MS

Michael Stewart

Managing Partner at M12

San Francisco Bay Area

Overview 

Michael Stewart is the Managing Partner at M12, Microsoft's Venture Fund, with a strong background in semiconductor fabrication and deep tech investments. He has successfully invested in companies like SynthLabs and d-Matrix, playing key roles as a board observer and director to drive strategic growth and success for these ventures.

Work Experience 

  • Managing Partner

    2024 - Current

    Leading theses in generative AI, gaming, deep tech

  • Partner

    2021 - 2024

M12 is the venture capital arm of Microsoft that invests in early-stage companies.

  • Board Observer

    2024

Armada is an edge computing platform that links individuals and businesses, facilitating real-time data processing and decision-making.

Raised $108,000,000.00 from M12 - Microsoft's Venture Fund, Felicis, Dragon Global and Valor Equity Partners.

  • Director

    2024

Volley builds voice-controlled entertainment experiences for Amazon Alexa, Google Assistant, and smartphones.

Raised $107,270,000.00 from M12 - Microsoft's Venture Fund, Greylock, Causeway Media Partners, Lightspeed Venture Partners, AIspace Ventures, Y Combinator, Amazon Alexa Fund, General Catalyst, BITKRAFT Ventures and Gaingels.

  • Director

    2024

SynthLabs is a research lab for transparent, auditable AI alignment.

  • Investor

    2023

Foundry is a public cloud supported by an orchestration platform designed to simplify the utilization of AI computing resources.

Raised $80,000,000.00 from Sequoia Capital, New Enterprise Associates, Lightspeed Venture Partners, M12 - Microsoft's Venture Fund, Conviction VC and Redpoint.

  • Investor

    2023

Typeface offers a generative AI application that provides streamlined and personalized content creation for enterprises.

Raised $165,000,000.00 from Menlo Ventures, Madrona, Google Ventures, M12 - Microsoft's Venture Fund, Lightspeed Venture Partners and Salesforce Ventures.

  • Board Observer

    2023

PsiQuantum focuses on developing a scalable quantum computer using photonic qubits.

Raised $1,280,168,416.00 from Queensland Government and Australian Government.

  • Board Observer

    2023

Artificial is a software company that develops a lab automation platform.

Raised $21,500,000.00 from M12 - Microsoft's Venture Fund, Playground Global and AME Cloud Ventures.

  • Board Observer

    2022

Inworld AI is a character engine for creating AI NPCs in games and interactive experiences.

Raised $125,700,000.00 from Lightspeed Venture Partners, Dentsu Ventures, LG Technology Ventures, First Spark Ventures, Samsung NEXT, Stanford University, XRM Media and M12 - Microsoft's Venture Fund.

  • Director

    2021

D-Matrix is a computing platform that targets artificial intelligence inferencing workloads in the datacenter.

Raised $154,000,000.00 from Industry Ventures, Nautilus Venture Partners, M12 - Microsoft's Venture Fund, Playground Global, Lam Capital, Temasek Holdings, TGC Square, Cortes capital, Marlan Holding and Ericsson Ventures.

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