Combustion Ventures

ActiveVenture Capital

Updated: Mar 19, 2026 ·

About

Combustion Ventures operates as an accelerator, providing strategic guidance for early-stage companies. It specializes in market strategy, product design, and development, helping startups refine offerings and establish robust operational frameworks. The firm accelerates progression from concept to market viability through structured support programs.

Combustion Ventures arises from a foundational insight into the critical support nascent companies require for success. While specific founding individuals are not prominently detailed, the firm bridges the gap between innovative ideas and sustainable market presence. It provides a vital resource for emerging enterprises seeking strategic direction and tactical execution.

Combustion Ventures primarily serves technology-focused startups seeking intensive mentorship and strategic development. The accelerator empowers these new ventures to navigate competitive landscapes and secure their industry foothold. Its vision is to cultivate a robust ecosystem of successful enterprises, driving innovation and creating lasting market impact.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Nov 1, 2024	World Class Health	$8.0M Seed	—	Aster Capital, BlueRun Ventures, Boost VC, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Transformation Capital, Vivek Garipalli
Apr 1, 2022	Theator	$24.0M Series A	—	Insight Partners, Project A Ventures, Christian Wenger, Tim Stracke
Apr 1, 2022	Venus Aerospace	$20.0M Series A	—	Aster Capital, Bascom Ventures, BlueRun Ventures, Boost VC, Cubit Capital, Infinite Capital, InterWest, Lerer Hippeau, Liquid 2 Ventures, Lockheed Martin Ventures, LombardStreet Ventures, Metaplanet, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Mar 1, 2022	Terakalis	$3.0M Series A	—	Aster Capital, BlueRun Ventures, Boost VC, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Jan 1, 2022	Wrangle	$2.0M Seed	—	3VC, AAF Management Ltd., Accomplice VC, AirAngels, Alumni Ventures, Bloomberg Beta, CRV, Flex Capital, Kearny Jackson, Musha Ventures, Neu Venture Capital, Quiet Capital, Redpoint Ventures, Sequoia Capital, Aaron Levie, Gokul Rajaram, Jack Chou, Mathias Biilmann Christensen, Shay Banon, Uri Boness
Sep 1, 2021	Joyned	$4.0M Seed	—	3VC, Bloomberg Beta, Neu Venture Capital, Quiet Capital, Sequoia Capital
Aug 1, 2021	Felt	$5.0M Seed	—	2xN, Kevin Hartz, A* Capital (A Star Capital), Accel, Allison Pickens Ventures, formerly The New Normal Fund, Alumni Ventures, Aster Capital, Awesome People Ventures, BlueRun Ventures, Bond, Boost VC, Coinbase Ventures, Footprint Coalition, Founders Fund, Granite Asia, Greylock, Jett Fein, InterWest, Khosla Ventures, Kleiner Perkins, LGF, Matchstick Ventures, Multicoin Capital, NextGen Venture Partners, Next Play Ventures, Polaris Partners, Princeville Capital, Redpoint Ventures, Renegade Partners, Samsung NEXT Ventures, Sound Ventures, Tola Capital, WndrCo LLC, XYZ Venture Capital, Zigg Capital, Akshay Kothari, Brandon Leonardo, Edvard Engesæth, George Kurtz, Gerhard Eschelbeck, Justin Timberlake, Matt Piccolella, Max Mullen, Robert Vis, Ron Pragides, Ryan Reynolds, Stewart Butterfield, Tobias Lutke, Trevor Noah, Vivek Garipalli
Feb 1, 2021	Theator	$16.0M Series A	—	Audacious Ventures, Blumberg Capital, Frontline Ventures, General Catalyst, Giza Polish Ventures, Hanaco Ventures, Insight Partners, Lightspeed Venture Partners, Makers Fund, Oak HC/FT, O.G. Tech Partners, OurCrowd, Rabbit Ventures, Scale Venture Partners, StageOne Ventures, Viola Ventures, Webtalk Ltd, Alex Kayyal, Kevin Lin, Mike Hudack, Nate Mitchell
Nov 1, 2020	Stensul	$16.0M Series B	—	Addition, Arthur Ventures, Aster Capital, Audrey Capital, BlueRun Ventures, Boost VC, Coelius Capital, Craft Ventures, First Round Capital, Foundation Capital, Insight Partners, InterWest, Javelin Venture Partners, LOI Venture, Lowercarbon Capital, Menlo Ventures, Multicoin Capital, NextGen Venture Partners, OMERS Ventures, Partech Ventures, Plaid, Polaris Partners, Princeville Capital, Resolute Ventures, Salesforce Ventures, Samsung NEXT Ventures, Stripes Group, Uncork Capital, Adam D'Angelo, Arash Ferdowsi, Avid Larizadeh, Edith Harbaugh, Frederic Kerrest, Mathilde Collin, Matt Mazzeo, Rashaun Williams, Ron Pragides, Ryan Carlson, Shelby Bonnie, Vivek Garipalli, Yan-David Erlich
Jul 1, 2020	Swiftly	$23.0M Series A	—	Alkeon Capital, AME Cloud Ventures, Aster Capital, Bessemer Venture Partners, BlueRun Ventures, Boost VC, Decibel Partners, Draper B1, Electric Capital, General Catalyst, Hanabi Capital, Hardware Club, Heretic Ventures, Innovation Endeavors, InterWest, Multicoin Capital, NextGen Venture Partners, Operator Collective, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Sequoia Capital, Sherpalo Ventures, Y Combinator, Arthur Lazarte, Jeremy Stoppelman, Tobias Lutke, Vivek Garipalli, Yan-David Erlich
Mar 1, 2018	Terakalis	$2.0M Seed	—	Aster Capital, BlueRun Ventures, Boost VC, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Dec 1, 2017	Swiftly	$1.0M Seed	—	Aster Capital, BlueRun Ventures, Boost VC, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
May 1, 2017	Swiftly	$3.0M Seed	—	Andreessen Horowitz, Aster Capital, BlueRun Ventures, Boost VC, Brighter Capital, ENIAC Ventures, FJ Labs, Graph Ventures, InterWest, Menlo Ventures, Multicoin Capital, NextGen Venture Partners, NextView Ventures, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Seven Seven Six, Y Combinator, Adam D'Angelo, Biz Stone, Bobby Goodlatte, Javier Olivan, Jeremy Stoppelman, Matt Mazzeo, Tyler Willis, Vivek Garipalli, Yishan Wong
May 1, 2016	Seerslab	$2.0M Seed	—	3VC, Bloomberg Beta, LearnLaunch Accelerator, Neu Venture Capital, Quiet Capital, Sequoia Capital, Dharmesh Shah
Apr 1, 2016	Projector	$5.0M Seed	—	01 Advisors, Advisors Fund LLC, Amplify Partners, Audrey Capital, Avalon Ventures, Brand Foundry Ventures, Celesta, Dell Technologies Capital, Foundation Capital, Fuel Capital, Genoa Ventures, Heavybit, IDG Ventures, Invariantes Fund, Lerer Hippeau, Long Journey Ventures, Prefix Capital, Alexander Rosen, Gil Penchina, Ridge Ventures, ThirdLove, Trinity Ventures, Unpopular Ventures, Vertex Ventures, Alex Payne, Alison Pincus, Andy Bechtolsheim, Eric Ries, Jean Pigozzi, John Kobs, Kyle York, Leonardo DiCaprio, Mark Pincus, Mark Williamson, Roger Ehrenberg, Scott Banister, Sophia Lee
Jun 1, 2015	Yieldify	$12.0M Series A	—	Aster Capital, BlueRun Ventures, Boost VC, Bullpen Capital, Crane Venture Partners, ENIAC Ventures, Founder Collective, Tom Hulme, Hoxton Ventures, InterWest, Lerer Hippeau, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Apr 1, 2015	STRATIM Systems	$30.0M Series B	—	01 Advisors, 10100, 7BC Venture Capital, 8VC, Alumni Ventures, Antler, Asylum Ventures, Balderton Capital, Adeyemi Ajao, Base10 Partners, Bessemer Venture Partners, Canvas Ventures, Chemistry VC, Citi Ventures, Felicis Ventures, Fifth Wall, FJ Labs, Flex Capital, Footprint Coalition, Foundation Capital, Freestyle Capital, Future Shape, Gaingels, Great Oaks Venture Capital, H.I.G. Capital, Ignition Partners, Industry Ventures, K9 Ventures, Maveron, Mohr Davidow Ventures, Montage Ventures, Peterson Ventures, Quest Venture Partners, Radical Ventures, Redpoint Ventures, Roble Ventures, Rubicon VC, Scale Asia Ventures, Spero Ventures, Tribe Capital, Trinity Ventures, Western Technology Investment, Armando Mann, Eneko Knorr, Gary Kremen, Hippolyte Genet, John Collison, John Kobs, Mac Harman, Matt Carbonara, Olivier Grinda, Roger Ehrenberg, Sophia Lee
Sep 1, 2014	STRATIM Systems	$6.0M Series A	—	01 Advisors, Alumni Ventures, Antler, Balderton Capital, Citi Ventures, Ensemble VC, Footprint Coalition, Foundation Capital, Ignition Partners, IVP, K2 Global, Lerer Hippeau, Montage Ventures, Tony Florence, Rainfall Ventures, Redpoint Ventures, Roble Ventures, Slow Ventures, TQ Ventures, Trinity Ventures, Andre Iguodala, Gordon Segal, Hippolyte Genet, Leonardo DiCaprio, Roger Ehrenberg, Sophia Lee, Zhong Xu
Jun 1, 2014	Swiftly	$550K Seed	—	NextGen Venture Partners, Amar Chokhawala
May 1, 2012	PostRocket	$610K Seed	—	Plug & Play Ventures, Shervin Pishevar
Feb 1, 2010	Postling	$350K Seed	—	8-Bit Capital, Human Augmentation Syndicate, Outlander Labs, Practical Venture Capital, SV Angel, Techstars, Vayner RSE, Zinc, Mark Cuban, Yee Lee
Aug 1, 2009	Fotomoto	$320K Series A	—	01 Advisors, Foundation Capital, Plug & Play Ventures, Trinity Ventures, Roger Ehrenberg, Sophia Lee
Mar 1, 2009	TubeMogul	$3.0M Series B	—	QED Investors, SV Angel, Trinity Ventures, Tugboat Ventures, Chris Yeh
May 1, 2008	OrganizedWisdom	$2.0M Series A	—	01 Advisors, Betaworks Ventures, CSC Venture Capital, Foundation Capital, GPO Fund, Greylock, Idealab, iNovia Capital, Lightspeed Venture Partners, Trinity Ventures, VitalStage Ventures, Western Technology Investment, Zinc, Marc Benioff, Robin Klein, Roger Ehrenberg, Sophia Lee
May 1, 2008	PBworks	$4.0M Series A	—	—

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Combustion Ventures.

Mehdi Maghsoodnia

Managing Partner

Leadership Team

Key people at Combustion Ventures.

Mehdi Maghsoodnia

Managing Partner

Deep Dive

High-Level Overview

Combustion Ventures is a venture capital firm that primarily invests in innovative technology startups with strong growth potential and experienced founding teams. Their focus is on early to growth-stage companies that have demonstrated product-market fit and are poised to scale, typically participating in funding rounds from seed to Series C and beyond. While specific sector focus details are limited, available information suggests an interest in technology-driven companies, including those in biotech and related fields. Combustion Ventures plays a role in the startup ecosystem by providing capital and strategic support to help emerging companies expand their operations and market reach[1][2].

Origin Story

Details about Combustion Ventures’ founding year and key partners are not publicly available in the sources reviewed. The firm appears to have evolved to focus on backing startups that have moved past initial product validation and are ready for accelerated growth. Their investment approach emphasizes partnering with companies that have clear market opportunities and scalable business models, although the specific backstory and evolution of their focus remain undisclosed[1].

Core Differentiators

Investment Stage Focus: Targets early to growth-stage startups with proven product-market fit.
Flexible Investment Size: Participates in rounds from seed through Series C and beyond, adjusting investment size to company needs.
Sector Interest: While broadly technology-focused, there is a noted specialization in biotech startups.
Network and Access: Engages with startups through direct outreach, warm introductions, and industry events, favoring well-prepared pitches.
Growth Orientation: Emphasizes companies with strong growth trajectories and experienced teams ready to scale[1][2].

Role in the Broader Tech Landscape

Combustion Ventures operates within the broader trend of venture capital firms focusing on scaling technology startups that have validated their market fit. This timing is critical as many startups seek growth capital to expand rapidly in competitive markets, especially in sectors like biotech where innovation cycles are intense. By supporting companies at this pivotal stage, Combustion Ventures contributes to accelerating innovation and commercialization of new technologies, thereby influencing the startup ecosystem by enabling companies to transition from early success to market leadership[1][2].

Quick Take & Future Outlook

Looking ahead, Combustion Ventures is likely to continue focusing on startups with demonstrated traction and scalable business models, potentially deepening its involvement in biotech and other high-growth tech sectors. Trends such as increased demand for biotech innovation, digital transformation, and scalable tech solutions will shape their investment strategy. Their influence may grow as they help more startups navigate the critical scaling phase, reinforcing their role as a key partner in the venture capital landscape for emerging technology companies[1][2].

Sources

High-Level Overview

Origin Story

Core Differentiators

Investment Stage Focus: Targets early to growth-stage startups with proven product-market fit.
Flexible Investment Size: Participates in rounds from seed through Series C and beyond, adjusting investment size to company needs.
Sector Interest: While broadly technology-focused, there is a noted specialization in biotech startups.
Network and Access: Engages with startups through direct outreach, warm introductions, and industry events, favoring well-prepared pitches.
Growth Orientation: Emphasizes companies with strong growth trajectories and experienced teams ready to scale[1][2].