Liquid 2 Ventures

Venture Capital

Seed-stage venture fund co-founded by Joe Montana.

Profile

Headquarters
San Jose, US
Investments
8
Companies
6

Capital

Total Deployed
$289M
Lead Rounds
0

Portfolio

6 companies
Whatnot $974M
Private Los Angeles, US

Live-stream shopping marketplace where buyers and sellers connect in real-time video auctions. Originally focused on collectibles like Funko Pops and Pokemon cards, now expanded to dozens of categories including sports cards, sneakers, fashion, electronics, and art.

Mux $174M
Private San Francisco, United States

Mux provides video infrastructure for developers through an API-first platform. Its core products are Mux Video (encoding, storage, and streaming) and Mux Data (quality-of-experience analytics monitoring billions of streams).

Moxion Power Co. $123M
Closed Richmond, US

Moxion Power manufactured mobile energy storage products that enabled last-mile electrification across industries including construction, transportation, events, entertainment, film production, and telecommunications. The company offered zero-emission portable battery generators designed to replace traditional diesel generators, providing clean, quiet, and dependable temporary power. Founded in 2020 after co-founders Paul Huelskamp and Alex Meek witnessed diesel generators polluting their Mill Valley neighborhood during the 2019 California wildfire season. Moxion's units delivered 75 kilowatts of power and over 600 kilowatt-hours of energy. The company filed for Chapter 7 bankruptcy in August 2024 after investor funding fell through.

Clipboard Health $94M
Private San Francisco, US

Clipboard Health is a healthcare staffing marketplace that connects independent healthcare professionals, including nurses, CNAs, medical assistants, and other allied health workers, with open shifts at healthcare facilities. The platform enables healthcare workers to choose when and where they work, while helping facilities fill critical staffing gaps. Part of Y Combinator's W17 batch, the company has grown to serve thousands of facilities across 30+ U.S. cities, reached $100M in annual revenue within three years, and has been profitable since 2022.

Momentus $34M
Public Santa Clara, US

Commercial space infrastructure company offering in-space transportation and last-mile delivery services for satellites using water plasma propulsion technology. Went public via SPAC merger in 2021, though the deal was marred by SEC enforcement actions over misleading disclosures related to its Russian-born founders.

Honeylove $13M
Private

Direct-to-consumer women's intimates and shapewear brand. Honeylove's flagship Sculptwear line uses supportive structures in seams and patent-pending BoostBands to accentuate natural curves rather than flatten them. Products span shapewear, bras, clothing, pajamas, and activewear, priced at $60-$100. Available on honeylove.com and in Nordstrom, Dillard's, and Von Maur stores. Founded by EDM artist Betsie Larkin after frustration with shapewear malfunctioning during live performances.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.