Spencer Maughan

Managing Partner at Finistere Ventures

Palo Alto, California

Overview 

Spencer Maughan is a seasoned investor based in Palo Alto, California, currently serving as the Co-founder & Managing Partner at Finistere Ventures. With a background in energy and life sciences, he has excelled in venture capital, private equity, and corporate development, contributing to successful investments and strategic partnerships throughout his career. Notable highlights of Spencer Maughan's career include his role in co-founding Finistere Ventures and his expertise in due diligence, financial modeling, and valuation, which have led to impactful investments in diverse founders and startups within the San Francisco Bay Area.

Work Experience 

  • Co-founder & Managing Partner

    2013 - Current

    Financing entrepreneurs to build category defining businesses

Finistere Ventures is a venture capital firm that seeks investments in the agriculture sector.

  • Investor

    2023

    Building the AI platform to power formulation and materials science

Citrine Informatics provides an informatics platform that transforms chemicals development through AI embedded in smart data infrastructure.

Raised $69,104,373.00 from DRIVE Catalyst, Universal Materials Incubator, Alumni Ventures, Presidio Ventures, Innovation Endeavors, Prelude Ventures and Isai.

  • Investor

    2023

    Building the AI engine for the mass spectrometry industry

Matterworks is a biotech startup that combines metabolomics with AI to simulate the metabolic environment.

Raised $13,750,000.00 from Germin8 Ventures, OMX Ventures, Wing Venture Capital, Pillar VC, Wavemaker 360 and iGlobe Partners.

  • Investment Advisory Committee Member

    2016

    Investing to rapidly scale sustainable technolgies

PRIME Coalition is a 501(c)(3) public charity

  • Catalyst

    2010

    Advising on commercialization of clean technologies

WARF Ventures provides seed and growth funding to early-stage startups that are commercializing the University of Wisconsin-Madison.

  • American Australian Business Council - Member

    2018

    Working to foster stronger commercial links between the USA and Australia. (https://www.americanaustralian.org/business-council/)

American Australian Association is the leading privately funded nonprofit organization dedicated to deepening and strengthening cooperation

  • Director

    2022

    Powering the manufacture of plant-based protein ingredients

Apparo is a food processing technology intended to process crops in order to maximize the yield of available nutrients.

Raised $4,500,000.00 from Blue Horizon Corporation, Finistere Ventures and Endeavor8.

  • Director

    2021

    Building the A/B testing platform for the physical space

MarketDial offers a platform that supports comprehensive testing of business initiatives related to promotions, operations, and more.

Raised $9,594,991.00 from Endeavor8, Peterson Ventures, Kickstart, Crosslink Capital and Silicon Valley Bank.

  • Investor

    2021

    Making import/export financing more available

Drip Capital is a digital platform that provides global trade financing for SMEs and large enterprises.

Raised $528,120,000.00 from Sumitomo Mitsui Banking Corporation and GMO Payment Gateway.

  • Investor

    2021

    Supercharging flavor and function in fermented foods

Berkeley Yeast bioengineers yeast strains that elevate fermentation for brewers and beyond.

Raised $12,149,998.00 from Anterra Capital and Finistere Ventures.

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