Cheng joins Microsoft’s VC fund as managing partner

Oct 14, 2025 • Oishani Mitra

She will invest in early stage companies across enterprise applications and AI.

Cheryl Cheng has joined Microsoft’s corporate venturing arm, M12, as managing partner.

She will invest in early stage (seed to series B) companies in enterprise software and AI. She will also focus on investments in healthcare and fintech where data, AI and software play a role in improving employee and customer experience.

Cheng was founder and CEO at Vive Collective, a healthcare investor. Before that, she was a general partner at mobile software and services VC fund BlueRun Ventures.

Oishani Mitra

Oishani Mitra is the content manager for Global Corporate Venturing.

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