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Millie Liu

Founder and Managing Partner at First Star Ventures

Millie Liu is a prominent figure in the venture capital and technology sectors. She is the Founder and Managing Partner of First Star Ventures, a firm she established in 2014.12 First Star Ventures invests in deep tech and frontier computing technology startups, focusing on areas such as AI/ML, decentralization, edge computing, and techbio.34

Prior to founding First Star Ventures, Liu worked at APT, an enterprise data analytics startup that was acquired by Mastercard for $600 million. There, she assisted Fortune 50 clients like Walmart and P&G in making data-driven strategic decisions.13 She was also a co-founder of an MIT startup focused on unsupervised event detection, which later evolved into Infervision, an AI precision healthcare platform backed by Sequoia China.13

Liu's educational background includes a Master of Finance degree from MIT and a B.S. in Mathematics from the University of Toronto.14 She has been serving on the advisory board of MIT CSAIL (Computer Science and Artificial Intelligence Laboratory) since March 2017.23

In the venture capital world, Liu is recognized as an emerging fund manager to watch. First Star Ventures was reportedly raising its third fund with a target of $40 million as of 2024.3 The firm typically invests in pre-seed and seed rounds, with check sizes ranging from $0 to $1 million.1

Liu is multilingual, with professional proficiency in English, Cantonese, and Mandarin.2 Her work in the tech and venture capital sectors has garnered recognition, including being featured in lists of important VCs in Boston.5

Highlights

Mar 13 · ventureforward.org
Women in VC: 10 Emerging VC Fund Managers to Watch
Dec 9 · vcsheet.com
Millie Liu (First Star Ventures) / VC Breakdown & Contact

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Millie Liu
Millie Liu, photo 1
Millie Liu, photo 2
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Location

Cambridge, Massachusetts, United States