Matt Fates

Investor at Innospark Ventures

Boston, Massachusetts

Overview

Matt Fates is an Early Stage Investor with a focus on AI, currently serving as a Partner at Innospark Ventures. With a background in Venture Capital and extensive experience in startup consulting, he has successfully invested in companies like BioIntelligence Technologies and Persist AI, showcasing a strong track record in identifying and supporting innovative startups in the AI and tech sectors. Having held key roles at Ascent Venture Partners and TBD Angels, Matt has demonstrated expertise in strategic planning, financial analysis, and deal sourcing, while also establishing a strong network within the startup ecosystem. His education includes an MBA from The Tuck School of Business at Dartmouth and a BA from Yale University, further solidifying his foundation for successful investing and business growth.

Work Experience

Innospark Ventures

Partner - AI VC
2021 - Current
Innospark is focused on early stage investments in computational intelligence (AI, ML, deep data analytics) and partners with founders to build impactful companies. I am involved in all aspects of sourcing, diligence and supporting the Innospark portfolio companies. Active companies include Antiverse, BioIntelligence, Dyania Health, Haloo, ODAIA Intelligence, Via Scientific and Zeta Surgical.

Innospark Ventures is a new breed of early-stage venture capital firm, investing in impact-driven AI startups in Boston/New England.

innosparkventures.com

Ascent Venture Partners

General Partner
2002
I work closely with a handful of companies as an active board member and adviser to the senior management team. Prior investments include Broadband Access Systems (acquired by ADC Telecom), Gold Wire Technology (acquired by Intelliden), COSpace (acquired by InterNAP), Cymfony (acquired by TNS), Interactive Supercomputing (acquired by Microsoft), Fidelis Security (acquired by General Dynamics), StrikeIron (acquired by Informatica) and PerspecSys (acquired by Blue Coat Systems). Active companies include ConnectBase and Promoboxx.

Ascent is a venture capital firm that invests in early stage, emerging B2B technology companies, backing over 110 companies since 1985.

ascentvp.com