Portland Seed Fund

Portland Seed Fund (PSF) is a seed-stage venture capital firm founded in 2010 and based in Portland, Oregon, with $45M under management across five funds and over 200 portfolio companies. PSF invests primarily in Oregon and the Pacific Northwest, with typical initial check sizes of $50K–$100K and follow-on capacity. The firm is sector-diverse but has an increasing emphasis on deep tech, investing through its latest vehicle, the Intrepid Oregon Fund (IOF)—a $4M fund anchored by Business Oregon—targeting early-stage companies in digital health, bioscience, medical devices, climate tech, advanced manufacturing, advanced materials, and natural resources. Notable exits include Auth0 (acquired by Okta), ESS Inc. (NYSE: GWH), and Sightbox (acquired by J&J). PSF has a strong track record of investing in diverse teams and maintains a portfolio heavily weighted toward enterprise applications, health tech, and cleantech.