Fundraising Fox

Lichen Ventures

Venture capitalActively deploying

Baltimore · Seed–Late Stage

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Investment thesis

Lichen Ventures invests in climate-hard-tech companies whose unit economics are sound independent of climate impact monetization. The firm targets US-based seed-stage companies in sectors with high disruption potential and planetary impact, specifically biomanufacturing, adaptation and resilience, industrial decarbonization, critical minerals, and methane management. The firm emphasizes disciplined technology development over hype and provides wraparound support including technical insights, strategic guidance, and operational assistance to portfolio companies.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Late Stage
Check
$200K – $200K
HQ
Baltimore, US
Leads rounds
Follows
Instruments
Equity

Frequently asked questions

What stage does Lichen Ventures invest at?
Lichen Ventures invests at the Seed, Growth, Late Stage stages.
What is Lichen Ventures's typical check size?
Lichen Ventures typically writes checks of $200K – $200K.
What sectors does Lichen Ventures focus on?
Lichen Ventures focuses on AgTech, Cleantech, Climate Tech, Deep Tech, Energy, New Materials.
Where is Lichen Ventures located?
Lichen Ventures is headquartered in Baltimore, US.
Does Lichen Ventures lead rounds?
Lichen Ventures typically participates in rounds rather than leading them.

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