SOSV

SOSV is an American venture capital firm that provides pre-seed, seed, Series A and later stage funding to deep tech startups that join its startup development programs, which are located in New York City, Newark, New Jersey, and San Francisco.^[1][2]

SOSV

Company type	Private company
Industry	Venture capital and private equity
Founded	1995
Founder	Sean O'Sullivan
Headquarters	Princeton, New Jersey , United States
Number of locations	Cork, New York City, Newark, Pune, Princeton, San Francisco, Shenzhen, Tokyo
Services	Venture funding
Number of employees	100+ (2023)
Website	www.sosv.com

SOSV was founded in 1995 by Sean O'Sullivan.^[3] It is headquartered in Princeton, New Jersey, with additional offices in Cork, Pune, Shenzhen and Tokyo.^[4][5][6][7]

History

In July 2018, then governor of New York state Andrew Cuomo announced that the state would invest $25 million in an IndieBio facility in New York City.^[6] In January 2023, SOSV opened a 30,000 sq. ft. IndieBio NY at 7 Penn Plaza in Manhattan.^[8]

In December 2020, TechCrunch's former COO, Ned Desmond joined SOSV as senior operating partner.^[9][10]

As of November 2021, SOSV has backed approximately 150 startups that are developing climate technologies, with a focus on the transport, supply chain, logistics, and agriculture sectors.^[11][12]

In September 2021, the New Jersey Economic Development Authority announced that the state was investing $25 million to establish a HAX location in Newark, New Jersey.^[7]

The new 35,000 sq ft HAX office in Newark, New Jersey opened officially in April 2024.^[13][14]

Investments

SOSV invests in startups that specialize in deep tech, including climate and health.^[15][16][17] Notable companies within its portfolio include Opentrons, Formlabs, NotCo, Prolific Machines, unSpun, Neptune Robotics, Smartex, and BitMEX.^{[18][19][20][21][22]}

In 2020, SOSV closed its fourth fund totalling $277 million.^[23]

In 2021, SOSV closed a $100 million Select Fund.^[2]

In 2024, SOSV closed its fifth core fund, totalling $306 million.^[24]

Programmes

SOSV runs the following programmes:

• HAX, a development program headquartered in Newark, NJ for startups focused on hard tech in categories including Industrial decarbonization, automation, robotics, and human health.^[25][7]
• IndieBio, a startup development program centered on life sciences and addressing human and planetary health, with offices in New York City and San Francisco.^[26][27][21]