What We’ve Learned From Investing in Deep Tech
A month ago, we published a post outlining our latest thesis update, “We back mission-driven founders who are early in new areas.” In it, we expanded on the types of founders and opportunities we’re looking for: “We’re interested in those rare opportunities where a founder is creating a brand new category. These opportunities are fringy […]
Introducing our investment in Bedrock Materials – to produce a low-cost, easy-to-source alternative to lithium-ion batteries
As you may have read in our thesis update last week, we have been spending more and more time in the deep/hard tech space, making our first six investments since 2021. Today, we’re excited to share that we co-led the $9 million seed round of Bedrock Materials, a Chicago-based startup that manufactures the active materials […]
An update on Version One’s thesis: Backing mission-driven founders who are early in new areas
At Version One, an investment thesis has always been more than just defining a market sector or company stage. It has been the North Star that guides and keeps us centered amidst all the noise in early-stage VC, of which there has been a lot over the past decade! Our investment philosophy is so core […]
Q1 2024 Portfolio in Review
The first quarter of 2024 is gone as quickly as it came. And like most starts to the year, this one was full of great launches and announcements. Here’s a brief overview of some of the highlights. Launches The ether.fi Foundation launched ETHFI, the ether.fi governance token. This token launch empowers ether.fi’s growing ecosystem to […]
Q4 2023 Portfolio Review
Here we are, a week into the new year, and we hope everyone had a wonderful and warm holiday season. Before we move full steam ahead into 2024, let’s reflect on the past quarter to gather inspiration and momentum from our incredible V1 family. As always, this news reflects just a snapshot of the activity […]