Also Capital
Venture capitalActively deployingNew York · Pre-Seed–Series C · 3 people tracked
Also known as ALSO CAPITAL MANAGEMENT LLC
Investment thesis
Also Capital backs founders who intentionally choose hard problems, believing such courage drives outperformance and attracts exceptional talent and ambitious capital. The firm invests very early — usually at inception, before markets are well defined or consensus forms — and runs deliberately concentrated funds of about 15 core companies so it can devote sustained attention to each. Its portfolio centers on founders building durable systems that resist decay, spanning frontier and deep-technology areas such as space, nuclear, optical, and manufacturing. Since 2019 it has invested in over 30 companies. The firm leans in hardest on early support, including help with first hires.
Source: firm website, verified Aug 7, 2026.
Team · 3 people
from the firm's websiteWhat they invest in
from 5 of 32 portfolio companiesAI & Machine Learning ×2Deep Tech ×2Hardware ×2Space Tech ×2Biotech ×1Cloud Computing ×1Defense Tech ×1Digital Health ×1
HQs:United States×3
Investments · 32 tracked
founders shown can be your intro pathVarda 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)Delian Asparouhov(Founder)
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Andrenam develops an AI-powered distributed maritime sensing network using mass-manufacturable sonar technology for persistent underwater and surface awareness.
AI & Machine LearningDefense TechHardware
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
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)inMike Ghaffary(Director)Sara Adler(Director)Lauren Sullivan(Executive Officer, Director)
PartnerMike Annunziata· solo GP
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 Computing
Gary Wu(Founder & CEO)inCésar Maklary(Founder)
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
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.
West Hollywood, US
Neeldev Kunjur(Executive Officer, Director)Karandev Kunjur(Executive Officer, Director)
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Northwood provides end-to-end ground infrastructure for space missions, from concept through deployment to live data delivery.
Deep TechHardwareSaaSSpace Tech
Shaurya Luthra(Cofounder)
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Building compact portable nuclear fission reactors providing 1.2 MW electricity and 1.9 MW thermal power with five-year fuel capacity.
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
PartnerMike Annunziata· solo GP
Frequently asked questions
- What stage does Also Capital invest at?
- Also Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C stages.
- What sectors does Also Capital focus on?
- Also Capital focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Energy, Hardware, 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.
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
Similar investors
Radix Ventures is a venture capital firm founded in 2024 by entrepreneurs and tech investors, focused on empowering deep tech innovators across Europe, particularly Central and Eastern Europe.
Amplitude Ventures is a Canadian healthcare venture capital firm focused on precision medicine, founded by former BDC partners Dion Madsen and Jean-François Pariseau. BDC Capital is an investor in its Fund I.
SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.
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.
DCVC (Data Collective) is a venture capital firm that backs founders building companies which apply technology to major challenges across areas such as energy, biotech, agriculture, and machine learning.



