# Mozilla Ventures

Mozilla Ventures is a Venture Capital based in San Francisco, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** mozilla.vc
- **LinkedIn:** https://www.linkedin.com/company/mozilla-ventures

## Regulatory record

- **CRD number:** 329953
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/329953

## About

Mozilla Ventures Management, PBC is a state-registered investment adviser with offices in San Francisco, CA. It manages the Mozilla Ventures Fund, a venture capital fund. The fund focuses on investments in technology companies.

## Sectors

- AI/ML
- Enterprise Software
- Cybersecurity
- Media & Entertainment
- PropTech

## People

- Mohamed Nanabhay — Managing Partner

## Questions

### Who runs investment decisions at Mozilla Ventures?

Mohamed Nanabhay is the Managing Partner and leads investment decisions. Nanabhay joined from the Media Development Investment Fund, where he oversaw a portfolio spanning over 25 frontier and emerging markets. The investment committee composition beyond Nanabhay has not been publicly disclosed by the firm as of mid-2025.

### Is Mozilla Ventures a nonprofit grantmaker or a standard venture fund?

It is neither. The firm is structured as a for-profit public-benefit corporation (PBC) that takes equity positions in startups at market terms. The Mozilla Foundation is its sole limited partner, but the fund operates with independent governance and expects to generate returns on invested capital — grants are not part of the strategy.

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

The firm's stated model is exclusively direct equity investment and convertible instruments. It does not operate as a fund-of-funds or buy into third-party venture capital vehicles.

### How is Mozilla Ventures related to Mozilla.ai?

Both are separate Mozilla Foundation-funded entities with distinct mandates. Mozilla Ventures is an investment fund taking equity in external startups. Mozilla.ai, launched in 2023, is an operating company building open-source AI infrastructure in-house. They are governed separately and do not co-invest by mandate.

### Which business models does Mozilla Ventures explicitly reject?

The firm has publicly stated it will not invest in advertising-dependent business models or crypto-native token mechanisms. The investment thesis explicitly screens for companies that monetize through methods aligned with user agency and privacy, not surveillance-based data collection.

### What is Mozilla Ventures' known posture on co-investments alongside external GPs?

The firm has signaled openness to syndicating with traditional venture capital funds that share its thematic interests, particularly those with privacy, open-source, or enterprise infrastructure expertise. No exclusive co-investment vehicle or club structure has been publicly announced.

## Related profiles

- [Mozilla Foundation](https://altss.com/profile/mozilla-foundation)
- [Mozza Angels](https://altss.com/profile/mozza-angels)

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Last updated: 2026-07-06T00:36:24.413Z

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