• PPayPal Ventures1 shared round · last Jun 3, 2026
• LLong Journey Ventures1 shared round · last Jun 3, 2026
• MMouro Capital1 shared round · last Jun 3, 2026

Similar investors

• BBdc Thrive venture5 companies · 3 deals in 12 mo
• BBpifrance Digital Venture5 companies · 3 deals in 12 mo
• HHealthier Capital5 companies · 3 deals in 12 mo
• VVirginia Innovation Partnership Corporation5 companies · 3 deals in 12 mo
• AAdage Capital Management6 companies · 4 deals in 12 mo
• SSymBiosis6 companies · 4 deals in 12 mo

Investors whose portfolios on Recent Funding center on the same category (Robotics and hardware).

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 8 rounds on Recent Funding that name Necessary 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 Necessary Ventures, which is a subset of its real portfolio. API: /api/v1/investors/necessary-ventures (get a free API key). More: the most active VC firms and new venture capital funds.