Investor profile

Catapult Ventures

VC

USNorth AmericaAI/MLDeep TechDevtoolsEnterprise

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Investment thesis

Catapult Ventures invests at the forefront of AI, robotics, and automation, funding bold founders with disruptive ideas. The firm focuses on innovations in artificial intelligence, automation, robotics, internet-of-things, and embedded systems that have the potential to revolutionize industries including automotive, aerospace, industrial manufacturing, construction, logistics, consumer electronics, and healthcare. The firm seeks founders challenging the status quo in massive markets, emphasizing the intersection of hardware, embedded systems, and software. Catapult approaches investing from the perspective of having been in the trenches, with an appreciation for the practical aspects of building technology in a revenue-generating business.

Notable quotes

When I was six years old, my mom dragged me to her barber shop in La Salle, CO every morning that summer to shine shoes. I made $2/pair and earned about $350 (or roughly $850 in today's money) which was a crazy amount of money for a six year old. More importantly, for the first time in my life, I learned the meaning of working for a dollar (or two). I carried that mentality with me in school, on the tennis court, and throughout my career. Not surprisingly, those are some of the most important attributes I look for in founders…grit, scrapiness, and willingness to get their hands dirty, just like I did shining shoes as a six year old.

Rouz Jazayeri · Catapult Ventures website

At Catapult, we have successfully backed the next wave of scrappy and practical deep-tech founders while quickly building one of the world's best seed stage deep tech funds, thanks to early exits from Oculii, XNOR.ai, Left Hand Robotics, FlightWave, and Engine ML.

Rouz Jazayeri · Catapult Ventures website

It is our mission to first identify innovative companies with horizontal core AI technologies that can be applied to more than one industry. What we're talking about here is things like sensors, AI algorithms, next generation compute architectures, and so on.

Rouz Jazayeri · VentureBeat · 2019-02-14

Team

Darren Liccardo

Co-Founder & General Partner

AI/MLDeep TechDevtools

Rouz Jazayeri

Co-Founder & General Partner

AI/MLDeep TechEnterprise

Michael Paniccia

Associate

Deep TechAI/ML

Recent investments

CompanyRoundSizeDate
Urban SkySeries B$30m2025-02
Array LabsSeed2024
EriduSeed2024
SpinLaunchSeed
MythicSeed
OculiiSeries B$55m2021-05
XNOR.aiSeed2020
Elroy AirSeed
Pickle RobotSeed
QuadraticSeed$660k2022-08

Frequent co-investors

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