Neo | Activity

Investment

Transfyr came out of stealth announcing $25M in seed funding to capture tacit laboratory knowledge and make scientific work more reproducible. Neo participated in the round.

Transfyr

Transfyr Neo

neo.substack.comAUG 2026

AUG 2026

Milestone

Wispr Flow raised a $280M Series B at a $2B valuation and introduced Notetaker, an AI voice-dictation product.

Wispr Flow

Wispr Flow Neo

neo.substack.comAUG 2026

AUG 2026

Milestone

Etched raised $700M at a $21B valuation and delivered its first inference rack to Jane Street, which led the round.

Etched

Etched Neo

neo.substack.comAUG 2026

AUG 2026

Milestone

Chai Discovery announced a $400M Series C alongside new collaborations with Novartis and argenx.

Chai Discovery

Chai Discovery Neo

neo.substack.comJUL 2026

JUL 2026

Essay

Ali Partovi published Neo's Cursor origin story and framed it as an example of the firm's people-first investing model.

The Cursor prehistory

Cursor Neo

neo.substack.comJUN 22, 2026

JUN 22, 2026

Exit

Portfolio company Cursor agreed to be acquired by SpaceX for $60B in stock, with the deal expected to close in Q3 2026.

Cursor

Cursor Neo

wsj.comJUN 16, 2026 neo.substack.com

JUN 16, 2026

Exit

GPTZero announced plans to join Superhuman to bring its AI and hallucination detectors to more readers and writers.

GPTZero

GPTZero Neo

neo.substack.comJUN 2026

JUN 2026

Investment

Engram launched to build models that learn from your context, with $98M raised from General Catalyst, Kleiner Perkins, Sequoia, and Neo.

Engram

Engram Neo

neo.substack.comJUN 2026

JUN 2026

Investment

Mecka raised $60M to become the data and deployment layer for physical AI.

Mecka

Mecka Neo

neo.substack.comJUN 2026

JUN 2026

Investment

Mirendil closed a $200M Seed round at a $1B valuation to build self-accelerating AI R&D. Neo participated in the round.

Mirendil

Mirendil Neo

neo.substack.comJUN 2026

JUN 2026

Investment

Participated in Altara's $7M Seed round for agentic AI in scientific and industrial R&D.

Altara

Altara Neo

businesswire.comMAY 5, 2026 neo.substack.com

MAY 5, 2026

Milestone

Cognition grew revenue to a $492M run-rate and raised over $1B at a $26B valuation. Devin usage grew >10x in less than half a year.

Cognition

Cognition Neo

neo.substack.comMAY 2026

MAY 2026

Investment

Co-led Liquid's $18M Seed round for a cross-asset 24/7 trading platform.

Liquid

LiquidNeo

finextra.comAPR 29, 2026 neo.substack.com

APR 29, 2026

News

Wall Street Journal featured Neo as one of the highest-performing VC firms of the decade, with returns leaving the rest of the crowd in the dust.

Neo

Neo Neo

neo.substack.comAPR 8, 2026

APR 8, 2026

Neo Activity

Transfyr came out of stealth announcing $25M in seed funding to capture tacit laboratory knowledge and make scientific work more reproducible. Neo participated in the round.

Wispr Flow raised a $280M Series B at a $2B valuation and introduced Notetaker, an AI voice-dictation product.

Etched raised $700M at a $21B valuation and delivered its first inference rack to Jane Street, which led the round.

Chai Discovery announced a $400M Series C alongside new collaborations with Novartis and argenx.

Ali Partovi published Neo's Cursor origin story and framed it as an example of the firm's people-first investing model.

Portfolio company Cursor agreed to be acquired by SpaceX for $60B in stock, with the deal expected to close in Q3 2026.

GPTZero announced plans to join Superhuman to bring its AI and hallucination detectors to more readers and writers.

Engram launched to build models that learn from your context, with $98M raised from General Catalyst, Kleiner Perkins, Sequoia, and Neo.

Mecka raised $60M to become the data and deployment layer for physical AI.

Mirendil closed a $200M Seed round at a $1B valuation to build self-accelerating AI R&D. Neo participated in the round.

Participated in Altara's $7M Seed round for agentic AI in scientific and industrial R&D.

Cognition grew revenue to a $492M run-rate and raised over $1B at a $26B valuation. Devin usage grew >10x in less than half a year.

Co-led Liquid's $18M Seed round for a cross-asset 24/7 trading platform.

Wall Street Journal featured Neo as one of the highest-performing VC firms of the decade, with returns leaving the rest of the crowd in the dust.