Fundraising Fox
Dipalo Ventures
Venture capitalActively deployingChicago · Pre-Seed–Series C · 8 people tracked
Find your way into Dipalo Ventures
4,018 people in our graph share verified history with the Dipalo Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Dipalo Ventures argues that software alone cannot solve the critical challenges facing people and the planet. It sees a historic inflection point where advances in materials, manufacturing, and AI-enabled supply chains are opening new possibilities, though commercialization remains difficult. The firm invests in hard tech across energy, climate, and physical AI, and pairs capital with deep engineering and product expertise. Its partners are serial entrepreneurs and operators who have shipped physical products at scale, so they conduct technical diligence on engineering, supply chains, and the path from prototype to production. Through its Residency program, the firm embeds with founders before and after investing, supporting design, manufacturing, and scaling.
Source: firm website, verified Sep 27, 2026.
What founders say
No founder feedback on Dipalo Ventures yet.
Team · 8 people
from the firm's website & public directories
What they invest in
from 18 of 21 portfolio companiesHardware ×10Consumer ×6AI & Machine Learning ×5IoT ×5Cleantech ×3Deep Tech ×3Healthtech ×3Advanced Manufacturing ×2
HQs:United States×12Poland×1
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×82 founders×34+ founders×1
Where their founders studiedfrom 14 founders with education data
Georgia Institute of Technology ×2Harvard University ×2
What their founders studiedfrom 14 founders with field-of-study data
Engineering ×5Business & Management ×4Finance & Accounting ×2Humanities ×2
Where their founders worked beforefrom 13 founders with career history
Foley & Lardner LLP ×2
Accelerator rootsportfolio companies that came through a program
Investments · 21 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12022 · 22020 · 26 dated
Allergyamulet develops a portable food allergen and ingredient sensor to help people with food allergies safely identify potential allergens in food before consumption.
ConsumerHardwareHealthtechMedical Devices
Abigail Barnes(Co-Founder & CEO)in
Co-investorsAllerfund Ventures, LlcColle Capital PartnersGreat North VenturesGreat Oaks Venture CapitalHealthX VenturesLightship Capital+1 more
Ascenti Tech builds WearTAK, a wrist-worn Tactical Assault Kit (TAK) end-user device that passively monitors operator vitals, drops MIL-STD-2525D map points, sends alerts, and provides microphone-based gunshot and UAS detection over existing TAK infrastructure.
Defense TechHardwareIoT
Paul Couston(Founder)in
Co-investorsChicago Early Growth Ventures (CEGV)Elevate VenturesIllinois VenturesSandalphon CapitalTribes VenturesFox Ventures
Azumo develops low-power display technology, specifically reflective LCD systems and front light panels that reduce energy consumption for device screens.
Advanced ManufacturingCleantechDeep TechHardwareNew MaterialsChicago, US
Mike Casper(CEO (Co-Founder))inTony(CTO (Co-Founder))Shawn Pucylowski(CFO (Co-Founder))inDr. Tony Nichol
Co-investorsAnzu PartnersEarth FoundryEnergy FoundryWestern Technology InvestmentSABIC Ventures
Draftbit is a low-code platform that enables users to build web and mobile applications for iOS and Android using visual editing, AI agents, and integrated development tools.
Developer ToolsEnterprise SoftwareChicago, US
Brian Luerssen(Founder/CEO)in
Co-investorsCorazon CapitalFloodgateNew Stack VenturesNewlin VenturesY CombinatorBCo Venture+7 more
Flora is a mobile app (iOS and Android) that identifies plants from photos, provides care guides and watering reminders, and hosts a community for plant owners.
AI & Machine LearningConsumerSocial
Co-investorsLongJump Ventures
GRIND manufactures portable basketball shooting machines and hosts community events that combine sports technology with STEM education for underserved youth.
ConsumerCrypto & Web3EdTechGamingHardwareSports TechHouston, US
Thomas Fields(CEO & Founder)in
Co-investorsTechstars
Immersed develops VR software that creates portable, distraction-free workspaces for remote workers to improve focus and productivity.
Future of WorkHardwareCincinnati, US
Renji Bijoy(Executive Officer, Director, Promoter)in
Co-investorsTechstarsTribes Ventures
Jiobit develops wearable tracking devices for child safety, pet monitoring, and elder care supervision.
ConsumerHardwareIoTChicago, US
John Renaldi(Co-founder)in
Co-investorsNew Stack VenturesSandalphon CapitalTechstarsWakestream VenturesGraphene Ventures
Kadeya operates a closed-loop beverage system that autonomously bottles filtered water and flavored, sparkling, or branded drinks on demand at vending stations, then collects the reusable glass and stainless steel bottles for cleaning and reuse.
Circular EconomyCleantechClimate TechFoodTechHardwareWellness & FitnessChicago, US
Manuela ZoninseininAli Rose van OverbekeinAndrew Dunn(Director)
BoardZachary Smith(Director)
Co-investorsChicago Early Growth Ventures (CEGV)Clocktower VenturesEvergreen Climate InnovationsGROOVE CAPITALOxonian VenturesPS27 Ventures+4 more
MITO is a platform for video creation and storytelling that combines AI assistance with human creative control, serving filmmakers and content creators.
AI & Machine LearningCreator EconomyMedia & Entertainment
Arantxa Barcia(Founder)in
Co-investorsKfundCortado VenturesElevate VenturesHG VenturesKibo VenturesLightspeed Venture Partners+1 more
MITO Material Solutions develops patented hybrid additive technology that enhances fiber-reinforced composites and thermoplastics by functionalizing materials like graphene oxide and biomaterials, serving the manufacturing industry.
Advanced ManufacturingCleantechClimate TechDeep TechNew MaterialsStillwater, US
Haley Marie Keith(Executive Officer, Director)inKevin Keith(Director)Steve Hulme(Director)
BoardMahdi Ghazizadeh(Director)Richard J. Diemer, Jr.(Director)Joel Neale(Director)
Co-investorsCitrine AngelsCortado VenturesE8 AngelsElevate VenturesEvergreen Climate InnovationsHG Ventures+3 more
NovaScan develops a platform technology combining AI and spectral bioimpedance for oncology applications, with multiple diagnostic and intraoperative products built on a shared hardware and software foundation currently in clinical trials.
AI & Machine LearningHealthtechMedical Devices
Co-investorsGreen Park & Golf VenturesPortal Innovations
NuCurrent designs and licenses wireless power and NFC charging architecture for wearables, hearables, and ambient devices, working with product manufacturers to integrate coil, silicon, firmware, and thermal design.
ConsumerDeep TechHardwareIoTChicago, US
Jacob Babcock(CEO)inStephen Wasko(Executive Officer)inMegha Maripuri(Executive Officer)Jeffery Korach(Director)Chris Jensen(Director)
BoardDaniel Einhorn(Director)in
Co-investorsCapital Midwest FundIU VenturesLakewest Venture PartnersTribal VenturesHyde Park Angels
Rivia Health develops AI-powered patient payment automation software for specialty healthcare practices.
AI & Machine LearningEnterprise SoftwareHealthtechPhoenix, US
Rachel Mertensmeyer(Executive Officer, Director)inBrenda Schmidt(Director)
BoardGregg Scoresby(Director)in
Co-investorsEdge Case Capital PartnersMotley Fool VenturesPHX VenturesXcellerant VenturesAiSprouts VCGolden Seeds
Scalable Systems Group provides real-time monitoring of container weights and bin utilization for logistics and waste management operations.
IoTLogistics & Supply ChainAtlanta, US
Patrick Doyle(Founder)in
Throne designs and operates smart public restrooms equipped with sensors, running water, and real-time cleanliness ratings for urban public spaces.
HardwareIoTPropTechLos Angeles, US
Jessica Heinzelman(Director)inFletcher Wilson(Executive Officer, Director)in
BoardEric Reiter(effective 10/15/2025)inPhillip Attia(Director)Ravin Gandhi(Director)Benjamin Clark(effective 10/15/2025)
Co-investorsBrentwood AssociatesSandalphon CapitalFirst Round CapitalKhosla VenturesNextGen Venture PartnersUncorrelated Ventures+1 more
Vumo develops AI-powered car imaging and inspection technology that automates and standardizes vehicle condition assessment for the automotive sector.
AI & Machine LearningHardwareInsurTechRetail TechRoboticsKrakow, PL
Michał Laska(Co-Founder)Sławek Potasz(Co-Founder)in
Co-investorsAper VenturesFf Venture CapitalFundingBox Deep Tech FundTechstars
Zenblen is developing an automated smoothie service positioned as a "personal smoothie barista" to make healthy eating more accessible in people's daily routines.
ConsumerFoodTechRoboticsWellness & FitnessChicago, US
Xinyuan Zhang(Executive Officer)inRehman Merali(Executive Officer, Director)in
BoardGrigoriy Rublev(Director)
Co-investorsLofty VenturesService Provider CapitalSlauson & Co.
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AmuletGrindWearTAK (formerly AI Tech)
Portfolio news
latest coverage across their companiesMITO · finance.yahoo.com · Jan 29, 2026
Throne Labs · finsmes.com · Oct 22, 2025
Rivia Health · riviahealth.com · May 22, 2025
Frequently asked questions
- How many investments has Dipalo Ventures made?
- Dipalo Ventures has 21 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does Dipalo Ventures invest at?
- Dipalo Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C stages.
- What sectors does Dipalo Ventures focus on?
- Dipalo Ventures focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Cleantech, Climate Tech, Deep Tech, Energy, Hardware, Mobility & Transportation, Robotics.
- Where is Dipalo Ventures located?
- Dipalo Ventures is headquartered in Chicago, US.
- Who does Dipalo Ventures co-invest with?
- Dipalo Ventures most often shares deals with Techstars, Evergreen Climate Innovations, Sandalphon Capital, among 49 tracked co-investors.
Media · Podcasts & interviews
featuring the teamDefining A Properly Designed 'Product Roadmap', With Rafiq Ahmed of Dipalo Ventures
Mindset Startup Academy - Verlin Gradney · Rafiq Ahmed
An Intro to Dipalo Ventures, With Rafiq Ahmed
Mindset Startup Academy-Verlin Gradney · Rafiq Ahmed
Dipalo Ventures Investment Focus, With Rafiq Ahmed of Dipalo Ventures
Mindset Startup Academy - Verlin Gradney · Rafiq Ahmed
#0027 - Investor and Product Discussions with Rafiq Ahmed and Mitul Patel of Dipalo Ventures
Established · Rafiq Ahmed
Portugal Golden Visa: 2026 Updates & Tax Compliance Guide
Dipalo Ventures
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