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NKM Capital

Venture capital

San Francisco · Pre-Seed–Seed · 1 people tracked

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Investment thesis

NKM Capital is a thesis-driven venture firm backing technology companies at the earliest stages, with a focus on decentralization, networks, and infrastructure. Active since 2014, the firm and its founder have supported pioneers across space, aviation, fintech, transportation, and AI. It emphasizes identifying category-defining companies early, having produced numerous unicorns from its initial investments.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
San Francisco, MA, US
Instruments
Equity
Founded
2014
Tracked investments
9

Team · 1 people

from public directories
Nurzhas Makishev· Partnerin

What they invest in

from 9 of 9 portfolio companies

Advanced Manufacturing ×4Fintech ×4AI & Machine Learning ×3Deep Tech ×3Enterprise Software ×3Hardware ×3Space Tech ×3Climate Tech ×1

HQs:United States×6

Investments · 9 tracked

founders shown can be your intro path
Astranisastranis.comin𝕏

Astranis manufactures small, high-powered geosynchronous satellites equipped with advanced digital processing technology for global telecommunications and connectivity services.

Advanced ManufacturingDeep TechHardwareSpace TechSan Francisco, US

John Gedmark(Founder/CEO)inRyan McLinko(Founder/CTO)in

PartnerNurzhas Makishev· solo GP

Boomboomsupersonic.comin𝕏

Boom Supersonic develops supersonic aircraft and engines, including the Overture commercial airliner and the Symphony turbofan engine, targeting commercial aviation and advanced infrastructure applications.

Advanced ManufacturingDeep TechHardwareSpace TechCentennial, US

Blake Scholl(Founder/CEO)in

PartnerNurzhas Makishev· solo GP

Cartacarta.comin𝕏

Carta is a cloud-based ERP platform for private capital markets that manages cap tables, equity administration, fund management, and valuations for startups, private companies, and venture funds globally.

Enterprise SoftwareFintechSaaS

Henry Ward(Co-founder)Manu Kumar(Co-founder)Charly Kevers(Chief Financial Officer)Jeff Perry(Chief Revenue Officer)Nick Avery(Chief People Officer)Nicole Baer(Chief Marketing Officer)

PartnerNurzhas Makishev· solo GP

Cruisegetcruise.comin𝕏

Cruise develops autonomous electric vehicle technology for urban transportation.

Advanced ManufacturingAI & Machine LearningClimate TechMobility & TransportationSan Francisco, US

Kyle Vogt(Founder/CEO)inDaniel Kan(Founder/COO)in

PartnerNurzhas Makishev· solo GP

Deepgramdeepgram.comin𝕏

Deepgram builds foundational voice AI technology that enables speech-to-text, audio intelligence, text-to-speech, and voice agent APIs for businesses to create natural voice interactions.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareSan Francisco, US

Scott Stephenson(CEO and Co-founder)Dave Wilner(Director)Adam Sypniewski(Executive Officer, Director)

BoardZach DeWitt(Director)Elizabeth de Saint-Aignan(Director)

PartnerNurzhas Makishev· solo GP

Relativity Spacerelativityspace.comin𝕏

Relativity Space develops Terran R, a reusable medium-to-heavy-lift rocket designed for efficiency and scalability, serving government entities, telecommunications companies, and commercial customers for space access missions.

Advanced ManufacturingAI & Machine LearningDeep TechDefense TechHardwareSpace TechLos Angeles, US

Tim Ellis(Founder/CEO)inEric Schmidt(CEO)Jordan Noone(Executive Officer, Director, Promoter)

PartnerNurzhas Makishev· solo GP

Rippleripple.comin𝕏

Ripple builds blockchain-based financial infrastructure to enable cross-border value transfer and payment solutions for enterprises, governments, and financial institutions.

Crypto & Web3Enterprise SoftwareFintech

Ryan Fugger(Founder)

PartnerNurzhas Makishev· solo GP

Robinhoodrobinhood.comin𝕏

Robinhood is a financial trading platform that enables users to manage portfolios across stocks, ETFs, cryptocurrencies, options, futures, and prediction markets.

Fintech

Vlad Tenev(CEO)in

PartnerNurzhas Makishev· solo GP

Truebilltruebill.comin𝕏

Rocket Money (formerly Truebill) is a personal finance application that helps users manage subscriptions, set budgets, and track savings goals.

ConsumerFintechSilver Spring, US

Yahya Mokhtarzada(Founder/CEO)inHaroon Mokhtarzada(Founder)inIdris Mokhtarzada(Founder/CTO)inCesar Lee(Director)

PartnerNurzhas Makishev· solo GP

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does NKM Capital invest at?
NKM Capital invests at the Pre-Seed, Seed stages.
What sectors does NKM Capital focus on?
NKM Capital focuses on AI & Machine Learning, Crypto & Web3, Data & Infrastructure, Deep Tech, Fintech, Space Tech.
Where is NKM Capital located?
NKM Capital is headquartered in San Francisco, US.

Co-investors · 30

Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

Both backed · 2
$5M – $100M
Felicis Ventures

Felicis Ventures is an early-stage venture capital firm that has backed founders for over 20 years, leading or co-leading the majority of its investments across seed and Series A rounds.

Both backed · 2
$500K – $15M
Spark Capital

Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.

Both backed · 2
$500K – $25M
RRE Ventures

RRE Ventures is a boutique early-stage venture capital firm that backs founders across sectors, combining decades of experience with AI-driven analysis throughout the investment lifecycle.

Both backed · 2
$5M – $15M
UpHonest Capital

UpHonest Capital is a Silicon Valley-based investment firm founded in 2017 that supports cross-border entrepreneurship and investment between China and the United States, and runs media, scout, and incubation programs.

Both backed · 2
$50K – $1M
Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

Both backed · 1
$100K – $1M
BoxGroup

BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.

Both backed · 1
$1M
Sound Ventures

Sound Ventures is a venture capital firm that seeks to invest in the technology sector.

Both backed · 1
Susa Ventures

Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.

Both backed · 1
$1M – $5M
Digital Currency Group

Digital Currency Group (DCG) is a long-standing investor and operator focused exclusively on the cryptocurrency and blockchain industry, holding equity, fund, and token positions across the sector.

Both backed · 1
Coelius Capital

Coelius Capital provides entrepreneurial early-stage capital to technology startups, generally investing in B2B or B2B2C companies.

Both backed · 1
$200K – $1M
Trucks VC

Trucks is an early-stage venture capital firm focused on the future of transportation, backing ideas that make mobility decarbonized, safer, and more accessible.

Both backed · 1
18 more co-investors

Founders FundFirst Round CapitalCoatue ManagementB Capital GroupCRV (Charles River Ventures)Quiet CapitalPartech VenturesFundersClubHack VC2048 VenturesBlockchain CapitalAmerican Express Ventures (Amex)Oyster VenturesFuture Perfect VenturesAmasiaArboretum VenturesFirst Star VenturesJungle Ventures

Firms observed investing alongside NKM Capital, from public investor directories. Shared companies are the overlap with NKM Capital's recorded portfolio.

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