# Dolby Family Ventures

Dolby Family Ventures is a Family Office based in San Francisco, United States.

## Overview

- **Organization type:** Family Office
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2014
- **Assets under management:** 196 (Altss estimate)
- **Website:** dolbyventures.com
- **LinkedIn:** https://www.linkedin.com/company/dolbyventures

## Regulatory record

- **CRD number:** 313994
- **SEC file number:** 802-122066
- **Registration status:** ACTIVE
- **Latest Form ADV filing:** 2026-03-20T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/313994

## About

Dolby Family Ventures was established in 2014 by David Dolby. The office manages capital originating from Ray Dolby’s founding of Dolby Laboratories. Dagmar Dolby serves as president of the associated Ray and Dagmar Dolby Family Fund. The strategy centers on pre-seed through Series A investments in precision neuroscience, life sciences platforms, climate technology and aerospace. Asset classes include direct co-investments, SPVs, fund-of-funds commitments and mission-related vehicles. Confirmed holdings include Motif Neurotech, Montara Therapeutics, Therini Bio, Ursa Major Technologies and Twelve. Activity spans North America and Europe. The office maintains no disclosed headcount beyond the four named managing directors. It operates from San Francisco with no additional offices listed. The Ray and Dagmar Dolby Family Fund functions as the primary philanthropic vehicle. April 2026: Motif Neurotech received FDA approval to begin its first clinical trial of a therapeutic BCI for treatment-resistant depression. The firm’s structure separates investment activity from Dolby Laboratories entirely. Capital allocation decisions rest with the named managing directors rather than external managers or multi-family platforms. This single-family mandate allows direct, long-duration partnerships with founders in technically complex domains.

## Sectors

- Digital Health
- Healthcare Services
- ClimateTech
- SpaceTech
- Circular Economy
- Media & Entertainment
- Robotics & Automation
- Energy Transition & Renewables
- AgriTech & FoodTech
- Industrial Tech

## People

- David Dolby — Founder and Managing Director
- Dagmar Dolby — President of the Ray and Dagmar Dolby Family Fund
- Pascal Levensohn — Managing Director
- Andrew Krowne — Managing Director

## Questions

### Who runs investment decisions at Dolby Family Ventures?

David Dolby, Pascal Levensohn and Andrew Krowne serve as managing directors and lead investment decisions. Dagmar Dolby oversees the associated family fund.

### How does Dolby Family Ventures source proprietary deal flow?

The team leverages direct founder relationships and technical networks in neuroscience and materials science. Portfolio companies cite introductions to co-investors and domain experts as key contributions.

### Does Dolby Family Ventures participate in fund commitments or only direct deals?

The office executes direct co-investments and SPVs as primary vehicles. It also maintains limited fund-of-funds exposure.

### What investment stages does Dolby Family Ventures typically target?

First checks occur at pre-seed, seed and Series A. Later-stage participation occurs only on a case-by-case basis.

### Is Dolby Family Ventures affiliated with Dolby Laboratories?

The firm states it is unaffiliated with Dolby Laboratories and its corporate capital.

## Related profiles

- [Gramercy Strategic Capital](https://altss.com/profile/gramercy-strategic-capital)
- [Principal Invest](https://altss.com/profile/principal-invest)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/dolby-family-ventures-ray-dolby-family-office

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