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Cerulean Ventures

USGBDEFRESNLOtherAI/MLClimateFintechB2B SaaSDeep TechMarketplaces

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Investment thesis

Cerulean Ventures is a pre-seed venture capital firm backing founders globally who are applying AI to drive systemic change for people and planet. The firm believes AI will finish what software started — targeting industries like manufacturing, supply chains, oceans and maritime, food and agriculture, and energy that remain the most stubbornly under-digitized sectors of the economy. Cerulean's four major focus areas are Carbon, Energy, Sustainable Supply Chains, and Climate FinTech, investing in highly-scalable software and technology focused on biodiversity, natural capital, and climate-positive profitable business practices. Cerulean seeks 'non-consensus' opportunities, often being the first or sole institutional investor on a cap table. The firm looks for crafty and scrappy founders who can find ways to stay alive in industries that have resisted startup disruption, as their systems ingest data and find business value in the new AI paradigm. For its second fund (targeting $50M), Cerulean is focused on 'physical AI' and nature tech, writing bigger checks at the same early-stage advantage to secure larger ownership stakes.

Notable quotes

When people look at us, they go, 'This is crazy. This is going to work?' And that's how we know that we're on the right track.

Matthew Stotts · ImpactAlpha — GP Snapshot: With second fund, Cerulean seeks 'non-consensus' in physical AI and nature tech · 2025-08-11

We're greedy for the planet, and in order to do that, we have to be really early and help founders stay aligned, and find the folks who are deeply purpose-driven. It's the first 18 months from the founding that creates the impact, the value of everything you're going to do.

Matthew Stotts · ImpactAlpha — GP Snapshot: With second fund, Cerulean seeks 'non-consensus' in physical AI and nature tech · 2025-08-11

The differentiation for us is very much in physical AI versus where other people are looking. People are finding these opportunities for software and scale from AI in places that honestly are just boring or unsexy.

Jahed Momand · ImpactAlpha — GP Snapshot: With second fund, Cerulean seeks 'non-consensus' in physical AI and nature tech · 2025-08-11

Recent investments

CompanyRoundSizeDate
CheckerSeed$8m2026-05-19
WattCarbonSeed Extension2025-07-17
EmpowerSeed Extension2025-02-01
LGND.AISeed$9m2025-07-01
MeridiaSeries A2024-04-01
KYVE NetworkSeed$9m2022-01-01
ThalloSeed$3m2022-11-14
EarthbancPre-seed2022-01-01
EthicHubPre-seed2023-01-01
ElioPre-seed2023-01-01

Frequent co-investors

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