Avesta Fund
Venture capitalDenver · Pre-Seed–Series A · 5 people tracked
Find your way into Avesta Fund
1,908 people in our graph share verified history with the Avesta Fund team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Avesta invests in the intelligence layer that optimizes constrained compute, energy, and industrial infrastructure. The firm believes critical infrastructure is underbuilt and under-optimized as the energy transition, AI buildout, and reshoring accelerate demand. It argues winners will optimize rather than simply build more, reclaiming wasted watts and idle assets for durable value. Avesta backs early-stage, asset-light technology companies in North America — from pure software to light hardware-enabled solutions — that are post-MVP with early paying customers and raising $2M-$5M rounds across AI infrastructure, energy systems, and industrial systems/physical AI, and connects them with investors, customers, and corporate partners.
Source: firm website, verified Aug 3, 2026.
Team · 5 people
from the firm's website & public directories
What they invest in
from 23 of 24 portfolio companiesAI & Machine Learning ×10Cleantech ×10Energy ×10SaaS ×8Climate Tech ×4Fintech ×4EdTech ×3Enterprise Software ×3
HQs:United States×17Canada×2Netherlands×1
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×62 founders×63 founders×5
Where their founders studiedfrom 26 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
Bank 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 · 24 tracked
founders shown can be your intro pathBy year:2026 · 12024 · 12023 · 12022 · 25 dated
Avatour provides a 360° video platform for remote inspections, virtual tours, and training, enabling participants to explore immersive panoramic views of physical sites in real time.
Advanced ManufacturingDeveloper ToolsFuture of WorkLogistics & Supply ChainSilicon Valley, US
Devon CopleyinPrasad Balasubramanian(Founder)inStefan Hessein
Co-investors500 GlobalBifMerus CapitalUlu VenturesPlug and Play 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-investorsVoLo 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-investorsCathay InnovationTechstarsTruStage VenturesCathay CapitalMassiveSouth Park Commons
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
.png)
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(Executive Officer, Director)inAnderson Barkow(Executive Officer)inMichele Nesbit(Executive Officer)
Co-investorsAligned Climate CapitalData Point CapitalRemarkable VenturesValo Ventures
Cambium builds infrastructure and technology to connect buyers with sustainable wood materials and products.
B2B MarketplacesClimate TechLogistics & Supply ChainNew MaterialsCalifornia, US
Theo Hooker(Executive Officer, Director)inMarisa Repka(Executive Officer, Director)inBen Christensen(Founder & CEO)in
Co-investorsBlue Ivy VenturesConnecticut InnovationsCrosscut VenturesJuniperMaC Venture CapitalTunitas Ventures+3 more
.jpeg){kind=logo}
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)in
Co-investorsAligned Climate CapitalAutodesk FoundationBlue Bear Capital PartnersEnergy Impact PartnersEverywhere VenturesHigh Street Equity Partners+9 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 Ventures
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 AmericaBetter Ventures+1 more
.png)
Concentro operates a platform for transferring clean energy tax credits, handling diligence, insurance, and legal documentation for both developers and corporate buyers.
CleantechEnergyFintech
Tao Mantaras(Founder)in
Co-investorsDorm RoomLifeX 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-investors4impact capitalNew Climate 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
Aarish Grover(Founder)inTemuge Enkhbaatar(Founder)in
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-investorsBetter 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 GlobalVektor 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 Ventures
Embue develops IoT and building automation solutions that help multifamily property owners reduce carbon emissions and operating costs while improving resident comfort.
CleantechEnergyIoTPropTechSaaS
Co-investorsLotus 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-investorsK Street CapitalKeiki CapitalKhasma CapitalPortland Seed FundResolute VenturesSun Road Syndicate+1 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 VenturesTechstars
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 VCNeer Venture Partners
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 InnovationsKeiki Capital+5 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
Co-investorsClean Energy VentureYork Angel Investors Inc.
Portfolio news
latest coverage across their companiesCoolgradient · datacenterdynamics.com · Jul 27, 2026
CapeZero · startupintros.com · Jul 13, 2026
Cambium · techcrunch.com · Jul 8, 2026
Beem · briefglance.com · Jun 25, 2026
Kestrel Labs · alleywatch.com · Jun 15, 2026
Enduring Planet · citybiz.co · Jun 4, 2026
Drover AI · nasdaqprivatemarket.com · Apr 3, 2026
Doowii · nasdaqprivatemarket.com · Apr 3, 2026
Frequently asked questions
- How many investments has Avesta Fund made?
- Avesta Fund has 24 tracked investments, including 2 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, 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, Techstars, Everywhere Ventures, among 57 tracked co-investors.
Similar investors
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
This page is BDC's analysis and research hub, publishing studies, surveys, and reports on issues affecting small and medium-sized businesses in Canada.
MPG Fund is an early-stage venture investor backing technology startups.
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
Alpha Edison is an early-stage venture firm that partners with entrepreneurs using technology to unlock latent demand in markets where consumer and business behaviors are shifting.