Neo supports the next generation of tech leaders with the industry's best startup residency, recruiting platform, and diverse mentorship community.

Furo’s three founders move the industrial battery-storage software startup from Silicon Valley to Munich, where they say proximity to European customers helps it grow faster. The company raises $4 million from mostly U.S. investors, including TQ Ventures, Neo, and Sandberg Bernthal Venture Partners, and secures German rail company Deutsche Bahn as an enterprise client within its first year. Its founders cite customer access, local networks, and lower engineering costs as advantages of building in Germany.

Sep 2026 · TechCrunchNews article

Ali Partovi’s Neo introduces Neo Residency, an accelerator that pairs mentorship and community with lower, valuation-linked dilution for startups. It plans to invest $750,000 through an uncapped SAFE in 12 to 15 startups this summer; Neo receives equity at the next formal funding round, with illustrative ownership of 5% at a $15 million valuation and 0.75% at $100 million. The three-month San Francisco program also includes a two-week Oregon bootcamp and about 30 operator mentors, while five to eight students can receive $40,000 grants to work on projects.

Feb 2026 · TechCrunchNews article

Neo reports highly selective acceptance rates for its accelerator and scholar programs while raising $320 million for its fourth fund. The provided text does not specify the programs’ acceptance rates or further details about the fund.

Apr 2025 · ForbesNews article

Ali Partovi, who learned to code in a war zone, is trying to build a new kind of venture fund. He describes Neo as a community-driven venture firm that combines scholar scouting, accelerator cohorts, and seed-stage investing in technical founders.

Apr 2024 · Business InsiderNews article