Stage FocusPre-Seed, Seed, Series A, Series B+
GeographyUS
TypeVC
Last Activity2026
Industry Focus
Industries
MedtechBiotechRoboticsClimate TechMobilityAdvanced MaterialsAIEnergy TechAgritechSemiconductorsBuilt Environment
Technical BenchStrong
Investor TypeDeepTech Specialist
ExposureMostly DeepTech Investments
Bio
Necessary Ventures is a San Francisco firm founded in 2020 by Neil Devani, who spent the prior decade backing deep tech, hard tech, and AI companies across healthcare, reindustrialization, climate, financial services, and education. It leads $1-2M pre-seed rounds and also invests non-lead from pre-seed through pre-IPO.
Devani's track record includes early investment in Recursion Pharmaceuticals (...
Notable Investments
R
Recursion PharmaceuticalsV
Vicarious SurgicalW
WayveS
SolugenA
Arc BoatsI
Insightful InstrumentsE
EnsoDataB
BrelliumSimilar Funds
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