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Investing in Disruptive Tech Startups Across America

Mercury Fund is an early-stage VC firm investing in disruptive AI and Blockchain startups outside of Silicon Valley.

Anchored in Texas and the broader Central U.S., Mercury leads Seed and Series A rounds in capital efficient startups reimagining core industries including fintech, healthcare, retail, energy, manufacturing, logistics, and defense.

Mercury is an operationally-focused VC. Our platform provides repeatable systems and processes, and unique resources, for entrepreneurs at the earliest stage of product growth, GTM activity, and capital formation.

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Recent Portco News

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cart.com
Cart.com Closes $180M Round to Expand AI Capabilities

Congratulations to Mercury Fund portfolio company, Cart.com, on their $18M growth equity round led by Springcoast and with participation from Mercury Fund, Oak HC/FT, and strategic investor PayPal, through its venture investment arm.

“With long-term capital and aligned partners, we believe we can accelerate innovation across our platform, expand our AI capabilities, continue improving automation across our operations, and pursue sustainable profitability as we grow.” – Omair Tariq, CEO and co-founder.

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Bitgo
BitGo IPOs on the NYSE

BitGo went public today as the first IPO of 2026, with shares trading on the NYSE under the ticker BTGO.

Since 2013, BitGo has built regulated, institutional-grade digital asset infrastructure spanning custody, wallets, staking, trading, financing, and settlement. This public debut marks a major step for the industry and points to the institutionalization of blockchain and crypto. BitGo acquired Mercury portfolio company Brassica in 2024, expanding its escrow and custodial infrastructure capabilities.

Congratulations to Mike Belshe, CEO and Co-Founder, and the entire team on this milestone.

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Plasma
Plasma Launches Mainnet and XPL with $2B TVL

Mercury portfolio company Plasma, a Bitcoin sidechain focused on stablecoins, has launched its mainnet and native token XPL. At launch, the platform recorded $2B in stablecoin TVL, positioning Plasma among the world’s top 10 blockchains with a fully diluted valuation above $8B. Congratulations to CEO Paul Faecks, CTO Hans Behrens, and the entire team on this milestone.

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Ambiq Micro
Ambiq Heads to the NYSE

Congratulations to Ambiq CEO Fumihide Esaka, founder and CTO Scott Hanson and the entire team on their IPO. A pioneer in ultra-low-power semiconductor design, Ambiq’s SPOT® technology enables AI to run locally on devices without draining battery life. From wearables to industrial IoT, Ambiq’s innovation is well-timed as edge computing becomes essential across industries.

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OmniScience
CEO Angela Holmes Named AI Entrepreneur of the Year

Angela Holmes, CEO and Co-Founder of OmniScience, has been named AI Entrepreneur of the Year by Women in AI. Angela was recognized for her visionary leadership in building Vivo, the first agentic AI control tower for clinical trials, driving real-world impact across the life sciences industry. Under her direction, OmniScience is transforming how biotech and pharma teams use AI to accelerate development, reduce delays, and deliver treatments faster.

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Molecule
Molecule Raises Series B to Scale AI-Enabled ETRM Platform

Congratulations to CEO Sameer Soleja and the Molecule team on their Series B funding, led by Sundance Growth. Molecule’s AI-enabled, SaaS-based ETRM platform is transforming how energy and commodities traders manage complex, multi-commodity portfolios with speed, precision, and scalability. This round will fuel continued innovation, global growth, and Molecule’s mission to deliver the most advanced ETRM platform in the market.

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Contact Us

Houston
3737 Buffalo Speedway
Suite 1750
Houston, TX 77098
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106 E 6th Street
Suite 900
Austin, TX 78701
Detroit
1420 Washington Blvd
Suite 301
Detroit, MI 48226
Chicago
330 N. Wabash, 23rd Floor
Chicago, IL 60611
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