# 11.2 Capital: portfolio, investments and team

> 11.2 Capital is a vc firm based in United States. 3 investments on record, latest Aug 2024. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/11-2-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# 11.2 Capital

Filed with the SEC to raise a fund in Dec 2023, closing $64M. Last cheque observed Aug 2024.

Quiet New fund $64M, Dec 2023 VC firm

Seed Series A Series B Biotechnology Customer Service Internet

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **788** days **00** hrs **00** min **00** sec

Median round **$21M** Rounds led **1 of 3**

Pitch 11.2 Capital

## 11.2 Capital highlights

- 01 3 rounds on record
- 02 Mostly Series A and Seed: 100% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Biotechnology Customer Service Internet
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2024** 1 round
- **Aug** **[Noetik](https://millionrounds.com/company/noetik)** Series A · US · Firms' own news pages **$40M** With 12 others
- **2019** 2 rounds
- **Dec** **[Anyscale](https://millionrounds.com/company/anyscale)** Series A · US · TechCrunch **$21M** With 6 others
- **Mar** **[CryptoNumerics](https://millionrounds.com/company/cryptonumerics)** Seed · CA · FinSMEs **$2.5M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

ML **Michael Liao** Non-Managing Member i Form ADV

QZ **Qian Zhuang** Managing Member of the General Partner i Filing they signed

We also hold **6** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$295M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** 11.2 Capital Management, LLC
- **SEC number:** CRD 170078

Who backs their funds

## 1 LP on record in 11.2 Capital's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Blue Future Partners** 1 fund](https://millionrounds.com/fund/blue-future-partners) Fund Vintage Committed 11.2 Capital - -

## What they claim to have backed

From their own portfolio page (on their website)

**11** of 37 we have independently watched raise

[Picture](https://millionrounds.com/company/notable-labs)[Picture](https://millionrounds.com/company/deep-genomics)[Picture](https://millionrounds.com/company/ginkgo-bioworks)[Picture](https://millionrounds.com/company/sardine)[Picture](https://millionrounds.com/company/hinge-health)[Picture](https://millionrounds.com/company/anyscale)[Picture](https://millionrounds.com/company/synthace)[Picture](https://millionrounds.com/company/tigergraph)[Picture](https://millionrounds.com/company/bay-labs)[Picture](https://millionrounds.com/company/molecular-assemblies)[Picture](https://millionrounds.com/company/forter) Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture Picture

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$64M**

raised in Dec 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$21M** the round, not its cheque

Led 1 of 3 rounds **33%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2024

Rounds by stage said on their site

- Series A said *2*
- Seed said *1*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies 11.2 Capital put money into.

[**Noetik** $40M · Aug 2024](https://millionrounds.com/company/noetik)[**Anyscale** $21M · Dec 2019](https://millionrounds.com/company/anyscale)[**CryptoNumerics** $2.5M · Mar 2019](https://millionrounds.com/company/cryptonumerics)

## Quick answers about 11.2 Capital

### What does 11.2 Capital invest in?

11.2 Capital invests most often at Series A and Seed (100% of the rounds on record), in sectors such as Biotechnology, Customer Service and Internet.

### How active is 11.2 Capital?

3 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Aug 2024.

### What has 11.2 Capital invested in recently?

Its most recent investments on record: Noetik (Series A, Aug 2024), Anyscale (Series A, Dec 2019) and CryptoNumerics (Seed, Mar 2019).

### How big are 11.2 Capital's cheques?

The median round it joins is $21M.

### Is 11.2 Capital investing now?

No investments in the last 12 months; the latest was in Aug 2024.

### What kind of investor is 11.2 Capital?

11.2 Capital is a VC firm based in San Francisco, United States.

### How much does 11.2 Capital manage?

About $295M, as gross assets of its private funds (Oct 2026).

### Has 11.2 Capital raised a new fund?

Its latest fund filing with the SEC was in Dec 2023, reporting $64M raised.

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