Avesta Fund
Venture capitalDenver · Pre-Seed–Series A · 5 people tracked
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 22 of 23 portfolio companiesAI & Machine Learning ×9Energy ×9SaaS ×7Cleantech ×6Climate Tech ×4Fintech ×4Developer Tools ×3EdTech ×3
HQs:United States×17Canada×1
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×72 founders×33 founders×3
Accelerator rootsportfolio companies that came through a program
Investments · 23 tracked
founders shown can be your intro pathBy year:2026 · 22024 · 13 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
Prasad Balasubramanian(Founder)inDevon CopleyStefan Hesse
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 Cambry
Co-investors500 GlobalFinancial Venture StudioRestive VenturesTechstarsOwl Ventures
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)Anderson Barkow(Executive Officer)Michele Nesbit(Executive Officer)
Co-investorsData Point Capital
Cambium develops technology and marketplace infrastructure for the wood industry, connecting buyers and sellers while offering sustainably sourced wood products made from waste material.
B2B MarketplacesClimate TechLogistics & Supply ChainNew MaterialsCalifornia, US
Theo Hooker(Executive Officer, Director)inMarisa Repka(Executive Officer, Director)Ben Christensen(Founder & CEO)
Co-investorsBlue Ivy VenturesConnecticut InnovationsCrosscut VenturesJuniperMaC Venture CapitalTunitas Ventures+3 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(Director)inManish Hebbar(Executive Officer, Director)
Co-investorsClimacticStepchangeVirta Ventures
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(Founder & CEO)Evette Ellis(Founder)
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 VenturesRho 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)
Co-investorsBetter Ventures Central LlcSeae VenturesTechstarsAcumenAcumen AmericaBetter Ventures+1 more
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 offers an AI platform that analyzes existing sensor data (from BMS, DCIM, or SCADA systems) in data centers to detect inefficiencies, predict hardware issues, and deliver daily actionable recommendations.
AI & Machine LearningCloud ComputingEnterprise Software
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)Temuge Enkhbaatar(Founder)
Dalus provides a collaborative systems engineering platform for hardware development teams to model complexity, manage requirements, and preserve engineering knowledge using SysML v2.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareHardwareSan Francisco, US
Sebastian Völkl(Founder)inEliot Khachi(Founder)in
Co-investorsLMNT VenturesY CombinatorAIR CapitalDalus CapitalDanta FundDraper Associates+3 more
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
Christian Scheder-Bieschin(Executive Officer, Director)inAsif Ahmed(Director)Christopher Riley(Director)Craig Flower(Director)inMax Scheder-Bieschin(Executive Officer, Director)inAlex Nesicin
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)Dylan Lew(Cofounder)Kyle Wyche(Cofounder)
BoardJudy Li(Director)
Co-investorsEarth FoundryEnergy FoundryEverywhere Ventures
Embue offers a smart building platform for multifamily apartment buildings, providing central plant and in-unit equipment control, automation, monitoring, and analytics to reduce energy costs and carbon emissions.
EnergyIoTPropTech
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)Erin Davis(COO)Vsevolod 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)
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)Deborah Knuckey(Cofounder & Chief Marketing Officer)Adam Buckfelder(Chief Financial Officer)Jenna Lynch(Chief People Officer)Michael Galluzzo(Chief Technology Officer)William 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
Portfolio news
latest coverage across their companies
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
Dalus · latamrepublic.com · Apr 9, 2026
Doowii · nasdaqprivatemarket.com · Apr 3, 2026
ChargerHelp · trysignalbase.com · Dec 22, 2025
Enurgen · pulse2.com · Oct 17, 2025
Frequently asked questions
- How many investments has Avesta Fund made?
- Avesta Fund has 20 tracked investments, including 1 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 56 tracked co-investors.
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