About FusionX Ventures
FusionX Ventures is a venture capital firm founded in 2015. It is primarily based out of San Diego, United States. As of Jun 2024, FusionX Ventures has invested in 16 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Series A round of Alida Biosciences Overall, FusionX Ventures portfolio has seen 1 acquisition, namely TruckLabs. A lot of funds co-invest with FusionX Ventures, with names like Vertical Venture Partners sharing a substantial percentage of its portfolio. FusionX Ventures has team of 6 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Acquisitions
Portfolio Soonicorns
FusionX Ventures' List of Top Investments
FusionX Ventures has a portfolio of 16 companies. Their most notable investments are in NeuraLace Medical and NanoCellect Biomedical.Their portfolio spans across and United States. They have invested in High Tech, Life Sciences, Enterprise Applications and 10 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by FusionX Ventures:
Provider of technology for RNA analysis to improve human health. The company offers new technologies in RNA biology to develop new medical treatments and diagnostic assays.
Key facts about Alida Biosciences
- Founded Year: 2020
- Location: San Diego (United States)
- Stage: Series A
- Total Funding till date: $11.5M
- Employee Count: 18 as on May 31, 2026
- Investors: Vertical Venture Partners, Genoa Ventures and 2 Others
- Latest Funding Round: Grant (prize money), Dec 04, 2025, $*****
- Highlight: Editors' Pick
2. TruckLabs
Provider of tech-enabled truck wings and driver-management solutions. The company offers hardware and software-enabled products for the trucking industry. It offers products like Truck wing which provides an aerodynamic model automated gap covering solution of trucks Tractor mounted aero-dynamic device is to be placed in the vehicle while driving at high speed the devices automatically receive the vehicle moving data while turning it covers the gap between the trailer and the cap which reduces dragging, optimizes vehicle handling, and save fuel. Also, it offers Trip dynamics system offers feedback system for fleet managers and drivers.
Key facts about TruckLabs
- Founded Year: 2014
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $25.5M
- Employee Count: 25 as on Jul 01, 2024
- Investors: Autotech Ventures, Uncork Capital and 8 Others
- Latest Funding Round: Series B, Aug 01, 2023, $*****
- Highlight: Acquired
NanoCellect Biomedical is a developer of molecular diagnostics, and improve personalized medicine. The company offers WOLF Cell Sorter, which uses a closed fluid-path microfluidic cartridge that enables cell sorting, and avoids biohazard and shear stress issues associated with traditional cell sorters. It claims that this technology sorts cells at the highest purity with almost no loss of viability. This technology has downstream applications of gene expression and sequencing. It also used in sorting rare cells such as circulating tumor cells (CTCs) from blood samples.
Key facts about NanoCellect Biomedical
- Founded Year: 2009
- Location: San Diego (United States)
- Stage: Series D
- Total Funding till date: $78.1M
- Employee Count: 31 as on May 31, 2026
- Investors: Casdin Capital, Windward Capital Ventures and 15 Others
- Latest Funding Round: Series D, Jun 29, 2023, $*****
- Highlight: Editors' Pick
4. Genalyte
Real-time blood diagnostics at the point of care, revolutionizing lab testing with immediate results. They are redefining diagnostics, making lab testing accessible and immediate, eliminating delays and reducing errors. Their self-running device brings the power of a full-scale traditional lab into a single unit, designed to fit seamlessly into existing workflows. The cloud-based platform integrates directly with the EMR, enabling orders from the provider’s existing system and returning results instantly. They offer a comprehensive diagnostic menu, covering complete blood count, lipid panel, and comprehensive metabolic panel. This technology improves patient experience, reduces follow-up time, and eliminates pre-analytical errors. They cater to primary care, outpatient clinics, private practices, hospitals, surgery centers, government, and military facilities.
Key facts about Genalyte
- Founded Year: 2007
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $142M
- Employee Count: 91 as on May 31, 2026
- Investors: Claremont Creek Ventures, BioBrit and 15 Others
- Latest Funding Round: Series E, Jan 11, 2021, $*****
- Highlight: Editors' Pick
Developer and private label manufacturer of iOS integrated coffee roaster. The company enables small-scale coffee owners to build the brand by installing roasters. It also provides brand control, data analytics, and inventory management services.
Key facts about Bellwether Coffee
- Founded Year: 2013
- Location: Berkeley (United States)
- Stage: Series B
- Total Funding till date: $92.7M
- Employee Count: 63 as on May 31, 2026
- Investors: Valor Equity Partners, RSE Ventures and 14 Others
- Latest Funding Round: Series B, Oct 01, 2021, $*****
- Highlight: Editors' Pick
FusionX Ventures' Year-on-Year Investment Trends
FusionX Ventures has invested in 16 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Alida Biosciences and most recent follow-on round was in NanoCellect Biomedical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 2 | 3 |
2020 | 0 | 0 | 0 |
2019 | 1 | 1 | 2 |
2018 | 2 | 0 | 2 |
2017 | 1 | 1 | 2 |
FusionX Ventures' Investments by Stage
FusionX Ventures has made 6 investments in Series A stage with an average round size of $14.1M and 1 investment in Seed stage with an average round size of $2M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Seed | 1 |
Note: We have considered here, only first round of investments
FusionX Ventures' Investments by Sector
FusionX Ventures has a diverse portfolio, with companies operating in the Life Sciences, High Tech, Enterprise Applications, Internet of Things - Industry Applications and Auto Tech. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 4 Software companies and at least 4 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 4 |
High Tech | 3 |
Enterprise Applications | 2 |
Internet of Things - Industry Applications | 2 |
Auto Tech | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
FusionX Ventures' Investments by Geography
FusionX Ventures has made most investments in United States (7).FusionX Ventures' recent investments
FusionX Ventures has not made any investment in 2026 so far.Here are the most recent investments by FusionX Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 07, 2024 | United States | Series A | 9487 | [+1] | |
Nov 19, 2021 | United States | Series A | 7443 | [+2] | |
Aug 27, 2021 | United States | Series D | 7844 | [+5] | |
2021 | United States | Series C | 6658 | ||
Jun 19, 2019 | United States | Seed | 3331 |
Acquired companies in FusionX Ventures' Portfolio
1 company from FusionX Ventures' portfolio has been acquired. The most recent acquisition was TruckLabs in Nov 2023 by ConMet for $*****.Here are FusionX Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 07, 2023 | May 30, 2019 | Series A | 6674 |
Team profile of FusionX Ventures
FusionX Ventures has a team of 6 members including 3 Partners and 1 Venture Partner located in United States and Japan. FusionX Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in FusionX Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Diego | - | - | |
Partner | Seattle | - | ||
Partner | Tokyo | - | ||
Venture Partner | Los Angeles | - | - |
Co-investors of FusionX Ventures
Over the past 10 years, 42 investors have co-invested in FusionX Ventures's portfolio companies. This includes funds and angels.
- Invested before FusionX Ventures: HHS, Rogue Venture Partners and 2 others have invested in rounds before FusionX Ventures. There are 2 companies where HHS has invested before FusionX Ventures and 1 company where Rogue Venture Partners has invested before FusionX Ventures.
- Top Co-investors of FusionX Ventures: 17 investors entered a company along with FusionX Ventures. These include investors like Vertical Venture Partners (2 companies).
- Invested after FusionX Ventures: A total of 21 investors have invested in FusionX Ventures's portfolio after their investments. Top Investors include Blue Bear Capital (1 company), Warburg Pincus (1 company) and Casdin Capital (1 company).
Recent News related to FusionX Ventures
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1859, Inc. Poised to Industrialize Medicine DiscoverySan Diego Business Journal•Feb 14, 2022•1859, Northpond Ventures, OMX Ventures, FusionX Ventures and 1 other
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NanoCellect Raises $35M to Support Commercial Push for Second-Generation Cell SorterGenomeWeb•Sep 16, 2021•NanoCellect Biomedical, Vertical Venture Partners, Agilent, Illumina Ventures and 3 others
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Rigado Raises $15 Million to Drive Expansion of Commercial IoT Edge-as-a-ServiceGlobeNewswire•Jun 19, 2018•Rigado, Madrona, Vanedge Capital, Rogue Venture Partners and 2 others
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NanoCellect Biomedical Raises $10M in Series B Funding Led by Illumina VenturesPR Newswire•Nov 29, 2017•NanoCellect Biomedical, Illumina Ventures, Anzu Partners, Vertical Venture Partners and 3 others
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