FJ Labs | Activity | F4

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Team Portfolio Raise Champions Essays

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FJ Labs Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

Essay

Fabrice Grinda published a detailed essay on the impact of AI on marketplaces, arguing AI is more opportunity than threat - identifying cross-border liquidity, supply-side friction reduction, and customer service automation as key AI levers for marketplace operators.

Marketplaces in the Age of AI: Threat or Opportunity?

fabricegrinda.com

Added recently

3 milestonesShow all

Milestone

Plata, the Mexico-based Nubank challenger, raised a $400M Series C at a $5B valuation led by Bicycle Capital, surpassing $600M in revenues in under three years.

Plata $400M Series C at $5B valuation

fabricegrinda.com

Added recently

Milestone

Quince, a top FJ Labs Fund II position, raised a $500M Series E at a $10.1B valuation led by ICONIQ. The factory-to-consumer e-commerce brand is nearing $2B in annual revenue.

Quince $500M Series E at $10.1B valuation

fabricegrinda.com

Added recently

Milestone

Vinted, FJ Labs' second-largest Fund II position, completed an €880M secondary transaction at an €8B valuation. In 2025, Vinted grew GMV to €10.8B with €1.1B revenue and €62M net profit.

Vinted €8B valuation secondary

fabricegrinda.com

Added recently

Exit

FJ Labs portfolio company MEXT, an AI-powered predictive memory technology startup, acquired by AMD generating ~6X return in roughly 6 months from a Series A investment.

MEXT acquired by AMD

fabricegrinda.com

Added recently

New Fund

FJ Labs filed for Fund IV, reporting $73.5M raised as of a March 2026 Form D amendment, continuing its high-volume non-lead marketplace investing strategy.

FJ Labs IV

venturecapitaltracker.com

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Investment

Listed Plaisio as a 2026 seed investment in frontier tech.

Plaisio

Plaisio FJ Labs

Added recently

Investment

Listed Future Machine Labs as a 2026 seed investment in proptech and home improvements.

Future Machine Labs

Future Machine Labs FJ Labs

Added recently

News

Published a Q1 2026 update highlighting portfolio milestones for Vinted, Quince, Plata, Midas, Somos, and Fuse.

FJ Labs Q1 2026 Update

grinda.orgMAY 5, 2026

MAY 5, 2026

5 investments· APR 2026Show all

Investment

Participated in Cata's $5.3M seed round for its F&B and retail digital platform.

Cata

technode.globalAPR 29, 2026

APR 29, 2026

Investment

Yendo raised $50M Series B for vehicle-secured credit card expansion.

Yendo

fabricegrinda.com

Added recently

Investment

Marble Health raised $15.5M Series A to scale school-embedded mental healthcare.

Marble Health

Marble Health FJ Labs

fabricegrinda.com

Added recently

Investment

Spanish marketplace Crescenta raised Series A funding.

Crescenta

Crescenta FJ Labs

tracxn.comAPR 2026

APR 2026

Investment

Philippines-based marketplace Salmon raised Series B funding.

Salmon

tracxn.comAPR 2026

APR 2026

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