MFV Partners

MFV invests at the seed and early stages, writing first institutional checks into companies that are often still in the lab-to-prototype phase. Portfolio entries like PsiQuantum (2019), Agility Robotics (2020), and Chef Robotics (2023) reflect multi-year underwriting horizons before revenue scale or exit liquidity becomes visible. The firm does not market a growth-stage or late-stage vehicle.

The firm invests via direct equity positions in portfolio companies, not as a fund-of-funds. MFV launched Harper Court Ventures as a distinct $25 million fund vehicle managed by the same investment team, which operates as a separate vehicle rather than a LP commitment into another manager. There is no public indication that MFV's core fund makes LP commitments to external venture managers.

MFV's stated focus is deep tech — robotics, quantum computing, AI compute, energy transition, and space — and the portfolio lacks exposure to consumer internet, enterprise SaaS apart from industrial applications, fintech, and media. The firm's materials explicitly frame its mandate around engineering-led industrial transformation, which implicitly screens out asset-light consumer software and services models.

MFV committed to PsiQuantum in 2019 and Agility Robotics in 2020, in both cases before the quantum-computing and humanoid-robotics categories drew broad institutional VC attention. Those early positions — alongside more recent pre-revenue bets on OpenInfer (edge AI compute) and MP Space (space-based sensing) — demonstrate a pattern of underwriting heavy-R&D companies at valuations that precede category consensus.