Section 32 is a Palo Alto, California-based venture capital firm. Value Add VC tracks 6 companies Section 32 has invested in and 6 venture rounds it took part in (2 as lead).
Section 32 key facts (as of )
| Fact | Value | Source |
|---|---|---|
| Headquarters | Palo Alto, California, USA | SEC Form ADV (IAPD), October 18, 2026 |
| Founded | 2017 | TechCrunch, October 3, 2026 |
| Type | Venture capital firm | Value Add VC classification |
| Venture rounds tracked | 6 (led 2, joined 4) 5 in the last 12 months | Recent deals table on this page (each round cites its source) |
| Portfolio companies tracked | 6 | Portfolio list on this page |
Recent deals we track
6Track record: led 2 and participated in 4 of 6 tracked venture rounds · 5 in the last 12 months · led 1 Series C, 1 Series E
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Nov 13, 2026 | Mirendil | Series A | Participated | $1B | — | Kleiner PerkinsLeadunverifiedBattery VenturesunverifiedGoogleunverifiedM13unverifiedPear VCunverifiedSection 32unverifiedClearlake CapitalDoerr CapitalGil & Co | Pulse 2.0 |
| Sep 24, 2026 | BigHat Biosciences | Series C | Participated | $75M | — | DFJ GrowthLeadPremji InvestLeadCatalio Capital ManagementLG Technology Ventures8VCAndreessen HorowitzEli Lilly and CompanyMerck Global Health Innovation FundQuadrille CapitalGRIDS CapitalIntermountain VenturesSection 32Sigmas GroupAmgen VenturesAlexandria Venture InvestmentsDiscovery Ventures | BioSpace |
| Sep 23, 2026 | Basecamp Research | Series C | Led | $140M | — | Section 32LeadMenlo VenturesNvidiaNATO Innovation FundCatalio Capital ManagementTrue VenturesRockefeller Foundation | PR Newswire |
| Sep 23, 2026 | Ema | Series B | Participated | $77M | — | TechCrunch | |
| Sep 22, 2026 | Snorkel AI | Series E | Led | $350M | $3.5B | PR Newswire | |
| Sep 2021 | Cohere | Series A | Participated | $40M | — | Wikipedia |
Is something wrong on this page?
We track Section 32 but have little verified detail yet.
At a glance
Section 32 appears in 6 funding rounds tracked by ValueAddVC since 2021, leading 2. Its most frequent sectors in these rounds are AI & Infrastructure and Health & Biotech, and its most recent tracked deal was Mirendil's $1B Series A round (Nov 13, 2026). It co-invests most often with Catalio Capital Management.
Strategy
Portfolio
6 totalSector / Stage Activity
Co-Investors
12Value Add Research
Latest Pulse
- Oct 29, 2026Cohere Targets CAD $35.7B Valuation In New Series ECohere announced the initial close of a Series E round targeting up to CAD $7 billion that would value it at CAD $35.7 billion, led by Germany's Schwarz Group.→
- Sep 24, 2026BigHat Biosciences Raises $75M To Scale AI Antibody DesignBigHat Biosciences closed a $75 million Series C co-led by DFJ Growth and Premji Invest, taking total funding to $223 million as its AI-designed antibody-drug conjugate enters a Phase 1 trial for gastric cancer.→
- Sep 23, 2026Ema Raises $77M As AI Agents Eat Enterprise SoftwareEma raised a $77 million Series B led by Creaegis, more than quadrupling its valuation since 2024, as its AI agent teams for HR, IT and finance report 180% net dollar retention and 50-fold revenue growth in two years.→
- Sep 22, 2026Snorkel AI Raises $350M, Triples Valuation To $3.5BSnorkel AI raised a $350 million Series E co-led by Insight Partners and Section 32 at a $3.5 billion valuation, nearly triple its mark from 17 months ago, as its data-as-a-service revenue run rate crossed $375 million.→
Section 32 FAQ
What stage does Section 32 invest at?
In the rounds Value Add VC tracks, Section 32's deals were most often Series A (2), Series C (2) and Series B (1); it led 1 Series C and 1 Series E.
What companies has Section 32 backed?
Companies Value Add VC tracks as Section 32 investments include Mirendil, Cohere, BigHat Biosciences, Basecamp Research, Ema and Snorkel AI.
Where is Section 32 based?
Section 32 is headquartered in Palo Alto, California, USA and was founded in 2017, according to SEC Form ADV (IAPD) and TechCrunch.
Who does Section 32 co-invest with most?
In the rounds Value Add tracks, Section 32 most often invests alongside Nvidia (3 shared deals), Andreessen Horowitz (2 shared deals), Catalio Capital Management (2 shared deals), Prosperity7 Ventures (2 shared deals), 8VC (1 shared deal).
Sources & methodologyshow
- PR Newswireprimary source1 fact
- PR Newswireprimary source1 fact
- TechCrunchmajor outlet1 fact
- BioSpaceresearch database1 fact
- Pulse 2.0Value Add VC data1 fact
- WikipediaValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.