AI-focused venture fund by Nat Friedman and Daniel Gross, deploying $1.1B from seed to growth in AI and technology startups. Fund stake acquired by Meta in 2025.

San Francisco, United States · 13+ investments

Seed
Early Stage
Growth
Artificial Intelligence
Developer Tools
SaaS
Headquarters
San Francisco, United States
Founded
2023
Website
nfdg.com
AUM
$1.1B
Total Investments
13
Last Investment
Nov 2025
Geographic Focus
United States

Investment Thesis

Back the most ambitious AI founders from seed to growth; provide access to scarce GPU compute alongside capital to accelerate technical breakthroughs.

NFDG is a Venture Capital firm based in San Francisco, United States. It has made 13 investments in Artificial Intelligence and Developer Tools.

Investment History

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