PWV Year in Review: 2025 Highlights
From founder conversations and private salons to portfolio milestones and community announcements, PWV spent the year doing what we believe matters most early on: staying close to builders, tracking early signals, and creating space for community and connection.
Written by PWV Team • 1 min read
2025 Year in Review: By the Numbers
A data-driven look at PWV's activity throughout the year
PWV Year in Review: 2025 Highlights
From founder conversations and private salons to portfolio milestones and community announcements, PWV spent the year doing what we believe matters most early on: staying close to builders, tracking early signals, and creating space for community and connection.
January 2025
PWV San Francisco Gathering
The first time in 2025 that PWV all got together in San Francisco. Marked DT's return to SF in years—got to revisit some favorite places like San Tung restaurant and Amoeba Records. Met with Retrace, Monumo, Myriad AI, and Marly teams in person for the first time that week and planned for PWV 2025. Also met with LPs and held 'Landing More Customers: A PWV Founder Event' on the 23rd.
Landing More Customers: A PWV Founder Event
Featured speakers included: Tom Preston-Werner, Co-founder of GitHub, GP at PWV, Gorkem Yurtseven, Co-founder of Fal.ai, Cory O'Daniel, CEO & Co-Founder of Massdriver, Simon Box, CEO of ReSim.ai, and more.
February 2025
Intro to Power Planet
PWV Fund I investment onsite with Keith and Brij from Power Planet.
Intro to Langbase
PWV Fund I investment kickoff meeting with Ahmad Awais from Langbase.
PWV Fund I Investor Gathering
PWV Fund I Investor Dinner & AMA PWV hosted a private gathering of investors, fund-of-funds, and family offices for an AMA with the General Partners focused on the launch of Fund I.
Elicit raises $22M Series A
Elicit raises $22M Series A at $100M valuation led by Spark Capital and Footwork to build the most trusted AI platform for evidence-backed decisions, serving 400,000+ researchers monthly.
March 2025
PWV at SXSW: Founder Pitch & Programming
Jennifer Tacheff participated in SXSW founder pitch programming and was an onsite speaker, engaging early-stage builders across AI, infrastructure, and emerging technologies.
YC Demo Day
General Partner David Price attends YC Demo Day in San Francisco.
PWV Fund I Pre-Close Gathering
PWV hosted a private gathering of LPs, family offices, and fund-of-funds for a conversation with General Partners Tom Preston-Werner, David Thyresson, and David Price ahead of Fund I’s first close.
April 2025
Founder & Friends Happy Hour
PWV hosted an informal gathering of founders and operators in San Francisco, creating space for conversation, connection, and early collaboration across the ecosystem.
May 2025
Intro to Commutator Studios
PWV Fund I investment kickoff meeting with César and Jan from Commutator Studios.
PWV & ReSim.ai Robotics Salon: Production-Ready Physical AI
PWV & ReSim.ai hosted a salon focused on production-ready physical AI and robotics, bringing together builders and innovators working at the intersection of AI and physical systems.
StackOne raises $20M Series A
StackOne raises $20M Series A led by GV (Google Ventures) and Workday Ventures to reinvent SaaS and AI agent integrations with their AI-powered platform.
PWV Fund I Reaches First Close
Fund I officially reached first close, marking a foundational milestone for PWV.
June 2025
Cursor raises $900M Series C
Cursor announces $900M Series C at $9.9B valuation from Thrive, Accel, Andreessen Horowitz, and DST, reaching over $500M in ARR and serving over half of the Fortune 500.
So This Happened
David Price and family welcomed a new member to the family: Drizzle the dog, not the ORM.
PWV Summer Founder Session
PWV hosted a relaxed founder session with founders and General Partners, creating space for candid conversation, shared challenges, and early collaboration across the ecosystem following Fund I's first close. We even had a summer playlist!
David Price attends SuperVenture 2025 in Berlin
General Partner David Price meets with founders and investors in Berlin for SuperVenture 2025.
Shaping AI: Industry Convening at Westminster Palace
Jennifer Tacheff, a member of the PWV team, was honored to present alongside global policymakers and technology leaders on the future of AI and human-centered innovation.
July 2025
Intro to Poke & Wiggle
PWV Fund I investment meeting with Nicky and José from Poke & Wiggle.
fal raises $125M Series C
fal announces $125M Series C led by Meritech with participation from Salesforce Ventures, Shopify Ventures, and Google AI Futures Fund, establishing itself as the generative media platform for developers.
August 2025
PWV Rebrand!
PWV got a fresh new look! New website, new logo, and yes—lots of green. The green is a nod to those old green CRT monitors from our early computer days as kids, learning to code for the first time. The rebrand brings a cleaner, more modern vibe that better represents how we support founders and build community.
Aalo closes $100M Series B
Aalo Atomics closes $100M Series B led by Valor Equity Partners to build their first nuclear power plant (Aalo-X) and scale factory mass-manufactured nuclear energy.
PWV Founder Sessions
PWV hosted a virtual Founder Session with portfolio founders and General Partners, featuring small-group breakouts and shared discussion across companies building globally.
September 2025
Boston Infrastructure Builders Happy Hour
PWV engaged with infrastructure founders and operators in Boston at a community gathering alongside MongoDB Ventures and Step Function VC, as part of ongoing ecosystem coverage in the region.
Colorado Startup Week
PWV engaged with founders and operators during Colorado Startup Week, with David Price speaking onsite in the session “Betting Big on Agents: Founders on Building AI-Native Companies,” exploring the future of agent-based systems and AI-native company building.
Earthmover raises $7.2M Seed Round
Earthmover raises $7.2M seed round led by Lowercarbon Capital to transform Earth science data management with cloud-native tensor storage.
Founder Sessions: San Francisco
PWV hosted a Founder Session in San Francisco focused on fundraising and capital formation, featuring founders, operators, and investors including Tom Preston-Werner, David Price, Topher Conway (SV Angel), Mary D'Onofrio (Crosslink Capital), Scott Johnston (former CEO of Docker), and Johannes Landgraf (Ona, formerly Gitpod).
October 2025
a16z Speedrun Demo Day
General Partner David Price attends a16z Speedrun Demo Day in San Francisco.
Steering Toward the Future: Andover's Framework for 21st-Century Learning
PWV engages in the AI community through education-focused conversations, General partner DT, as an Andover alum, learns about his alma mater's skills-first teaching approach to AI in education. Examples included using AI as simulation for oral exam practice, the 'seven-prompt essay' grading conversation logs rather than AI output, and students creating fake historical documents to strengthen critical thinking. The framework emphasizes AI as a supportive tool—not a replacement for human judgment—preparing students to think clearly in an AI-augmented world.
VoidZero announces Vite+
VoidZero unveils Vite+ at ViteConf Amsterdam - a unified, commercially-licensed toolchain for JavaScript built on open source foundations.
Shaping the Future of AI: University of Cambridge
Jennifer Tacheff, a member of the PWV team, led a program with the University of Cambridge, Noesis, and the Leverhulme Centre for the Future of Intelligence involving global policymakers and leaders from frontier AI organizations.
MIT Media Lab Workshop: Benchmarks for Human Flourishing with AI
David Price attended the MIT Media Lab workshop on 'Benchmarks for Human Flourishing with AI', exploring frameworks for measuring and ensuring positive outcomes as AI technology advances.
Progress Conference
David Price attended the Progress Conference, featuring discussions on technological progress and human flourishing, including Tyler Cowen interviewing Sam Altman.
PWV Founder Meetup: The AI Capital Bubble
PWV hosted a virtual Founder Meetup focused on the dynamics of AI-driven capital formation, convening founders and General Partners for an open discussion on market signals, risk, and strategic decision-making in the current funding environment.
PWV Fund I Announced Publicly
Ideas start with founders. Founders start with PWV. PWV publicly announced the launch of Fund I, with Tom Preston-Werner outlining the fund's vision and approach in a blog post focused on building and backing extraordinary companies.
Poke & Wiggle Launches World's Largest Public Robotics Data Farm
At a robotics hackathon sponsored by NVIDIA, Hugging Face, BMW, Siemens, and TUM, Poke & Wiggle achieved a significant industry milestone with the launch of the world's largest public robotics data farm.
November 2025
Cursor raises $2.3B Series D
Cursor announces $2.3B Series D at $29.3B valuation, crossing $1B in annualized revenue with millions of developers using the AI-powered code editor.
Milestone raises $10M Seed Round
Milestone raises $10M in seed funding led by Heavybit and Hanaco Ventures to build the most trusted AI platform for maximizing ROI of generative AI coding for enterprises.
Founder Sessions: How to Hire the Best Talent
PWV hosted a virtual Founder Session on early-stage hiring, featuring Martin Kess (Purplefish) and the PWV General Partners, focused on sourcing, evaluating, and scaling technical teams.
BOOST 6 Demo Day
PWV engaged with founders and industry leaders at BOOST 6 Demo Day, Suffolk Technologies' built environment accelerator showcase, focused on innovation across construction, design, real estate, and infrastructure.
PWV Featured in ProSieben Documentary
Tom Preston-Werner was featured alongside Ralf Schönherr of Myriad AI in a ProSieben documentary reaching an audience of over 10 million, highlighting perspectives on technology, innovation, and the future of AI.
December 2025
fal raises $140M Series D
fal announces $140M Series D funding led by Sequoia, Kleiner Perkins and NVIDIA to scale their generative media platform globally.
PWV Founder Holiday Toast
PWV hosted a year-end Founder Holiday Toast, bringing together founders and the PWV team to close out the year and celebrate the community.
