Firms

Formation VC

Formation VC

New York, New York, United States · San Francisco, California, United States · Miami, Florida, United States

formationvc.comlinkedin.com

Formation VC is an early-stage venture firm led by Solly Garber and Leeor Mushin. It works with entrepreneurs during idea formation, building conviction through individual support, peer cohorts and early design partners, and states that it leads pre-seed rounds and participates in seed financings. Its confirmed investments include Oratomic, a neutral-atom quantum computing company, and AI software companies such as Burnt. Its website names New York, San Francisco and Miami as locations. Garber previously built seed investing at Strada; Mushin was a Principal at Floodgate and created the 20|20 Fund at Stanford. SEC filings identify Formation VC Fund I, L.P. and Formation Lights I, LP under the same general-partner management. Lights I reported its full USD7,339,847 offering sold in September2026. Fund I reported USD4,955,000 sold against a USD20M offering in July2024; this partial disclosure does not establish its final close. Formation VC is distinct from formation.dev, Formation 8 and Formation Bio.

Founded
—
Type
Venture capital

Funds3

  • Formation Lights I, LP$7M

    Formation-managed Delaware partnership; September29,2026 FormD reports USD7,339,847 totaloffering fullysold to14investors, zero remaining. FirstsaleSeptember22,2026. SEC names Formation VC Fund I GP, LLC and Leeor Mushin. Vehicle investment mandate and underlying asset not publicly confirmed; not automatically a follow-on flagship or Oratomic allocation.

  • Formation Wave 1, a series of Formation Wave, LP$550K

    Formation-managed Delaware venture partnership series. FormD public filing December19,2025 reports USD550,000 total offering fullysold, zero remaining, fourinvestors, firstsaleNovember25,2025. Formation VC Fund I GP, LLC and Leeor Mushin identify same management. Underlying asset and transaction undisclosed; no assignment to Oratomic or another particular company inferred.

  • Formation VC Fund I, L.P.—

    Delaware venture partnership incorporated2024, firstsaleJuly11,2024, public SEC noticeJuly22,2024. Early filing reports USD4,955,000 sold toward USD20M offering. Final fund close has not been independently confirmed; fund amount stays unspecified, not USD20M target, a later secondary USD25M reference or USD30.5M grossasset/AUM figure.

Team

Operations and support

Leeor MushinLeeor MushinCo-Founder and Investment Leader
Solly GarberSolly GarberCo-Founder and Investment Leader

Co-investing

Nebular
Castle Island Ventures
Quantonation
Variant Fund
7i Capital

Investments

$300M2026-07-07OratomicARCH Venture Partners, Khosla Ventures, Spark Capital, Bain Capital Ventures, Lowercarbon Capital, General Catalyst, Bain Capital, Index Ventures, Nebular, Genius Ventures, Bezos Expeditions, 7i Capital, Infleqtion, Formation VC, Global Frontier Investments
$6M2026-04-16Balerion AIKleiner Perkins, BoxGroup, Formation VC
$20M2026-01-14Project ElevenCastle Island Ventures, Balaji Srinivasan, Formation VC, Coinbase Ventures, Fin Capital, Nebular, Variant Fund, Quantonation, Lattice Capital Management, Nascent, Satstreet Ventures
$6M2025-06-18Project ElevenVariant Fund, Quantonation, Formation VC, Castle Island Ventures, Nebular
$—Unknown dateOratomicNebular, Formation VC
$—Unknown dateSharp PerformanceAndreessen Horowitz, Formation VC
$4M2025-09-25BurntElizabeth Weil, Formation VC