# First Spark Ventures: portfolio, investments and team

> First Spark Ventures is a vc firm based in United States. 1 investment on record, 1 in the last 12 months, latest Mar 2026.

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

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

# First Spark Ventures

Last cheque observed Mar 2026; 1 cheques on record.

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VC firm Deploying now

Seed Series A Series B Fintech Fin-tech Regtech

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 1 on record

Since the last cheque **249** days **00** hrs **00** min **00** sec

Median round **$45M** Cheque size, as they say **$100K – $5.0M** Rounds led **0 of 1**

Pitch First Spark Ventures

## First Spark Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series B: 100% of its rounds

## What they do

> First Spark Ventures is a Deep Tech venture capital fund investing in breakthrough technologies that make the world healthier, safer, and more productive. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Seed Series A Series B
- **Sectors:** Fintech Fin-tech Regtech
- **Based in:** San Carlos, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **1 appearances**

- **2026** 1 round
- **Mar** **[Unnatural Products](https://millionrounds.com/company/unnatural-products)** Series B · US · Firms' own news pages **$45M** With 8 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 **1 named**

MK **Manish Kothari** Managing Director i Form ADV

We also hold **4** 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

**$175M** gross assets of its funds Oct 2026

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

- **Legal name:** First Spark Ventures, LLC
- **SEC number:** CRD 318886

Who backs their funds

## 1 LP on record in First Spark Ventures's funds

- **Funds:** 1

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

- [**Perot Jain** 1 fund](https://millionrounds.com/fund/perot-jain) Fund Vintage Committed First Spark Ventures - -

## What they claim to have backed

From their own portfolio page (on their website)

**12** of 25 we have independently watched raise

[Flower](https://millionrounds.com/company/flower)[Flower](https://millionrounds.com/company/flower)[Fortune](https://millionrounds.com/company/toku)[Fundamentalresearchlabs](https://millionrounds.com/company/fundamental-research-labs)[Inlyteenergy](https://millionrounds.com/company/inlyte-energy)[Latentai](https://millionrounds.com/company/latent-ai)[Normalcomputing](https://millionrounds.com/company/normal-computing)[Oathsurgical](https://millionrounds.com/company/oath-surgical)[Radicalnumerics](https://millionrounds.com/company/radical-numerics)[Simulon](https://millionrounds.com/company/simulon)[Tidalmetals](https://millionrounds.com/company/tidal-metals)[Unnaturalproducts](https://millionrounds.com/company/unnatural-products) Alljoined Confidencial Curvebio Endometrics Figur8tech Inworld Nimblesci Solopulseco Spacenews Synthlabs Valitorbio Vitara Xonaspace

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.

## The cheque

Seed Series A Series B

Median round joined **$45M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Said size:** $100K – $5.0M
- **Sole investor:** Never alone
- **Last cheque:** Mar 2026

Rounds by stage said on their site

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

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Quick answers about First Spark Ventures

### What does First Spark Ventures invest in?

First Spark Ventures invests most often at Series B (100% of the rounds on record), in sectors such as Fintech, Fin-tech and Regtech.

### How active is First Spark Ventures?

1 investments on record, 1 of them in the last 12 months. The most recent was in Mar 2026.

### What has First Spark Ventures invested in recently?

Its most recent investments on record: Unnatural Products (Series B, Mar 2026).

### How big are First Spark Ventures's cheques?

The median round it joins is $45M. It says it writes cheques of $100K to $5.0M.

### Is First Spark Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is First Spark Ventures?

First Spark Ventures is a VC firm based in San Carlos, United States.

### How much does First Spark Ventures manage?

About $175M, as gross assets of its private funds (Oct 2026).

### When was First Spark Ventures founded?

First Spark Ventures was founded in 2021.

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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=first-spark-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=first-spark-ventures)
