Austin · Pre-Seed–Series A · 12 people tracked
Also known as Capital Factory Fellowship · Capital Factory Partners 2017 · Capital Factory Partners 2019 · Capital Factory Partners 2020 · Capital Factory Partners 2021 · Capital Factory Partners 2022 · Capital Factory Partners 2023 · Capital Factory Ventures · CAPITAL FACTORY VENTURES MANAGEMENT, LLC
Investment thesis
Capital Factory positions itself as one of the most active early-stage investors in Texas, backing ambitious founders working on frontier and deep technology such as humanoid robots, autonomous ships, neural interfaces, and space/rocket ventures. Beyond capital, the firm emphasizes helping startups win customers and tap into what it describes as the most powerful network in the state, effectively bringing Texas resources to the table for its portfolio companies.
Source: firm website, verified Aug 25, 2026.
Team · 12 people
from the firm's website & public directories
Founder mafia
The Capital Factory mafia →9 people who came through Capital Factory went on to found or lead other companies.
What they invest in
from 63 of 86 portfolio companiesAI & Machine Learning ×19Deep Tech ×16Defense Tech ×16Hardware ×15Advanced Manufacturing ×11Healthtech ×10SaaS ×10Cleantech ×7
HQs:United States×48
Who they back
founder profiles across 30 portfolio companiesFounding team size:solo founder×122 founders×93 founders×64+ founders×3
Where their founders studiedfrom 15 founders with education data
Embry-Riddle Aeronautical University ×2The Wharton School ×2
Where their founders worked beforefrom 17 founders with career history
8VC ×2Northrop Grumman ×2Rice University ×2Twitter ×2
Accelerator rootsportfolio companies that came through a program
Investments · 86 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 42024 · 42023 · 22022 · 12021 · 12020 · 12018 · 22017 · 32015 · 120 dated
Deep Fission develops a nuclear reactor deployment system that places a pressurized water reactor about a mile underground in a deep borehole, using hydrostatic pressure for operating conditions and geothermal-style energy transfer to surface turbines.
CleantechDeep TechEnergyBerkeley, US
Richard Muller(Executive Officer, Director)Elizabeth A. Muller(Executive Officer, Director)William Mark Schmitz(Executive Officer)
Co-investorsBlue Owl CapitalDeep Future
Firefly Aerospace launches, lands, and operates space systems spanning Earth orbit to the Moon and cislunar space, serving customers such as commercial companies, NASA, and the U.S.
Deep TechDefense TechSpace TechLeander, US
Thomas Markusic(Director)inThomas E. Markusic(Chief Executive Officer and Director)Eric Salwan(Founder)inJason Kim(Chief Executive Officer; Board Member)Russell Shea Ferring(Senior Vice President and Chief Technical Officer)Daniel Fermon(Senior Vice President and Chief Operating Officer)
Co-investorsAE Industrial PartnersNoosphere VenturesRepublic Capital (ex Republic Labs)Rpm Ventures Iii Management, L.L.C.BGW Ventures
Co-investorsBeyond Earth VenturesIBXIndustrious VenturesiNetworksKluz VenturesTactico
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)in
Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+110 more
ClearSight Therapeutics develops over-the-counter ophthalmic products for common eye conditions such as dry eye, contact lens dryness, and conjunctivitis, working within FDA OTC monograph pathways.
BiotechConsumerHealthtech
Patrick Smale(Cofounder & CEO)Suchismita Acharya(Cofounder & Clinical Development Lead)Nuria Jimenez(Chief Scientific Officer)
Co-investorsHealth Wildcatters
Gembah is a product development and manufacturing platform that guides brands from market research and design through sourcing, validation, and production using a network of designers and vetted factories.
Advanced ManufacturingB2B MarketplacesConsumerDeveloper ToolsSaaSAustin, US
Henrik Johansson(Co-Founder and President)inJim Johnson(CEO)in
Co-investorsATX Venture PartnersSilverton PartnersFlexport
Austin, US
Monica Landers(Executive Officer, Director)Henrik Kjallbring(Executive Officer)David O'Brien(Executive Officer, Director)
Board seatGordon Daugherty· per SEC Form D · $5.6M raise · filed Sep 2022
Senseye provides a predictive maintenance platform that uses industrial AI and domain knowledge to help maintenance teams assess asset health, anticipate failure risk, and prioritize actions across sites.
Advanced ManufacturingAI & Machine LearningBiotechSaaSAustin, US
David Zakariaie(Executive Officer, Director)
BoardBrett Sandstrom(Director)Paul Santos(Director)in
Board seatGordon Daugherty· per SEC Form D · $25M raise · filed Oct 2025
Co-investorsMMC VenturesMomenta VenturesSony Ventures CorporationIQ CapitalWavemaker Partners
Trifecta is a meal delivery service offering chef- and dietitian-prepared, high-protein, macro-balanced meals designed to support various diets and health, fitness, and weight-loss goals.
Direct to ConsumerFoodTechWellness & FitnessSacramento, US
Elizabeth Connolly(Executive Officer, Director)Greg Connolly(Executive Officer, Director)
BoardHank Holland(Director)Robert Forlenza(Director)
Board seatThomas Kandris· per SEC Form D · $11M raise · filed Aug 2021
Co-investorsData Point CapitalRaptor Group
Advanced Bifurcation Systems develops the ABS Platform, a dual-catheter stent delivery system for treating coronary bifurcation lesions with guaranteed side branch access.
HardwareHealthtechMedical DevicesSan Francisco Bay Area, US
Airloom engineers next-generation utility-scale wind turbines designed for mass production and deployment in diverse locations, offering low-cost, reliable energy generation with reduced infrastructure requirements.
CleantechEnergyHardwareLaramie, US
Robert Lumley(Executive Officer, Director)James Singer(Executive Officer, Director)Neal Rickner(Executive Officer, Director)
BoardPhil Larochelle(Director)inJohn Singer(Director)Sarah Lewensohn(Director)
Co-investorsBreakthrough Energy VenturesAmplify CapitalCrosscut VenturesKeiki CapitalLowercarbon CapitalWYVC
Allen Control Systems develops autonomous precision weapon systems designed to counter unmanned aerial threats for military and allied forces.
AI & Machine LearningDefense TechRobotics
Mike Wior(CEO)Steve Simoni(President)Luke Allen(CTO)
Co-investorsCoalitionCraft VenturesForum VenturesInspired CapitalRally Ventures Management, LlcToba Capital+3 more
Andromeda builds a "digital knowledge twin" that turns technical manuals, service records, and institutional knowledge into a knowledge graph, using AI to deliver source-traced diagnoses and troubleshooting answers for equipment-intensive operations.
Advanced ManufacturingAI & Machine LearningEnterprise Software
Manish Modh(Founder)in
Co-investorsThe Veteran FundArtesianForerunner VenturesNFDGParadigmPurpose Ventures+2 more
Apptronik builds humanoid robots designed to perform repetitive, physically taxing, and dangerous tasks in warehousing and manufacturing environments, aiming to free workers for higher-value activities.
Advanced ManufacturingAI & Machine LearningHardwareRoboticsAustin, US
Jeff Cardenas(CEO)inNicholas Arden Paine(Executive Officer, Director)
BoardClarence Gordon Daugherty, IV(Director)Howard Lee Morgan(Director)inGeorge Samuel Rose(Director)
Co-investorsAssembly VenturesAtinum Investment Co. Ltd.B Capital GroupB4 CapitalBaseTwoBig Brain Holdings+22 more
Full-service American robotic perimeter security company automating security operations with drones, robotics, and AI.
Co-investorsDecisive Point
NoScrubs is a laundry pickup and delivery service offering wash-and-fold with same-day turnaround (as fast as four hours) via online and app booking.
ConsumerLogistics & Supply ChainMarketplacesAustin, US
Co-investorsFrontier Venture CapitalVery Serious Ventures
Mckinney, US
Justin Ray McCallon(Executive Officer, Director)Zachary Stolzenberg(Executive Officer, Director)
BoardTaylor Oliver(Director)Emil Stefanutti(Director)
Co-investorsActive CapitalAI FundCERVIN VENTURESMyriad Venture PartnersTandem Ventures
Cart.com provides unified commerce and logistics software and services that enable companies to sell and fulfill orders across multiple channels.
E-commerceLogistics & Supply ChainSaaSHouston, US
Omair Tariq(Founder and CEO)inJim Jacobsen(Director)Omair T.(Founder)inSaheb Sabharwal(Founder)inRemington Tonar, PhD(Co-founder)Jim Jacobson(Director)
Co-investorsAngel Collective Opportunity FundBeyond CapitalCincyTecheGateway CapitalHelium-3 VenturesInvestX+15 more
Circuit is an AI platform that converts a company's technical documentation into specialized agents to assist with quoting, configuration, field service, and troubleshooting.
Advanced ManufacturingAI & Machine LearningEnterprise Software
Co-investors7BC Venture CapitalCarnrite VenturesInterlock PartnersTensility Venture PartnersTTV Capital
ClearBlade provides AI-powered software for industrial-scale IoT and edge computing, including device connectivity, digital twins, automated workflows, and edge AI decision-making.
AI & Machine LearningEnterprise SoftwareIoTAustin, US
Eric M. Simone(Executive Officer, Director)David Aaron Allsbrook(Executive Officer)
BoardMatthew P. Clark(Director)Jan H. Lindelow(Director)
Co-investorsCentral Texas Angel NetworkCorsa Ventures
Bazaarvoice provides a platform for user-generated content such as customer reviews and ratings, and operates a retailer network that lets brands syndicate reviews across shopping sites.
E-commerceMarketing TechRetail TechSaaSAustin, US
Nick Shiftan(Executive Officer, Director)Apu Gupta(Executive Officer, Director, Promoter)
BoardHarry Weller(Director)Dayna Grayson(Director)Patrick Chung(Director)
Co-investorsBattery VenturesCorsa VenturesDundee Venture CapitalFloodgateMarlin Equity PartnersMatchstick Ventures+4 more
CyberSwarm designs intelligent systems inspired by natural intelligence, building AI that learns and adapts.
AI & Machine LearningDeep Tech
Mihai Raneti(CEO)Viorel Dumitru(Chief Scientist)
Co-investorsDraper Associates
Devoted Health offers Medicare Advantage plans and integrated healthcare services for older Americans, including virtual and in-home care, member support guides, and coordination with local providers across 29 states.
HealthtechInsurTechUnited States, US
Todd Park(Co-founder)inEdward Park(Executive Officer, Director)Ed Park(Co-founder)in
BoardBryan Roberts(Director)inRobert Kocher(Director)inWilliam Frist(Director)
Co-investorsAndreessen HorowitzBronze InvestmentsDns CapitalDreamers VCF-Prime CapitalFPV+18 more
DexMat produces Galvorn, an advanced carbon material that combines high electrical and thermal conductivity with strength, light weight, flexibility, and recyclability as an alternative to copper and other metals.
Advanced ManufacturingCleantechDeep TechNew MaterialsHouston, US
Matteo Pasquali(Director)inDmitri Tsentalovich(Co-Founder / CTO)inBryan Guido Hassin(CEO & Board Director)inJill Dupre(Executive Officer)Asena Hertz(Executive Officer)in
BoardKent Lucas(Director)in
Co-investorsDraper AssociatesNon Sibi VenturesAramco VenturesOverture ClimateShell VenturesTailwind Futures
Element3 works to create a domestic supply of critical materials by using existing oil and gas infrastructure and converting waste into usable commodities.
CleantechEnergyNew Materials
Co-investorsTO VCCubit Capital
Advanced ManufacturingPflugerville, US
Amin Bahari(Cofounder)Amir Bahari(Cofounder)
Co-investorsSiddhi CapitalTechstarsConstellation
Fetii provides group transportation using large-capacity vehicles that users can book through an AI platform, offering an alternative to traditional charter services for moving multiple people at once.
AI & Machine LearningConsumerMobility & TransportationAustin, US
Matthew Iommi(Founder)inJustin Rath(Founder)in
BoardBryan Menell(Director)
Co-investorsY CombinatorGoodwater CapitalRadical Investments
Firestorm Labs builds xCell, a containerized 3D-printing factory that produces modular military drones at the point of need.
San Diego, US
Daniel Magy(Executive Officer, Director, Promoter)Chad McCoy(Founder)inIan Muceus(Founder)in
BoardTommy Hendrix(Director)Aaron Jacobson(Director)in
Co-investorsBeyond CapitalBlack FlagBooz Allen VenturesBVVCDecisive PointFulcrum Venture+13 more
Fortem Technologies builds counter-unmanned aerial systems (C-UAS), including TrueView radars, DroneHunter interceptors, and SkyDome Manager software, integrated into the end-to-end SkyDome System for detecting and defeating unauthorized drones.
AI & Machine LearningDefense TechHardwareRoboticsPleasant Grove, US
Timothy Bean(Executive Officer, Director)Adam Robertson(Executive Officer, Director)
BoardMatt Ocko(Director)inEd Cluss(Director)inIbrahim Ajami(Director)
Co-investorsDCVC (Data Collective)AE Industrial PartnersSignia Venture PartnersKyber Knight CapitalNew Ground VenturesLockheed Martin Ventures
Gale enables e-commerce businesses to accept HSA and FSA card payments and identify eligible products through an IRS-compliant inventory system.
FemTechFintechHealthtechSaaSLantana, US
Tom Griffiths(Executive Officer, Director)
BoardQadeer Khan(Director)
Co-investorsTechstars
General Radar develops radar and weapons systems technology for the defense and aerospace sectors.
Deep TechDefense TechHardwareBelmont, US
Jeff(Director of Software Engineering)in
Co-investorsDisruptiveOctave Ventures Llc
Glīd builds autonomous road-rail vehicles and orchestration software that turn existing rail infrastructure — shortline mileage, dormant sidings, spurs, and industrial aprons — into first- and last-mile freight capability without new terminal construction.
Defense TechHardwareLogistics & Supply ChainMobility & TransportationRobotics
Kevin Damoa(Founder & CEO)in
Co-investorsBVVCDraper AssociatesID VenturesMission One CapitalAntlerOutlander VC+1 more
HiddenLayer provides a security platform for AI systems, offering AI discovery, supply chain security, attack simulation, and runtime protection for agentic, generative, and predictive AI applications.
AI & Machine LearningCybersecurityEnterprise Software
Co-investorsBooz Allen VenturesTen Eleven
Illuma provides IllumaSHIELD, an AI-driven voice biometrics platform that authenticates callers passively during natural conversation and detects voice-based fraud such as deepfakes and social engineering in real time.
AI & Machine LearningCybersecurityFintech
Co-investorsAllied Venture PartnersCurql Collective, LLCForefront VentureNext Level VenturesLiveOak Ventures
Intellectible is an automation platform for document-heavy, complex business processes, combining AI and SaaS expertise to handle high-stakes workflow execution.
AI & Machine LearningEnterprise SoftwareGovTechSaaSAustin, US
Jesse Lozano(Founder)inReuben Carter(Co-founder & CTO)inRosie Higgins(Co-founder & CPO)inArmistead Whitney(Director)in
Co-investorsAllied Venture PartnersBread And Butter Ventures, LlcCircadian VenturesTechstarsBread Butter VenturesPlug and Play Ventures
Clean energy company with patented 3D solar tower technology.
Advanced ManufacturingDallas, US
Stephen Cook(Director)Mohammed Alboury Njie(Director, CEO, President, Secretary of the Issuer)Andrew Woglom(Chief Financial Officer, Treasurer of the Issuer)
BoardMarlon Nichols(Director)
Co-investorsMaC Venture CapitalPortfoliaCollab Capital
Jump Aero develops an electric vertical take-off and landing (eVTOL) aircraft designed for first responders to reach emergency scenes quickly, with a focus on cutting rural emergency response times.
Deep TechHardwareMobility & Transportation
Carl Dietrich(Founder)Jeff Myjak(Co-founder)Katerina Barilov(Co-founder)Brian Lozano(Chief Technology Officer)Jeremy Bardell(COO, Senior Mechanical & Manufacturing Engineer)
Co-investorsBantam GroupMaterial ImpactMSIV
Localeur offers travel guides and local recommendations—such as restaurants and road trips—sourced from a community of locals across 200 destinations.
ConsumerSocialTravel & HospitalityAustin, US
Joah Spearman(Founder)inCate Smithson(Head of Content)
BoardHeather Brunner(Executive Officer, Director)
Co-investorsBackstage Capital
Lola Vision Systems develops edge AI processors purpose-built for defense applications, designed to deliver AI capabilities for military platforms in contested environments with emphasis on security and reliability.
AI & Machine LearningData & InfrastructureDefense TechHardwareSemiconductorsLos Angeles, US
Joshua Bush(Founder)in
Co-investorsK Street CapitalOpen Opportunity FundTechstars
Wander operates a network of vacation rental homes that come with amenities such as fast WiFi, gyms, and pools, along with cleaning teams and on-call support.
MarketplacesPropTechTravel & Hospitality
Co-investorsActivant CapitalAdapt VenturesAdvection Growth CapitalAntiAUTHENTIC VENTURESBackwards Capital+7 more
Co-investorsK Street Capital
Mantis Space is a space utility company focused on delivering more energy to satellites and other assets in low earth orbit.
Deep TechEnergySpace Tech
Maxwell Biosciences develops therapeutics aimed at treating infectious diseases.
AI & Machine LearningBiotechHealthtechLongevityAustin, US
Joshua McClure(Executive Officer, Director, Promoter)Kate McKinley(Director)inPraveen Tyle(Director)Barbara R Holcomb(Director)Annelise Barron(Director)
Co-investorsDas & Co.Keiretsu ForumLoftyInc Capital
MedScout is a commercial intelligence platform for MedTech sales teams, combining medical claims data from Medicare and commercial payers with AI agents to generate ranked, territory-specific sales opportunities.
Data & InfrastructureHealthtechSales Tech
Co-investorsFulcrum Equity PartnersStage 2 Capital
Molecula builds Circuit, an AI system that converts a company's technical documentation into guided support for quoting, field service, and troubleshooting.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareAustin, US
Higinio O. Maycotte(Executive Officer, Director)John Porter(Director)Thomas J. Meredith(Director)
Co-investorsCarnrite VenturesDrive CapitalTech Square VenturesTTV Capital
Motif Neurotech develops a therapeutic brain-computer interface using minimally invasive neuromodulation to treat difficult-to-treat mental health conditions such as depression.
BiotechDeep TechDigital HealthHealthtechMedical DevicesHouston, US
Sameer Sheth(Founder)inSunil Sheth(Founder)Nick Halper(Chief Operating Officer)inSteve Goetz(Chief Technology Officer)inAnthony Arnold(Director)
BoardJacob Robinson(Co-founder & CEO)in
Co-investorsArboretum VenturesPsyMed VenturesTMC Venture FundDivergent CapitalDolby Family VenturesKdT Ventures+2 more
Multicoin Capital is a thesis-driven investment firm that manages hedge and venture funds investing in cryptoassets, tokens, and blockchain companies.
Crypto & Web3Fintech
Tushar Jain(Co-Founder and Managing Partner)in
Co-investorsMulticoin CapitalSwordfish InvestmentsUnion Square Ventures (USV)Vintage Investment PartnersPharsalus CapitalSignalFire+1 more
Nada is a fintech and investment platform focused on the U.S. home equity market, offering products that let homeowners access their equity and let investors gain exposure to real estate.
FintechPropTechDallas, US
John Green(Executive Officer, Director)Mauricio Delgado(Executive Officer, Director)John R Green(Founder)inTore Steen(Executive Officer, Director)Andrew Lurie(Director)
BoardJeff Williams(Director)
Co-investors7BC Venture CapitalInterlock Partners
Natilus develops next-generation blended wing body aircraft for commercial cargo and passenger operations, designed to improve fuel efficiency, reduce emissions, and increase payload capacity.
Advanced ManufacturingCleantechSan Diego, US
Aleksey Matyushev(Founder)in
Co-investorsAurum Venture PartnersBeni Venture CapitalDraper AssociatesFlucas VenturesInterlock CapitalNew Climate Ventures+6 more
Neurable develops brain-computer interface (BCI) technology via smart headphones designed to enhance employee focus, productivity, and well-being in corporate settings.
AI & Machine LearningDeep TechHardwareHealthtechHR TechAnn Arbor, US
Dr. Ramses Alcaide(CEO and Co-Founder)Michael Thompson(Executive Officer)Adam Eizenberg-Molnar(Cofounder)
Co-investorsFundersClubGlobal BrainGoAhead VenturesHartmann CapitalHouston Angel NetworkInterplay Ventures Early Stage Management Llc+9 more
NovaSpark manufactures mobile, atmospheric hydrogen generation systems that produce hydrogen, power, and water on-site in remote or critical environments.
CleantechDeep TechDefense TechEnergyLouisiana, US
Rick(Chief Executive Officer)Tom(CTO & Board Member)
Co-investorsBoot64 Ventures
Orbit Fab builds the in-space propellant supply chain, offering commercial spacecraft refueling services and standardized refueling interfaces to enable reusable spacecraft and a sustainable space economy.
HardwareSpace TechSanta Clara, US
Daniel Faber(Co-Founder)Jeremy Schiel(Executive Officer, Director)Peter Shaper(CEO)Chingti Yang(Executive Officer)
Co-investors2045 VenturesACADEMY INVESTORAIN VenturesAsymmetry VenturesAurum Venture PartnersEvolution VC Partners+15 more
Outlier is a sports betting research platform that offers a curated feed of trending picks, player props, and gamelines along with performance trends, injury data, and line movement to help bettors evaluate opportunities.
ConsumerData & InfrastructureSports Tech
Co-investorsConnetic VenturesNext Coast VenturesTribeca Early Stage Partners
Owlchemy Labs is a virtual reality game studio, developing VR games with a large team of engineers, artists, and designers.
Gaming
Co-investorsColopl NextQualcomm VenturesThe Venture Reality FundColopl VR FundHTCQualcomm
Paradromics develops a brain-computer interface (BCI) system, with FDA Breakthrough Device Designations for speech decoding and digital device control, and works with academic medical institutions on translational BCI research.
BiotechDeep TechHealthtechMedical DevicesAustin, US
Matt Angle(Founder and CEO)in
Co-investors15th RockAlpha EdisonAnthropy PartnersCoastCapFrontier Path VCFusion+14 more
Dynamic workforce planning application for enterprise.
Austin, US
William Boebel(Executive Officer, Director)Pat Condon(Director)
BoardKip McClanahan(Director)inJoshua Baer(Director)
Co-investorsSilverton PartnersActive Capital
Raven Space Systems develops Microwave Assisted Deposition (MAD) 3D printing technology to manufacture aerospace-grade thermoset and ceramic composite structures, thermal protection, and related parts.
Advanced ManufacturingDefense TechSpace Tech
Ryan Cowdrey(Cofounder)Blake Herren(Cofounder)
Co-investorsFortySix Venture CapitalBackswing VenturesMana VenturesWhat If Ventures
Root Access designs and manufactures American-made electronic components for drones and autonomous robots, including perception sensors (cameras, LiDAR, depth), navigation modules (GPS, IMUs, time-of-flight), and communication modules (Wi-Fi, Bluetooth, RF).
Defense TechHardwareRoboticsNew York, US
Samarpita C.in
Co-investorsAlleyCorpAlley Robotics Ventures
Saronic builds autonomous surface vessels — including the 180-foot, long-range Marauder — along with Echelon, a command-and-control software layer for planning, simulating and operating single vessels or fleets.
AI & Machine LearningDefense TechHardwareRoboticsAustin, US
Dino Mavrookas(Co-Founder and CEO)inRob Lehman(Co-Founder and Chief Commercial Officer)inVibhav Altekar(Co-Founder and CTO)inDoug Lambert(Co-Founder and COO)inPatrick DePriest(Chief Financial Officer)inSoo Cho(Chief People Officer)in
Co-investors1Flourish Capital8VCAdvent InternationalAlpha PartnersAndreessen HorowitzAnti+21 more
Schemata provides AI-powered training and readiness solutions using immersive, photorealistic virtual experiences for equipment and operations training across defense, enterprise, and other demanding sectors.
AI & Machine LearningDefense TechEdTech
Co-investorsOwl VenturesTime Zero CapitalAnorak Ventures
Seagate Space provides orbital launch services from mobile offshore maritime platforms, offering an alternative to land-based launch ranges.
Deep TechDefense TechHardwareSpace TechSt. Petersburg, US
Michael Anderson(Co-founder & CEO)Sean Fortener(Co-founder & President / COO)
Co-investorsNew World Angels
SkyFi operates a platform that provides access to satellite imagery and Earth observation analytics from multiple providers through a single, user-friendly interface with transparent pricing.
Data & InfrastructureDeep TechDefense TechSaaS
Luke Fischer(Founder)in
Co-investorsBalerion Space VenturesBeyond Earth VenturesBuoyant Ventures Management, LlcIronGate Capital AdvisorsJ2 VenturesSeraphim Space+2 more
Surf Therapeutics develops a non-invasive broad-beam ultrasound platform that stimulates nerves to activate the body's cholinergic anti-inflammatory pathway, aiming to restore immune balance and treat inflammatory and autoimmune disorders without drugs.
Deep TechHealthtechMedical Devices
Co-investorsGENERAL INCEPTIONTMC Venture FundSOSVVVP Ignite
TAE Technologies develops hydrogen-boron (aneutronic) fusion power using a beam-driven Field-Reversed Configuration reactor design, aiming to deliver utility-scale fusion electricity to the grid in the early 2030s.
CleantechDeep TechEnergyFoothill Ranch, US
Norman Rostoker(Co-founder)Michl Binderbauer(CEO)Cedric Burgher(Chief Financial Officer)
Co-investorsNew Enterprise Associates (NEA)Chevron Technology VenturesWellcome TrustUpVentures CapitalVenrockRUSNANO
Vatn Systems builds low-cost, high-volume autonomous underwater vehicles (UUVs), passive acoustic hydrophone arrays, and vehicle-agnostic navigation and signal-processing systems for undersea missions in GPS-denied, communications-contested waters.
Defense TechHardwareRoboticsPortsmouth, US
Geoff ManchesterFreddie Mills
BoardThomas Hendrix(Director)inGeoffrey Manchester(Director)Thomas Hennessey(Director)inNelson Mills(Executive Officer, Director)
Co-investorsBeyond CapitalBlue CollectiveBVVCCentre Street PartnersChampion Hill VenturesCoalition+14 more
Virdee offers virtual reception software for hotels, resorts, and casinos that automates guest check-in through self-service kiosks, mobile apps, and web, including ID verification, payment processing, and digital room keys.
PropTechSaaSTravel & Hospitality
Co-investorsSilverton PartnersAlumni VenturesLiveOak Venture PartnersMoneta Ventures
Virdee provides virtual reception software that enables hotel guests to self-check-in via mobile app, kiosk, or web, automating identity verification, payment processing, and room access.
SaaS
Co-investorsMoneta VenturesAlumni VenturesSilverton Partners
Voyager Technologies is a defense and space technology company developing capabilities in advanced electronics, mission management, orbital data centers, space exploration, spectrum dominance, and strategic systems across air, land, space, and cyber domains.
Deep TechDefense TechSpace Tech
Co-investorsRiverbend CapitalSpaceFundSilent Ventures
Space-and-defense company that IPO'd on the NYSE (VOYG) in 2025.
X-Bow Systems is a non-traditional producer of solid rocket motors that leverages advanced additive manufacturing techniques to deliver customizable, high-performance rocket motors and comprehensive flight test services for defense and space applications.
Defense TechHardwareSpace Tech
Jason Hundley(Founder)in
Co-investorsBroom VenturesCrosslink CapitalRazor's Edge VenturesTop Corner CapitalBlumberg CapitalGradient Ventures+1 more
WorkTango (formerly YouEarnedIt) provides an employee experience platform combining employee surveys and insights with recognition and rewards, along with reporting, analytics, and HRIS integrations.
Future of WorkHR TechSaaSAustin, US
Autumn Manning(Executive Officer, Director)Kevin Dasch(Executive Officer)Kenny Tomlin(Director)
BoardMichael Dodd(Director)Sheila Spence(Director)
Co-investorsSocial StartsIDG Ventures USARidge VenturesSilverton PartnersVista Equity Partners
Your360 AI runs interview-based 360-degree feedback programs where an AI coach conducts voice conversations with employees and their feedback providers, then synthesizes the results into coaching themes and a prioritized growth plan.
AI & Machine LearningFuture of WorkHR TechSan Francisco, US
Jared Seth Goralnick(Executive Officer, Director, Promoter)Sergio Kaszczyszyn(Executive Officer, Director, Promoter)Renata Elisabeth Bell(Executive Officer, Director, Promoter)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 4
IPOs and acquisitions across the tracked portfolioDeep FissionNASDAQ: FISNFirefly AerospaceNASDAQ: FLYIntuitive MachinesNASDAQ: LUNRSpaceXNASDAQ: SPCX
Portfolio news
latest coverage across their companiesDevoted Health · businessinsider.com · Aug 21, 2026
Maxwell Biosciences · finance.yahoo.com · Aug 20, 2026
Deep Fission · ctvc.co · Aug 17, 2026
SpaceX · businessinsider.com · Aug 16, 2026
Tri Alpha Energy · techcrunch.com · Aug 15, 2026
DexMat · houston.innovationmap.com · Jul 29, 2026
Your360 AI · runtimewire.com · Jul 20, 2026
Multicoin Capital · cryptorank.io · Jul 17, 2026
Frequently asked questions
- How many investments has Capital Factory made?
- Capital Factory has 62 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
- What stage does Capital Factory invest at?
- Capital Factory invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Capital Factory focus on?
- Capital Factory focuses on Crypto & Web3, Deep Tech, Defense Tech, Hardware, Healthtech, Robotics, Sector Agnostic, Space Tech.
- Where is Capital Factory located?
- Capital Factory is headquartered in Austin, US.
- Does Capital Factory lead rounds?
- Yes, Capital Factory leads investment rounds.
- Who does Capital Factory co-invest with?
- Capital Factory most often shares deals with Draper Associates, Techstars, The Veteran Fund, among 238 tracked co-investors.
Media · Podcasts & interviews
featuring the teamJoshua Baer Dies In Plane Crash At 50: Capital Factory CEO & Austin Tech Icon Killed - Times of India Videos
Joshua Baer · timesofindia.indiatimes.com
Teenage son of Capital Factory founder Joshua Baer "ok" after deadly plane crash
KXAN · Joshua Baer
Capital Factory CEO Joshua Baer killed in plane crash near Laredo, Texas
CBS Austin · Joshua Baer
‘He really cared deeply’; Remembering Capital Factory CEO Joshua Baer
KXAN · Joshua Baer
The Exchange x AI+Autonomy: Gordon Daugherty of Capital Factory
Special Competitive Studies Project · Gordon Daugherty
Nick Spiller - host of the Austinpreneur podcast and Principal at Capital Factory.
Iconic Conversations · Nick Spiller
Images
Co-investors · 62
Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.
Silverton Partners is an early-stage venture capital firm based in Texas that partners with founders long-term, having backed 75+ portfolio companies with 30+ acquisitions and 4 IPOs.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
What If Ventures is a venture capital firm investing in transformative technology, with a focus on healthcare/mental health and defense technology.
Active Capital is a venture firm led by Pat, an entrepreneur turned investor, focused on pre-seed investments in technical founders building AI-native software, infrastructure, and products for business use cases.
Interlock Partners is an investment firm that backs companies positioned to win, offering a hands-on approach and operating experience to accelerate their success.
Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.
DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.
.jpeg){kind=logo}
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Todd and Rahul's Angel Fund is an early-stage investment vehicle run by founders Todd Goldberg and Rahul Vohra, who write $300k-$500k checks into early-stage startups and help with product/market fit, go-to-market, and future fundraising.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Trajectory Ventures invests in and partners with innovative founders and companies driving digital transformation, while also providing advisory, growth marketing, financing strategy, and M&A support.
▶50 more co-investors
Propeller VCSamsung NextNext Coast VenturesLiveOak VenturesRedpoint VenturesNotable CapitalFelicis VenturesUnknown VenturesBoxGroupKrakenSound VenturesGreat Oaks Venture CapitalSapphire VenturesFirstMark CapitalInovia CapitalPractical Venture CapitalIA VenturesNot Boring CapitalAtlas Venture2048 VenturesPantera CapitalShasta VenturesAwesome People VenturesHaun VenturesBaseline VenturesRobot VenturesMorado Venture PartnersSAV (Scale Asia Ventures)Scalar CapitalBIOSPRING PARTNERSLombardstreet VenturesIrishAngelsTrucks VCAmbush CapitalG20 VenturesSutter Hill VenturesThe Alchemy FundAmazon Alexa FundMotivate Venture CapitalAlchemy VenturesTimespan VenturesForm CapitalPharos Capital GroupAltos VenturesSpringdale VenturesResults JunkiesNewMont VenturesE-MergeLemnos VCDeepWork Capital
Firms observed investing alongside Capital Factory, from public investor directories. Shared companies are the overlap with Capital Factory's recorded portfolio.
Similar investors
DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.
Hyderabad Angels is an angel investment network founded in 2010, comprising entrepreneurs, industrialists, and family offices that back early-stage startups across India with capital and mentorship.
A globally recognized venture capital firm designed to provide access to highly competitive venture deals to individual investors, consistently recognized for top-decile DPI performance and as one of the most active US venture firms.
UntroD Capital is a deep-tech-focused investment firm that backs research-and-development-driven startups whose innovative technologies address challenges facing the planet and humanity, an approach it terms 'Real Tech'.
UTokyo Innovation Platform (UTokyo IPC) invests in startups that address social challenges, focusing mainly on deep tech with the potential to bring significant impact to society.