First Star Ventures

First Star Ventures is an early-stage venture capital firm investing in visionary, technical founders in frontier computing technologies.

Venture Capital Active Cambridge, United States Est. 2014
Last updated 2026-07-20
Portfolio
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in our dataset
Rounds participated
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Rounds led
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Rounds' value
total disclosed, rounds participated
Stages

About

First Star Ventures is a venture capital firm founded in 2014, based in Cambridge, Massachusetts. The firm, originally known as Procyon Ventures, rebranded to First Star Ventures to better reflect its focus on frontier computing technologies. They primarily invest in early-stage startups (pre-seed, seed, and seed-plus stages) that are innovating in areas such as artificial intelligence, machine learning, decentralization, edge computing, and techbio. First Star Ventures emphasizes a conviction-based investment approach, seeking companies with the potential for rapid growth and defensible technologies. They aim to be the first institutional investor and provide both capital and strategic guidance to help startups scale effectively.

Portfolio

No portfolio companies in this dataset yet.

Investment activity

Portfolio by sector

Agriculture & Food Technologies1

Q&A

What is First Star Ventures' most recent investment?
First Star Ventures participated in a Seed round in September 2024. The specific company name is not available in the provided data.
What is a notable portfolio company for First Star Ventures?
First Star Ventures is an investor in Enzymit, a B2B company founded in 2020 that focuses on cell-free bioproduction.
What was First Star Ventures' investment in Enzymit?
First Star Ventures participated in Enzymit's Series A round, which raised $17M.
What is First Star Ventures' sector focus?
First Star Ventures has shown a focus on the Agriculture & Food Technologies sector, with one portfolio company and two investment rounds in this area.
What stages does First Star Ventures typically invest in?
First Star Ventures has participated in both Seed and Series A funding rounds.
What is the typical investment range for First Star Ventures?
First Star Ventures typically invests between $5.5M and $10M.
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Identifiers & details

Founded2014