Founder-first venture fund

Net Product Utilization

NPU is Shevy Karbasi and Matthew Chen . And a network that keeps growing.

We built a company from zero, took it through YC, and scaled it nationwide. Now we’re in your corner from the first check.

Get in touch See what you get
Our network

The people behind you

When NPU backs you, you tap a network of operators and advisors across biotech, deeptech, defense, AI, and infrastructure. People who have built it, ready to help you build it too. You are wired into all of it from day one.

Where our network has built
What we back

We back the founder, early

At the earliest stage, the founder is the business: the lifeblood, the conviction, the will to turn nothing into something real. We write pre-seed and seed checks on grit, judgment, and obsession with the problem, backing applied AI that compounds on proprietary data earned in the real world. Then we stay close once we are in.

Portfolio

Oruk

Speech models that hear emotion, intent, and tone.

Applied AI / Speech · Partnered 2026

Nathan Roll

Almach Bio

A one-time cell therapy to free transplant patients from anti-rejection drugs.

Biotech / Cell therapy · Partnered 2026

Ivan Dimov

New investment

Signing shortly

Closing soon

New investment

Final diligence

Closing soon

New investment

Term sheet signed

Closing soon

New investment

Docs in review

Closing soon

New investment

Final diligence

Closing soon

New investment

Signing shortly

Closing soon
In your corner

More than a check

We have been through it ourselves. You get both of us, hands-on from day one.

01

First customers.

Go-to-market and the early conversations, with Shevy.

02

Product and scale.

Product, technical judgment, and growing without breaking, with Matthew.

03

Introductions.

Operators and advisors we know, when you need them.

04

Founder toolkit.

Perks, templates, and guides for early teams.

See the toolkit
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We built Moichor together YC W21
Shevy Karbasi General Partner

Customers, growth, and turning conviction into traction.

Matthew Chen General Partner

Product, technical diligence, and scaling without breaking.