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§ Venture Capital · Denver, CO, USA
Investment firm deploying capital for advanced technology companies, focused on AI, optical computing, and sustainable transportation.
Gates Frontier Holdings is an investment firm operating from an undisclosed location that deploys capital into advanced technology companies focused on disruptive innovations. Backed directly by Bill Gates, the firm targets sectors such as artificial intelligence, optical computing, silicon photonics, and sustainable transportation. The venture capital entity generates returns through equity stakes in a portfolio that includes recognizable companies such as Evolv Technologies and Exicure. Demonstrating its financial scale, Gates Frontier Holdings has an estimated net worth of at least $105 million and recently participated in a $257 million Series D funding round for Cellares. The firm maintains ten percent ownership stakes in several investments and previously engaged in a $200 million joint investment with the University of Colorado Anschutz. The exact founding year and original founders of the organization remain publicly undisclosed.
Gates Frontier Holdings has 1 tracked investment across 1 company. The latest tracked deal is $75.0M Series C in Covariant in April 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2023 | Covariant | $75.0M Series C | Mike Volpi, Jordan Jacobs | Acrew Capital, AME Cloud Ventures, Amplify Partners, Array Ventures, B Capital Group, Bloomberg Beta, C2 Investment, Felicis Ventures, Great Oaks Venture Capital, Hanabi Capital, Hardware Club, Homebrew, Human Ventures, Innovation Endeavors, Lightspeed Venture Partners, Predictive VC, RED Swan Ventures, Slow Ventures, Swift Ventures, Tencent Holdings, Work Bench, Y Combinator, Amjad Masad, Arash Ferdowsi, Bobby Goodlatte, JOE Greenstein, Jonathan Wegener, Karim Atiyeh, Kenny VAN Zant, Sahil Lavingia, Sahin Boydas, AIX Ventures, Northgate Capital |