New York · Pre-Seed–Series A · 10 people tracked
Also known as ALSO CAPITAL MANAGEMENT LLC
Find your way into Also Capital
Sign up to see every warm intro you have to Also Capital
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Also Capital team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Also Capital backs founders who intentionally choose hard problems, believing this courage is the root of outperformance and attracts exceptional early talent and ambitious capital partners. The firm runs concentrated funds by design, backing roughly 15 core companies per fund, typically at inception where early decisions matter most. It invests early and leans in hardest on first hires, initial technical and commercial tradeoffs, and raising top-tier follow-on capital. Its portfolio centers on founders building durable systems that resist decay, spanning space, energy, advanced manufacturing, defense, AI, robotics, and healthcare. Since 2019 it has invested in over 30 companies.
Source: firm website, verified Sep 29, 2026.
Team · 10 people
from the firm's website & curated & public directoriesFounder mafia
5 people who came through Also Capital went on to found or lead other companies.
What they invest in
from 20 of 40 portfolio companiesDeep Tech ×7Hardware ×7AI & Machine Learning ×6Space Tech ×4Biotech ×3Data & Infrastructure ×3Enterprise Software ×3Healthtech ×3
HQs:United States×13Israel×1Puerto Rico×1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×12 founders×53 founders×34+ founders×1
Where their founders studiedfrom 12 founders with education data
LeapYear ×2
What their founders studiedfrom 10 founders with field-of-study data
Engineering ×4Computer Science ×3
Where their founders worked beforefrom 12 founders with career history
SpaceX ×3Spade ×2
Accelerator rootsportfolio companies that came through a program
Investments · 40 tracked
founders shown can be your intro pathBy year:2026 · 62025 · 22024 · 12023 · 211 dated
River Technologies builds custom software from scratch for financial firms, including global investment banks, hedge funds, alternative asset managers, and sovereign wealth funds.
AI & Machine LearningEnterprise SoftwareFintechNew York City, US
PartnerMike Annunziata· solo GP
Co-investorsFounders FundPetraTimeless Partners VenturesBain CapitalFirst AnalysisGreat Hill Partners
Varda industrializes low Earth orbit by manufacturing pharmaceuticals and other specialized products in space, then returning them to Earth via reusable reentry capsules.
BiotechDeep TechSpace TechEl Segundo, US
Will Bruey(Founder)inDelian Asparouhov(Founder)inDaniel Marshall(Founder)Trae Stephens(Director)Josh Wolfe(Director)
PartnerMike Annunziata· solo GP
Co-investorsCaffeinated CapitalFounders FundGeneral CatalystKhosla VenturesLux Capital137 Ventures+36 more
4D Surgical develops imaging technology for image-guided surgical procedures.
HealthtechMedical Devices
PartnerMike Annunziata· solo GP
Co-investorsCreative Destruction Lab (CDL)Mythos Ventures Management, LlcInflect Health
Andrenam builds an AI-powered distributed maritime sensing network using mass-manufacturable sonar buoys and sensor payloads for persistent undersea awareness from surface to seabed.
AI & Machine LearningDefense TechHardware
Alex Chu(Founder)Matej Cernosek(Founder)
PartnerMike Annunziata· solo GP
Co-investorsFirst Round CapitalHomebrewLong Journey VenturesMINES VENTUREUpfront VenturesWave Function Ventures
AtlasBase builds a hybrid Bio-Silicon platform that stores digital data in synthetic DNA and performs computation directly within the molecules, offering petabyte-scale archives with near-zero power and long-term durability.
BiotechData & InfrastructureDeep Tech
Co-investorsEarth FoundryEnergy FoundryIn-Q-TelAccelBlackRockGreycroft+1 more
A workspace of the future platform co-founded by former Fintual alumni.
Gianina Rossi(Founder)in
Co-investorsFirst Row PartnersHi Ventures2048 VenturesAccelBlackRockGreycroft+1 more
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Cosmic Robotics develops autonomous construction equipment for critical infrastructure projects, starting with solar installations.
Advanced ManufacturingCleantechConstruction TechRoboticsSan Francisco, US
James Emerick(CEO)inLewis Jones(CTO)in
Co-investorsGiant Ventures Global LlpHCVCMaC Venture CapitalTranspose Platform ManagementWSSY Combinator+22 more
Float operates a technology platform that enables nurses to administer specialty medications to patients at home, serving patients requiring specialty infusions and healthcare providers seeking to shift treatment delivery from hospitals and clinics.
Digital HealthHealthtechMarketplacesMedical DevicesCarlsbad, US
Ryan Johnson(Founder)inChristy Johnson(Founder)inLauren Sullivan(Executive Officer, Director)in
BoardMike Ghaffary(Director)inSara Adler(Director)in
PartnerMike Annunziata· solo GP
Co-investorsCanvas VenturesY CombinatorWave Capital
PartnerMike Annunziata· solo GP
Fluidstack develops infrastructure for AI by rapidly deploying compute capacity, enabling delivery of gigawatts of computing power in six months compared to industry standards of 18-24 months, with focus on data center acquisition, design, operation, and supporting major AI infrastructure projects.
AI & Machine LearningCloud ComputingLondon, US
Gary Wu(Founder)inCésar Maklary(Founder)Peixian Wu(Director and CEO)Peter Francis(Founder)inJason Kichen(Chief Infomation Security Officer)inMalachi Price(Chief Business Officer)
PartnerMike Annunziata· solo GP
Co-investors7GC & Co91 VenturesAntlerBridge VenturesDuke Capital PartnersEpisode1+11 more
goTenna builds mesh networking hardware and software for off-grid connectivity in mission-critical operations.
Defense TechHardwareIoTBrooklyn, US
Daniela Perdomo(Founder)Jorge Perdomo(Founder)
BoardLarry Marcus(Director)John Levy(Director)
PartnerMike Annunziata· solo GP
Co-investors3Spoke CapitalBloomberg BetaCadron Capital PartnersCollaborative FundComcast VenturesIronGate Capital Advisors+15 more
Integral is a crypto accounting and financial management platform built for web3 businesses, handling bookkeeping, treasury, tax compliance, and auditing for cryptocurrencies, NFTs, and other digital assets.
Crypto & Web3FintechSaaS
Gui Laliberté(Founder)
Co-investorsFranklin TempletonCoinbase VenturesElectric CapitalRecall CapitalArray Ventures Management LlcCaffeinated Capital+7 more
Integral provides a platform that assesses re-identification risk, applies signal-preserving privacy remediation, and produces audit-ready documentation to prepare real-world sensitive data for AI and analytics.
AI & Machine LearningCybersecurityData & InfrastructureDigital HealthEnterprise SoftwareHealthtechSaaSSan Francisco, US
Shubh Sinha(Founder)in
Co-investorsArray Ventures Management LlcCircle & Co.GreatPoint VenturesLifeX VenturesVirtue VenturesCaffeinated Capital+3 more
PartnerMike Annunziata· solo GP
Integral AI builds interactive world models, an agent generation platform for creating digital and real-world agents, and a multimodal input/output interface.
AI & Machine LearningDeep TechRobotics
Jad Tarifi(Founder)inNima Asgharbeygi(Founder)in
Co-investorsGrit VenturesSamsung NextValkyrieArray Ventures Management LlcCaffeinated CapitalCircle & Co.+5 more
The page is an online gambling/betting operator ("OK9") targeting Vietnamese players, offering sports betting, online casino, slots, fish-shooting games, lottery, and card games.
Deep TechHardwareSpace TechWest Hollywood, US
Neeldev Kunjur(Executive Officer, Director)Karandev Kunjur(Executive Officer, Director)Karan Kunjur(Founder)inNeel Kunjur(Founder)in
PartnerMike Annunziata· solo GP
Co-investorsAlpine Space VenturesAsymmetric Capital PartnersCapitalGEarthrise VenturesFirst Round CapitalICONIQ+21 more
PartnerMike Annunziata· solo GP
Metalware provides autonomous binary security testing for firmware without requiring source code, hardware, or test harnesses.
CybersecurityDeep TechEnterprise SoftwareHardwareSan Francisco, US
Ryan Chow(Founder)inAndrew Nedea(Founder)in
Co-investorsPioneerY CombinatorCommodity CapitalCountdown CapitalEight CapitalFirst Round Capital+11 more
Nexa develops implantable microchips and herd management software for farmers to monitor cattle health and detect disease early.
Advanced ManufacturingAgTechAI & Machine LearningHardwareIoTSan Francisco, US
Zarif Azher(CEO)inKenneth Chan(Founder)inAlvin ZhangSamuel Xie
PartnerMike Annunziata· solo GP
Co-investorsY Combinator
Northwood provides end-to-end ground infrastructure for space missions, from concept through deployment to live data delivery.
Deep TechHardwareSaaSSpace Tech
Shaurya Luthra(Founder)inBridgit Mendler(Founder)Griffin Cleverly(Founder)
PartnerMike Annunziata· solo GP
Co-investorsAlpine Space VenturesAlumni VenturesAndreessen HorowitzAurelia FoundryBalerion Space VenturesBoxGroup+13 more
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Newton, US
OSHER PERRY(Executive Officer, Director)
BoardMATT WALLACH(Director)inOREN ZEEV(Director)inNADAV EYLATH(Director)inSCOTT ARMOUR(Director)PETER MISEK(Director)in
PartnerMike Annunziata· solo GP
Co-investorsat.inc/Framework Venture PartnersHyperplane Venture CapitalMunich Re VenturesProofpoint CapitalTokio Marine Future Fund+1 more
SpacePharma develops pharmaceutical research and manufacturing systems designed to operate in microgravity environments aboard satellites and spacecraft.
BiotechDeep TechMedical DevicesSpace Tech
Yossi(Co-Founder & CEO)Martin(Co-Founder, General Manager)
Co-investorsState of Mind VenturesCaffeinated CapitalFounders FundKhosla VenturesLux CapitalShrug Capital
Will Bruey(Founder)inDelian Asparouhov(Founder)in
PartnerMike Annunziata· solo GP
Co-investorsFounders FundLux CapitalCaffeinated Capital
Vital Lyfe makes a portable watermaker called Access that converts any naturally occurring water, including saltwater, into clean drinking water through a three-step process.
CleantechClimate TechConsumerHardwareHawthorne, US
Andrew Harner(Founder)inJon C.(Founder)inCharles Andrew Harner(Executive Officer, Director)Jonathan Criss(Executive Officer, Director)in
BoardAchal Upadhyaya(Director)in
PartnerMike Annunziata· solo GP
Co-investorsCantos VenturesGeneral CatalystSpaceVCAndreessen HorowitzInterlagos
PartnerMike Annunziata· solo GP
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
a37GroundedHigloMesh OpticalMetal CrossMöbius IndustriesRadiant IndustriesRadiant NuclearVast
Exits · 2
2 acquisitions · showing 1goTennaacq. by Forterra
Portfolio news
latest coverage across their companies
Cosmic Robotics · runtimewire.com · Aug 30, 2026
K2 Space · finsmes.com · Jul 30, 2026
Integral · finsmes.com · Jul 2, 2026
Northwood Space · finsmes.com · Jan 29, 2026
Vital Lyfe · finance.yahoo.com · Dec 16, 2025
Nexa Labs · ycombinator.com · Aug 12, 2025
Andrenam AI-powered maritime sensing · finance.yahoo.com · Jun 19, 2025
Frequently asked questions
- How many investments has Also Capital made?
- Also Capital has 40 tracked investments, 2 of which have exited, including 9 dated in the last 24 months.
- What stage does Also Capital invest at?
- Also Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Also Capital focus on?
- Also Capital focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Defense Tech, Energy, Hardware, Healthtech, Quantum Computing, Robotics, Space Tech.
- Where is Also Capital located?
- Also Capital is headquartered in New York, US.
- Does Also Capital lead rounds?
- Also Capital typically participates in rounds rather than leading them.
- Who does Also Capital co-invest with?
- Also Capital most often shares deals with Alumni Ventures, First Round Capital, General Catalyst, among 104 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInside Also Capital: Mike Annunziata on Conviction, Builders, and the Future of Hard Tech
The Rise w/ Alex Klein · Mike Annunziata
021 Mike Annunziata @ Also Capital on Building and Investing in Deep Tech
Money Moves · Mike Annunziata
Branding for Deep Tech Startups | Mike Annunziata Also Capital
WEBOAF · Mike Annunziata
Co-investors · 1
Transform Investments is a private investment firm anchored by a single-family office with an evergreen, permanent pool of capital, investing across stages and sectors with a focus on technology-driven companies and operating its own venture studio.
Firms observed investing alongside Also Capital, from public investor directories. Shared companies are the overlap with Also Capital's recorded portfolio.
Similar investors
Artesian is a deep tech and hardware venture capital investor that builds funds around specific institutional backers — governments, corporations, universities, industry bodies and super funds — to pursue both financial returns and strategic outcomes in critical industries.
AIN Ventures is a deep tech venture firm that invests in breakthrough technologies serving both commercial and government (national security/defense) markets, and advises founders on securing non-dilutive grants and contracts.
Radix Ventures is a deep tech venture capital firm founded in 2024 by experienced entrepreneurs and tech investors, focused on backing deep tech innovators across Central and Eastern Europe.
BDC (Business Development Bank of Canada) is a Canadian financial institution that has supported small and medium-sized businesses across all industries and stages of growth for over 80 years, providing financing and advisory services.
Cantos Ventures is an early-stage venture firm founded in 2016 that provides initial capital and ongoing counsel to founders building deep technology in areas such as robotics, energy, space, defense, and advanced manufacturing.
_imresizer.png)














.png)



.png)





















































































