Mount Wilson Ventures

In 2014, a new venture capital firm, Mount Wilson Ventures, was established in Pasadena, California. The firm was founded by Mark Goodstein, Michael Giardello, and Richard Weil. Its core mission was to invest in early-stage companies, particularly those transforming proven science into commercial solutions. Mount Wilson Ventures focuses on startups in sectors like software, SaaS, fintech, and biotech. The firm's strategy emphasizes companies with strong intellectual property and a scientific foundation. They take a hands-on approach, working closely with founding teams to navigate the journey from lab-proven technology to a viable product in the marketplace. Since its inception, the firm has built a portfolio that includes companies like Lilac Solutions, Papaya Payments, and SweGaN. It typically invests in the pre-seed, seed, and Series A stages. One of its notable activities includes leading a $11.8M Series A funding round for SweGaN, a Swedish manufacturer of advanced semiconductor materials. By concentrating on deep tech and science-based innovation, Mount Wilson Ventures has carved out a specific niche in the venture capital landscape. The firm continues to operate from its Pasadena base, backing companies across the United States and in select international markets, aiming to turn scientific breakthroughs into successful businesses.