# M12 - Microsoft's Venture Fund

> M12 - Microsoft's Venture Fund is a VC fund backing Software. See 234 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 234
- Last investment: Jul 2026
- Lead investor: 32%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/m12vc
- X (Twitter): https://www.twitter.com/m12vc
- Website: https://m12.vc

M12 - Microsoft's Venture Fund is a VC fund in San Francisco focused on Software and Artificial Intelligence. M12 - Microsoft’s venture fund, invests in early-stage enterprise software companies with a focus on AI, cloud infrastructure, cybersecurity, developer tools, vertical SaaS, and Web3/Gaming. Since 2016, M12 has invested in over 100 companies, helping startups accelerate growth with unparalleled access to Microsoft.

## Contacts

5 contacts available for M12 - Microsoft's Venture Fund. Shizune tracks 12 team members at M12 - Microsoft's Venture Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/m12?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.7M–$35M |
| Series A | $8.4M–$46M |
| Series B | $17M–$75M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 50 | 21% |
| Artificial Intelligence | 44 | 19% |
| Machine Learning | 29 | 12% |
| Information Technology | 26 | 11% |
| SaaS | 18 | 8% |

150 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 49 | 21% |
| Series B | 29 | 12% |
| Seed | 23 | 10% |
| Series C | 18 | 8% |
| Funding Round | 15 | 6% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 83 | 35% |
| Israel | 9 | 4% |
| United Kingdom | 8 | 3% |
| Canada | 3 | 1% |
| Germany | 2 | 1% |

13 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Peter Lenke | Managing Partner | 1 | https://shizune.co/investors/profile/peter-lenke |
| Priyanka Mitra | Partner | 17 | https://shizune.co/investors/profile/priyanka-mitra |
| Todd Graham | Managing Partner | 16 | https://shizune.co/investors/profile/todd-graham |
| James Wu | Partner | 10 | https://shizune.co/investors/profile/james-wu-855c |
| John Vela | Director of Portfolio Development | 0 | https://shizune.co/investors/profile/john-vela-77d2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mate | Mate provides an AI-powered SOC solution that learns from an organization’s best analysts and builds a contextual data. | $35M | Series A | Jul 28, 2026 |  |
| Vapi | Vapi is a platform that allows the integration of applications and services. It enables users to create, manage, and monitor APIs. It also supports developers in building solutions and facilitates collaboration between teams. Vapi serves industries such as technology, finance, healthcare, and logistics. | $50M | Series B | May 12, 2026 |  |
| Cinder Technologies | From content moderation to responsible AI, Cinder empowers businesses to orchestrate and automate digital safety at scale. Cinder was founded to help organizations foster safe online spaces for everyone. The Cinder platform empowers companies from start-ups to enterprises with end-to-end capabilities to mitigate harm, investigate abuse, and producetrustworthy and reliable AI outcomes. Building your world-class company means keeping your users and community safe—Cinder unlocks faster growth by making safety easy. We work with customers in every industry from frontier AI labs to e-commerce and social media. | $41M | Series B | May 12, 2026 |  |
| Auctor | Auctor is a software platform that provides an AI-driven system designed to support software implementation processes for professional services teams and system integrators. It functions as an “agentic operating system” that captures, structures, and manages project requirements while keeping related conversations, decisions, and artifactsconnected throughout the delivery lifecycle. The platform ingests institutional knowledge and automatically records inputs from discovery sessions and workshops, transforming unstructured data into structured requirements ready for execution. It also generates project materials such as scopes, plans, and documentation, enabling teams to move from discovery to delivery more efficiently while maintaining consistency across outputs. Additionally, Auctor maintains traceability across teams and stages, ensuring alignment between stakeholders and preserving continuity from initial planning through implementation. | $20M | Series A | Apr 15, 2026 |  |
| nEye | NEye Systems develops programmable photonic integrated circuits that integrate high-radix optical circuit switching on silicon chips. These optical switches aim to address challenges in AI and machine learning systems by reducing power requirements and facilitating network expansion. The company's technology, based on over a decade of researchfrom Professor Ming Wu's lab at UC Berkeley, utilizes MEMS-based silicon photonics to create wafer-scale optical circuit switches. These switches are designed to provide direct optical connections among GPUs and memory units, potentially enhancing performance and scalability in data centers. NEye Systems has secured funding from investors, including CapitalG, M12, Micron Ventures, and NVIDIA.​ | $80M | Series C | Apr 14, 2026 |  |
| NeuBird | NeuBird is a first-of-its-kind cloud-based generative operations platform for enterprises. | $19.3M | Venture - Series Unknown | Apr 06, 2026 |  |
| Knox | Knox Systems is a provider of security solutions, dedicated to enhancing safety and efficiency for businesses and organizations. With a focus on innovative technology, Knox Systems offers a comprehensive range of products and services, including access control systems, surveillance solutions, and integrated security management. | $25M | Series A | Mar 17, 2026 |  |
| Didero | The AI agent for procurement | $30M | Series A | Feb 12, 2026 |  |
| Entire | Entire is developing the world's next developer platform, allowing agents and humans to interact, learn, and ship together. | $60M | Seed | Feb 10, 2026 |  |
| Neurophos | Neurophos develops photonic AI processing technology that focuses on hardware solutions for accelerating artificial intelligence inference by replacing traditional electronic compute elements with optical processing units (OPUs). The company’s technology uses ultra-dense optical modulators and silicon photonics to enable computation using light,aiming to support matrix operations central to AI workloads with increased energy efficiency and performance relative to conventional graphics processing units. Neurophos’ offerings include prototype OPUs and development systems designed to integrate into data center environments, and its platform targets engineering teams and compute-intensive applications that demand scalable AI inference capability. The business collaborates with industry partners and investors to advance its optical compute architecture and develop supporting software stacks and hardware modules for deployment. Neurophos also engages in pilot programs and partnerships to test its photonic processors in real-world compute environments and explore integration pathways with existing infrastructure. Its work leverages research in metamaterials and compute-in-memory design to reduce power consumption and enhance throughput for AI inference tasks. | $110M | Series A | Jan 22, 2026 |  |

10 of 234 investments shown.

## Co-investors
- [M12 - Microsoft's Venture Fund](https://shizune.co/investors/profile/microsoftventures) — VC Fund, 169 deals together
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 23 deals together
- [Salesforce Ventures](https://shizune.co/investors/profile/salesforce-ventures) — VC Fund, 16 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 12 deals together
- [Insight Partners](https://shizune.co/investors/profile/insight-partners) — VC Fund, 10 deals together
- [Mayfield Fund](https://shizune.co/investors/profile/mayfield-fund) — VC Fund, 10 deals together

## Similar investors

### Similar industry
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Speedinvest](https://shizune.co/investors/profile/speedinvest) — VC Fund
- [tecnet equity](https://shizune.co/investors/profile/tecnet-equity) — VC Fund
- [aws Gründungsfonds](https://shizune.co/investors/profile/aws-grnderfonds) — VC Fund

## Featured in investor lists
- [Machine Learning Investors](https://shizune.co/investors/machine-learning-investors)
- [Machine Learning VC Funds](https://shizune.co/investors/machine-learning-vc-funds)
- [Machine Learning Investors in Canada](https://shizune.co/investors/machine-learning-investors-canada)
- [Machine Learning VC Funds in Canada](https://shizune.co/investors/machine-learning-vc-funds-canada)
- [Internet VC Funds in Austria](https://shizune.co/investors/internet-vc-funds-austria)
- [Proptech VC Funds in Austria](https://shizune.co/investors/proptech-vc-funds-austria)

## FAQ

### What does M12 - Microsoft's Venture Fund invest in?

M12 - Microsoft's Venture Fund invests primarily in Software, Artificial Intelligence and Machine Learning startups, most often at Series A and Series B stage. Most of the 234 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is M12 - Microsoft's Venture Fund's check size?

M12 - Microsoft's Venture Fund typically joins rounds of $2.7M–$35M at Seed, $8.4M–$46M at Series A and $17M–$75M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds M12 - Microsoft's Venture Fund participates in.

### How do I contact M12 - Microsoft's Venture Fund?

Public channels for M12 - Microsoft's Venture Fund include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at M12 - Microsoft's Venture Fund?

The team at M12 - Microsoft's Venture Fund includes Peter Lenke (Managing Partner), Priyanka Mitra (Partner) and Todd Graham (Managing Partner), among 12 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
