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 

  • Founder & Managing Partner

    2024 - Current

  • Investor

    2025

    Building the best Build-Test-Learn platform for complex chemistry

  • 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.

  • Investor

    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.

  • Investor

    2022

    Sequestering carbon in the soil at scale

  • 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.

  • Board Observer

    2021

    Building the AI platform to manage climate risk in supply chain

ClimateAI is an enterprise climate platform to help companies reduce, monitor, and adapt to physical climate risks.

Raised $38,191,820.00 from Four Rivers Group, Radical Ventures, Neotribe Ventures, Academy Investor Network and Yaletown Partners.

Articles About Spencer

Relevant Websites