Fundraising Fox
Avesta Fund
Venture capitalDenver · Pre-Seed–Series A · 5 people tracked
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Investment thesis
Avesta Fund invests in the intelligence layer that optimizes constrained compute, energy, and industrial infrastructure. The firm believes critical infrastructure is underbuilt and under-optimized, with the energy transition, AI buildout, and manufacturing reshoring straining legacy systems. It argues that winning companies will optimize rather than merely build, capturing durable value from every reclaimed watt and utilized asset. Avesta backs early-stage founders offering software-first solutions to critical bottlenecks across AI infrastructure, energy systems, and industrial systems / physical AI, connecting them with investors and customers. It targets scalable, asset-light companies in North America, from pure software to light hardware-enabled solutions.
Source: firm website, verified Sep 27, 2026.
Team · 5 people
from the firm's website & public directories
Stuart Davidson has 20+ years of early-stage technology investing spanning tech cycles since the dot‑com era and a track record in impact investing, having founded and chairs an impact firm.
Venture Partner and serial climate-tech entrepreneur, also a Partner at Realize 2050. He founded the NYSERDA-funded Uptake Alliance and co-founded The EV Button, and previously led product marketing at EnerNOC. Holds an MBA from the University of Chicago Booth.
Principal focused on commercializing early-stage climate and deep-tech technologies. She was a Business Fellow in the inaugural Breakthrough Energy Fellows cohort, interned with Rivian's corporate development team, and worked as an economic consultant at Charles River Associates. Holds an MBA from UC Berkeley Haas.
Principal at Avesta Fund who previously managed the NYSERDA-backed Venture For ClimateTech accelerator and served as Pipeline Coordinator at Techstars. She founded Grazeable, an agtech company, and studied Engineering at the University of Colorado at Boulder.
What they invest in
from 27 of 30 portfolio companiesAI & Machine Learning ×13Cleantech ×12Energy ×11SaaS ×9Climate Tech ×6Enterprise Software ×6Fintech ×4Data & Infrastructure ×3
HQs:United States×20Canada×2Argentina×1Netherlands×1
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×62 founders×53 founders×6
Where their founders studiedfrom 27 founders with education data
Yale School of the Environment ×2
What their founders studiedfrom 26 founders with field-of-study data
Engineering ×9Business & Management ×8Computer Science ×6Finance & Accounting ×3Humanities ×3Economics ×2
Where their founders worked beforefrom 29 founders with career history
Google ×3Bank of America ×2Nokia Technologies ×2University of Washington ×2Unreasonable ×2US Navy ×2
Accelerator rootsportfolio companies that came through a program
4 founders hold a PhD · 5 hold an MBA (of 26 with degree data)
Investments · 30 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12024 · 22023 · 12022 · 28 dated
Avatour provides a 360° video collaboration platform that enables remote participants to explore immersive panoramic views of physical locations in real time.
Advanced ManufacturingDeveloper ToolsEnterprise SoftwareFuture of WorkLogistics & Supply ChainSan Francisco, US
Prasad Balasubramanian(Founder)inDevon CopleyinStefan Hessein
Co-investors500 GlobalBifMerus CapitalNTT DOCOMO VenturesPlug and Play VenturesUlu Ventures
BattGenie develops software for battery management systems, using physics-based battery models to optimize charging, state-of-charge and state-of-health estimation for lithium-ion and next-generation batteries.
CleantechDeep TechEnergySaaSSeattle, US
Venkat Subramanian(CTO, Chief Scientific Advisor & Co-Founder)inManan Pathak(CEO & Co-Founder)inChintan Pathak(CPO & Co-Founder)inRobert Spotnitz(Director)in
Co-investorsThird DerivativeVoLo Earth Ventures
Beem is a fintech app offering instant cash advances up to $1,000 with no credit checks or income restrictions, personal loans up to $100,000, and AI-powered financial tools for budgeting, price comparison, and job matching.
AI & Machine LearningFintechSan Francisco, US
Co-investorsAlumni VenturesCathay InnovationTechstarsTruStage VenturesCathay CapitalMassive+1 more
Blue Studios operates an edutainment streaming platform for families that combines educational content with games and interactive classes, broadcasting globally.
ConsumerCrypto & Web3EdTechMedia & EntertainmentNew York City, US
Emile Cambry Jr.Kelley Cambryin
Co-investors500 GlobalFinancial Venture StudioRestive VenturesTechstarsOwl Ventures
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BoxPower provides turnkey solar microgrid systems that combine solar, battery storage, and backup generators, handling project development, engineering, installation, monitoring, and maintenance.
CleantechClimate TechEnergyHardwareGrass Valley, US
Angelo Campus(CEO, Co-Founder)inAnderson Barkow(CSO, Co-Founder)inMichele Nesbit(Executive Officer)
Co-investorsAligned Climate CapitalData Point CapitalRemarkable VenturesValo VenturesTechNexus Venture Collaborative
Cambium builds infrastructure and technology to connect buyers with sustainable wood materials and products.
B2B MarketplacesClimate TechLogistics & Supply ChainNew MaterialsCalifornia, US
Theo Hooker(Founder)inMarisa Repka(Founder)inBen Christensen(Founder)in
Co-investorsAlumni VenturesBlue Ivy VenturesConnecticut InnovationsCrosscut VenturesDangerous VenturesGroundswell Ventures+12 more
CapeZero is a cloud-based project finance modeling platform that centralizes and operationalizes financing data, replacing spreadsheet models with investor-grade models and real-time analysis.
CleantechEnergyFintechSaaSKingston, US
Sumit Chachra(Technical Co-founder & Chief Technology Officer)inManish Hebbar(Co-founder & Chief Executive Officer)in
Co-investorsClimacticStepchangeVirta VenturesPowerhouse
ChargerHelp provides a managed reliability service for EV charging stations, powered by its EMPWR technology platform that offers remote diagnostics, unified data analysis, and reporting on charger uptime.
EnergyMobility & TransportationSaaS
Kameale C. Terry(Co-Founder & Chief Executive Officer)inEvette Ellis(Co-Founder & Chief People Officer)inKameale Terry(CEO & Co-Founder)
Co-investorsAligned Climate CapitalAutodesk FoundationBlue Bear Capital PartnersEnergy Impact PartnersEverywhere VenturesHigh Street Equity Partners+10 more
Clear Current provides AI-powered transparency and automation for energy contract and tariff management, helping organizations extract insights from energy data to optimize procurement decisions and reduce costs.
AI & Machine LearningEnergyEnterprise Software
John Reuter(Co-founder, CEO)inJake Masters(Co-founder, CTO)in
Co-investorsCity LightCoreline VenturesCreative Destruction Lab (CDL)Rho Capital PartnersRho VenturesMontauk Climate
The page presents Mostbet, an online platform offering sports betting alongside casino entertainment such as slots and live dealer games, aimed at users in Poland.
ConsumerGamingHealthtechChicago, US
Nate Pelzer(Founder)in
Co-investorsBetter Ventures Central LlcSeae VenturesTechstarsAcumenAcumen AmericaImpact Engine
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Concentro provides financing mechanisms and financial tools for distributed generation projects, serving clean energy developers.
CleantechEnergyFintech
Tao Mantaras(Founder)in
Co-investorsDorm RoomLifeX VenturesPlug and Play VenturesThe MBA Fund
Lucend builds an AI-driven platform that optimizes data center operations to reduce energy and water consumption.
AI & Machine LearningCleantechCloud ComputingData & InfrastructureEnterprise Software
Jasper(Co-Founder)Rene(Co-Founder)
Co-investorsGolden Egg Check Capital B.V4impact capitalNew Climate VenturesRemarkable VenturesStepchange
Courie is a transport management platform for regional couriers focused on same-day and next-day delivery, offering AI-assisted dispatch, route optimization, an integrated CRM, customizable pricing, driver pay, and customer portals.
AI & Machine LearningLogistics & Supply ChainSaaSPalo Alto, US
Doowii offers an AI-based analytics platform that consolidates an education institution's existing data sources into one place so staff can ask questions and get answers without needing a dedicated data analytics team.
AI & Machine LearningData & InfrastructureEdTechLos Angeles, US
Ben Dodson(CEO & Founder)inMatthew Young(Head of CX & Founder)inBenjamin D(Founder)Patricia Dodson(Chief of Staff)in
Co-investorsAntlerBetter Ventures Central LlcBrass Ring VenturesGSV Ventures
Drover AI develops computer vision and AI technology for micromobility vehicles (light electric vehicles), focused on rider safety, regulatory compliance, and a marketplace for mobile sensor data insights.
AI & Machine LearningIoTMobility & TransportationBig Sky, US
Alex NesicinChristian Scheder-Bieschin(Executive Officer, Director)inAsif Ahmed(Director)Christopher Riley(Director)Craig Flower(Director)inMax Scheder-Bieschin(Executive Officer, Director)in
Co-investors500 GlobalAloniqVektor Partners
Pittsburgh-based company that turns food waste into liquid fertilizer and biogas using container-based anaerobic digesters.
Pittsburgh, US
Elliott Bennett(Cofounder)inDylan Lew(Cofounder)inKyle Wyche(Cofounder)in
BoardJudy Li(Director)
Co-investorsEarth FoundryEnergy FoundryEverywhere VenturesGaingelsSSC Venture PartnersCisco Investments
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Embue develops IoT and building automation solutions that help multifamily property owners reduce carbon emissions and operating costs while improving resident comfort.
CleantechEnergyIoTPropTechSaaS
Co-investorsE8 AngelsLotus Venture PartnersShadow VenturesThe Alchemy Fund
Enduring Planet provides working capital and fractional CFO services—including bookkeeping, accounting, analytics, and fundraising support—to climate-focused startups and SMBs.
Climate TechFintechImpact & Social GoodPortland, US
Dimitry Gershenson(CEO)inErin Davis(COO)inVsevolod Kozinsky(Director)Olympia DeCastro(Director)
Co-investorsDangerous VenturesE8 AngelsGaingelsK Street CapitalKeiki CapitalKhasma Capital+3 more
EnrollML offers VantagePoint, an AI system that connects to a college's CRM to analyze student enrollment funnel data and generate strategic, per-student guidance for admissions counselors.
AI & Machine LearningEdTechSaaS
Geoff Baird(Founder)in
Co-investorsGreater Colorado Venture Fund
Enurgen provides energy yield modeling software for solar projects, helping large-scale solar energy providers reduce uncertainty in performance forecasts and protect asset value across their portfolios.
CleantechClimate TechEnergySaaSOttawa, CA
Co-investors2048 VenturesBDC Seed Venture FundTechstarsBrightspark VenturesDiagram
Enzinc develops zinc micro-sponge anode battery technology for energy storage, working to bring production-ready battery systems to market through battery manufacturing partners.
CleantechEnergyHardwareNew MaterialsSan Anselmo, US
Michael Burz(Chief Executive Officer and Founder)inDeborah Knuckey(Cofounder & Chief Marketing Officer)Adam Buckfelder(Chief Financial Officer)Jenna Lynch(Chief People Officer)inMichael Galluzzo(Chief Technology Officer)inWilliam Cogen(Director)
Co-investorsTO VCE8 AngelsNeer Venture PartnersThird Derivative3x5 Partners
Euclid provides software and services for renewable energy teams, including a platform that extracts and structures data from project documents into costs, risks, requirements, and action items.
CleantechClimate TechEnergySaaSNew York City, US
Jacob Sandry(Founder)inBrian DeMaio(Founder)inRyan Guay(Founder)in
Co-investorsBridges Fund Management Ltd.Coalition OperatorsCommonweal VenturesDesigner FundNextView VenturesSpero Ventures+3 more
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Flow develops a geospatial AI platform that optimizes transportation networks by processing real-time roadway data to improve traffic flow, reduce congestion, and enhance safety for drivers, fleet operators, and transportation agencies.
AI & Machine LearningEnterprise SoftwareMobility & TransportationOakland, US
Jatish Patel(Founder)in
Co-investorsAvilaBlank Space VenturesCerity Partners VenturesInterlock CapitalResolute VenturesRiverPark Ventures+1 more
Kestrel Labs develops software that translates building code into machine-executable logic and runs compliance checks directly within BIM models, integrated into tools like Autodesk Revit.
AI & Machine LearningConstruction TechDeveloper ToolsPropTechSaaSDenver, US
Marian Pulford(Co-founder)inBrian(VP of Engineering)in
Co-investorsFirstMile VenturesNew Stack VenturesTechstarsDenver Ventures
Noteworthy AI helps electric utilities prevent wildfires by identifying and addressing equipment failures on distribution infrastructure.
AI & Machine LearningCleantechEnergyEnterprise SoftwareIoTStamford, US
Chris Ricciuti(Founder)inNathan Schmidt(Director)
BoardMichael Jackson(Director)inDeborah Caplan(Director)Aram Ouligian(Director)
Co-investorsAtas VCBoro CapitalC2 VenturesCity LightConnecticut InnovationsE8 Angels+6 more
QEA (QEA Tech) performs AI- and drone-based building envelope audits that quantify energy loss and R-values to guide retrofit planning for real estate owners and portfolio managers.
AI & Machine LearningCleantechPropTech
Peyvand Melatiin
Co-investorsClean Energy VentureYork Angel Investors Inc.Ontario Centre of Innovation
Satellites on Fire combines satellite data and tower-mounted cameras with artificial intelligence to detect and monitor wildfires earlier than traditional satellite systems.
AI & Machine LearningCleantechClimate TechSpace TechMartínez, AR
Franco Rodriguez Viau(Founder)in
Co-investorsAIR CapitalAntomDraper AssociatesDraper CygnusEmbarcaInnventure+6 more
Thunder Compute develops GPU virtualization software that improves utilization of graphics processing units in data centers.
AI & Machine LearningCloud ComputingData & InfrastructureDeep TechDeveloper ToolsEnterprise SoftwareSan Francisco, US
Carl Peterson(CEO)inBrian Model(CTO)in
Co-investorsAmino CapitalPreston-Werner VenturesTranspose Platform ManagementY CombinatorAsymmetry VenturesCyberAgent Capital+3 more
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Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Fused
Portfolio news
latest coverage across their companies
Thunder Compute · finance.yahoo.com · Aug 22, 2026
Cape Zero · startupintros.com · Jul 13, 2026
Enduring Planet · citybiz.co · Jun 4, 2026
Euclid Power · finance.yahoo.com · Mar 10, 2026
Enurgen · finance.yahoo.com · Oct 8, 2025
QEA Tech · qeatech.com · Aug 13, 2025
Clear Current · finsmes.com · May 27, 2025
Frequently asked questions
- How many investments has Avesta Fund made?
- Avesta Fund has 30 tracked investments, including 3 dated in the last 24 months.
- What stage does Avesta Fund invest at?
- Avesta Fund invests at the Pre-Seed, Seed, Series A stages.
- What is Avesta Fund's typical check size?
- Avesta Fund typically writes checks of $2M – $5M.
- What sectors does Avesta Fund focus on?
- Avesta Fund focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Cleantech, Climate Tech, Cloud Computing, Data & Infrastructure, Deep Tech, EdTech, Energy, Enterprise Software, Hardware, Impact & Social Good, IoT, Logistics & Supply Chain, Mobility & Transportation, New Materials, PropTech, Robotics.
- Where is Avesta Fund located?
- Avesta Fund is headquartered in Denver, US.
- Does Avesta Fund lead rounds?
- Avesta Fund typically participates in rounds rather than leading them.
- Who does Avesta Fund co-invest with?
- Avesta Fund most often shares deals with 500 Global, E8 Angels, Techstars, among 78 tracked co-investors.
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