# Finistere Ventures: portfolio, investments and team > Finistere Ventures is a vc firm based in United States. 13 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/finistere-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Finistere Ventures Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $65M, Jan 2020 VC firm Seed Series A Series B Wearables Smart Clothes Clothes Follow Finistere Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffinistere-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 13 on record Since the last cheque **741** days **00** hrs **00** min **00** sec Median round **$6.7M** Cheque size, as they say **$1.0M – $3.0M** Rounds led **1 of 13** Exits **2 from the portfolio** Mostly in **United States, 69%** Pitch Finistere Ventures ## Finistere Ventures highlights - 01 13 rounds on record - 02 Mostly Series B and Series C: 67% of its rounds - 03 Led 1 rounds - 04 2 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $1.0M – $3.0M as they say - **Stages:** Seed Series A Series B - **Sectors:** Wearables Smart Clothes Clothes - **Based in:** Palo Alto, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **13 appearances** - **2024** 1 round - **Oct** **[DNAiTECH](https://millionrounds.com/company/dnaitech)** Pre-seed · NZ · Startup Daily **$606K** With 4 others - **2019** 2 rounds - **May** **[BioLumic](https://millionrounds.com/company/biolumic)** NZ · Pehub **$6.7M** With 2 others - **May** **[Invert Robotics](https://millionrounds.com/company/invert-robotics)** NZ · VentureBeat **$88M** *Led* - **2018** 1 round - **Nov** **[ApisProtect](https://millionrounds.com/company/apisprotect)** Seed · IE · FinSMEs **$1.7M** With 3 others - **2017** 1 round - **Jul** **[Plenty](https://millionrounds.com/company/plenty)** Series B · US · FinSMEs **$200M** With 4 others - **2015** 1 round - **Oct** **[ShopWell](https://millionrounds.com/company/shopwell)** Series C · US **$3.4M** With 4 others - **2013** 1 round - **Mar** **[ZeaKal](https://millionrounds.com/company/zeakal)** Series A · US · pevc.dowjones.com **$3.8M** With 3 others - **2012** 2 rounds - **Jan** **[Transcend Medical](https://millionrounds.com/company/transcend-medical)** Series B · US · onbiovc.com **$16M** With 8 others - **Jan** **[SGB](https://millionrounds.com/company/sgb)** Series B · US · businessreel.com **$17M** With 3 others - **2009** 2 rounds - **May** **[Sadra Medical](https://millionrounds.com/company/sadra-medical)** Series C · US · onbiovc.com **$30M** With 6 others - **Feb** **[SOMARK Innovations](https://millionrounds.com/company/somark-innovations)** US · somarkinnovations.com **Undisclosed** With 3 others - **2007** 1 round - **Sept** **[Chlorogen](https://millionrounds.com/company/chlorogen)** Venture · US **$15M** With 4 others - **2006** 1 round - **Jan** **[Athenix](https://millionrounds.com/company/athenix)** Series C · US · athenixcorp.com **$13M** With 5 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 Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** AK **Arama Kukutai** MANAGING PARTNER OF FINISTERE GP III, LLC, GENERAL PARTNER i Filing they signed KB **Kirk Belsby** Managing Director of Finistere GP II, LLC, General Partner i Filing they signed SM **Spencer Maughan** MANAGING PARTNER OF FINISTERE GP III, LLC, GENERAL PARTNER i Filing they signed We also hold **14** 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. ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Sadra Medical](https://millionrounds.com/company/sadra-medical)** Bought by [Boston Scientific](https://millionrounds.com/fund/boston-scientific) **$193M** Nov 2010 **[Athenix](https://millionrounds.com/company/athenix)** Bought by Bayer CropScience **Undisclosed** Aug 2009 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$65M** raised in Jan 2020 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 **$6.7M** the round, not its cheque Led 1 of 13 rounds **8%** - **Said size:** $1.0M – $3.0M - **Sole investor:** Never alone - **Last cheque:** Oct 2024 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Series B said *3* - Series C *3* - Venture *1* - Series A said *1* - Pre-seed *1* - Seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Finistere Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Finistere Ventures put money into. [**BioLumic** $6.7M · May 2019](https://millionrounds.com/company/biolumic)[**ApisProtect** $1.7M · Nov 2018](https://millionrounds.com/company/apisprotect)[**Plenty** $200M · Jul 2017](https://millionrounds.com/company/plenty) ## Mentioned on podcasts Episodes that name Finistere Ventures in their description, not their title. - [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 31 May 2021 · 32 min 284. How the Generational Shift Is Affecting Food, Investing in Vertical Farming and in New Biologics, and Platform Solutions to Food Dilemmas (Spencer Maughan) With [Spencer Maughan](https://millionrounds.com/person/spencer-maughan) Mentions [Finistere Ventures](https://millionrounds.com/fund/finistere-ventures) Apple PodcastsShow page ## Quick answers about Finistere Ventures ### What does Finistere Ventures invest in? Finistere Ventures invests most often at Series B and Series C (67% of the rounds on record), in sectors such as Wearables, Smart Clothes and Clothes. ### How active is Finistere Ventures? 13 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2024. ### What has Finistere Ventures invested in recently? Its most recent investments on record: DNAiTECH (Pre-seed, Oct 2024), BioLumic (Undisclosed round, May 2019) and Invert Robotics (Undisclosed round, May 2019). ### How big are Finistere Ventures's cheques? The median round it joins is $6.7M. It says it writes cheques of $1.0M to $3.0M. ### Does Finistere Ventures lead rounds? Sometimes: it led 1 of its 13 investments on record (8%). ### Where does Finistere Ventures invest? Most of the companies it backs are in the United States (69%), New Zealand (23%) and Ireland (8%). ### Is Finistere Ventures investing now? No investments in the last 12 months; the latest was in Oct 2024. ### What kind of investor is Finistere Ventures? Finistere Ventures is a VC firm based in Palo Alto, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=finistere-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=finistere-ventures)