SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q

 [X]     Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
                           Exchange Act of 1934

For the Quarterly Period Ended June 30, 2000

Or

[ ]      Transition Report Pursuant to Section 13 or 15(d) of the Securities
                                Exchange Act of 1934

For the transition period from               to
Commission file number 2-91941


                          ML TECHNOLOGY VENTURES, L.P.

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              (Exact name of registrant as specified in its charter)


Delaware                                                            13-3213176
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(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)


4 World Financial Center, 26th Floor

New York, New York                                                       10080
--------------------------------------------------------------------------------
(Address of principal executive offices)                             (Zip Code)


Registrant's telephone number, including area code:  (212) 449-1000


Not applicable

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Former name, former address and former fiscal year, if changed since last report

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes X No ------------------

<PAGE>


                                                    ML TECHNOLOGY VENTURES, L.P.

                                      INDEX

PART I.       FINANCIAL INFORMATION

Item 1.       Financial Statements.

Balance Sheets as of June 30, 2000 (Unaudited) and December 31, 1999

Statements of Operations for the Three and Six Months Ended June 30, 2000 and
1999 (Unaudited)

Statements of Cash Flows for the Six Months Ended June 30, 2000 and 1999
(Unaudited)

Statement of Changes in Partners' Capital for the Six Months Ended June 30,
2000 (Unaudited)

Notes to Financial Statements (Unaudited)

Item 2.       Management's Discussion and Analysis of Financial Condition and
              Results of Operations.

Item 3.       Quantitative and Qualitative Disclosures about Market Risk

PART II.      OTHER INFORMATION

Item 1.       Legal Proceedings.

Item 2.       Changes in Securities and Use of Proceeds.

Item 3.       Defaults upon Senior Securities.

Item 4.       Submission of Matters to a Vote of Security Holders.

Item 5.       Other Information.

Item 6.       Exhibits and Reports on Form 8-K.



<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1.       Financial Statements.

ML TECHNOLOGY VENTURES, L.P.
BALANCE SHEETS
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                             June 30, 2000     December 31,
                                                                                              (Unaudited)            1999

ASSETS

Cash and cash equivalents                                                                   $      111,904      $       108,819
Investments:
   Publicly traded securities, at market value (cost of $1,125,000 as of
     June 30, 2000 and December 31, 1999)                                                          793,650              103,175
   Subordinated promissory note                                                                    110,000              110,000
Accrued royalty receivable                                                                          12,222               31,386
                                                                                            --------------      ---------------

TOTAL ASSETS                                                                                $    1,027,776      $       353,380
                                                                                            ==============      ===============


LIABILITIES AND PARTNERS' CAPITAL

Liabilities:
Accounts payable and accrued expenses                                                       $       21,450      $        16,365
Due to Management Company                                                                          150,000               50,000
                                                                                            --------------      ---------------
   Total liabilities                                                                               171,450               66,365
                                                                                            --------------      ---------------

Partners' Capital:
General Partner                                                                                    118,768              130,884
Limited Partners (69,094 Units)                                                                  1,068,908            1,177,956
Accumulated unallocated other comprehensive loss
   - unrealized depreciation of investments                                                       (331,350)          (1,021,825)
                                                                                            --------------      ---------------
Total partners' capital                                                                            856,326              287,015
                                                                                            --------------      ---------------

TOTAL LIABILITIES AND PARTNERS' CAPITAL                                                     $    1,027,776      $       353,380
                                                                                            ==============      ===============

</TABLE>

See notes to financial statements.


<PAGE>


ML TECHNOLOGY VENTURES, L.P.
STATEMENTS OF OPERATIONS (Unaudited)
<TABLE>

<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                       Three Months Ended                 Six Months Ended
                                                                            June 30,                          June 30,
                                                                    2000             1999             2000             1999
                                                              ---------------     ------------  --------------     --------
INCOME

   Royalty and licensing income                               $      12,343   $        33,122   $      43,575   $         65,752
   Interest income                                                      484             6,352           1,055             13,232
                                                              -------------   ---------------   -------------   ----------------
   Total income                                                      12,827            39,474          44,630             78,984
                                                              -------------   ---------------   -------------   ----------------

EXPENSES

   Management fee                                                    50,000            50,000         100,000            100,000
   Professional fees                                                 25,120            35,375          42,527             44,443
   Mailing and printing                                               8,815            10,340          22,367             22,144
   Miscellaneous                                                        800               900             900                900
                                                              -------------   ---------------   -------------   ----------------
   Total expenses                                                    84,735            96,615         165,794            167,487
                                                              -------------   ---------------   -------------   ----------------

NET OPERATING LOSS                                                  (71,908)          (57,141)       (121,164)           (88,503)
                                                              -------------   ---------------   -------------   ----------------

Net realized gain from investments                                        -             1,645               -              1,645
                                                              -------------   ---------------   -------------   ----------------

NET LOSS                                                            (71,908)          (55,496)       (121,164)           (86,858)

OTHER COMPREHENSIVE (LOSS) INCOME
   Change in unrealized (depreciation) appreciation
      of investments                                               (793,650)         (272,818)        690,475           (285,219)
                                                              -------------   ---------------   -------------   ----------------

COMPREHENSIVE (LOSS) INCOME                                   $    (865,558)  $      (328,314)  $     569,311   $       (372,077)
                                                              =============   ===============   =============   ================


Net loss per unit of limited partnership interest                $   (0.94)       $   (0.72)       $    (1.58)       $    (1.13)
                                                                 =========        =========        ==========        ==========
</TABLE>


See notes to financial statements.


<PAGE>


ML TECHNOLOGY VENTURES, L.P.
STATEMENTS OF CASH FLOWS (Unaudited)
For the Six Months Ended June 30,
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                                  2000               1999
                                                                                             --------------     ---------

CASH FLOWS PROVIDED FROM (USED FOR)
   OPERATING ACTIVITIES

     Interest and other income received                                                      $       63,957     $        77,981
     Other operating expenses paid                                                                  (60,872)           (159,733)
                                                                                             --------------     ---------------
     Cash provided from (used for) operating activities                                               3,085             (81,752)
                                                                                             --------------     ---------------

CASH FLOWS PROVIDED FROM INVESTING ACTIVITIES

     Net return of U.S. Government Securities                                                             -              96,731
                                                                                             --------------     ---------------
     Cash provided from investing activities                                                              -              96,731
                                                                                             --------------     ---------------

Increase in cash and cash equivalents                                                                 3,085              14,979
Cash and cash equivalents at beginning of period                                                    108,819             105,543
                                                                                             --------------     ---------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                                                   $      111,904     $       120,522
                                                                                             ==============     ===============



Reconciliation  of net operating loss to cash provided from (used for) operating
   activities:

   Net operating loss                                                                        $     (121,164)    $       (88,503)
                                                                                             --------------     ---------------
   Adjustments to reconcile net operating loss to cash provided from
     (used for) operating activities:
       Net realized gain                                                                                  -               1,645
       Decrease (increase) in accrued royalty receivable                                             19,164              (3,105)
       Increase in accounts payable and accrued liabilities                                           5,085               7,754
       Increase in due to Management Company                                                        100,000                   -
       Decrease in accrued interest on U.S. Government Securities                                         -                 457
                                                                                             --------------     ---------------
   Total adjustments                                                                                124,249               6,751
                                                                                             --------------     ---------------


Cash provided from (used for) operating activities                                           $        3,085     $       (81,752)
                                                                                             ==============     ===============
</TABLE>


See notes to financial statements.


<PAGE>


ML TECHNOLOGY VENTURES, L.P.
STATEMENT OF CHANGES IN PARTNERS' CAPITAL (Unaudited)
For the Six Months Ended June 30, 2000
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                            Accumulated
                                                                                            Unallocated
                                                                                               Other
                                                       General          Limited           Comprehensive
                                                       Partner         Partners                Loss                 Total

Balance as of beginning of period                  $    130,884    $      1,177,956     $     (1,021,825)     $       287,015

Allocation of net loss                                  (12,116)           (109,048)                   -             (121,164)

Change in other comprehensive loss -
   unrealized depreciation of investments                     -                   -              690,475              690,475
                                                   ------------    ----------------     ----------------      ---------------

Balance as of end of period                        $    118,768    $      1,068,908     $       (331,350)     $       856,326
                                                   ============    ================     ================      ===============

</TABLE>

See notes to financial statements.


<PAGE>


ML TECHNOLOGY VENTURES, L.P.
NOTES TO FINANCIAL STATEMENTS (Unaudited)

1.       Organization and Purpose

     ML Technology  Ventures,  L.P. (the  "Partnership")  is a Delaware  limited
partnership  formed in April 1984. ML R&D Co., L.P., the general  partner of the
Partnership  (the "General  Partner"),  is also a Delaware  limited  partnership
formed  in April  1984,  the  general  partner  of which is  Merrill  Lynch  R&D
Management Inc. (the "Management  Company"),  an indirect  subsidiary of Merrill
Lynch & Co., Inc. DLJ Capital  Management  Corporation (the  "Sub-Manager"),  an
indirect subsidiary of Donaldson, Lufkin & Jenrette, Inc., is the sub-manager of
the Partnership,  pursuant to a sub-management  agreement among the Partnership,
the Management Company, the General Partner and the Sub-Manager.

The  objective  of the  Partnership  has  been to  achieve  cash  flow  from the
commercialization of a broad range of technologies developed and owned by, or on
behalf of, the  Partnership.  The  Partnership  has been engaged in research and
development  ventures for the development of new technology  through  contracts,
joint ventures and participation in other partnerships.

Although the Partnership  Agreement provides that the Partnership will terminate
no later than  January  31,  2005,  the  General  Partner is working  toward the
termination of the Partnership as soon as practical.

2.       Significant Accounting Policies

Valuation of Investments - In accordance with Statement of Financial  Accounting
Standards  ("SFAS")  No.  115,  investments  in  available-for-sale   securities
(publicly  traded  securities)  are  accounted  for at market value based on the
closing  public  market  price on the  valuation  date.  The related  unrealized
appreciation   (depreciation)   of  such   securities   is   included  in  other
comprehensive  income (loss) and reflected as a separate  component of partners'
capital.  Non-publicly  traded securities are accounted for at cost. The cost of
an  investment  is  written  down to its  fair  value  when  the  investment  is
determined to be other than temporarily impaired.

Comprehensive  Income  (Loss) - In  accordance  with  SFAS No.  130,  "Reporting
Comprehensive  Income", the statements of operations include an amount for other
comprehensive  income  (loss).  Other  comprehensive  income (loss)  consists of
revenues,  expenses,  gains and losses that have affected  partners' capital but
which are excluded from net income (loss).  Other comprehensive income (loss) in
the  accompanying  statements of operations  resulted from a net unrealized gain
(loss) on  investments.  Accumulated  other  comprehensive  income (loss) in the
accompanying balance sheets reflects the cumulative net unrealized  appreciation
(depreciation) of investments in equity securities.

Use of Estimates - The  preparation of financial  statements in conformity  with
generally  accepted  accounting  principles  in the  United  States  of  America
requires  management to make estimates and assumptions  that affect the reported
amounts  of assets and  liabilities  and  disclosure  of  contingent  assets and
liabilities as of the date of the financial  statements and the reported amounts
of revenues and expenses  during the  reporting  period.  Actual  results  could
differ from those estimates.


<PAGE>


ML TECHNOLOGY VENTURES, L.P.
NOTES TO FINANCIAL STATEMENTS (Unaudited), continued

Investment  Transactions - Investment  transactions  are recorded on the accrual
method. Realized gains and losses on investments sold are computed on a specific
identification basis.

Income Taxes - No provision  for income taxes has been made since all income and
losses are  allocable  to the partners for  inclusion  in their  respective  tax
returns.

Statements  of  Cash  Flows  -  The  Partnership  considers  cash  held  in  its
interest-bearing cash account to be cash equivalents.

3.       Allocation of Partnership Profits and Losses

The  Partnership  Agreement  provides  that  profits  shall be  allocated to all
partners in  proportion  to their  capital  contributions  until there have been
distributions  to the limited  partners  equal to their  capital  contributions,
after which time 90% will be  allocated  to the limited  partners and 10% to the
General  Partner  (90/10 ratio) until there has been  distributed to the limited
partners an aggregate amount,  since the inception of the Partnership,  equal to
twice their capital  contributions  and  thereafter 80% will be allocated to the
limited  partners and 20% to the General Partner (80/20 ratio).  Losses shall be
allocated to all partners in proportion to their capital contributions provided,
however,  that to the extent  profits  have been  credited in the 90/10 or 80/20
ratio,  losses shall be charged in such ratios in reverse order in which profits
were credited.  Cumulative cash  distributions paid to partners through June 30,
2000 total $74,084,899,  representing  approximately 106% of capital contributed
to the Partnership.

4.       Related Party Transactions

The  Management  Company is responsible  for the  management and  administrative
services necessary for the operation of the Partnership.  The Management Company
had received a management  fee at an annual rate of 2% of the aggregate  capital
contributions  to the  Partnership for its first four years of operations and 1%
of the aggregate capital  contributions  thereafter,  through December 31, 1995.
Commencing with the management fee due for the quarter ended March 31, 1996, the
General  Partner and the Management  Company agreed to reduce the management fee
payable by the Partnership to $200,000 per annum.  The management fee is payable
quarterly in arrears.

5.       Investments in Equity Securities

As of June 30, 2000 and December 31, 1999, the  Partnership  held 396,825 common
shares of Photon Technology  International,  Inc., a public company, with a cost
of $1,125,000. Such securities had a market value of $793,650 and $103,175 as of
June 30, 2000 and December 31,1999, respectively.

6.       Interim Financial Statements

In the opinion of the General Partner,  the unaudited financial statements as of
June 30, 2000, and for the six- month period then ended, reflect all adjustments
necessary for the fair presentation of the results of the interim period.


<PAGE>


Item 2.       Management's Discussion and Analysis of Financial Condition and
              Results of Operations.
              ----------------------------------------------------------------

Liquidity and Capital Resources

As of June 30, 2000, the Partnership  held $111,904 in an interest  bearing cash
account.  The  Partnership  earned  $484 and  $1,055 of  interest  from its cash
balances  for the  three  and six  months  ended  June 30,  2000,  respectively.
Interest  earned in future  periods  is subject to  fluctuations  in  short-term
interest rates and interest bearing cash balances on hand.

As of June 30, 2000, the  Partnership's  current  liabilities  exceeded its cash
balance  by  approximately  $60,000.  Current  liabilities  as of June 30,  2000
include  $150,000 due to the Management  Company.  It is anticipated  that funds
needed  to  cover  future   operating   expenses   will  be  obtained  from  the
Partnership's  existing cash  reserves,  future royalty income and proceeds from
the sale of its  remaining  assets.  As a result of the current  cash  shortage,
payments to the Management Company have been temporarily suspended.

Although the Partnership  Agreement provides that the Partnership will terminate
no later than  January  31,  2005,  the  General  Partner is working  toward the
liquidation  of  the  Partnership's  remaining  assets  and  termination  of the
Partnership as soon as practical, consistent with the goal of maximizing returns
to partners.  In May 2000, the  Partnership's  royalty agreement with Gen Probe,
Inc.  terminated,  leaving only one remaining active royalty agreement with Bolt
Beranek and Newman,  Inc. The  Partnership  continues to hold its 396,825 common
shares of Photon  Technology  International  Inc. and a promissory note due from
Photon  Technology with a face value of $110,000.  The timing of the liquidation
of these  remaining  assets is  contingent  upon,  among  other  things,  market
conditions  and  securities  laws  restrictions.   Therefore,   although  it  is
anticipated  that the Partnership  will terminate  during calendar year 2000, no
assurances can be given that the Partnership  will be able to complete all steps
necessary to liquidate the remaining assets within such time frame.

As provided in the  Partnership's  prospectus  delivered to Limited  Partners in
connection with their initial investment in the Partnership, and as disclosed in
subsequent Partnership filings and reports, the Partnership is obligated to pay,
and has paid  accordingly,  an annual  management  fee equal to 2% of  aggregate
capital   contributions   during  the  four  years  subsequent  to  its  closing
($1,397,250  annually) and,  thereafter,  1% of aggregate capital  contributions
($698,624   annually).   In  consideration  of  the   Partnership's   originally
contemplated  objectives,  the  reduction  of assets  under  management  and the
anticipated  termination  of  the  Partnership,  the  General  Partner  and  the
Management  Company,  while not required to do so, reduced the annual management
fee payable by the  Partnership  from $698,624 to $200,000,  commencing with the
management  fee  payment  due for the first  quarter of 1996.  As a result,  the
Partnership  incurred a management fee of $100,000 for the six months ended June
30, 2000 and 1999.

Results of Operations

For the three and six months ended June 30, 2000, the Partnership had a net loss
of $71,908 and $121,164,  respectively, as compared to a net loss of $55,496 and
$86,858  for the three and six months  ended June 30,  1999,  respectively.  Net
income  or loss is  comprised  of 1) net  operating  income  or loss  and 2) net
realized gain or loss.

Net  Operating  Income or Loss - For the three  months  ended June 30,  2000 and
1999,  the  Partnership  had  a net  operating  loss  of  $71,908  and  $57,141,
respectively.  The $14,767 unfavorable change in net operating loss for the 2000
period compared to the same period in 1999 was the result of a $26,647  decrease
in  operating  income,  partially  offset by an $11,880  decrease  in  operating
expenses. The decline in operating income included a $20,779 decrease in royalty
income resulting from the February 2000 expiration of the Partnership's  royalty
agreement with Gen-Probe, Inc. Additionally,  interest income declined by $5,868
for the three  months  ended June 30, 2000  compared to the same period in 1999.
The decline in interest income  primarily  resulted from the lower cash balances
held by the Partnership  during the three months ended June 30, 2000 compared to
the same period in 1999.  The decline in operating  expenses for the 2000 period
was due to a $10,255  decline  in  professional  fees and a $1,625  decrease  in
mailing and printing and other operating expenses.  The decrease in professional
fees primarily  resulted from  adjustments to current and prior period accruals.
The decrease in mailing and printing expenses  primarily resulted from decreased
mailings to partners during the three months ended June 30, 2000.

For the six  months  ended June 30,  2000 and 1999,  the  Partnership  had a net
operating loss of $121,164 and $88,503,  respectively.  The $32,661  unfavorable
change in net  operating  loss for the 2000  period  compared to the 1999 period
resulted  from a $34,354  decrease in operating  income,  partially  offset by a
$1,693  decrease  in  operating  expenses.  The  decline in  operating  expenses
primarily was attributable to a small decrease in professional fees for the 2000
period  reflecting  reduced  accounting  and  legal  costs as the  Partnership's
activity declines during its liquidation period. The decline in operating income
included a $22,177  decrease in royalty income  resulting from the February 2000
expiration of the Partnership's royalty agreement with Gen-Probe, Inc., as noted
above.  Additionally,  interest  income  declined  by $12,177 for the six months
ended June 30, 2000  compared to the same period in 1999,  primarily  due to the
lower cash balances held by the Partnership during the six months ended June 30,
2000 compared to the same period in 1999.

Realized Gains and Losses - The  Partnership  realizes gains and losses from the
sale of its joint venture  interests or  proprietary  technology in R&D Ventures
and from the sale of its equity securities.

The  Partnership  had no realized  gains or losses for the six months ended June
30, 2000.

For the six months ended June 30, 1999, the  Partnership had a net realized gain
of $1,645 resulting from the receipt of a final  liquidating  distribution  from
MLMS Cancer Research Inc.

Other  Comprehensive  Income (Loss) - The Partnership  has adopted  Statement of
Financial  Accounting  Standards  ("SFAS")  No.  130,  "Reporting  Comprehensive
Income." SFAS No. 130  establishes  standards for reporting  compressive  income
(loss),  which  consists  of  revenues,  expenses,  gains and  losses  that have
affected  partners'  capital  but are  excluded  from  net  income  (loss).  The
Partnership's  other   comprehensive   income  (loss)  consists  of  changes  to
unrealized appreciation  (depreciation) of its investments in equity securities.
For the three months  ended June 30, 2000 and 1999,  the  Partnership  had other
comprehensive  (loss) of ($793,650) and  ($272,818),  respectively.  For the six
months ended June 30, 2000 and 1999,  the  Partnership  had other  comprehensive
income (loss) of $690,475 and ($285,219),  respectively.  Such amounts represent
the change in the fair market value of the  Partnership's  investment  in Photon
Technology International, Inc. for the respective periods.

Item 3.       Quantitative and Qualitative Disclosures about Market Risk.
              -----------------------------------------------------------

The  Partnership  is subject to market risk arising from changes in the value of
its equity  investments,  interest-bearing  cash  equivalents and investments in
U.S.  Government  securities,  if any,  which may result  from  fluctuations  in
interest rates and equity prices. The Partnership has calculated its market risk
related to its holdings of these  investments based on changes in interest rates
and equity prices  utilizing a sensitivity  analysis.  The sensitivity  analysis
estimates the hypothetical  change in fair values, cash flows and earnings based
on an assumed 10% change  (increase or  decrease)  in interest  rates and equity
prices. To perform the sensitivity  analysis,  the assumed 10% change is applied
to market rates and prices on investments  held by the Partnership as of the end
of the accounting period.

The Partnership's 396,825 common shares of Photon Technology International, Inc.
was the only equity  investment  held as of June 30, 2000.  The per share market
price of this  security  was $2.00 as of June 30, 2000 and the fair value of the
Partnership's  holdings was  $793,650.  An assumed 10% decline from the June 30,
2000 market price of this security would result in a reduction to the fair value
of  the  Partnership's   holdings  in  Photon  Technology  and  a  corresponding
unrealized loss of $79,365.

Market risk associated with the Partnership's  interest-bearing cash equivalents
and investments in U.S. Government securities is considered to be immaterial.


<PAGE>


                           PART II - OTHER INFORMATION

Item 1.       Legal Proceedings.
              -----------------

The Partnership is not a party to any legal proceedings.

Item 2.       Changes in Securities and Use of Proceeds.
              -----------------------------------------

Not applicable.

Item 3.       Defaults Upon Senior Securities.
              -------------------------------

Not applicable.

Item 4.       Submission of Matters to a Vote of Security Holders.
              ---------------------------------------------------

Not applicable.

Item 5.       Other Information.
              -----------------

None.



<PAGE>


Item 6.       Exhibits and Reports on Form 8-K.
              --------------------------------

              (a)   Exhibits

                    (4)             (A) Amended  and  Restated  Certificate  and
                                    Agreement  of  Limited  Partnership  of  the
                                    Partnership  dated as of April 23, 1984,  as
                                    amended through February 22, 1985,  included
                                    as  Exhibit  A  to  the  Prospectus  of  the
                                    Partnership dated March 11, 1985.(a)

                          (B)       (i)  Amendment  dated August 20, 1985 to the
                                    Amended   and   Restated   Certificate   and
                                    Agreement  of  Limited  Partnership  of  the
                                    Partnership.(b)

                          (B)       (ii) Amendment  dated August 28, 1985 to the
                                    Amended   and   Restated   Certificate   and
                                    Agreement  of  Limited  Partnership  of  the
                                    Partnership.(c)

                    (10)  (a)       Management  Agreement dated as of May 23,
                                    1991 among the  Partnership,  Management
                                    Company and the Managing General Partner.(d)

                    (10)  (b)       Sub-Management  Agreement dated as of
                                    May 23, 1991 among the Partnership,
                                    Management Company, the Managing General
                                    Partner and the Sub-Manager.(d)

                    (10)  (c)       Amendment  dated March 27,  1996 to the
                                    Management  Agreement  among the
                                    Partnership, Management Company and the
                                    Managing General Partner.(e)

                    (10)  (d)       Amendment dated March 27, 1996 to the
                                    Sub-Management  Agreement among the
                                    Partnership,Management Company, the Managing
                                    General Partner and the Sub-Manager.(e)

                    (27)            Financial Data Schedule.

              (b) No reports on Form 8-K have been filed since the  beginning of
                  the period covered by this report.

------------------------------

(a)      Incorporated  by reference to the  Partnership's  Annual Report on Form
         10-K for the  fiscal  year  ended  December  31,  1984  filed  with the
         Securities and Exchange Commission on August 12, 1985.

(b)      Incorporated by reference to the Partnership's Quarterly Report on Form
         10-Q for the quarter ended September 30, 1985 filed with the Securities
         and Exchange Commission on November 12, 1985.

(c)      Incorporated by reference to the Partnership's Quarterly Report on Form
         10-Q for the quarter ended March 31, 1986 filed with the Securities and
         Exchange Commission on May 14, 1986.

(d)      Incorporated  by reference to the  Partnership's  Annual Report on Form
         10-K for the  fiscal  year  ended  December  31,  1991  filed  with the
         Securities and Exchange Commission on March 30, 1992.

(e)      Incorporated by reference to the Partnership's Quarterly Report on Form
         10-Q for the quarter ended March 31, 1996 filed with the Securities and
         Exchange Commission on May 14, 1996.


<PAGE>


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

              ML TECHNOLOGY VENTURES, L.P.


By:           ML R&D Co., L.P.
              its General Partner

By:           Merrill Lynch R&D Management Inc.
              its General Partner


By:           /s/     Kevin K. Albert

              Kevin K. Albert
              President

              (Principal Executive Officer)


By:           /s/     James V. Bruno

              James V. Bruno
              Vice President and Treasurer

              (Principal Financial and Accounting Officer)


By:           /s/     Diane T. Herte

              Diane T. Herte
              Vice President

Date:         August 14, 2000