New Ground Ventures

Founder and Managing Partner Tony Askew is the central decision-maker. Public record does not surface a formal investment committee beyond Askew, which makes the firm effectively a key-person vehicle. His background spans executive roles at communications-infrastructure companies, a profile that shapes the firm's preference for technical founders.

Askew leverages a concentrated operator network on the US West Coast, particularly around Palo Alto. The firm's positioning as a small, fast-moving check writer gives it access to pre-institutional rounds where multi-stage funds are absent. Repeat co-investor relationships with angels and emerging managers reinforce the inbound pipeline at the formation stage.

New Ground operates as a direct-investment vehicle targeting company equity. There is no public record of the firm committing capital as a limited partner into other venture funds. The model is built entirely around direct early-stage positions.

The firm concentrates on pre-seed and seed rounds, often writing the first institutional check into a company. Observed round sizes in its history cluster between $1 million and $3 million. Later-stage follow-ons have not been a publicly emphasized part of the strategy.