# Mark Fones

> Mark Fones is a seed investor at SQM Lithium Ventures backing Rental and Hardware. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [SQM Lithium Ventures](https://shizune.co/investors/profile/sqm-lithium-ventures)
- Total investments: 2
- Last investment: Jul 2025
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/mark-fones-5906478a/

Mark Fones is a seed investor at SQM Lithium Ventures focused on Rental and Hardware. Mark Fones

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Rental | 1 | 50% |
| Hardware | 1 | 50% |
| Electric Vehicle | 1 | 50% |
| Air Transportation | 1 | 50% |
| Last Mile Transportation | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Series A | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vok Bikes | We build heavy-duty cargo bikes and rent them out to on-demand delivery companies and their couriers — no surprises, no extra fees. Currently active in Tallinn and Vilnius and expanding to London and Berlin Q4 2021. | $5.9M | Series A | Jul 02, 2025 |  |
| Kite Magnetics | Electric motors enabling electric aircraft of all sizes to fly further, carry more and emit less. The future of aviation is electric. | $2.3M | Seed | May 19, 2025 |  |

2 of 2 investments shown.

## Co-investors
- [SmartCap](https://shizune.co/investors/profile/as-smartcap) — VC Fund, 1 deal together
- [Boson Ventures](https://shizune.co/investors/profile/boson-ventures-64cb) — VC Fund, 1 deal together
- [Breakthrough Victoria](https://shizune.co/investors/profile/breakthrough-victoria) — VC Fund, 1 deal together
- [Investible](https://shizune.co/investors/profile/investible) — VC Fund, 1 deal together
- [Metaplanet](https://shizune.co/investors/profile/metaplanet-holdings) — VC Fund, 1 deal together
- [Monash investment holdings](https://shizune.co/investors/profile/monash-investment-holdings) — VC Fund, 1 deal together

## About SQM Lithium Ventures

VC Fund

SQM Lithium Ventures is an investment firm.

1 contacts available at SQM Lithium Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Mark Fones | CEO SQM International Lithium Division | https://shizune.co/investors/profile/mark-fones-862d |

## Similar investors

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

## FAQ

### What does Mark Fones invest in?

Mark Fones invests primarily in Rental, Hardware and Electric Vehicle startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Mark Fones last invest?

The most recent investment recorded for Mark Fones closed in Jul 2025. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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