About Mesh Ventures
Mesh Ventures is a venture capital firm founded in 2015. It is primarily based out of Taipei, Taiwan. As of May 2026, Mesh Ventures is an active investor, having invested in 28 companies, with 3 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Auto Tech. Most recently it participated in the $***** Series B round of Anello Photonics Overall, Mesh Ventures portfolio has seen 2 unicorns, 1 IPO and 7 acquisitions including key companies like PlusAI, Intelligo Group and Tenstorrent. A lot of funds co-invest with Mesh Ventures, with names like Trousdale Ventures sharing a substantial percentage of its portfolio. Mesh Ventures has team of 9 people including 4 partners.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Mesh Ventures' List of Top Investments
Mesh Ventures has a portfolio of 28 companies, including 2 unicorns. Their most notable investments are in Empower Semiconductor and Anello Photonics.Their portfolio spans across United States, Canada, Ireland and 2 more locations. They have invested in High Tech, Enterprise Applications, Auto Tech and 15 other sectors, across stages such as Seed, Series B and 3 more. Here is the list of top investments by Mesh Ventures:1. PlusAI
Developer of autonomous driving technology for integration into factory-built trucks. It focuses on creating autonomous driving systems using AI and generative AI. Its technology is designed for deployment in factory built autonomous trucks. It approach involves replacing traditional code with deep neural network models. It aims to enhance driving safety and efficiency through real-time predictions.
Key facts about PlusAI
- Founded Year: 2016
- Location: Santa Clara (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $720M
- Employee Count: 448 as on Aug 31, 2026
- Investors: Millennium Technology Value Partners, Amazon and 18 Others
- Latest Funding Round: Series C, Jun 21, 2021, $*****
- Highlight: Editors' Pick
2. igloohome
Developer of keyless smart locks for both consumer and commercial applications. Its first offering is called Smart Keybox that can be unlocked with a PIN with Bluetooth. It also allows setting the starting day, time, and duration for which the code or key will work and unlocking the shackle with supplied physical keys.
Key facts about igloohome
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: SGD 10M - 50M as on Dec 31, 2023
- Stage: Series B
- Total Funding till date: $32M
- Employee Count: 105 as on Aug 31, 2026
- Investors: Innoven Capital, Singtel Innov8 and 46 Others
- Latest Funding Round: Series B, May 2024, $*****
- Highlight: Editors' Pick
3. HYPR
Provider of passwordless multi-factor authentication, identity verification, and risk management. The company delivers a platform for identity assurance throughout the identity lifecycle. It offers authentication with phishing-resistant passkeys, risk policy and orchestration, and identity proofing and verification. The platform integrates with various identity and access management environments and security tools.
Key facts about HYPR
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $131M
- Employee Count: 113 as on Aug 31, 2026
- Investors: Allen & Company, SLW and 14 Others
- Latest Funding Round: Series D, Jun 05, 2024, $*****
- Highlight: Editors' Pick
Cloud-based customer identity and background verification solutions. It provides solutions for banks, investment funds, insurance companies, and businesses. the company provides AI and machine learning-based solution that checks clients' data against global corporate, legal, asset, and data leaks records and cross-checks with news media, social and regulatory data. It automatically updates the client's information on a risk basis with a change in financial activities, helps in performing due diligence on customers and per loan checks, etc.
Key facts about Intelligo Group
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $44M
- Employee Count: 147 as on Aug 31, 2026
- Investors: Mesh Ventures, Felicitas Global Partners and 5 Others
- Latest Funding Round: Series B, Nov 15, 2021, $*****
- Highlight: Acquired
5. Tenstorrent
Developer of hardware and open-source software for artificial intelligence acceleration. The company provides tools for optimizing workloads on its hardware. It offers an open-source compiler designed to integrate with its AI software library. The company provides resources such as documentation and developer tutorials.
Key facts about Tenstorrent
- Founded Year: 2016
- Location: Toronto (Canada)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.46B
- Employee Count: 1,280 as on Aug 31, 2026
- Investors: Fidelity Investments, Baillie Gifford and 27 Others
- Latest Funding Round: Series E, Aug 26, 2026, $*****
- Highlight: Editors' Pick
Mesh Ventures' Year-on-Year Investment Trends
Mesh Ventures has invested in 28 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment, while as of May 2026, it has made 4 investments in this year. Its most recent first time investment was in Anello Photonics and most recent follow-on round was in CesiumAstro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 2 | 1 | 3 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 1 | 2 | 3 |
Mesh Ventures' Investments by Stage
Mesh Ventures has made 6 investments in Seed stage with an average round size of $10.8M, 6 investments in Series B stage with an average round size of $44.8M, 2 investments in Series A stage with an average round size of $6.5M, 2 investments in Series C stage with an average round size of $37.5M and 1 investment in Series D stage with an average round size of $693M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series B | 6 |
Series A | 2 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Mesh Ventures' Investments by Sector
Mesh Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Semiconductors, Business Services and Internet of Things - Industry Applications. Notably, it has invested in 23 Tech companies, 22 Enterprise (B2B) companies, 17 Software companies and at least 15 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 10 |
Enterprise Applications | 6 |
Semiconductors | 6 |
Business Services | 3 |
Internet of Things - Industry Applications | 3 |
Others | 12 |
Note: We have considered here, only first round of investments
Mesh Ventures' Investments by Geography
Mesh Ventures has made most investments in United States (15), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 15 |
Canada | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Mesh Ventures' recent investments
Mesh Ventures has made 4 investments in 2026 so far. Anello Photonics and Venus Aerospace are the latest among them.Here are the most recent investments by Mesh Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 04, 2026 | United States | Series B | 9638 | ||
Apr 17, 2026 | United States | Series B | 1013 | [+5] | |
Mar 31, 2026 | United States | Seed | 2835 | [+5] | |
Feb 02, 2026 | United States | Series C | 2451 | [+5] | |
Apr 23, 2025 | United States | Seed | 1251 | [+5] |
Unicorns in Mesh Ventures' Portfolio
Mesh Ventures has 2 unicorns in its portfolio - Tenstorrent and PlusAI. The most recent unicorn in their portfolio is Tenstorrent. It became a unicorn in 2021, 3 years before Mesh Ventures first invested in it.Here is a list of unicorns in Mesh Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Developer of hardware and open-source software for artificial intelligence acceleration | 2016 | Toronto | Series E | eqzzmak | ||
69 | Developer of autonomous driving technology for integration into factory-built trucks | 2016 | Santa Clara | Series C | socnwtm |
IPOs and Publicly Listed companies in Mesh Ventures' Portfolio
1 of Mesh Ventures' portfolio company became public - Navitas. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2021 at marketcap of $11.8KHere are Mesh Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 20, 2021 | - | - | 6600 |
Acquired companies in Mesh Ventures' Portfolio
7 companies from Mesh Ventures' portfolio have been acquired. The most recent acquisition was Empower Semiconductor in May 2026 by Analog Devices for $*****.Here are Mesh Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 20, 2026 | Oct 26, 2021 | Series C | 6717 | |
Sep 22, 2025 | - | - | 4450 | |
Dec 18, 2024 | - | - | 7745 | |
Oct 26, 2021 | May 06, 2021 | Series B | 2589 | |
Jun 10, 2021 | - | - | 5830 |
Team profile of Mesh Ventures
Mesh Ventures has a team of 9 members including 4 Partners and 3 Principals located in Taiwan and United States. Mesh Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Mesh Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Taiwan | - | ||
Partner | Taipei | - | ||
Partner | Taipei | - | ||
Partner | Oakland | - | ||
Principal | Portland | - | ||
Principal | Taipei | - | ||
Principal | Taipei | - |
Co-investors of Mesh Ventures
Over the past 11 years, 195 investors have co-invested in Mesh Ventures's portfolio companies. This includes funds and angels.
- Invested before Mesh Ventures: Lockheed Martin, Eclipse and 81 others have invested in rounds before Mesh Ventures. There are 3 companies where Lockheed Martin has invested before Mesh Ventures and 2 companies where Eclipse has invested before Mesh Ventures.
- Top Co-investors of Mesh Ventures: 61 investors entered a company along with Mesh Ventures. These include investors like Trousdale Ventures (2 companies).
- Invested after Mesh Ventures: A total of 51 investors have invested in Mesh Ventures's portfolio after their investments. Top Investors include Insignia Ventures Partners (1 company), Kickstart Ventures (1 company) and TH Capital (1 company).
Recent News related to Mesh Ventures
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Checker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for InsMedia Bulletins•May 19, 2026•Checker, Al Mada Ventures, Galaxy, Framework Ventures and 11 others
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Phosio raises $4 million for thin optical film technology for smart glassesHolography•May 15, 2026•Silicon Catalyst, Phosio, Willamette Valley Capital, Mesh Ventures and 1 other
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CesiumAstro Closes $470M in Series C Capital for Rapid U.S. Growth in 2026Business Wire•Feb 02, 2026•Trousdale Ventures, Woven Capital, NewSpace Capital, Development Bank of Japan and 10 others
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AheadComputing Inc. Raises Additional $30M Seed2 Round to Reimagine CPU ArchitectureHpcwire•Jan 21, 2026•AheadComputing, Trousdale Ventures, Toyota Ventures, Eclipse and 9 others
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Quantinuum Secures $600 Million Capital at $10 Billion ValuationQuantum Computing Report•Sep 05, 2025•Quantinuum, JPMorgan Chase, Mitsui, Quanta Computer and 16 others
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In a bid to compete with Nvidia, Jeff Bezos and Samsung invest $700 million in AI chip startup TenstorrentKaldata•Dec 02, 2024•Tenstorrent, AFW Partners, Samsung Securities, Corner Capital and 18 others
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Eliyan Receives Strategic Investment from VentureTech AllianceFinSMEs•Aug 14, 2024•Eliyan, VentureTech Alliance, Applied Materials, Celesta Capital and 8 others
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CesiumAstro Secures $65M in Oversubscribed Funding RoundBusiness Wire•Jun 18, 2024•L3Harris, Trousdale Ventures, CesiumAstro, Development Bank of Japan and 7 others
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Phillip Sarofim’s Trousdale Ventures Leads CesiumAstro Series B+ Funding RoundBusiness Wire•Jun 18, 2024•Trousdale Ventures, CesiumAstro, Quanta Computer, Development Bank of Japan and 7 others
