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M12 — Microsoft's Venture Fund logo

M12 — Microsoft's Venture Fund

Microsoft's corporate venture arm. Strategic investor across AI infrastructure, developer tools, and enterprise appli…

Active Corporate VC 🇺🇸 United States · Seattle, United States · Since 2016
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Portfolio Active
11
Latest OpenAI
Deal flow
$21.6B
10 rounds
Unicorns
3
≥ $1B valuation
Founded
2016
10 yrs
Latest
Apr 2026
NeuBird

About M12 — Microsoft's Venture Fund

Microsoft's corporate venture arm. Strategic investor across AI infrastructure, developer tools, and enterprise applications.

Investment activity

2020–2026
$30M
$84M
$165M
$10.1B
$10.6B
$79.3M
1
'20
1
'22
2
'23
3
'24
3
'25
2
'26

Portfolio

11

Co-investors

8

Recent rounds

10
Apr 6, 2026 Venture $19.3M NeuBird
Feb 10, 2026 Seed $60M Entire
Oct 2, 2025 Series B $10.3B OpenAI
Feb 20, 2025 Series C $70M Arize AI
Jan 9, 2025 Series F $275M Innovaccer
Dec 11, 2024 Seed Extension $22.5M NeuBird
Mar 21, 2024 Series A $80M Mithril
Jan 23, 2024 Series A $10B Lead OpenAI
Jun 29, 2023 Series B $100M Typeface
Feb 13, 2023 Series A $65M Typeface