Blue Bear Capital
ActiveVenture Capital
Updated: ·
Financial History
Total Raised
N/A
Valuation
N/A
Leadership Team
Key people at Blue Bear Capital.
Key people at Blue Bear Capital.
Key people at Blue Bear Capital.
Blue Bear Capital is a venture capital and early growth equity firm specializing in AI-powered technologies that address critical challenges in energy, infrastructure, and climate sectors. Its mission is to drive sustainability and transformation across global industries by investing in entrepreneurs building digital solutions for sustainable energy production, grid modernization, logistics, manufacturing, and climate resilience such as wildfire protection and water management. The firm supports portfolio companies with capital, customer connections, talent sourcing, and market access, leveraging deep industry expertise and networks to accelerate innovation and growth[1][2][4].
Founded in 2016, Blue Bear Capital was established by partners with extensive backgrounds in energy private equity, industrial technology, and startups. Key partners include Dr. Carolin Funk, Ernst Theodor Sack, Dr. Rob MacInnis (CTO), and Hank Hattemer (COO and General Counsel). The firm has evolved to focus on operational AI and machine intelligence applied to multibillion-dollar verticals in energy and climate industries. It typically leads Seed through Series B rounds and has closed three funds, including a $160 million Fund III in 2024, emphasizing companies with commercial ramp-up and operational AI applications[4][6].
Blue Bear Capital rides the growing trend of applying AI and machine intelligence to transform traditional energy and industrial sectors, which are undergoing rapid digitalization and sustainability-driven disruption. The timing is critical as global markets demand cleaner energy, smarter infrastructure, and climate resilience solutions. Market forces such as regulatory pressure, climate risk, and technological advances in AI and IoT favor Blue Bear’s investment focus. The firm influences the ecosystem by bridging traditional energy sectors with emerging digital technologies, fostering innovation that supports the global transition to a sustainable and resilient economy[1][2][4].
Looking ahead, Blue Bear Capital is positioned to expand its influence by continuing to fund and scale AI-powered startups that address urgent climate and infrastructure challenges. Trends such as decarbonization, grid modernization, and climate risk management will shape its investment journey. The firm’s deep industry networks and operational expertise will likely enhance its role as a key enabler of the energy transition, helping portfolio companies achieve commercial success and systemic impact. As AI technologies mature, Blue Bear’s focus on operational AI in critical industries will remain a vital catalyst for sustainable innovation[4][6].
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2025 | Bone AI | $12.0M Seed | — | Plug & Play Ventures, Third Prime |
| Oct 1, 2025 | Energy Robotics | $14.0M Series A | — | Earlybird Venture Capital, Andrej Henkler, Martin Klässner |
| Aug 1, 2025 | Splight Tech | $12.0M Venture Round | — | Capnamic Ventures |
| Aug 1, 2025 | Paradigm | $5.0M Seed | — | Axiom Partners, Bee Partners, C2 Investment, Contrary Capital, General Catalyst, Erik Nordlander, Next Play Ventures, Play Ventures, Sequoia Capital, UP.Partners, Y Combinator, Akshay Kothari, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, David Petersen, Drew Houston, Dylan Field, Elad Gil, Eoghan McCabe, Gokul Rajaram, Jonathan Wasserstrum, Kyle Vogt, Marc Benioff, Sahin Boydas, Sam Altman, Spencer Kimball |
| Jul 1, 2025 | Julius AI | $10.0M Seed | — | Accel, Andreessen Horowitz, Axiom Partners, Bee Partners, C2 Investment, Contrary Capital, CRV, Index Ventures, Lightspeed Venture Partners, Lowercarbon Capital, Next Play Ventures, Operator Collective, Sequoia Capital, South Park Commons, Stash Ventures, Sutter Hill Ventures, SV Angel, UP.Partners, Webb Investment Network, Y Combinator, Akshay Kothari, Alexandre Prot, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Claire Hughes Johnson, Deborah Liu, DJ Patil, Don Dodge, Drew Houston, Dylan Field, Elad Gil, Eoghan McCabe, Fidji Simo, Gloria Baeuerlein, Gokul Rajaram, Guillaume Princen, Guillermo Rauch, Hanno Renner, Howie Liu, Jean Charles Samuelian, Job Van Der Voort, Jonathan Wasserstrum, Kevin Lin, Koen Bok, Kyle Vogt, Marc Benioff, Mike Volpe, Pawan Deshpande, Sahin Boydas, Sam Altman, Sam Palmisano, Shishir Mehrotra, Tobias Lutke, Tom Blomfield |
| Jul 1, 2025 | Ashby | $50.0M Series D | — | Alkeon Capital, Bee Partners, Contrary Capital, Gaingels, General Catalyst, Greylock, Indeed.com, LGF, Next Play Ventures, Otherwise Fund, Sequoia Capital, UP.Partners, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Drew Houston, Dylan Field, Elad Gil, John Collison, Jonathan Wasserstrum, Konstantin von Unger, Kyle Vogt, Marc Benioff, Sahin Boydas, Sam Altman, Scott Belsky, Vivek Patel |
| Jul 1, 2025 | Sundial | $23.0M Series A | — | Accel, Alt Capital, Bee Partners, Browder Capital, Contrary Capital, Jenny Fielding, Scott Hartley, Founders Fund, Freestyle Capital, FTX Ventures, Lightspeed Venture Partners, Meritech Capital Partners, Mischief Venture Capital, Next Play Ventures, Operator Collective, Redpoint Ventures, Saga, Sequoia Capital, South Park Commons, Summit Partners, Sutter Hill Ventures, TCV, The Hit Forge, UP.Partners, Vela Partners, Webb Investment Network, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Christina Cacioppo, Deborah Liu, Dharmesh Shah, DJ Patil, Don Dodge, Drew Houston, Dylan Field, Elad Gil, Fidji Simo, Howie Liu, Immad Akhund, Jason Lemkin, Jonathan Neman, Jonathan Wasserstrum, Joshua Reeves, Julian Shapiro, Justin Mateen, Koen Bok, Kyle Vogt, Marc Benioff, Max Mullen, Parker Conrad, Sahin Boydas, Sam Altman, Scott Belsky, Scot Wingo, Sean Rad, Shishir Mehrotra, Siqi Chen, Tobias Lutke |
| Jun 1, 2025 | Warp | $10.0M Series A | — | ACME Capital, Addition, Alumni Ventures, Andreessen Horowitz, Basecamp Fund, Bee Partners, Bond, Contrary Capital, Craft Ventures, Floodgate, General Catalyst, Giant Ventures, Giza Polish Ventures, Greylock, Frederique Dame, Haystack, IVP, Kleiner Perkins, Klossy, LAUNCH, Lux Capital, Makers Fund, Maniv Mobility, Matrix, Menlo Ventures, Next Play Ventures, Hans Tung, Sequoia Capital, Seven Seven Six, Slow Ventures, The General Partnership, The House Fund, Toyota Ventures, Tribe Capital, Ultratech Capital Partners, Ulu Ventures, UP.Partners, Venture Highway, Volition Capital, Workday Ventures, Y Combinator, Adam Back, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Catherine Lu, Ding Zhou, Drew Houston, Dylan Field, Elad Gil, Emmett Shear, Gokul Rajaram, Henry Kravis, Jonathan Wasserstrum, Kelvin Beachum Jr., Kevin Weil, Kyle Vogt, Manish Chandra, Marc Benioff, Nico Rosberg, Sahin Boydas, Sam Altman, Tony Xu |
| May 1, 2025 | Kidola | $1.0M Seed | — | Cultivation Capital, Expon Capital, Industrious Ventures, OTB Ventures, Techstars |
| Apr 1, 2025 | Florbs | $1.0M Seed | — | Graduate Entrepreneur, Koolen and Partners |
| Mar 1, 2025 | experial | $2.0M Seed | — | Capnamic Ventures |
| Feb 1, 2025 | Tyba | $14.0M Series A | — | Energize Ventures, Energy Impact Partners, National Grid Partners, Piva Capital |
| Feb 1, 2025 | ACCURE Battery Intelligence | $16.0M Series B | — | Capnamic Ventures, Energize Ventures, Energy Impact Partners, Flybridge Capital Partners, National Grid Partners, Piva Capital |
| Oct 1, 2024 | Delos Insurance | $9.0M Series A | — | C2Ventures, Connecticut Innovations, Cultivation Capital, Expon Capital, Helium-3 Ventures, IA Capital Group, Industrious Ventures, KHOCEL INVEST, OTB Ventures, Seraphim Space, Techstars, UP.Partners, Y Combinator, Sahin Boydas, Ted Serbinski, Trevor Blackwell |
| Oct 1, 2024 | Urbint | $35.0M Series C | — | C2 Investment, Energize Ventures, Energy Impact Partners, Graduate Entrepreneur, Koolen and Partners, National Grid Partners, Piva Capital |
| Sep 1, 2024 | Engaige Technologies B.V. | $1.0M Seed | — | Graduate Entrepreneur, Koolen and Partners |
| Sep 1, 2024 | RISE Labs | $3.0M Seed | — | 10100, 1confirmation, Abstract Ventures, Kevin Hartz, Brainchild, Divergence Ventures, Founders Fund, General Catalyst, New Form Capital, North Island Ventures, Polychain Capital, Polygon, Robot Ventures, Sequoia Capital, Sound Ventures, The Hit Forge, Thrive Capital, White Loop Capital, Ajit Tripathi, Balaji Srinivasan, Diego Berdakin, Dylan Field, Marc Benioff, Mark Pincus, Sahin Boydas, Stani Kulechov, Tekin Salimi |
| Jul 1, 2024 | Hyperbolic | $7.0M Seed | — | Borderless Capital, Dragonfly Capital Partners, Infinity Ventures Crypto, Otherwise Fund, Paradigm, ParaFi Capital, Polygon, Sequoia Capital, SID Venture Partners, The General Partnership, TSVC Capital, Ajit Tripathi, Balaji Srinivasan, Diego Berdakin, Marc Benioff, Sebastien Borget |
| Jun 1, 2024 | Speak | $20.0M Series B | — | Andreessen Horowitz, TJ Nahigian, Bee Partners, BoxGroup, Buckley Ventures, Byers Capital, Contrary Capital, First Round Capital, General Catalyst, GIT1K, Next Play Ventures, Sequoia Capital, UP.Partners, Y Combinator, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, David J. Phillips, Drew Houston, Dylan Field, Elad Gil, Gordon Wintrob, Jonathan Wasserstrum, Kyle Vogt, Marc Benioff, Michael Stoppelman, Nate Matherson, Nikhil Krishnan, Nitay Joffe, Sahin Boydas, Sam Altman, Zak Kukoff |
| Mar 1, 2024 | CarbonCapture | $80.0M Series A | — | Alumni Ventures, Amazon Climate Pledge Fund, Bee Partners, Contrary Capital, Next Play Ventures, Prime Movers Lab, Sequoia Capital, UP.Partners, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Drew Houston, Dylan Field, Elad Gil, Jonathan Wasserstrum, Kyle Vogt, Marc Benioff, Sahin Boydas, Sam Altman |
| Mar 1, 2024 | Ultraview AI | $550K Seed | — | Cultivation Capital, Expon Capital, Industrious Ventures, OTB Ventures, Techstars |
| Mar 1, 2024 | Pandion | $42.0M Series B | — | Blumberg Capital, Bow Capital, Building Ventures, Playground Global, Revolution Growth, Schematic Ventures, Streamlined Ventures, Anshu Sharma |
| Oct 1, 2023 | Skoon Energy | $5.0M Series A | — | 83North, EQT Ventures, Jenny Fielding, Scott Hartley, Graduate Entrepreneur, Koolen and Partners, M13, Possible Ventures, Prime Ventures, The 22 Capital Group |
| Sep 1, 2023 | teachme.to | $2.0M Seed | — | 1984 Ventures, Bee Partners, Bling Capital, Contrary Capital, Next Play Ventures, Sequoia Capital, UP.Partners, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Deborah Liu, Drew Houston, Dylan Field, Elad Gil, Gokul Rajaram, Jonathan Wasserstrum, Kyle Vogt, Marc Benioff, Sahin Boydas, Sam Altman |
| Sep 1, 2023 | Delos Insurance | $7.0M Seed | — | C2Ventures, Connecticut Innovations, Cultivation Capital, Expon Capital, IA Capital Group, Industrious Ventures, OTB Ventures, Techstars, Y Combinator, Ted Serbinski |
