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1517 Fund

https://www.1517fund.com
Last activity: 10.09.2025
Active
Invests in categories: SoftwarePlatformTravelLearnHealthTechManagementProductTechnologyManufacturingService
News
26
Portfolio
51
Persons
4
Mentions
20
Employees: 1-10
Investment Type: Venture Capital
Investment Stage: Pre-Seed; Seed; Series A

Portfolio 51

DateNameWebsiteTotal RaisedLocation
29.07.2025Positronpositron.ai$75.1MUnited Sta...
22.02.2023Current Su...currentsurgical.com$3.2MUnited Sta...
12.05.2022WorkMadeworkmade.com$1.9MUnited Sta...
31.01.2022Trilobiotrilo.bio$8MUnited Sta...
26.10.2021Challenger...getchallenger.com-United Sta...
01.07.2021Inaru Vall...inaruvalley.com--
27.05.2021CalWave Po...calwave.energy-United Sta...
23.05.2021Topplewearetopple.com-United Sta...
23.05.2021Upkeepupkeepbeauty.com$2M-
22.05.2021Symbasymba.io--
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Persons 4

DateFirst NameLast NameTitleLinkedInLocation
-NickArnett-linkedin.c...-
-SheaTate-Di Do...Advisorlinkedin.c...-
-DanielleStrachmanFounder an...linkedin.c...-
-Michael Pa...GibsonFounder an...linkedin.c...-

News 26

DateTitleDescription
13.04.20221517 Summit: Escape from CaptivityNearly 10 years ago, I was having lunch with Danielle at a restaurant in Mountain View. It was the first time I'd met her in person; I was a Thiel Fellowship applicant that year but only made it through a few selection rounds before I recei...
28.03.20221517 Medici ProjectBelief capital encourages taking the leap into the unknown. It's when someone you respect puts their resources (this could be money, time, reputation, etc.) on the line before others recognize you as someone deemed worthy of their support. ...
08.09.2021What Pre-Seed Means in 2021When Michael and Danielle founded 1517 Fund in 2015, we were pretty firmly a seed fund. In the six short years since then, the market changed so much that without any major changes in strategy or distribution, 1517 became a pre-seed fund (w...
25.08.2021Don't Let Your Cap Kill You(This post was originally published on February 17, 2019 on Medium.) I’m going to dive in with some quick advice about valuation caps on convertible notes and SAFEs. But this is a great primer to start with. A founder wrote to me this wee...
09.08.2021Announcing 1517 Fund Investment: Upkeep We're thrilled to be supporting Tiffany Faith Demers in her building Upkeep. Upkeep is a vertical SaaS solution for MedSpas to help them better book, organize, and solicit clients for a variety of services. Like Opentable for restaurants,...
28.07.2021How Not to Sabotage Yourself as a Young Non-ConformistWe will update this document with new tips and links to Ask 1517 posts giving detailed examples and insight on social behavior in Silicon Valley and startups in general. This culture guide outlines some habits and behaviors that will help ...
23.06.2021Moving Ahead: Post-Investment and Founder PitfallsThere is a lot of focus out there on how to build relationships with VCs to raise money but there isn’t so much information out there about maintaining that relationship and common pitfalls in the earliest stages of a company once you’ve se...
26.04.2021Chase the Steak, not the Sizzle: Earned MediaIt can seem at times that one of the rites of passage for a growing startup is an article in a publication like TechCrunch. Founders may even proceed to place a "featured in" bar on the startup homepage and include bits and pieces...
12.04.2021You can be rich, or you can be king, but you can't be bothAt 1517 we work with founders on most of their firsts. First hires, first contract negotiations, first real office -- but it starts much earlier than that. One of the things we encounter a lot is first fundraise and first founding team. Wh...
12.04.2021Playing the Long GameNick is the most quiet of us, at least externally, at 1517. But he’s one of those quiet but deadly types. You’re not going to see him on Twitter much — he keeps a low profile, but he’s always insightful and thinking about the big pi...
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Mentions in press and media 20

DateTitleDescription
10.09.2025Astrus: $8 Million Raised To Transform Analog Chip Design With Physics-Aware AIAstrus, a Toronto and Waterloo-based AI startup, has secured $8 million in funding to accelerate development of its physics-aware foundation model for analog chip design. The round was led by Khosla Ventures, with participation from Pradeep...
03.08.2025Figma CEO’s path from college dropout and Thiel fellow to tech billionaireWith Figma more than tripling in its NYSE debut this week, CEO Dylan Field’s stake in the company is worth about $6.6 billion. Field dropped out of Brown University and entered the Thiel Fellowship program over a decade ago. “Dylan is, by f...
31.07.2025Positron Rises: A New Era for AI Inference ChipsPositron directly challenges Nvidia in AI inference chips. It offers energy-efficient, memory-optimized hardware. Atlas, its current chip, slashes power consumption and costs for enterprise AI. Titan, launching 2026, targets future superint...
30.07.2025Positron AI: $51.6 Million Raised For Transforming GenAI With High-Performance Compute SystemsPositron AI, a leader in American-made semiconductors and inference hardware, announced the closing of a $51.6 million oversubscribed Series A round, raising over $75 million this year. Led by Valor Equity, Atreides Management, and DFJ Grow...
29.07.2025Positron believes it has found the secret to take on Nvidia in AI inference chips — here’s how it could benefit enterprisesWant smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now As demand for large-scale AI deployment skyrockets, the lesser-known, private chip ...
09.05.2025Trilobio: The Future of Lab Automation Takes Shape with $8M Seed FundingIn the bustling heart of San Francisco, a revolution is brewing. Trilobio, a trailblazer in lab automation, has secured $8 million in seed funding. This investment, led by Initialized Capital, with support from Argon Ventures and Lowercarbo...
07.05.2025Trilobio: $8 Million Closed For Whole Lab Automation For BiologistsTrilobio, a company building the fully automated robotic lab-in-a-box for biologists, announced it has raised a $8 million seed investment. Initialized Capital led the oversubscribed round, which included participation from Argon Ventures a...
07.05.2025Trilobio raises $8M to deliver whole lab automation for biologistsSan Francisco, US, 06 May 2025: Trilobio, the Company building the fully automated robotic lab-in-a-box for biologists, announces it has raised $8 million USD Seed investment. The oversubscribed round was led by Initialized Capital, includi...
26.02.2025Lambda: $480 Million (Series D) Raised For Expanding AI Cloud PlatformAI Developer Cloud Lambda announced it has raised $480 million in Series D, bringing the total equity capital raised to date to $863 million. The funding round was co-led by Andra Capital and SGW, with participation from new investors Andre...
20.02.2025Lambda Raises $480M to Expand AI Cloud PlatformRelated Posts Henry AI Raises $4 Million in Seed Funding to Automate Commercial Real Estate Transactions Feb 20, 2025 Alteryx Expands Leadership Team with Appointment of Jon Pexton as CFO and Steven Birdsall as CRO Feb 20, 2025 Grow Therapy...
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