Fidelity Management & Research Company
Founded in 1946, Fidelity Management & Research is a venture capital and investment advisory firm based in Boston, Massachusetts. The firm is a subsidiary of Fidelity Investments and provides investment supervisory services to Fidelity's family of mutual funds and exchange-traded funds. This firm is a Registered Investment Adviser (RIA).
Total Deals
100
Lead Investor
1
Avg Round
$1.3B
Top Stage
Later Stage VC (Series C)
Stages:
Later Stage VC (Series C): 14
Buyout/LBO (Add-on)†: 13
Later Stage VC: 11
Early Stage VC (Series B): 9
Industries:
Drug Discovery: 24
Application Specific Semiconductors: 8
Business/Productivity Software: 8
Media and Information Services (B2B): 4
Investment History
Chronological investment activity
Stage
Cerebras Systems
Later Stage VC (Series H)
Feb 2026
$1.1B
—
Cerebras Systems
Later Stage VC (Series H)
Application Specific Semiconductors
Feb 2026
$1.1B
+7 co-investors
Waymo
Later Stage VC
Feb 2026
$16B
—
Waymo
Later Stage VC
Automotive
Feb 2026
$16B
+15 co-investors
Zipline
Later Stage VC
Jan 2026
$600M
—
Zipline
Later Stage VC
Logistics
Jan 2026
$600M
+5 co-investors
Wasabi
Later Stage VC (Series D1)
Jan 2026
$102.5M
—
Wasabi
Later Stage VC (Series D1)
Systems and Information Management
Jan 2026
$102.5M
+3 co-investors
Parabilis Medicines
Later Stage VC (Series F)
Jan 2026
$305M
—
Parabilis Medicines
Later Stage VC (Series F)
Drug Discovery
Jan 2026
$305M
+20 co-investors