# Action Potential Venture Capital: portfolio, investments and team

> Action Potential Venture Capital is a growth equity based in United States. 6 investments on record, latest Aug 2025. Portfolio, stages, co-investors and team.

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

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

# Action Potential Venture Capital

Last cheque observed Aug 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity Now at ap-vc.com

Series D Series A Series B Chemical Food And Beverage Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **437** days **00** hrs **00** min **00** sec

Median round **$28M** Rounds led **0 of 6** Sole investor **1 rounds** Mostly in **United States, 100%**

Pitch Action Potential Venture Capital

## Action Potential Venture Capital highlights

- 01 6 rounds on record
- 02 Mostly Series D and Series A: 67% of its rounds
- 03 Sole investor in 1 rounds, median $43M

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Chemical Food And Beverage Venture Capital & Private Equity
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2025** 1 round
- **Aug** **[SetPoint Medical](https://millionrounds.com/company/setpoint-medical)** Series D · US · Elevage Medical Technologies **$140M** With 17 others
- **2024** 1 round
- **Jul** **[NeuSpera Medical](https://millionrounds.com/company/neuspera-medical)** Series D · US · Firms' own news pages **$23M** With 6 others
- **2019** 1 round
- **Feb** **[Neuspera](https://millionrounds.com/company/neuspera)** Series B · US · FinSMEs **$26M** With 4 others
- **2017** 1 round
- **Aug** **[SetPoint Medical](https://millionrounds.com/company/setpoint-medical)** Series D · US · FinSMEs **$30M** With 5 others
- **2015** 1 round
- **Sept** **[SetPoint Medical](https://millionrounds.com/company/setpoint-medical)** Series C · US **$43M** Sole investor
- **2013** 1 round
- **Aug** **[SetPoint Medical](https://millionrounds.com/company/setpoint-medical)** Series A · US · sec.gov **$31M** With 6 others

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

We hold **2** 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.

## The cheque

Series D Series A Series B

Median round joined **$28M** the round, not its cheque Alone, median **$43M**

Led 0 of 6 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Aug 2025

Rounds by stage said on their site

- Series D *3*
- Series A *1*
- Series B *1*
- Series C *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Boston Scientific](https://millionrounds.com/fund/boston-scientific) 3
- [Morgenthaler Ventures](https://millionrounds.com/fund/morgenthaler) 3
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 2

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## Who they invest alongside

The investors most often in the same rounds as Action Potential Venture Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Boston Scientific** VC firm **3** rounds together](https://millionrounds.com/fund/boston-scientific)[**Morgenthaler Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/morgenthaler)[**New Enterprise Associates** VC firm **2** rounds together](https://millionrounds.com/fund/new-enterprise-associates)

## Recently backed

The latest companies Action Potential Venture Capital put money into.

[**SetPoint Medical** $140M · Aug 2025](https://millionrounds.com/company/setpoint-medical)

## Quick answers about Action Potential Venture Capital

### What does Action Potential Venture Capital invest in?

Action Potential Venture Capital invests most often at Series D and Series A (67% of the rounds on record), in sectors such as Chemical, Food And Beverage and Venture Capital & Private Equity.

### How active is Action Potential Venture Capital?

6 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2025.

### What has Action Potential Venture Capital invested in recently?

Its most recent investments on record: SetPoint Medical (Series D, Aug 2025), NeuSpera Medical (Series D, Jul 2024) and Neuspera (Series B, Feb 2019).

### How big are Action Potential Venture Capital's cheques?

The median round it joins is $28M.

### Does Action Potential Venture Capital lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Action Potential Venture Capital invest?

Most of the companies it backs are in the United States (100%).

### Is Action Potential Venture Capital investing now?

No investments in the last 12 months; the latest was in Aug 2025.

### Who does Action Potential Venture Capital invest alongside?

Most often Boston Scientific (3 rounds together), Morgenthaler Ventures (3 rounds together) and New Enterprise Associates (2 rounds together).

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