Foothill Ventures

Foothill Ventures is an early-stage venture capital fund based in Silicon Valley that invests in deep-tech startups. The fund targets seed and Series A rounds in sectors including AI, autonomous systems, and blockchain security. It deploys capital into companies developing hardware-software integrated solutions and enterprise AI platforms. Limited partners include institutional investors supporting deep-tech innovation. The firm has backed subsequent unicorns such as Plus.AI, WeRide.AI, and Certik through early investments. Founding partner Xuhui Shao brings experience from Yahoo, Turn, and ID Analytics. Foothill Ventures operates primarily from the San Francisco Bay Area.