Ascent Funds

Ascent Funds operates as a venture capital firm dedicated to investing in the future of industry, particularly focusing on Industry 5.0. The firm backs advanced manufacturing and energy technologies, including semiconductors, renewable fuels, and batteries. They engage with companies across various growth stages, from Series A through to initial public offerings, adopting a full partnership model with their portfolio companies.

The firm was co-founded in 2015 by Mark Gordon, who serves as Chief Investment Officer, and David Wu, its President. Their founding insight centered on seizing opportunities within the evolving global energy transition, initially launching in collaboration with Henderson Global Investors to leverage expertise and capital in this emerging sector.

Ascent Funds partners with founders of innovation-focused, late-stage growth companies in both America and Asia. The firm’s vision is to propel the next generation of industrial advancements by providing strategic capital and support, fostering the development and scaling of transformative technologies for a more sustainable and technologically advanced global economy.