About AFF
AFF is a venture capital firm founded in 2021. It is primarily based out of Arlington, United States. As of Apr 2026, AFF is an active investor, having invested in 16 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series A round of Foundation Alloy A lot of funds co-invest with AFF, with names like Alumni Ventures sharing a substantial percentage of its portfolio. AFF has team of 23 people including 15 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Soonicorns
Deals in last 12 months
AFF's List of Top Investments
AFF has a portfolio of 16 companies. Their most notable investments are in revalia bio and Tacta Systems.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, High Tech, HealthTech and 11 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by AFF:1. Antheia
Antheia is focused on developing medicines using its technology. Its technology combines synthetic biology, informatics, and fermentation technology to provide plant-based medicines. It is currently working on engineering the yeast cells genetically to produce natural medicinal products.
Key facts about Antheia
- Founded Year: 2013
- Location: Palo Alto (United States)
- Stage: Series C
- Total Funding till date: $176M
- Employee Count: 66 as on Jun 30, 2026
- Investors: EDBI, SVB and 15 Others
- Latest Funding Round: Series C, Jan 27, 2026, $*****
- Highlight: Editors' Pick
Provider of advanced alloy materials. It uses advanced manufacturing and a software platform to design and develop metal-based alloys. it can be used in additive manufacturing systems to develop metal parts.
Key facts about Foundation Alloy
- Founded Year: 2022
- Location: Cambridge (United States)
- Stage: Series A
- Total Funding till date: $46.4M
- Employee Count: 19 as on Jun 30, 2026
- Investors: Yamaha Motor Ventures, Material Impact and 10 Others
- Latest Funding Round: Series A, Apr 06, 2026, $*****
- Highlight: Editors' Pick
3. revalia bio
Key facts about revalia bio
- Founded Year: 2021
- Location: New Haven (United States)
- Stage: Seed
- Total Funding till date: $26.8M
- Employee Count: 35 as on Jun 30, 2026
- Investors: Overmatch, Sierra Ventures and 4 Others
- Latest Funding Round: Seed, Sep 04, 2025, $*****
Key facts about Venus Aerospace
- Founded Year: 2020
- Location: Seal Beach (United States)
- Stage: Series B
- Total Funding till date: $139M
- Employee Count: 113 as on Jun 30, 2026
- Investors: PEAK6, Draper and 31 Others
- Latest Funding Round: Series B, Apr 17, 2026, $*****
5. iCOUNTER
Provider of cyber risk intelligence to combat targeted and AI-driven threats. It delivers actionable foresight, identifying specific threats to organizations and their ecosystems. The company focuses on targeted attacks, providing clarity into attack vectors and affected systems. It helps dynamically tune security and fraud systems, reduce third-party breach risk, and counter targeted fraud campaigns.
Key facts about iCOUNTER
- Founded Year: 2000
- Location: Dallas (United States)
- Stage: Series A
- Total Funding till date: $30M
- Employee Count: 34 as on Jun 30, 2026
- Investors: SYN Ventures and AFF
- Latest Funding Round: Series A, Jul 16, 2025, $*****
- Highlight: Editors' Pick
AFF's Year-on-Year Investment Trends
In 2025, it made 4 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in Antheia and most recent follow-on round was in Foundation Alloy.AFF's Investments by Stage
AFF has made 3 investments in Series A stage with an average round size of $35.8M, 1 investment in Seed stage with an average round size of $14.5M and 1 investment in Series C stage with an average round size of $24M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
AFF's Investments by Sector
AFF has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Aerospace, Maritime and Defense, Business Services and Chemicals and Materials Tech. Notably, it has invested in 7 Enterprise (B2B) companies, 7 Tech companies, 5 Software companies and at least 2 companies focusing on Saas.Sector | No. of Investments |
|---|---|
High Tech | 2 |
Life Sciences | 2 |
Aerospace, Maritime and Defense | 1 |
Business Services | 1 |
Chemicals and Materials Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
AFF's Investments by Geography
AFF has made most investments in United States (5).AFF's recent investments
AFF has made 2 investments in 2026 so far - Foundation Alloy and Antheia.Here are the most recent investments by AFF:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 06, 2026 | United States | Series A | 6940 | [+7] | |
Jan 27, 2026 | United States | Series C | 5566 | [+1] | |
Sep 04, 2025 | United States | Seed | 8982 | [+1] | |
Jun 26, 2025 | United States | Series A | 4387 | [+9] | |
May 10, 2025 | United States | Series A | 6202 | [+4] |
Team profile of AFF
AFF has a team of 23 members including 15 Partners, 1 Venture Partner and 1 Principal located in United States. AFF's team sits on the board of 7 companies.Here is a list of top team members in AFF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | |||
Partner | San Francisco | |||
Partner | Washington, DC | - | ||
Partner | Cambridge | - | ||
Partner | San Francisco | - | - | |
Partner | Palo Alto | |||
Partner | Washington, DC | - | ||
Partner | Los Angeles | - | ||
Partner | - | - | ||
Partner | Redmond | - | ||
Partner | Pittsburgh | - |
Co-investors of AFF
Over the past year, 56 investors have co-invested in AFF's portfolio companies. This includes funds and angels.
- Invested before AFF: Viking Global Investors, Sherpalo Ventures and 30 others have invested in rounds before AFF. There is 1 company where Viking Global Investors has invested before AFF and 1 company where Sherpalo Ventures has invested before AFF.
- Top Co-investors of AFF: 14 investors entered a company along with AFF. These include investors like Alumni Ventures (1 company).
- Invested after AFF: A total of 10 investors have invested in AFF's portfolio after their investments. Top Investors include Voyager (1 company), Trust Ventures (1 company) and Overlap Holdings (1 company).
Recent News related to AFF
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Foundation Alloy Raises $22M in Series A Funding FinSMEs•Jun 16, 2026•El Cap, AFF, Engine Ventures, Overlap Holdings and 5 others
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Antheia Announces Additional $24M Series CMassinvestor•Jan 27, 2026•AFF, Global Health Investment, Antheia, EDBI and 1 other
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Revalia Bio Raises $14.5M Seed Round to Launch Human Data Trial Platform and Redefine Drug DevelopmentAccess Newswire•Sep 04, 2025•AFF, revalia bio, Sierra Ventures
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Tacta Systems Announces $75 million in Funding to Bring Dextrous Intelligence to Robotsintelligence360•Jul 02, 2025•Tacta Systems, AFF, SBVA, Matter Venture Partners and 8 others
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Tacta Systems Secures $75M Funding for Dextrous Intelligence in RoboticsAiThority•Jun 27, 2025•Tacta Systems, AFF, SBVA
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Tacta Systems Secures $75 Million Funding for Dextrous Intelligence in RoboticsRoboticstomorrow•Jun 27, 2025•Tacta Systems, Matter Venture Partners, AFF, SBVA and 7 others
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Foundation Alloy Raises FundingFinSMEs•May 10, 2025•Foundation Alloy, Alumni Ventures, AFF, Engine Ventures and 2 others
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America's Frontier Fund Backs Breakthrough Hypersonic Engine Company Venus AerospacePR Newswire•Jan 22, 2025•AFF, Venus Aerospace
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