Mode VC
Illinois

mHUB

mHUB, based in Illinois, backs Pre-Seed and Seed deep tech, industrial, climate, and healthtech startups with $100k to $250k checks, mostly following other investors.

Website LinkedIn XPitch pageTeam page
Entry stagePre-seed, Seed
Check size$100K to $250K
Leads roundsMostly follows
FocusDeep tech, Industrial, Climate, Healthtech
Latest fund$20M (2025)$20M target for Spark Fund II (first-close amount undisclosed) (2025)
Investing team3 peopleNo activity since Sep

Who you would pitch at mHUB

3 people on the investing team, 2 of them partners who can make the call. Partners are listed first.

Haven AllenCEO/Co-founder, Managing Partner (Spark Fund I & II)He previously worked in economic development for World Business Chicago and the City of Chicago, and served in the Peace Corps in Panama.
Steven KochManaging Partner (Product Impact Fund I)He previously held roles as Deputy Mayor of Chicago and at Credit Suisse.
Derek BurlingVenture AssociateHe previously worked as an electrical engineer at Burns & McDonnell and holds advanced degrees from the University of Chicago.

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Writes $100K to $250K checks. Its smallest check is larger than 5% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target5-7%

Notable investments

Madison Scientific (MadSci)Sandbox Carbon (Sandbox Environmental Systems)GrapherryKwemaMaxwell Labs

In their words

Innovation Hub for Physical Product Development & HardTech | mHUBmHUB is an innovation platform that drives the commercialization of hardtech, helping companies build, scale, and innovate with speed and purpose.mhub.org
Founders and investors at a Mode VC gathering

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Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when mHUB is active

One email when this firm shows new activity. Nothing else.

Firms like mHUB

The Engine$250K to $10M · active Sep 22
Bluelake$250K to $3M
Cottonwood Technology Fund$1M to $30M
Creative VenturesCheck size not reported
Cybernetix VenturesCheck size not reported
Innovobot$100K to $500K

On these lists

Seed healthtech investors in Illinois11Seed climate investors in Illinois10Seed investors in United States2836Pre-seed investors in United States1561Seed healthtech investors287Seed climate investors204Seed deep tech investors200Seed industrial investors161

Questions

What stage does mHUB invest in?

mHUB reports entry at pre-seed, seed.

How much does mHUB invest?

mHUB reports checks of $100K to $250K.

Does mHUB lead rounds?

mHUB mostly follows other investors.

Who are the partners at mHUB?

Haven Allen (CEO/Co-founder, Managing Partner (Spark Fund I & II)), Steven Koch (Managing Partner (Product Impact Fund I)).

Is mHUB active right now?

No recent activity since September 2026.

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