Fundraising Fox

Piva Capital

Venture capital

San Francisco · Seed–Growth · 17 people tracked

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Investment thesis

Piva Capital takes a thesis-driven approach, seeking out companies offering foundational, cross-industry technological solutions. It favors platforms with significant deployment value and scalable sales potential addressing large markets. The firm concentrates on companies from early to growth stage that are at commercial inflection points, and it looks for leadership teams with strong entrepreneurial drive.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
San Francisco, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2019
Last 12 months
1 investment
AUM
$250M
Tracked investments
20

Team · 17 people

from the firm's website & public directories
Sushil Purohit· Venture Partnerin
Elizabeth Ann Lowery· Senior Advisor
Michael S. Idelchik· Senior Advisorin

What they invest in

from 15 of 20 portfolio companies

Energy ×6Hardware ×6Advanced Manufacturing ×5Cleantech ×5Climate Tech ×5AI & Machine Learning ×4Deep Tech ×4Enterprise Software ×3

HQs:United States×11Germany×1

Who they back

founder profiles across 12 portfolio companies
42%
solo founders
5 of 12 mapped founding teams

Founding team size:solo founder×52 founders×7

Investments · 20 tracked

founders shown can be your intro path

By year:2025 · 22024 · 12015 · 14 dated

Velo 3Dvelo3d.comin𝕏NASDAQ: VELOMay 2015

Velo3D manufactures metal additive manufacturing systems using laser powder bed fusion technology for industrial production.

Advanced ManufacturingDeep TechHardwareSanta Clara, US

Benyamin Buller(Executive Officer, Director, Promoter)Erel Milshtein(Executive Officer)

BoardStrohband Sven(Director)Ofer Shochet(Director)

Co-investorsBessemer Venture PartnersKluz VenturesLam CapitalPlayground GlobalPETRONAS Ventures

VEIRveir.cominFeb 2025 · $75M✓ verified

VEIR manufactures low- and medium-voltage superconducting systems that deliver electricity for high-performance AI data centers.

AI & Machine LearningDeep TechEnergyHardwareWoburn, US

Tim Heidel(CEO & Co-Founder)in

BoardDoug Stewart(Director)Adam Wallen(Executive Officer, Director)in

Co-investorsBreakthrough Energy VenturesCongruent VenturesTyche PartnersNational Grid PartnersVXI CapitalBaruch Future Ventures+5 more

Worldsworlds.io✓ verified

Worlds develops AI technology for processing and analyzing visual data in spatial and temporal context to enable enterprise applications in the physical world.

Advanced ManufacturingAI & Machine LearningDeep TechEnterprise Software

Dave Copps(CEO)Chris Rhode(President)

Co-investorsMoneta VenturesGreen Park & Golf VenturesPerot JainPETRONAS Ventures

Xage Securityxage.cominDec 2025 · $20M

Xage builds zero trust access and security solutions to protect critical infrastructure systems and prevent cyberattacks.

CybersecurityEnterprise SoftwareIoTSaaSPalo Alto, US

Roman Arutyunov(Executive Officer)inSusanto Irwan(Executive Officer, Director)inSriinDuncan Greatwood(Executive Officer, Director)inDorea El-Sayed(Executive Officer)Norman Thorlakson(Executive Officer)

Board seatMark Gudiksen· per SEC Form D

Co-investorsCity LightMarch Capital PartnersMomenta VenturesThe HiveAramco VenturesChevron Technology Ventures+5 more

Alloy Enterprisesalloyenterprises.coin

Alloy Enterprises designs and manufactures thermal management and cooling solutions for high-density servers and critical IT equipment.

Advanced ManufacturingData & InfrastructureDefense TechEnterprise SoftwareHardwareSomerville, US

Alison Forsyth(Executive Officer, Director)Nicholas Mykulowycz(Executive Officer, Director)Andrea Bedell(Executive Officer)

Co-investorsCongruent VenturesFlybridge Capital PartnersRiot VenturesUnlessLockheed Martin VenturesPETRONAS Ventures

Boston Metalbostonmetal.comin

Boston Metal develops Molten Oxide Electrolysis (MOE), an electrified process for producing steel and other metals from a range of oxide feedstocks without direct emissions.

Advanced ManufacturingCleantechClimate TechNew MaterialsWoburn, US

Donald Sadoway(Co-founder (MIT professor))Antoine Allanore(Co-founder (MIT professor))Tadeu Carneiro(CEO)in

Co-investorsBreakthrough Energy VenturesClimate InvestmentPrelude VenturesInternational Finance CorporationBMW i VenturesEnergy Impact Partners+7 more

Ineratecineratec.dein𝕏

INERATEC produces synthetic fuels and chemicals from CO₂ and renewable hydrogen using microstructure technology, offering e-SAF, e-diesel, and other drop-in ready fuels and chemical products for energy and manufacturing industries.

CleantechClimate TechEnergyNot stated on page, DE

Tim Boeltken(Founder)inPfeifer Peter(Founder)in

Co-investorsEmerald Technology Ventures AgENGIE New VenturesHG VenturesWIND VenturesExtantia CapitalPETRONAS Ventures

Kolomakoloma.comin

Koloma explores and produces natural hydrogen to support global decarbonization efforts.

CleantechClimate TechDeep TechEnergyDenver, US

Jeff Knupp(Executive Officer)Bunmi Adekore(Executive Officer, Director)Paul Harraka(Executive Officer)Peter Johnson(Executive Officer, Director)

BoardChristian Garcia(Director)inShayle Kann(Director)in

Co-investorsBreakthrough Energy VenturesCongruent VenturesEnergy Impact PartnersEvok InnovationsMaterial ImpactMOL Switch+6 more

Lunar Energylunarenergy.comin

Lunar Energy develops home energy technology that converts and stores solar power to provide continuous clean electricity for residential customers.

CleantechClimate TechEnergyHardwareMountain View, US

Mark Holveck(Founder)inKunal Girotra(Founder)in

Co-investorsACTIVATE CAPITAL PARTNERSB Capital GroupB4 CapitalDCVC (Data Collective)LeitmotifPrelude Ventures+4 more

Malta Incmaltainc.comin

EnergyCambridge, US

Phil Delleville(Executive Officer, Director)Ramya Swaminathan(Executive Officer, Director)Jeannine Sargent(Director)Alex Syed(Director)Steve Hirsh(Director)

BoardJesus Santos Egea(Director)

Co-investorsBreakthrough Energy VenturesPETRONAS Ventures

Menlo Micro

Develops cutting edge electronic switches to create a more energy efficient and sustainable world.

Co-investorsATEL VenturesDBL PartnersPaladin Capital GroupVertical Venture Partners

Novastus
Onerail
Ooblioobli.comin

Oobli develops sweet proteins derived from equatorial fruits and berries, using a fermentation process to produce a sugar alternative that is thousands of times sweeter than sugar.

BiotechCleantechFoodTechImpact & Social Good

Jason Ryder(Founder & CTO)

Co-investorsGlobal BrainLever VCKhosla VenturesPETRONAS Ventures

Planted Solarplantedsolar.comin

Oakland, US

Richard Erb(Founder)in

Co-investorsBreakthrough Energy VenturesPETRONAS Ventures

Plantibleplantiblefoods.comin𝕏

Plantible Foods redesigns the food supply chain to advance health for people and the planet.

AgTechBiotechFoodTechImpact & Social GoodSan Marcos, US

Tony Martens(Founder & CEO)inMaurits Van de Ven(Founder)Alan Chen(Director)Maurits van de Ven(Executive Officer, Director)

Co-investorsAstanor VenturesCerity Partners VenturesDoon CapitalFTW VenturesGood FriendsLerer Hippeau+4 more

Pykaflypyka.cominSep 2024 · $40M

Pyka develops all-electric cargo aircraft for military logistics applications.

Advanced ManufacturingAgTechClimate TechDefense TechHardwareLogistics & Supply ChainRoboticsSpace TechSan Francisco, US

Michael Norcia(Founder/CEO)inNathan White(Founder/CEO)inKyle Moore(Founder)inChuma Ogunwole(Founder/COO)in

Co-investorsBold Capital PartnersCatapult VenturesDCVC (Data Collective)MetaplanetObvious VenturesPerot Jain+6 more

Pyka
Sense Photonicsouster.comin𝕏

Ouster develops high-resolution lidar sensors for long, mid, and short-range applications, enabling automation and autonomous systems across infrastructure and industrial sectors.

AI & Machine LearningHardwareIoTRobotics

Mark Frichtl(Founder)inEric Younge(Founder)in

Co-investorsAmity VenturesCongruent VenturesCreative VenturesIDEA Fund PartnersPrelude VenturesRedbus Ventures+1 more

Urbinturbint.comin𝕏

Urbint provides an AI-powered platform that helps energy and utility companies predict operational risks through emergency preparedness and response, worker safety, and damage prevention (811 ticket risk-profiling to prevent excavation strikes).

AI & Machine LearningEnergySaaS

Corey Capasso(Founder)in

Co-investorsBlue Bear Capital PartnersClimate InvestmentEnergize CapitalEnergy Impact PartnersMagma PartnersMetaProp Ventures+5 more

Exits · 1

IPOs and acquisitions across the tracked portfolio

Velo 3DNASDAQ: VELO

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Piva Capital made?
Piva Capital has 19 tracked investments, including 2 dated in the last 24 months.
What stage does Piva Capital invest at?
Piva Capital invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Piva Capital focus on?
Piva Capital focuses on Cleantech, Climate Tech, Deep Tech, Sector Agnostic.
Where is Piva Capital located?
Piva Capital is headquartered in San Francisco, US.
Does Piva Capital lead rounds?
Piva Capital typically participates in rounds rather than leading them.
Who does Piva Capital co-invest with?
Piva Capital most often shares deals with Breakthrough Energy Ventures, Congruent Ventures, Prelude Ventures, among 63 tracked co-investors.

Co-investors · 31

Breakthrough Energy Ventures

Breakthrough Energy, founded by Bill Gates, backs innovators developing affordable, reliable, and clean energy technologies, investing across manufacturing, electricity, agriculture, transportation, and buildings.

Both backed · 5
$500K – $50M
Prelude Ventures

Prelude Ventures is a venture capital firm founded in 2009 that invests in and supports entrepreneurs building climate-focused businesses to accelerate the transition to a low-carbon economy.

$100K – $5M
Khosla Ventures

Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.

$5K – $50M
Energy Impact Partners

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporate partners to help drive the transformation of the global economy toward a more sustainable future.

$5M – $20M
National Grid Partners

National Grid Partners is the venture capital unit of National Grid plc, a major investor-owned energy utility company. The firm invests in innovative energy-related technologies and business models.

Both backed · 2
Obvious Ventures

Obvious is a venture capital firm focused on supporting founders building solutions to humanity's largest challenges across planetary health, human health, and economic health.

Both backed · 1
$250K – $6M
March Capital Partners

March Capital is an early-growth venture capital firm investing in frontier technology companies focused on the AI revolution, partnering with founders to build category-defining businesses.

Both backed · 1
Playground Global

Playground Global is a venture capital firm that invests in deep tech companies built by scientists and engineers, spanning next-generation compute, automation, energy, and computational biology.

Both backed · 1
$1M – $20M
Astanor Ventures

Astanor Ventures is an impact-focused investment firm dedicated to transforming the agrifood system by backing innovation across the value chain from 'soil and sea to gut'.

Both backed · 1
Paladin Capital Group

Paladin Capital Group invests in early stage and growth companies developing cyber, AI and deep technologies that address security and resilience needs for commercial and government customers.

Both backed · 1
Menlo Micro
$100K – $5M
Mana Ventures

Mana Ventures is a venture capital firm backing founders building companies in advanced AI and other frontier technologies, supported by an LP network of founders, investors, executives, operators, and specialists.

Both backed · 1
DBL Partners

DBL Partners is an impact venture capital firm that invests in companies aiming to deliver top-tier venture returns while generating positive social, environmental, and economic benefits.

Both backed · 1
Menlo Micro
19 more co-investors

Momenta VenturesBlue Bear Capital PartnersSequoia CapitalGV (Google Ventures)Lightspeed Venture PartnersGreylock PartnersSOSVMayfield FundBullpen CapitalHanabi CapitalGE VenturesIronspring VentureFinancial Technology Partners / FT PartnersTDK VenturesLas Olas Venture CapitalWireframe VenturesTrimble VenturesA3VenturesVentureUs

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

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