UPC Capital Ventures
Venture capitalBoulder · Seed–Growth · 7 people tracked
Find your way into UPC Capital Ventures
Each arrow is one introduction. Sign up to fill in the first one.
Ask Nick Papapolitis to introduce you to John Wallington
You →Nick · together at Clifford Chance LLP →John
Ask Jamie Chen to introduce you to Steven T. Levitt
You →Jamie · together at Arthur Andersen & Co. →Steven
Ask Sam Okafor to introduce you to Caleb Avery
You →Sam · together at Tilled →Caleb
- John Allen3 people can intro you
Sign up to find every way you can get introduced to UPC Capital Ventures
- Your email: who you already know at UPC Capital Ventures, and who your contacts know
- 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the UPC Capital Ventures team
- Your LinkedIn: the connections who can make the intro for you
We rank every route by how warm it is, so you raise on warm intros instead of cold emails.
Investment thesis
UPC Capital Ventures backs businesses that advance energy technology, sustainability, water management, and digital financial services. The firm leverages its parent organization's two decades of renewable energy project finance expertise and relationships to support founders building infrastructure and software solutions. All partners are former operators who provide strategic guidance and operational support including management, accounting, and tax services to help portfolio companies scale efficiently.
Source: firm website, verified Sep 25, 2026.
Team · 7 people
from the firm's website & public directoriesWhat they invest in
from 12 of 24 portfolio companiesCleantech ×7Energy ×6Fintech ×5AI & Machine Learning ×3Data & Infrastructure ×3Enterprise Software ×3Climate Tech ×2Deep Tech ×2
HQs:United States×6Canada×2Hong Kong×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×52 founders×3
Investments · 24 tracked
founders shown can be your intro pathBy year:2024 · 12022 · 12015 · 13 dated
Allinfra develops enterprise software and an asset tokenization platform to help institutions manage sustainability goals and access global infrastructure and environmental assets.
Climate TechData & InfrastructureEnterprise SoftwareFintechHong Kong, HK
Bill Kentrup(Founder)in
Co-investorsConsenSys MeshFJ Labs
Apparent develops renewable energy products by combining hands-on R&D with machine learning, including hardware and an operating system aimed at managing power and cooling demands for data centers.
CleantechEnergyHardware
Arctura develops advanced technologies including lightning protection systems, distributed nitric acid production, and optimization software for industrial applications.
Advanced ManufacturingCleantechDeep TechEnergyNew Materials
Co-investorsSlater Technology Fund
Biome Renewables is a Canadian cleantech company that develops nature-inspired retrofit and design technologies for wind turbines to increase energy output, improve aerodynamic efficiency, and reduce noise and environmental impact.
CleantechClimate TechEnergy
Co-investorsCreative Destruction Lab (CDL)
Energy Web builds blockchain-based infrastructure and a marketplace (Energy Web X) offering compute pools such as SmartFlow, Carbon-Aware, and GP4BTC for energy and sustainability applications.
CleantechCrypto & Web3Energy
Ed Hesse(Founder)
Co-investors1k(x)1kxAdvanced BlockchainBlackhorn VenturesFuture Energy VenturesMerkle Tree Capital+4 more
Clearwater provides investment accounting and reporting software that automates multi-basis, multi-currency accounting across public and private assets for investment firms.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaSChicago, US
Oleg Movchan(Director)Scott Werner(Executive Officer, Director)Stephen Malherbe(Executive Officer, Director)Tarek Hammoud(Executive Officer, Director)
Co-investorsFTV CapitalICONIQICONIQ CapitalICONIQ Growth
Kickfurther provides inventory funding for businesses through a consignment model, purchasing a company's inventory and consigning it back so that it is not recorded as debt or a liability on the balance sheet.
B2B MarketplacesConsumerFintechRetail Tech
Sean De Clercq(Chairman of the Board and Co-founder)inErik Straub(Vice President of Product/Co-founder)inGregory J. Gordon(CEO)inGregg Gordon(Chief Executive Officer)in
Co-investorsACTAI VenturesBreak Trail VenturesDraper AssociatesIT-Farm CorporationDenver Ventures
Nelumbo develops materials-science coatings that use microscopic surface structures to control how water and condensation interact with surfaces, serving industrial and consumer markets.
CleantechDeep TechNew MaterialsHayward, US
Liam Berryman(Cofounder)inLance Brockway(Director)in
BoardLaura Smoliar(Director)in
Co-investorsBerkeley CatalystHarmonix FundPrime Movers LabSafar PartnersUTEC1517
Phood, based in Boulder, Colorado, builds payment infrastructure that converts university student meal and campus card balances into a usable digital payment method.
FintechBoulder, US
Jackson Killion(Director)Alex Parmley(Executive Officer, Director)in
Co-investorsTechstarsNew Stack VenturesStory Ventures
Rhythmos.io, now part of Electron, provides analytics tools that give insight into distributed energy resource (DER) location and grid impact for intelligent energy delivery and use.
AI & Machine LearningCleantechData & InfrastructureEnergy
Tagg JeffersonKen Munson(CEO and President, Board Member)inMark Rawson(Chief Operating Officer)inMark Jaggassar(SVP, Products and Analytics)in
Co-investors500 GlobalProeza Ventures
Tilled provides payment facilitation services delivered as a software-as-a-service platform, enabling software companies to embed payment processing capabilities, monitor merchant transactions, and generate revenue from payments across the U.S. and Canada.
Enterprise SoftwareFintechSaaSBoulder, US
Caleb Avery(Executive Officer, Director)inJohn Allen(Executive Officer, Director)in
BoardBen Capell(Director)inRebecca Lynn(Director)inAbhinav Tiwari(Director)John Wallington(Director)in
Co-investorsAbstract VenturesAlumni VenturesBootstrap Venture PartnersCanvas VenturesClocktower VenturesFJ Labs+6 more
PulseSense Dynamics provides analytics and asset intelligence for owners and operators of wind and hydro power plants, integrating SCADA and sensor data in the cloud to detect performance losses and equipment health issues.
AI & Machine LearningCleantechEnergyBoston, US
Mohit Dua(Executive Officer, Director)
BoardPraveen Sahay(Director)inChristopher Poynter(Director)Bernd Krainick(Director)
Co-investorsPhoenix Contact Innovation VenturesWAVE Equity PartnersABB Technology VenturesWAVE
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ADOMANIArcturusCopperFonix LEDLlanllyr SourceMindpassMSDRPatientPalPlastics For ChangeSionicSwaterTripHero
Frequently asked questions
- How many investments has UPC Capital Ventures made?
- UPC Capital Ventures has 24 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does UPC Capital Ventures invest at?
- UPC Capital Ventures invests at the Seed, Growth stages.
- What sectors does UPC Capital Ventures focus on?
- UPC Capital Ventures focuses on AgTech, Cleantech, Climate Tech, Consumer, Crypto & Web3, Cybersecurity, Energy, Fintech, Impact & Social Good, SaaS.
- Where is UPC Capital Ventures located?
- UPC Capital Ventures is headquartered in Boulder, US.
- Who does UPC Capital Ventures co-invest with?
- UPC Capital Ventures most often shares deals with FJ Labs, Canvas Ventures, G Squared, among 41 tracked co-investors.
Similar investors
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
Valor Capital Group is a cross-border venture fund connecting the US, Latin American, and global technology markets, investing in consumer internet and enterprise software companies.
Wind Capital is a French venture capital firm founded by entrepreneurs to back Europe's deeptech pioneers, investing in technologies for sustainable change and European sovereignty.
MDI Ventures is the corporate venture capital arm of Indonesian telecommunications company Telkom Indonesia, investing in high-growth technology startups across Southeast Asia and globally, with a focus on creating synergies between portfolio companies and Telkom Group and Indonesian state-owned enterprises.

























































