Liquid 2 Ventures

Liquid 2 Ventures is a San Francisco-based venture capital firm founded in 2015 that provides seed- and early-stage capital to technology startups. The firm supports founders across technology sectors and seeks to partner with ambitious teams developing innovative software and related technologies.

Michael Ma

General Partner

Mike Miller

General Partner

Nathaniel Montana

General Partner

Elizabeth Montana-Luciano

Director of Operations

Matthew Mulvey

Partner

Past deals in Embedded Software

XTraffic

Pre Seed Round in 2024
XTraffic is a technology company specializing in embedded software solutions for traffic management. It focuses on enhancing traffic light systems, aiming to improve road safety and reduce traffic congestion. The company's core product is a sensor technology that enables autonomous control and coordination of traffic signals, transforming existing infrastructure into a self-optimizing network. This innovation helps commuters, including working professionals and daily travelers, save time and avoid traffic.

Binarly

Seed Round in 2024
Binarly is a global firmware and software supply chain security company founded in 2021 and based in Los Angeles. Its flagship Binarly Transparency Platform is an enterprise-class, AI-powered solution used by device manufacturers, original equipment manufacturers and product security teams to identify known and unknown vulnerabilities, misconfigurations and signs of malicious code implantation. The platform performs in-depth firmware introspection using proprietary machine learning and code analysis techniques to detect threats that originate below the operating system. Validated remediation playbooks help reduce the cost and time to respond to security exposures, supporting protection for businesses, critical infrastructure and consumers worldwide.

Metalware

Seed Round in 2023
Metalware accelerates hardware development by automating low-level programming, enabling faster embedded systems launches.

Salient Motion

Pre Seed Round in 2022
Salient Motion develops advanced motion control and actuation components tailored for diverse industrial applications. Their modular hardware and software integrate seamlessly, supporting precise servo control even in harsh environments.

Jitx

Series A in 2022
JITX Inc. is a technology company based in Berkeley, California, that specializes in providing electronic design as a service. Founded in 2016, JITX focuses on circuit board design, utilizing its proprietary technology to automate routine, error-prone tasks in the design process. This approach leverages artificial intelligence, optimization, compiler, and programming language techniques to enhance the quality and efficiency of custom circuit board designs. By streamlining the design workflow, JITX enables businesses to develop high-quality electronics more quickly and at a lower cost compared to traditional methods.

Integrated Reasoning

Pre Seed Round in 2022
Integrated Reasoning develops specialized computer hardware designed to efficiently tackle optimization problems. Their technology enables faster and more cost-effective solutions for complex tasks such as scheduling airline pilots or optimizing cargo loading.

SafeBeat Rx

Pre Seed Round in 2021
SafeBeat Rx is a technology company specializing in advanced electrocardiogram solutions aimed at enhancing cardiac care. The company has developed software that facilitates remote patient monitoring, continuous telemetry, and event monitoring, significantly reducing the need for prolonged hospital stays for cardiac patients. By leveraging automated artificial intelligence, SafeBeat Rx's technology allows for safe medication initiation for arrhythmia patients while enabling effective monitoring of cardiac implantable electronic devices. This innovative approach expands access to cardiac care, allowing patients to receive essential services from the comfort of their homes.

Copia Automation

Seed Round in 2021
Copia Automation is a technology company that specializes in providing modern developer tools tailored for industrial automation engineers. Their primary product offers Git-based source control for Programmable Logic Controller (PLC) programming, enhancing version control, change visibility, and collaboration. This streamlines machinery commissioning and operation, leading to faster delivery times and maximized uptime for clients across various industries.

Copia Automation

Seed Round in 2020
Copia Automation is a technology company that specializes in providing modern developer tools tailored for industrial automation engineers. Their primary product offers Git-based source control for Programmable Logic Controller (PLC) programming, enhancing version control, change visibility, and collaboration. This streamlines machinery commissioning and operation, leading to faster delivery times and maximized uptime for clients across various industries.

Edge Impulse

Seed Round in 2020
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.

Edge Impulse

Seed Round in 2019
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.

Memfault

Seed Round in 2019
Memfault Inc. is a San Francisco-based company that specializes in providing solutions for firmware delivery, monitoring, and diagnostics tailored to embedded systems. Its platform assists hardware companies in identifying and resolving embedded software bugs, thereby enhancing the reliability of their devices. Memfault enables users to manage software updates and deployments efficiently, offering features such as staging and reverting rollouts by segments, monitoring deployment statuses, and targeting specific devices with custom builds. Additionally, the company’s tools allow users to analyze trends in battery life and device performance, capture backtraces and local variables during errors, and customize error conditions. By streamlining the debugging process, Memfault empowers consumer electronics, industrial automation, and IoT businesses to innovate more rapidly while maintaining product stability and reliability.

Memfault

Pre Seed Round in 2019
Memfault Inc. is a San Francisco-based company that specializes in providing solutions for firmware delivery, monitoring, and diagnostics tailored to embedded systems. Its platform assists hardware companies in identifying and resolving embedded software bugs, thereby enhancing the reliability of their devices. Memfault enables users to manage software updates and deployments efficiently, offering features such as staging and reverting rollouts by segments, monitoring deployment statuses, and targeting specific devices with custom builds. Additionally, the company’s tools allow users to analyze trends in battery life and device performance, capture backtraces and local variables during errors, and customize error conditions. By streamlining the debugging process, Memfault empowers consumer electronics, industrial automation, and IoT businesses to innovate more rapidly while maintaining product stability and reliability.

Radix Labs

Seed Round in 2018
Radix Labs is a software development company based in the United States, specializing in solutions for laboratories. The company's software enables biologists to automate their laboratory processes and experimentation, enhancing efficiency and productivity. Radix Labs positions itself as the operating system for laboratories, facilitating seamless integration with existing on-premise hardware and supporting equipment from various manufacturers. This flexibility allows laboratories to optimize their operations while leveraging current technology.

Mason America

Seed Round in 2016
Mason America, Inc. is a Seattle-based company specializing in the development of hardware and customized software solutions for smart devices. Established in 2015, Mason offers a unique platform that enables businesses to create, manage, and scale custom Android devices efficiently. This platform significantly accelerates the process of bringing smart devices from concept to market, reducing both time and cost. Mason provides a fully managed infrastructure that simplifies software delivery for dedicated devices, whether they are tablets, wearables, or other formats. The company handles critical aspects such as inventory procurement and logistics, while offering features like remote fleet management, troubleshooting, and automated software updates to enhance security and user experience. By allowing organizations to focus on application development and user experience, Mason effectively mitigates the risks associated with hardware investments, making it a valuable partner for businesses seeking to innovate without the complexities typically involved in hardware-dependent initiatives.
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