Also Capital

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Aug 1, 2025	Decart	$100.0M Series B	—	Aleph VC, Alumni Ventures, Bedrock Capital, Caffeinated Capital, Daft Capital, Founders Fund, Khosla Ventures, Lux Capital, MizMaa Ventures, Paradox Capital, Saga, Sequoia Capital, Stellar Capital, The Hit Forge, Virginia Venture Partners, Zeev Capital, Adam Guild, Austin Ogilvie, Baylor Adams, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Aug 1, 2025	Neurvona	$600K Seed	—	Acequia Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Draper Associates, Founders Fund, Pioneer Square Labs, Tribe Capital, Union Square Ventures, Charlie Songhurst, Jeff Hammerbacher, Justin Mateen, Kevin Lin, Tom McInerney
Jul 1, 2025	Armada	$130.0M Venture Round	—	Afore Capital, Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Kirill Silkin, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Jul 1, 2025	Hadrian	$110.0M Series C	—	2048 Ventures, Afore Capital, Alumni Ventures, Andreessen Horowitz, Atomic, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, Daft Capital, Felicis Ventures, Floodgate, Founders Fund, Lux Capital, One Way Ventures, Paradox Capital, Picus Capital, Ravelin Capital, Saga, Stash Ventures, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Harry Hurst, Joao Otavio Oliverio, Justin Mateen, Koen Koeppen, Leonardo DiCaprio, Mattia Astori, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Vineet Jain, William Miller
Jul 1, 2025	Varda	$190.0M Series C	—	01 Advisors, 11k Ventures, 8VC, Abstract Ventures, Afore Capital, Alumni Ventures, Andreessen Horowitz, Anorak Ventures, Ballistic Ventures, Bedrock Capital, Caffeinated Capital, Champion Hill Labs, Cubit Capital, Daft Capital, DCM, Drive Capital, E1 Ventures, Floodgate, Founders Fund, General Catalyst, Goat Capital, Khosla Ventures, LGF, Lux Capital, Marlinspike, Next47, Outliers Fund, Paradox Capital, Prime Movers Lab, Rabben Hood Ventures, Saga, Sequoia Capital, Stellar Capital, The Hit Forge, Virginia Venture Partners, XYZ Venture Capital, Y Combinator, Austin Ogilvie, Emil Lee, Fanny Surjana, Gokul Rajaram, Joao Otavio Oliverio, Joshua Reeves, Justin Mateen, Louis Beryl, Mark Cuban, Mattia Astori, Mircea Pasoi, Natasha Ahmed, Richard Cooperstein, Sahin Boydas, Sohila Zadran, Sri Batchu, Stephen Romanoff, Thomas Tull, Vineet Jain, Vivek Patel, William Miller, Zachary Hargreaves
Mar 1, 2025	Flock Safety	$280.0M Series F	—	11, 355 Capital, Acequia Capital, Alumni Ventures, Andreessen Horowitz, Angel investor, Anorak Ventures, Blu Venture Investors, Boost VC, C2 Investment, Cedar Capital Group, Champion Hill Labs, Rachel Slaybaugh, DTCP, Family Office, Founders Fund, Greylock, Helium-3 Ventures, ICONIQ Capital, Insight Partners, Kleiner Perkins, Matrix, Meritech Capital Partners, Openview Venture Partners, O'Reilly AlphaTech Ventures, Race Capital, Sapphire Ventures, sequel, Thrive Capital, Tribe Capital, Union Square Ventures, UpHonest Capital, Anjney Midha, Bartek Pucek, Brendan Iribe, Charlie Songhurst, Chintan Patel, Jared Sleeper, Justin Mateen, Kevin Lin, Matt Bellamy, Mattia Astori, Mike Krieger, Miras Mami, Peter Sonsini, Siqi Chen, Tom McInerney
Mar 1, 2025	Movemint	$2.0M Seed	—	Acequia Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Founders Fund, Sarona Ventures, Tribe Capital, Ulu Ventures, Underscore VC, Union Square Ventures, Y Combinator, Arash Ferdowsi, Charlie Songhurst, Justin Mateen, Kevin Lin, Mathilde Collin, Shishir Mehrotra, Tom McInerney
Mar 1, 2025	Zeitview	$60.0M Venture Round	—	Acequia Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Founders Fund, Tribe Capital, Union Square Ventures, Charlie Songhurst, Justin Mateen, Kevin Lin, Tom McInerney
Feb 1, 2025	Lambda	$480.0M Series D	—	Alumni Ventures, Avalanche VC, Blockchain Capital, Caffeinated Capital, Daft Capital, Eclipse Ventures, FirstHand Alliance, Founders Fund, Greylock, Initialized Capital, Innovation Endeavors, Invariantes Fund, K2 Global, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Trajectory Ventures, Virginia Venture Partners, Y Combinator, Adam D'Angelo, Amjad Masad, Austin Ogilvie, Bob Young, Georges Harik, Greg Brockman, Jeff Bezos, Jeff Hammerbacher, Joao Otavio Oliverio, Justin Mateen, Lukas Biewald, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Jan 1, 2025	Qumis	$2.0M Seed	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Nov 1, 2024	Claros	$10.0M Seed	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Oct 1, 2024	Varda	$160.0M Series C	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Hanaco Ventures, Lux Capital, Paradox Capital, Saga, Stellar Capital, Techstars, The Hit Forge, Tribe Capital, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Vineet Jain, William Miller
Apr 1, 2024	Varda	$90.0M Series B	—	11k Ventures, 8VC, Abstract Ventures, Alumni Ventures, Andreessen Horowitz, Atomic, Ballistic Ventures, Caffeinated Capital, Cubit Capital, Daft Capital, DCM, Drive Capital, E1 Ventures, Floodgate, Founders Fund, General Catalyst, Goat Capital, Khosla Ventures, LGF, Lux Capital, Next47, Paradox Capital, Prime Movers Lab, Saga, Sequoia Capital, Stellar Capital, The Hit Forge, Virginia Venture Partners, Y Combinator, Austin Ogilvie, Emil Lee, Gokul Rajaram, Joao Otavio Oliverio, Joshua Reeves, Justin Mateen, Louis Beryl, Mark Cuban, Mattia Astori, Natasha Ahmed, Sahin Boydas, Sam Altman, Sohila Zadran, Sri Batchu, Thomas Tull, Vineet Jain, Vivek Patel, William Miller, Zachary Hargreaves
Apr 1, 2024	Draftboard	$4.0M Seed	—	Alumni Ventures, Animo Ventures, Asylum Ventures, Caffeinated Capital, Daft Capital, Founder Collective, Founders Fund, Ground Up Ventures, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Twelve Below, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Feb 1, 2024	Biofire	$7.0M Series A	—	14W, 20VC, Adjacent, Afore Capital, Anthemis Group, CapitalX, Countdown Capital, Matt Ocko, Dreamers VC, Elkstone, First Round Capital, Founders Fund, Greycroft, Greylock, Index Ventures, K2 Global, Liquid 2 Ventures, Night Capital, No Label Ventures, Paradigm, Rajan Anandan, Playground Global, RTP Global, SNR, Stellar Capital, Streamlined Ventures, Taurus Ventures, Trajectory Ventures, Valhalla Ventures, Venture Highway, Village Global, Virginia Venture Partners, Y Combinator, Alexandre Scialom, Ali Moiz, Alison Engel, Andrew Maywah, Arash Ferdowsi, Bradley Horowitz, Casey Neistat, Gokul Rajaram, Ilya Kondrashov, Immad Akhund, James Beshara, Jean Charles Samuelian, Mike Giampapa, Munish Varma, Steve Schlafman, Sumon Sadhu, Thibaud Elziere, Viral Bajaria
Feb 1, 2024	Hadrian	$92.0M Series B	—	11k Ventures, 1435 Capital Management, 2045 ventures, 2048 Ventures, 305 Ventures, 8090 Industries, 8VC, Afore Capital, Altai Ventures, Alumni Ventures, Andreessen Horowitz, Atomic, Ballistic Ventures, Better Tomorrow Ventures, Bolt, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, Daft Capital, Drive Capital, E1 Ventures, Felicis Ventures, Floodgate, Founders Fund, General Catalyst, Goat Capital, Good Growth Capital, Lux Capital, One Way Ventures, Paradox Capital, Picus Capital, Prime Movers Lab, Ravelin Capital, Saga, SpaceFund, Stash Ventures, Stellar Capital, Techstars, The Hit Forge, Tribe Capital, Virginia Venture Partners, Y Combinator, Zigg Capital, Alex Adelman, Austin Ogilvie, Dylan Taylor, Emil Lee, Gokul Rajaram, Harry Hurst, Joao Otavio Oliverio, Joshua Reeves, Justin Mateen, Kirill Silkin, Koen Koeppen, Leonardo DiCaprio, Louis Beryl, Mark Cuban, Mattia Astori, Natasha Ahmed, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Sung ho Choi, Thomas Tull, Vineet Jain, Vivek Patel, William Miller, Zachary Hargreaves
Feb 1, 2024	Lambda	$320.0M Series C	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Invariantes Fund, K2 Global, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Trajectory Ventures, Virginia Venture Partners, Y Combinator, Adam D'Angelo, Austin Ogilvie, Georges Harik, Greg Brockman, Jeff Hammerbacher, Joao Otavio Oliverio, Justin Mateen, Lukas Biewald, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Sep 1, 2023	Metalware	$3.0M Seed	—	Countdown Capital, First Round Capital, Index Ventures, Stellar Capital, Valhalla Ventures, Y Combinator, David Lieb
Mar 1, 2023	Maqsad	$3.0M Seed	—	Countdown Capital, Dragoneer Investment Group, First Round Capital, Global Founders Capital, Index Ventures, Indus Valley Capital, Stellar Capital, Valhalla Ventures, Gerald Parloiu
Feb 1, 2023	Zeitview	$55.0M Series E	—	8VC, Acequia Capital, Alumni Ventures, Andreessen Horowitz, Baidu Ventures, Boost VC, Champion Hill Labs, Coatue, Congruent Ventures, Daffy, Rachel Slaybaugh, Fenway Summer, First Round Capital, Founders Fund, Andrew Wheeler, Indeed.com, Jungle Ventures, LaunchPad, Microsoft, Tiffany Luck, Openspace Ventures, Pareto Holdings, Sequoia Capital, TCG (The Chernin Group), Tribe Capital, Union Square Ventures, Vera Equity, Wellington Management, Amit Agarwal, Charlie Songhurst, Gokul Rajaram, Jacqueline Reses, Jeffrey Wald, Justin Mateen, Kevin Lin, Shishir Mehrotra, Tom McInerney, Tony Xu
Feb 1, 2023	Armada	$13.0M Seed	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Claire Hughes Johnson, Helen Liang, Joao Otavio Oliverio, Justin Mateen, Kelston Smith, Mattia Astori, Nick Sinai, Ryan Chan, Sahin Boydas, Sohila Zadran, Vineet Jain, William Miller
Jul 1, 2022	Joylet	$500K Seed	—	Alumni Ventures, Caffeinated Capital, Daft Capital, Founders Fund, Lux Capital, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Joao Otavio Oliverio, Justin Mateen, Mattia Astori, Sahin Boydas, Sohila Zadran, Vineet Jain
Jul 1, 2022	Quicklly	$4.0M Seed	—	Acequia Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Founders Fund, Tribe Capital, Union Square Ventures, Charlie Songhurst, Kevin Lin, Tom McInerney
Apr 1, 2022	Zeno Power	$20.0M Series A	—	Acequia Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Founders Fund, Tribe Capital, Union Square Ventures, Charlie Songhurst, Justin Mateen, Kevin Lin, Tom McInerney
Mar 1, 2022	Hadrian	$90.0M Series A	—	Afore Capital, Altai Ventures, Alumni Ventures, Andreessen Horowitz, Atomic, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, Daft Capital, Felicis Ventures, Floodgate, Founders Fund, Lux Capital, Matter Venture Partners, Paradox Capital, Picus Capital, Ravelin Capital, Saga, Sozo Ventures, Stash Ventures, Stellar Capital, The Hit Forge, Virginia Venture Partners, Zigg Capital, Alex Adelman, Austin Ogilvie, Harry Hurst, Joao Otavio Oliverio, Justin Mateen, Koen Koeppen, Leonardo DiCaprio, Mattia Astori, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Vineet Jain, William Miller

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Also Capital.

Mike Annunziata

Managing Partner

Leadership Team

Key people at Also Capital.

Mike Annunziata

Managing Partner

Deep Dive

High-Level Overview

Also Capital is a New York-based venture capital firm founded in 2018 that specializes in early-stage investments across a broad range of technology sectors including artificial intelligence, digital media, virtual and augmented reality, fintech, healthcare services, space, energy tech, climate tech, and deep tech. Their mission centers on identifying and backing exceptional early talent and visionary founders, providing catalytic capital and active operational support from pre-seed through Series B stages. The firm aims to catalyze the next generation of hard tech innovators, supporting companies that address significant global challenges with breakthrough technologies. Their portfolio includes notable companies such as Varda Space Industries and Northwood Space, reflecting a strong emphasis on frontier technologies and hard tech innovation[1][2].

Origin Story

Also Capital was founded in 2018 in New York by managing partner Mike Annunziata and a team of partners with diverse backgrounds in venture capital and technology. The firm evolved with a focus on early-stage investments in hard tech and frontier sectors, leveraging the partners’ experience in building engineering teams, shipping hardware and software, and raising venture capital. Their approach is deeply founder-centric, emphasizing close collaboration and long-term support. The team’s background includes significant operational experience, which informs their hands-on involvement with portfolio companies. This foundation has allowed Also Capital to build a concentrated, high-conviction investment model that prioritizes quality over quantity[1][2][4].

Core Differentiators

Unique Investment Model: Concentrated portfolio with high conviction, focusing on a small number of companies each year to provide deep, tailored support.
Network Strength: Extensive network of mechanical, aerospace, and technical talent, enabling access to specialized expertise and top-tier early hires.
Track Record: Portfolio includes companies with over $1 billion in enterprise value combined, demonstrating success in scaling early-stage ventures.
Operating Support: Active involvement in recruiting key talent, strategic guidance, and operational mentorship, going beyond capital to be a true partner on the founder’s journey[2][5].

Role in the Broader Tech Landscape

Also Capital rides the wave of accelerating innovation in hard tech and frontier sectors such as space, climate tech, and AI infrastructure. The timing is critical as these sectors are gaining momentum due to technological advances, increasing capital availability, and global demand for sustainable and transformative solutions. By focusing on early-stage companies in these areas, Also Capital influences the broader ecosystem by nurturing foundational technologies that could redefine industries. Their emphasis on founder-driven innovation and operational support helps bridge the gap between nascent ideas and scalable businesses, contributing to the growth of the hard tech startup ecosystem[1][2].

Quick Take & Future Outlook

Looking ahead, Also Capital is poised to deepen its influence in frontier technology sectors by continuing to back visionary founders and hard tech innovations. Trends such as AI integration, sustainable energy solutions, and space commercialization will likely shape their investment focus. Their hands-on, founder-centric approach and strong network position them well to support companies through critical early growth phases. As these sectors mature, Also Capital’s role as a catalytic early investor and operational partner could become even more pivotal in shaping the next wave of transformative technology companies[1][2].

This outlook ties back to their mission of catalyzing exceptional hard tech founders and supporting breakthrough innovations that address global challenges.

Sources