/Investor DB

Althing Ventures

Venture capital

Pre-Seed–Seed · 17 people tracked

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Investment thesis

Althing Ventures invests in the durable foundation beneath the AI application layer, focusing on compute, energy systems, and the stack that builds, trains, and deploys intelligent machines on the ground and in the air. It concentrates on four reinforcing industries — AI infrastructure, aerospace, energy, and robotics — where compute drives energy demand, energy enables deployment, and robotics and aerospace convert intelligence into real-world leverage. While not excluding software, the firm backs applications in service of infrastructure. It prioritizes companies with strong unit economics, lean operations, and technically defensible technology, targeting industries with structural tailwinds measured in decades rather than quarters.

Source: firm website, verified Nov 8, 2026.

Stage
Pre-Seed–Seed
Check
$100K – $1M
Instruments
Equity

Team · 17 people

from the firm's website
Ben Petersen· Founder & CEO, Knafs

Founder of outdoor goods brand Knafs and a product designer experienced in scaling US-based manufacturing, with a focus on community-driven brand building and storytelling.

Daniel Russell· General Partner

General Partner of Althing Ventures with a background as a SaaS founder who built a business to 8-figure revenue and a 100-person team before a successful exit. He is also a former software salesperson, digital marketer, attorney, and longtime venture LP, bringing operating, go-to-market, and legal expertise to portfolio companies.

Ross Simmonds· Founder & CEO, Foundation

Founder of software Distribution.ai and consultancy Foundation, a bestselling author and global speaker specializing in hands-on AI application for brands and scaling marketing impact.

Adam Hanselman· Vice President, Gauge Capital

A Chicago Booth MBA, former investment banker and operator with experience across 50+ transactions, bringing institutional finance, capital deployment, and exit strategy expertise. Currently a VP at Gauge Capital.

Ashkan Hosseini· Principal, Hoss Holdings

A former public markets trader and Principal at Hoss Holdings specializing in capital coordination and long-term asset value, with experience in construction, hospitality, and securities.

Chris Fernando· Regional Aviation Director, VHB

Leads aviation planning and emerging technologies at VHB, having advised the FAA, DOT, NASA, and others on advanced air mobility and UAS. An adjunct professor at Florida Tech leading AAMA workforce development.

Dan Kim· Chief Strategy Officer, TechInsights

A Cambridge PhD and CSO at semiconductor intelligence firm TechInsights, previously Chief Economist of the CHIPS Program Office shaping US semiconductor strategy.

Eric Nielsen· Executive Vice President, SunPower

Co-founder of Sunder Energy (acquired by SunPower in 2025) and now EVP at SunPower, with an economics degree and MBA and deep expertise in energy and solar.

Greg Clark· Chief Commercial Officer, Kindred Motorworks

Led INEOS Motors' Americas expansion and previously worked in Mercedes-Benz's AMG department, with expertise in manufacturing, scaling, and commercializing complex machines globally.

Ilia Kozhelskii· Compute Trader, Andromeda Cluster

A Wharton graduate on the business staff at Andromeda Cluster focused on AI infrastructure, with prior roles at SpaceX and TotalEnergies, supporting ambitious hardware technology founders.

Jon Reifschneider· Executive Director, AI, Duke University

A former NASA engineer leading Duke University's AI for Product Innovation master's program and founder of Inquisite AI, focused on applied AI and engineering-driven product innovation.

Michael Nevski· Director of Global Insights, Visa

Director of Global Insights at Visa, where he works with the chief economist to turn consumer research into strategy, drawing on Visa's global payments data for demand signals.

Paul Beck· CEO, Sound Agriculture

A Duke Fuqua MBA and CEO of Sound Agriculture with a decade leading VC/PE-backed businesses, having started at Goldman Sachs and later worked at John Deere and Bayer on GTM and partnerships.

Reid Worthen· Technical Program Manager, Slate Automotive

An engineer experienced in scaling hardware, formerly Launch Manager for the Rivian R1 and a program manager in Ford's autonomous division, now TPM at Slate Automotive.

Ryan Kelley· Cofounder, Conifer Technologies

An engineer who co-founded VitalFlo Health (acquired 2024) and was Lunar Outpost's first management hire, now a founding partner of Conifer Technologies.

Taylor Safford· Chief Revenue Officer, NetCraft

A growth and GTM leader who was a founding team member at Qualtrics, TaxBit, and Halosight, now CRO at NetCraft, with expertise in sales leadership and growth strategy.

Zachary Fearnside· Cofounder, Conifer Technologies

A hardware product engineer who co-founded Aeva Labs (acquired 2021) and led hardware engineering at Spiffy, now a co-founder at Conifer Technologies, with expertise in electronics, automation, and manufacturing.

Frequently asked questions

What stage does Althing Ventures invest at?
Althing Ventures invests at the Pre-Seed, Seed stages.
What is Althing Ventures's typical check size?
Althing Ventures typically writes checks of $100K – $1M.
What sectors does Althing Ventures focus on?
Althing Ventures focuses on AI & Machine Learning, Data & Infrastructure, Energy, Robotics, Space Tech.

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