United States · Investor

Hanabi Capital

Last cheque observed Oct 2026; 6 cheques on record.

Deploying nowNew fund, Aug 2026VC firm

SeedSeries AArtificial IntelligenceSoftware Infrastructure

Deploying now
100%of best year6cheques in 12 months, 6 on record
Since the last cheque3days00hrs00min00sec
Median round$100MRounds led0 of 6Mostly inUnited States, 100%
Pitch Hanabi Capital

Hanabi Capital highlights

  1. 01

    6 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 83% of its rounds

What they do

Hanabi is an early-stage venture capital firm based in Palo Alto, investing primarily in Artificial Intelligence and Software Infrastructure.From their own website
Type
VC firm
Cheque size
Not stated
Stages
SeedSeries A
Sectors
Artificial IntelligenceSoftware Infrastructure
Based in
Palo Alto, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first6 appearances

  1. 2026

    6 rounds

  2. Oct
    Foundry RoboticsSeries A · US · Wowtale$100MWith 7 others
  3. Aug
    SimileSeries B · US · TechCrunch$200MWith 7 others
  4. Jun
    Generalist AISeries B · US · Ventureburn$400MWith 13 others
  5. Feb
    SimileSeries A · US · TechCrunch$100MWith 7 others
  6. Jan
    FLORASeries A · US · TechCrunch$42MWith 23 others
  7. Jan
    LiveKitGrowth · US · TechCrunch$100MWith 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

Named by the firm itself, on a filing, its Form ADV or its company registration1 named

MVMichelangelo VolpiManaging Member of the General PartneriFiling they signed

We also hold 3 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.

Who they invest alongside

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

Recently backed

The latest companies Hanabi Capital put money into.

On podcasts

1 episode naming Hanabi Capital in the title.

Quick answers about Hanabi Capital

What does Hanabi Capital invest in?

Hanabi Capital invests most often at Series A and Series B (83% of the rounds on record), in sectors such as Artificial Intelligence and Software Infrastructure.

How active is Hanabi Capital?

6 investments on record, 6 of them in the last 12 months. The most recent was in Oct 2026.

What has Hanabi Capital invested in recently?

Its most recent investments on record: Foundry Robotics (Series A, Oct 2026), Simile (Series B, Aug 2026) and Generalist AI (Series B, Jun 2026).

How big are Hanabi Capital's cheques?

The median round it joins is $100M.

Does Hanabi Capital lead rounds?

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

Where does Hanabi Capital invest?

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

Is Hanabi Capital investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

Who does Hanabi Capital invest alongside?

Most often Index Ventures (4 rounds together), Guillermo Rauch (3 rounds together) and Bain Capital Ventures (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it