Nomadic is a company.
Nomadic has raised $16.0M across 2 funding rounds.
Key people at Nomadic.
Nomadic has raised $16.0M in total across 2 funding rounds.
Nomadic has raised $16.0M in total across 2 funding rounds.
Nomadic's investors include BITKRAFT Ventures, Crosscut Ventures, Catapult Capital, Insight Partners, Kleiner Perkins, Maveron, Quiet Capital, Adam Goldstein, Darrell Cavens, Emil Michael, Jack Chou, Jeremy Stoppelman.
Key people at Nomadic.
Nomadic Venture Partners (NVP) is a minority-owned, diverse-led early-stage venture capital firm founded by Mongolian immigrants, focusing on climate technology investments to accelerate decarbonization in high-emission sectors.[1][2][4] Its mission is to drive sustainable innovation by backing diverse founders with pre-seed to Series A investments of $0.5M–$4M, providing hands-on support like strategic guidance and market access to generate financial returns alongside environmental and social impact.[1][5] NVP targets key sectors including natural resources (e.g., energy transition metals mining), manufacturing (e.g., chemicals, cement, steel), and transportation (e.g., heavy-duty trucking electrification), investing primarily in the US with a 100% impact-focused portfolio.[1][4][6] In the startup ecosystem, NVP influences by leading rounds for overlooked diverse founders, de-risking climate tech ventures through sector expertise, and fostering growth in decarbonization solutions amid global sustainability goals.[1][2]
Nomadic Venture Partners was founded in 2021 by Batchimeg Ganbaatar, Co-Founder and Managing Partner based in Denver, alongside partners in Chicago, as a firm led by Mongolian immigrants bringing unique perspectives to climate investing.[1][3] The firm's evolution centers on its deep sector expertise in decarbonizing incumbent industries responsible for major global emissions—mining (10%), manufacturing (30%), and transportation (70% diesel-dependent)—shifting focus from traditional VC to specialized climate tech.[1][4] Early traction stems from its commitment to diverse founders and active engagement model, positioning NVP as a first institutional investor in resilient climate startups within 3–4 years of operation.[1][2]
NVP stands out in climate VC through these key strengths:
NVP rides the climate tech wave amid the global energy transition from fuel- to metal-intensive economies, where mining, manufacturing, and trucking decarbonization are critical to net-zero goals.[4] Timing is ideal as industrial emissions (over 40% globally) face regulatory pressures and innovation gaps, with no viable substitutes yet for heat-intensive processes or long-haul trucking infrastructure.[1][4] Market forces like rising metal demand for batteries/hydrogen and policy incentives (e.g., sustainability mandates) favor NVP's focus, enabling it to back digital solutions scaling faster than heavy hardware.[4][6] It influences the ecosystem by amplifying diverse founders in underserved climate niches, bridging traditional VC blind spots, and accelerating startup growth to cut emissions at scale.[1][2]
NVP is poised to expand its portfolio as climate tech matures, potentially raising larger funds post its first closed vehicle to capture Series A opportunities in metals mining and trucking electrification.[3][5] Trends like AI-driven process optimization and hydrogen infrastructure will shape its trajectory, amplifying returns in a $2T+ decarbonization market.[4] Its influence may evolve by pioneering minority-led climate VC, inspiring broader diversity in impact investing while de-risking the sector for LPs—cementing NVP as a catalyst for sustainable innovation from its immigrant roots.[1]
Nomadic has raised $16.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in December 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2018 | $10.0M Series A | BITKRAFT Ventures, Crosscut Ventures | |
| Jun 1, 2017 | $6.0M Seed | Catapult Capital, Insight Partners, Kleiner Perkins, Maveron, Quiet Capital, Adam Goldstein, Darrell Cavens, Emil Michael, Jack Chou, Jeremy Stoppelman |
