FPV Ventures

FPV Ventures

FPV Ventures was launched by Wesley Chan and Pegah Ebrahimi, two operators whose track records were forged in the executive ranks of Google and Morgan Stanley, respectively. Chan spent 14 years at Google, where he founded Google Analytics and Google Voice and holds 17 patents for his work on the company's early ads system. Ebrahimi served as the youngest global CIO of Morgan Stanley Bank and later as COO of both the firm's Technology Investment Banking division and Cisco's multi-billion dollar Collaboration business. Their transition to institutional investing is built on this operator DNA, not a traditional finance apprenticeship. The firm targets pre-seed and seed-stage companies, concentrating capital behind what it terms 'mission-driven founders' — teams it believes are building with a 100-year vision rather than a near-term exit. The portfolio spans enterprise software, artificial intelligence, fintech, logistics, and biotechnology. Confirmed positions include Canva, Guild, Flexport, Snyk, and PsiQuantum. FPV also backs founders operating at the intersection of deep tech and hard science, such as Strand Therapeutics, which is re-inventing mRNA delivery. The firm deploys capital globally but with a pronounced concentration in North American innovation hubs. It does not publicly disclose a rigid sector-exclusion list. FPV operates with a lean partnership structure anchored by its two co-founders. The firm does not disclose total assets under management or aggregate deployment figures. Its investor base is deliberately composed of cause-driven institutions — universities, hospitals, foundations, and research organizations — whose long-horizon missions are designed to mirror those of the portfolio founders. There are no disclosed adjacent vehicles, philanthropic foundations, or club memberships tied directly to the firm. No recent fund close or top-level personnel change has been publicly announced in the last 24 months. FPV's structural differentiator is its reliance on an operator-to-operator sourcing model. Both Chan and Ebrahimi invest based on product and go-to-market pattern recognition they developed in executive roles, not junior deal-sourcing teams. The firm explicitly rejects mercenary founders in favor of what it calls missionaries, positioning itself less as a traditional institutional allocator and more as a co-builder for founder teams that may be misunderstood or overlooked by larger multi-stage funds. This concentrated, high-conviction approach makes the firm's brand unusually dependent on the personal networks and judgment of its two co-founders — a governance profile that carries both the upside of deep technical partnership and the key-person risk typical of a tight partnership.