Machina Ventures
Venture capitalActively deployingSan Francisco · 2 people tracked
Investment thesis
The firm focuses on the 'programmable economy' — leveraging AI to take autonomous action directly within preset systems and rules, with particular emphasis on blockchain-integrated applications. This thesis reflects a focus on combining artificial intelligence with decentralized infrastructure to enable autonomous decision-making and execution within constrained environments.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from the firm's website
What they invest in
from 18 of 26 portfolio companiesAI & Machine Learning ×6Cybersecurity ×4SaaS ×4Climate Tech ×2Digital Health ×2Enterprise Software ×2Fintech ×2FoodTech ×2
HQs:United States×11
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×102 founders×23 founders×1
Investments · 26 tracked
founders shown can be your intro pathBy year:2025 · 22019 · 12017 · 14 dated
Smart, simple online safety.
CybersecurityBoston, US
Hari Ravichandran(Founder and Chief Executive Officer)Brian DeCenzo(President & Chief Financial Officer)Thomas Clayton(President & Chief Operating Officer)Adam Medros(Chief Product Officer)Sarah Cherng(Chief AI Officer)Kristin Lewis(Chief Product Officer (prior to May 2026 CPO reorganization; promoted from SVP Product, May 2022))
Co-investorsAccelCore Venture CapitalCRV (Charles River Ventures)Dag VenturesFJ LabsGeneral Catalyst+6 more
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)in
PartnerMatthew Stepka· solo GP
Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+110 more
PartnerMatthew Stepka· solo GP
The AI Foundation develops personal AI systems designed to align with each individual's values and goals.
AI & Machine LearningImpact & Social Good
Lars Buttler(Founder)
PartnerMatthew Stepka· solo GP
Co-investorsAbstract VenturesAlpha EdisonFounders FundMaC Venture Capital
Aircapture builds direct air capture systems that provide commercial and industrial customers with beverage-grade CO2 captured on-site from the atmosphere, offering an alternative to traditional CO2 distribution.
CleantechClimate TechHardwareBerkeley, US
Matthew Atwood(Executive Officer, Director)Matt Atwood(Founder)inMichael DeDomenico(Director)inJerald Tenenbaum(Director)Kris Lotlikar(Director)
PartnerMatthew Stepka· solo GP
Akash Systems develops thermal management technology called Diamond Cooling, which integrates diamond with semiconductors to dissipate heat and improve efficiency in AI servers.
Deep TechHardwareSemiconductors
Alex Carter(Founder & CEO)Felix Ejeckam(Co-founder & CEO)inTy Mitchell(Co-Founder & Board Director)inPamit Surana(Chief Commercial Officer)inDaniel Francis(Chief Technology Officer)in
PartnerMatthew Stepka· solo GP
Co-investorsFounders FundKhosla VenturesAngel Collective Opportunity FundARC Angel FundBackstage CapitalBanyan Ventures+10 more
Akili Interactive develops digital medicine delivered through video game experiences, combining neuroscience with interactive technology as a therapeutic treatment.
Digital HealthGamingHealthtech
PartnerMatthew Stepka· solo GP
Co-investorsDG Daiwa VenturesEvidity Health CapitalJAZZ Venture PartnersWalnut Venture AssociatesM Ventures
Averon provides mobile-based digital identity verification and authentication technology that uses mobile network signals to authenticate users without passwords, SMS one-time passcodes, or app installation.
CybersecuritySaaS
PartnerMatthew Stepka· solo GP
Companion connects animal health and wellness professionals with expertise and resources in animal pain management.
AgTechHealthtech
John Honchariw(Founder)in
BoardRoss PalmerStacy BurdickDuncan LascellesMike McFarlandMarty Becker
PartnerMatthew Stepka· solo GP
Co-investorsJazzya InvestmentsLerer HippeauMyelin VC
Endless West produces spirits using scientific flavor recreation methods, combining natural ingredients to replicate premium beverages while reducing production waste.
Circular EconomyFoodTechNew MaterialsDetroit, US
MardonnAlec
PartnerMatthew Stepka· solo GP
Co-investorsBloom8Casa Verde CapitalCollaborative FundHorizons VenturesSOSV
Austin, US
Paul Cross(Executive Officer, Director, Promoter)Sanjay Manickam(Executive Officer, Director, Promoter)
BoardChristopher Shonk(Director)Charlie Walker(Director)
PartnerMatthew Stepka· solo GP
Co-investorsATX Seed Ventures
Hamsa provides blockchain-based financial infrastructure for banks and central banks to support faster, cheaper clearing and settlement through its Unified Ledger platform.
AI & Machine LearningCloud ComputingData & InfrastructureFintechNot stated, US
Adam Zbar(Founder and CEO)inHubert Wu(Head of Global Payment Engineering and Chief Architect)inWenhao Lin, PhD(Head of Hamsa Unified Ledger team)in
PartnerMatthew Stepka· solo GP
Co-investorsAmino CapitalCommerce VenturesFlyover CapitalGateCap VenturesGreycroftHAVEN VENTURES+5 more
Ideaflow is a notebook application that aggregates knowledge from Slack, meetings, and documents to surface relevant information at the point of need.
AI & Machine LearningEnterprise SoftwareSaaSPalo Alto, US
Jacob Cole(Executive Officer, Director)in
PartnerMatthew Stepka· solo GP
Co-investorsDraper AssociatesFour Acres CapitalRaptor GroupSeraph GroupStreamlined VenturesBoxGroup+1 more
PartnerMatthew Stepka· solo GP
Level was a financial services provider that offered advances and related products to very small businesses.
Fintech
PartnerMatthew Stepka· solo GP
Co-investorsAscend Venture CapitalKhosla VenturesLightspeed Venture Partners
LEXI builds a wireless, edge-to-cloud IoT platform for building automation, including wireless modules, smart devices, a universal IoT gateway, mobile apps, and cloud services.
Climate TechIoTPropTech
PartnerMatthew Stepka· solo GP
Co-investorsFuture Perfect Ventures
Andre Watson(Founder)
PartnerMatthew Stepka· solo GP
Co-investorsFlucas VenturesHemisphere Ventures LLCSommet AB
Pex develops AI-powered audio and video content identification technology used to detect copyrighted content and user-generated content across digital platforms, serving music companies, rightsholders, and online platforms for licensing, royalty attribution, and fraud prevention.
AI & Machine LearningCreator EconomyMedia & EntertainmentSaaSSilicon Valley, US
Rasty Turek(Founder)in
PartnerMatthew Stepka· solo GP
Co-investorsEvolution VC PartnersPartners ResoluteRockaway VenturesIlluminate Ventures
PartnerMatthew Stepka· solo GP
Co-investorsAltered VenturesGroundBreak VenturesRed Beard VenturesWhite Paper CapitalAiSprouts VC
Polygraf AI provides an inline data-governance and security platform that enforces organizational AI policies in real time, removing PII, secrets, and regulated content from prompts before they reach external LLMs and restoring it afterward.
AI & Machine LearningCybersecurityEnterprise SoftwareAustin, US
Yagub Rahimov(Executive Officer, Director)inVignesh Karumbaya(Executive Officer, Director)
PartnerMatthew Stepka· solo GP
Co-investorsDOMiNO VenturesALLEGIS CAPITALAllegisCyber CapitalAlumni Ventures
Properly provides vacation rental management tools and services for hosts, including self-service platforms and full property management operations across 45+ countries.
PropTechSaaS
PartnerMatthew Stepka· solo GP
Co-investorsAsset Management CompanyFJ LabsAlleyCorpBain Capital VenturesGolden VenturesIndustry Ventures+2 more
Qoria provides digital safeguarding, parental control, and student wellbeing tools that help schools, students, and families keep children safe online.
CybersecurityDigital HealthEdTech
PartnerMatthew Stepka· solo GP
Skillprint provides an AI platform and SDK that analyzes gameplay signals in real time to build cognitive and behavioral profiles of players, offering assessments for cognitive performance, learning, and mental wellness.
AI & Machine LearningGamingWellness & FitnessOakland, US
Chethan Ramachandran(Founder)
PartnerMatthew Stepka· solo GP
Co-investorsChaos VenturesLearnStartNIREMIA CollectiveShanda Capital
Sunbasket delivers weekly meal kits and pre-made meals made with organic produce and clean ingredients to residential customers.
Direct to ConsumerE-commerceFoodTechSan Jose, US
Braxton Woodham(Director)Isobel Jones(Executive Officer)Donald Barnett(Executive Officer, Director)
BoardTim Connors(Director)Kevin Diestel(Director)Adam Zbar(Executive Officer, Director)
PartnerMatthew Stepka· solo GP
Co-investorsAugust CapitalFounders Circle CapitalRembrandt Venture PartnersSapphire VenturesSQN Venture Partners, LLCUnilever Ventures
PartnerMatthew Stepka· solo GP
Co-investorsKinetic Ventures, L.L.C.Prime Movers Lab
Regard builds an AI clinical insights platform that reviews EHR data to suggest diagnoses and draft clinical notes for physicians.
PartnerMatthew Stepka· solo GP
Co-investorsPLG VenturesCalibrate VenturesSusa VenturesWavemaker Three-Sixty Health
Exits · 2
IPOs and acquisitions across the tracked portfolioAuraAustralian Securities Exchange (ASX): AXQSpaceXNASDAQ: SPCX
Portfolio news
latest coverage across their companiesLevel · lifehealth.com · Aug 17, 2026
SpaceX · businessinsider.com · Aug 16, 2026
Aura · altss.com · Aug 11, 2026
Aircapture · newmarketpitch.com · Apr 23, 2026
Averon · distributionstrategy.com · Feb 6, 2026
Polygraf · securityweek.com · Nov 18, 2025
Frequently asked questions
- How many investments has Machina Ventures made?
- Machina Ventures has 26 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
- What sectors does Machina Ventures focus on?
- Machina Ventures focuses on AI & Machine Learning, Crypto & Web3.
- Where is Machina Ventures located?
- Machina Ventures is headquartered in San Francisco, US.
- Who does Machina Ventures co-invest with?
- Machina Ventures most often shares deals with Flucas Ventures, Hemisphere Ventures LLC, Sommet AB, among 71 tracked co-investors.
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