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Propeller VC

Venture capitaloperating company · company profile

Jamaica Plain · Pre-Seed–Series A · 5 people tracked

Also known as PARAMETRIC HOLDINGS LLC

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Investment thesis

Partners with Woods Hole Oceanographic Institution to spin out ocean-science startups with scientist-founders via a tech-transfer process, granting direct access to IP and the Ocean Carbon/Industrials/Organics framework.

Source: firm website, verified Aug 18, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $10M
HQ
Jamaica Plain, NY, US
Leads rounds
Follows
Last 12 months
1 investment
Private fund assets
$57.5M
VC funds
1
Tracked investments
17

Team · 5 people

from public directories
Devdutt Yellurkar· Partner𝕏
Steven Fox· Partnerin

Founder mafia

2 people who came through Propeller VC went on to found or lead other companies.

What they invest in

from 16 of 17 portfolio companies

Cleantech ×12Climate Tech ×7Hardware ×6Deep Tech ×5Energy ×4Circular Economy ×2Robotics ×2AI & Machine Learning ×1

HQs:United States×8Canada×1United Kingdom×1

Investments · 17 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12022 · 13 dated

Aikido transparent v3aikidotechnologies.comin

Aikido builds floating offshore data centers using modular, pre-fabricated 'flat-pack' platforms integrated with wind turbines and battery systems to deploy GW-scale AI compute.

CleantechData & InfrastructureEnergy

Co-investorsAzolla Ventures

Alliumengalliumeng.com

Allium Engineering designs and manufactures a stainless steel cladding process for steel rebar that prevents corrosion, extending the lifespan of construction structures while lowering cost and carbon emissions.

CleantechConstruction TechNew Materials

Steven Jepeal(Cofounder)Samuel McAlpine(Cofounder)

Co-investorsAera VCBay Bridge Ventures ClimateCastor Ventures (an Alumni Ventures Fund)Creative Destruction Lab (CDL)

Aquatic Lans Unfundedaquatic-labs.com

Aquatic Labs develops solid-state, semiconductor-based water sensors that measure parameters such as pH, total alkalinity, conductivity, and temperature without consumable reagents, paired with a data pipeline for real-time insights.

CleantechHardwareIoT

Co-investorsBURNT ISLAND VENTURESFuture Planet Capital

Banyu Carbonbanyucarbon.comMay 2022

Banyu Carbon develops a photochemical carbon capture process that uses sunlight to release CO2 from seawater, which naturally absorbs atmospheric carbon, for storage in geologic formations or industrial use.

CleantechClimate TechDeep TechSeattle, US

Alex Gagnon(Executive Officer, Director)Julian Sachs(Executive Officer, Director)

Co-investorsCarbon Removal Partners

Blue Energyblueenergy.coin𝕏Apr 2026

Blue Energy develops scalable small modular reactor (SMR) technology to deliver nuclear power at scale.

CleantechClimate TechDeep TechEnergyHardwareWashington, US

JakeTomJacob Jurewicz(Executive Officer, Director)Thomas O'Neill(Executive Officer, Director)

BoardOrin Hoffman(Director)Michael Kearney(Director)in

Co-investorsAt One VenturesAngular VenturesNucleation CapitalTamarack GlobalThe Engine VenturesFounders Fund+3 more

Calcarea HRcalcarea.comin

Calcarea develops a reactor based on "Accelerated Weathering of Limestone" that captures CO2 from point sources—particularly marine on-board applications—and converts it into stable oceanic bicarbonate for permanent storage.

CleantechClimate TechDeep Tech

Co-investorsAzolla Ventures

Carbonruncarbonrun.io

CarbonRun restores acidified rivers by adding crushed limestone to reduce acidity, which converts CO₂ into stable bicarbonate that rivers carry to the ocean for long-term storage, while improving water quality and fish populations.

CleantechClimate TechImpact & Social GoodDartmouth, CA

Co-investorsPanache Ventures

Circle Seafoodscircleseafoods.comin𝕏

Circle Seafoods operates floating processor barges that freeze wild-caught seafood at ultra-low temperatures at sea, providing refrigeration, sorting and grading technology, and cold storage, along with amenities for fishermen.

Circular EconomyFoodTechHardwareLogistics & Supply ChainSitka, US

Gene Patrick Glaab(Executive Officer, Director)Charles B. Campbell(Executive Officer, Director)Eren Barclay Shultz(Executive Officer, Director)

BoardVictor Kiam(Director)

Ebb Carbonebbcarbon.comin

Ebb develops electrochemical water treatment technology that recovers freshwater from desalination brine while removing carbon dioxide and producing industrial chemicals.

CleantechClimate TechSan Carlos, US

Ben Tarbell(Executive Officer, Director)Matthew Eisaman(Executive Officer, Director)

BoardKevin Tidwell(Director)Mike Biddle(Director)inGabriel Kra(Director)in

Co-investorsAutodesk FoundationCongruent VenturesEvok InnovationsPrelude Ventures

Humhum.ai
Indeximateindeximate.comin

Indeximate is a UK technology company offering fibre-optic sensing and monitoring for subsea cables in the offshore wind industry.

CleantechDeep TechEnergy

Navierboatnavierboat.comin𝕏

Navier builds the N30, an electric hydrofoiling boat with a carbon fiber hull, flight-control software, and electric propulsion that lifts the vessel above the water for a smoother, quieter, and more efficient ride.

CleantechHardwareMobility & Transportation

Sampriti Bhattacharyya(Founder & CEO)

Co-investorsNextView VenturesScript Capital

Nexxa AInexxa.aiin𝕏

Nexxa builds AI agents that capture a company's decision logic, institutional knowledge, and operational judgment, then execute tasks by writing directly into the company's systems of record.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsBeat VenturesConstruct CapitalUntapped VenturesAugment Ventures

Orpheus Oceanorpheusocean.com

Orpheus Ocean designs, builds, and operates autonomous underwater vehicles (AUVs) for seafloor data collection and monitoring.

Deep TechHardwareRobotics

Co-investorsJetstream

Rewindrewind.earth

Rewind performs permanent carbon removal by backfilling mine voids with sustainably sourced biomass, which simultaneously fulfills mine reclamation obligations for the mining industry.

Circular EconomyCleantechClimate Tech

Co-investorsMensch Capital PartnersYes VCZORA

Vatn Systemsvatnsystems.comin𝕏Oct 2024

Vatn designs and manufactures modular, low-cost autonomous underwater vehicles (such as the Skelmir S6 and S12) with proprietary autonomy, navigation, and control software for GPS-denied and contested maritime environments.

Defense TechHardwareRoboticsPortsmouth, US

Geoff ManchesterFreddie Mills

BoardThomas Hendrix(Director)inGeoffrey Manchester(Director)Thomas Hennessey(Director)Nelson Mills(Executive Officer, Director)

Co-investorsBeyond CapitalBlue CollectiveCapital FactoryCentre Street PartnersChampion Hill VenturesCoalition+14 more

Vemavema.earthin

Vema Hydrogen develops Engineered Mineral Hydrogen (EMH), a patented production method that stimulates naturally occurring subsurface geochemical reactions in ophiolite and BIF rock formations to produce carbon-free hydrogen at under $1/kg.

CleantechClimate TechEnergy

Pierre Levin(CEO)Colin McCulley(Director of Operations)

Co-investorsPace VenturesExtantia Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Propeller VC invest at?
Propeller VC invests at the Pre-Seed, Seed, Series A stages.
What is Propeller VC's typical check size?
Propeller VC typically writes checks of $100K – $10M.
What sectors does Propeller VC focus on?
Propeller VC focuses on AgTech, Climate Tech, Deep Tech, Energy, FoodTech, Hardware, Mobility & Transportation.
Where is Propeller VC located?
Propeller VC is headquartered in Jamaica Plain, US.
Does Propeller VC lead rounds?
Propeller VC typically participates in rounds rather than leading them.

Co-investors · 66

Azolla Ventures

Azolla Ventures is an early-stage climate investor that backs founders building solutions with the potential for large-scale greenhouse gas reductions. It was created by Prime Coalition, a nonprofit that directs catalytic capital toward scalable climate solutions.

Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

Both backed · 1
$500K – $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.

Both backed · 1
$5K – $50M
Capital Factory

Capital Factory is an Austin, Texas-based early-stage investor that backs ambitious founders across the state, offering capital, customer connections, and access to its network.

Both backed · 1
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

$1.7M – $87M
Craft Ventures

Craft Ventures is a venture capital firm founded and run by former founders and operators who partner with founders to help build and scale technology companies.

$50K – $50M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

$540K – $10.8M
Redpoint Ventures

Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.

$100K – $10M
54 more co-investors

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

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