Investment Stage

Focus Areas

About Investor

Cheryl Cheng is a Managing Partner at M12, Microsoft’s venture arm, based in Menlo Park. She focuses on early and growth-stage investments across AI, enterprise SaaS, cloud infrastructure, cybersecurity, and developer tools. Her investment scope spans Seed through Series B, with meaningful check sizes typically ranging from $1M to $15M. At M12, she plays a key role in identifying companies that align with Microsoft’s broader ecosystem strategy and enterprise adoption pathways. She is known for backing technically strong founders building scalable infrastructure and platform-level products. Her position gives her access to deep corporate networks and strategic distribution opportunities for portfolio companies.