Levelized Capital
Venture capitalSanta Barbara · Seed–Series A
Also known as LEVELIZED CAPITAL MANAGEMENT LLC
Investment thesis
Levelized Capital backs founders building frontier technologies for energy infrastructure that can be clean, adequate, and reliable while remaining cost-competitive with incumbent solutions on a levelized cost basis, without relying on subsidies. It targets the roughly $2 trillion/year energy hardware market, driven by rising energy demand from GDP growth and AI, aging infrastructure needing replacement, and the energy transition. The firm invests at seed and early stage, seeking defensible core technology, clear market demand, a known path to first-of-a-kind (FOAK) financing, direct or indirect carbon-reduction potential, and substantial value creation from moving solutions from lab to field.
Source: firm website, verified Aug 25, 2026.
What they invest in
from 2 of 2 portfolio companiesCleantech ×1Climate Tech ×1Construction Tech ×1Deep Tech ×1Energy ×1Hardware ×1
HQs:Canada×1United States×1
Investments · 2 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12 dated
Phoenix builds trenchless boring equipment, including its Multi-Platform ADB48, designed to bore through difficult geologies such as hard rock, cobblestones, boulders, water-logged soils, loose sand, and dense clays with a single tool.
Construction TechDeep TechHardwareSan Francisco, US
Romi Kadri(Director)Roberto Zillante(Executive Officer, Director)
Board seatRomi Kadri· per SEC Form D · $5.2M raise · filed Feb 2026
Co-investorsMaC Venture Capital
SolarSteam produces heat and cooling using proprietary concentrated solar technology, using lightweight curved mirrors inside a transparent enclosure to heat fluids.
CleantechClimate TechEnergyCalgary, CA
Jonathan Sheeran(Executive Officer)Apostol Radev(Executive Officer, Director)Jourdan Urbach(Director)
Board seatJourdan Urbach· per SEC Form D · $50K raise · filed Aug 2025
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.
Frequently asked questions
- What stage does Levelized Capital invest at?
- Levelized Capital invests at the Seed, Series A stages.
- What sectors does Levelized Capital focus on?
- Levelized Capital focuses on Cleantech, Climate Tech, Deep Tech, Energy, Hardware.
- Where is Levelized Capital located?
- Levelized Capital is headquartered in Santa Barbara, US.
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