Caffeinated Capital

Venture capital firm
San Francisco, California, USAFounded 2008www.caffeinated.com

Seed and Series A venture capital firm investing across fintech, aerospace, healthcare, software, and autonomous vehicles, based in San Francisco and New York.

Strategy

Stages
SeedSeries A
Sectors
FintechAerospaceHealthcareSoftwareAutonomous VehiclesInsurance
Geographies
San Francisco, California, USA

Recent changes

  1. Sep 5, 2026Stages updated: Seed, Series A caffeinated.com
  2. Sep 5, 2026Sectors updated: Fintech, Aerospace, Healthcare, Software, Autonomous Vehicles, Insurance caffeinated.com
  3. Jul 27, 2026Invested in Antares (Series C, $470M) TechCrunch
  4. Feb 4, 2026New fund: Caffeinated Capital Seed Fund VI (target $250M) SEC EDGAR Form D
  5. Feb 4, 2026New fund: Caffeinated Capital Growth Fund I (target $500M) SEC EDGAR Form D
Earlier changes (13)
  1. Feb 19, 2025Invested in Saronic (Series C, $600M) TechCrunch
  2. Jan 22, 2025New fund: Caffeinated Capital Fund V ($400M) TechCrunch
  3. Jan 22, 2025New fund: Caffeinated Capital Venture Fund V (target $400M) SEC EDGAR Form D
  4. Feb 1, 2023New fund: Caffeinated Capital Venture Fund IV (target $400M) SEC EDGAR Form D
  5. Nov 29, 2022New fund: Caffeinated Capital Seed Fund V (target $200M) SEC EDGAR Form D
  6. Dec 9, 2021New fund: Caffeinated Capital Opportunity Fund IV (target $400M) SEC EDGAR Form D
  7. Feb 11, 2021New fund: Caffeinated Capital Opportunity Fund III (target $450M) SEC EDGAR Form D
  8. Feb 11, 2021New fund: Caffeinated Capital Fund IV (target $150M) SEC EDGAR Form D
  9. Dec 11, 2019New fund: Caffeinated Capital Opportunity Fund II (target $150M) SEC EDGAR Form D
  10. May 29, 2018New fund: Caffeinated Capital Fund III (target $75M) SEC EDGAR Form D
  11. Nov 21, 2017New fund: Caffeinated Capital Opportunity Fund I (target $75M) SEC EDGAR Form D
  12. Jan 1, 2016New fund: Caffeinated Capital Fund I ($17M) Value Add VC funds tracker
  13. Feb 12, 2015New fund: Caffeinated Capital Fund II (target $50M) SEC EDGAR Form D

Funds

14
FundVintageSizeStrategySource
Caffeinated Capital Growth Fund I2026target $500MGrowth
As of Feb 4, 2026SEC EDGAR Form D
Caffeinated Capital Seed Fund VI2026target $250MSeed
As of Feb 4, 2026SEC EDGAR Form D
Caffeinated Capital Fund V2025$400MOther
As of Jan 22, 2025TechCrunch
Caffeinated Capital Venture Fund V2025target $400MVenture
As of Jan 22, 2025SEC EDGAR Form D
Caffeinated Capital Venture Fund IV2023target $400MVenture
As of Feb 1, 2023SEC EDGAR Form D
Show 9 earlier funds
FundVintageSizeStrategySource
Caffeinated Capital Seed Fund V2022target $200MSeed
As of Nov 29, 2022SEC EDGAR Form D
Caffeinated Capital Opportunity Fund IV2021target $400MOpportunity
As of Dec 9, 2021SEC EDGAR Form D
Caffeinated Capital Fund IV2021target $150MFlagship
As of Feb 11, 2021SEC EDGAR Form D
Caffeinated Capital Opportunity Fund III2021target $450MOpportunity
As of Feb 11, 2021SEC EDGAR Form D
Caffeinated Capital Opportunity Fund II2019target $150MOpportunity
As of Dec 11, 2019SEC EDGAR Form D
Caffeinated Capital Fund III2018target $75MFlagship
As of May 29, 2018SEC EDGAR Form D
Caffeinated Capital Opportunity Fund I2017target $75MOpportunity
As of Nov 21, 2017SEC EDGAR Form D
Caffeinated Capital Fund I2016$17MFlagship
As of 2016Value Add VC funds tracker
Caffeinated Capital Fund II2015target $50MFlagship
As of Feb 12, 2015SEC EDGAR Form D

Portfolio

3 total
TwentyAntaresSaronic

Recent Investment Activity

2
DateCompanyEventAmountValuationInvestorsSource
Jul 27, 2026AntaresSeries C$470M—
ParadigmCaffeinated CapitalPoint72 VenturesShine Capital
outlined = lead
Pulse story
Feb 19, 2025SaronicSeries C$600M$4B
Elad GilGeneral CatalystAndreessen Horowitz8VCCaffeinated Capital
outlined = lead
TechCrunch

Sector / Stage Activity

By sector (portfolio)
Defense
2 · 67%
Nuclear
1 · 33%

Co-Investors

12
Point72 Ventures · 2 sharedParadigm · 1 sharedShine Capital · 1 sharedShrug Capital · 1 shared8VC · 1 sharedAdvent International · 1 sharedAndreessen Horowitz · 1 sharedBessemer Venture Partners · 1 sharedElad Gil · 1 sharedFranklin Templeton · 1 sharedGeneral Catalyst · 1 sharedKleiner Perkins · 1 shared

Latest Pulse

Pulse coverage →
  1. Antares Raises $470M For Military Nuclear MicroreactorsAntares raised a $470 million Series C -- $370 million equity plus $100 million debt -- co-led by Paradigm and Caffeinated Capital, after achieving initial criticality on its Mark-0 compact nuclear reactor under a DOE pilot program.→
  2. Antares Nuclear Raises $470M For Military MicroreactorsAntares Nuclear raised a $470 million Series C led by Paradigm and Caffeinated Capital to deploy small nuclear microreactors that can power US military bases independent of the civilian grid by 2028.→
  3. Twenty Raises $100M at $1B -- America's First VC-Backed Cyber Warfare StartupTwenty Technologies, an Arlington-based startup building automated offensive cyber operations for the U.S. military and intelligence community, raised a $100 million Series B at a $1 billion valuation led by Accel, with Point72 Ventures, Caffeinated Capital, and Friends & Family Capital participating. The round, which brings total funding to $138 million, mints a defense-tech unicorn in a category most VCs avoided a few years ago.→
  4. Cyber-Warfare Startup Twenty Raises $100M Series B at a $1B ValuationTwenty, which bills itself as America's first VC-backed cyber-warfare company, raised a $100 million Series B led by Accel at a $1 billion valuation, with Point72 Ventures and Caffeinated Capital joining. The startup builds AI-enabled, end-to-end offensive and defensive cyber systems for the US military and intelligence community.→
Sources & methodologyshow
Where these figures come from

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