Madrona Venture Group, LLC

Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.

Reported portfolio value by quarter (21 quarters reported)

$752M $12.6K

Q4 20 Q1 22 Q2 23 Q3 24 Q4 25

$741M in Q4 2020 → $22.1K now. Hover for any quarter.

Holdings

As reported for the quarter ended December 31, 2025. Activity is the change in share count since the prior quarter's filing.

Holding	% of portfolio	Activity	Shares	Value
Nautilus Biotechnology Inc	53.2%	Unchanged	6,020,770	$11.7K
Uipath Inc	45.2%	Unchanged	607,673	$9.96K
Ginkgo Bioworks Holdings, Inc.	1.6%	Unchanged	42,430	$353

What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.

quarter ended December 31, 2025 · filed February 13, 2026

No position changes this quarter.

quarter ended September 30, 2025 · filed October 31, 2025

No position changes this quarter.

quarter ended June 30, 2025 · filed August 11, 2025

Company	Action	Shares changed	Value of change	% of portfolio
Snowflake Inc	Exited	−116,610	−$17K	—
Ginkgo Bioworks Holdings, Inc.	New	+42,430	+$477	3.8%

quarter ended March 31, 2025 · filed May 07, 2025

Company	Action	Shares changed	Value of change	% of portfolio
Snowflake Inc	Trimmed	−115,023	−$16.8K	59.8%
Brightcove Inc	Exited	−44,270	−$193	—

quarter ended December 31, 2024 · filed February 14, 2025

Company	Action	Shares changed	Value of change	% of portfolio
Snowflake Inc	Trimmed	−200,000	−$30.9K	66.5%

quarter ended September 30, 2024 · filed November 04, 2024

Company	Action	Shares changed	Value of change	% of portfolio
Snowflake Inc	Trimmed	−100,000	−$11.5K	66.4%

quarter ended June 30, 2024 · filed July 25, 2024

No position changes this quarter.

quarter ended March 31, 2024 · filed May 08, 2024

Company	Action	Shares changed	Value of change	% of portfolio
Rover Group Inc	Exited	−26,463,916	−$288M	—
Getaround Inc	Exited	−506,342	−$119K	—

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