# Hemi Ventures: portfolio, investments and team

> Hemi Ventures is a vc firm based in United States. 10 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team.

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

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

# Hemi Ventures

Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $18M, Mar 2017 VC firm

Pre-seed Seed Series A Protein Gene Therapy Proteomics

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 10 on record

Since the last cheque **2544** days **00** hrs **00** min **00** sec

Median round **$6.0M** Cheque size, as they say **$250K – $500K** Rounds led **0 of 10** Mostly in **United States, 89%**

Pitch Hemi Ventures

## Hemi Ventures highlights

- 01 10 rounds on record
- 02 Mostly Series A and Seed: 100% of its rounds

## What they do

> Hemi Ventures invests in early stage startups From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $500K as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Protein Gene Therapy Proteomics
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **10 appearances**

- **2019** 4 rounds
- **Nov** **[X-37](https://millionrounds.com/company/x-37)** Series A · US · FinSMEs **$15M** With 2 others
- **Oct** **[Smart Radar Systems](https://millionrounds.com/company/smart-radar-systems)** Series A · KR · Prnewswire **$4.0M** With 1 other
- **Mar** **[Skymind](https://millionrounds.com/company/skymind)** Series A · US · TechCrunch **$12M** With 11 others
- **Mar** **[Alcatraz](https://millionrounds.com/company/alcatraz)** US · FinSMEs **$6.0M** With 4 others
- **2018** 5 rounds
- **Oct** **[Paladin Cyber](https://millionrounds.com/company/paladin-cyber)** US · FinSMEs **$3.6M** With 7 others
- **Sept** **[Apprentice.io](https://millionrounds.com/company/apprentice-io)** Series A · US · FinSMEs **$8.0M** With 2 others
- **Aug** **[Nebula Genomics](https://millionrounds.com/company/nebula-genomics)** Seed · US · FinSMEs **$4.3M** With 10 others
- **Aug** **[Ample](https://millionrounds.com/company/ample)** Series A · US · FinSMEs **$31M** With 3 others
- **Mar** **[Scotty Labs](https://millionrounds.com/company/scotty-labs)** Seed · US · FinSMEs **$6.0M** With 11 others
- **2017** 1 round
- **Dec** **[Apprentice.io](https://millionrounds.com/company/apprentice-io)** FinSMEs **$2.5M** With 1 other

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**

YG **Yi Gu** Manager 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

**$35M** gross assets of its funds Oct 2026

**1+** funds on file numbered funds in its name

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

- **Legal name:** HEMI Ventures, LLC
- **SEC number:** CRD 287982

## What they claim to have backed

From their own portfolio page (on their website)

**12** of 24 we have independently watched raise

[Alcatraz AI](https://millionrounds.com/company/alcatraz)[Apprentice](https://millionrounds.com/company/apprentice-io)[BioAesthetics](https://millionrounds.com/company/bioaesthetics)[Epinomics](https://millionrounds.com/company/epinomics)[Melo](https://millionrounds.com/company/melo)[Phase Genomics](https://millionrounds.com/company/phase-genomics)[Phenomic AI](https://millionrounds.com/company/phenomic-ai)[Plus](https://millionrounds.com/company/plus)[Smart Radar System](https://millionrounds.com/company/smart-radar-system)[Tanvas](https://millionrounds.com/company/tanvas)[Tensorflight](https://millionrounds.com/company/tensorflight)[Upfort](https://millionrounds.com/company/upfort) Ample Cypre Heroic Faith Mendo Navan Technologies Paladin Cyber Persephone Point One Navigations Ravel Biotechnology Sense Photonics X-37 metaMe Health

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

**$18M**

raised in Mar 2017

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

## The cheque

Pre-seed Seed Series A

Median round joined **$6.0M** the round, not its cheque

Led 0 of 10 rounds **0%**

- **Said size:** $250K – $500K
- **Sole investor:** Never alone
- **Last cheque:** Nov 2019

Rounds by stage said on their site

- Series A said *5*
- Seed said *2*
- Pre-seed said *-*
- Series B said *-*

Cheques by year Led Joined

2017 2019

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 2

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## Who they invest alongside

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

[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator)

## Recently backed

The latest companies Hemi Ventures put money into.

[**X-37** $15M · Nov 2019](https://millionrounds.com/company/x-37)[**Skymind** $12M · Mar 2019](https://millionrounds.com/company/skymind)[**Alcatraz** $6.0M · Mar 2019](https://millionrounds.com/company/alcatraz)[**Apprentice.io** $8.0M · Sept 2018](https://millionrounds.com/company/apprentice-io)[**Nebula Genomics** $4.3M · Aug 2018](https://millionrounds.com/company/nebula-genomics)

## Quick answers about Hemi Ventures

### What does Hemi Ventures invest in?

Hemi Ventures invests most often at Series A and Seed (100% of the rounds on record), in sectors such as Protein, Gene Therapy and Proteomics.

### How active is Hemi Ventures?

10 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019.

### What has Hemi Ventures invested in recently?

Its most recent investments on record: X-37 (Series A, Nov 2019), Smart Radar Systems (Series A, Oct 2019) and Skymind (Series A, Mar 2019).

### How big are Hemi Ventures's cheques?

The median round it joins is $6.0M. It says it writes cheques of $250K to $500K.

### Does Hemi Ventures lead rounds?

Rarely, if at all: none of its 10 investments on record names it as the lead.

### Where does Hemi Ventures invest?

Most of the companies it backs are in the United States (89%) and South Korea (11%).

### Is Hemi Ventures investing now?

No investments in the last 12 months; the latest was in Nov 2019.

### Who does Hemi Ventures invest alongside?

Most often Y Combinator (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](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=hemi-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=hemi-ventures)
