Investor profile
Elementum Ventures
Micro-fund
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Analyse your fitInvestment thesis
Elementum Ventures invests in seed-stage deep technology companies targeting large markets with intellectual property as their primary differentiation and defensibility. The firm focuses on emerging technologies on the cusp of commercialization across frontier sectors including defense, carbon conversion, space, fusion, and advanced biotech. As stated on their fund page: "We not only invest capital at the earliest of stages, we invest ourselves wherever needed as you build your company, market, and team. We work with founders we like — people with passion, humility, and grit who are building something urgent, necessary, and often unexpected." Elementum's three General Partners are all multi-exit founder-operators who are willing to step into unexpected operating roles — COO, CFO, sales rep — for their portfolio companies. The firm brings a deep network of strategic partners, advisors, and potential customers to help accelerate a company's progress, and explicitly avoids consumer social apps, traditional SaaS, fintech, and non-mission-driven companies.
Notable quotes
“We not only invest capital at the earliest of stages, we invest ourselves wherever needed as you build your company, market, and team. We work with founders we like — people with passion, humility, and grit who are building something urgent, necessary, and often unexpected.”
“Elementum believes that by working together, we all can decide the future.”
“Elementum Ventures is a bespoke seed investor whose three general partners are all multi-exit founder-operators willing to step into unexpected operating roles like 'COO, CFO, sales rep, headhunter, janitor' for their portfolio companies.”
Team
Ben Chelf
General Partner
Kurt Keilhacker
General Partner
Ted Callahan
Co-Founder & Advisor
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Serro | Seed | $1m | 2025-06-01 |
| Trez | Seed | $2m | 2023-02-01 |
| heyData | Seed | $3m | 2022-09-01 |
| Twelve | Series B | $130m | 2022-06-29 |
| Mekonos | Series A | $25m | 2021-11-10 |
| Petra | Series A | $30m | 2021-11-01 |
| Anduril | Seed | — | — |
| Loom | Seed | — | — |
| Slingshot Aerospace | Seed | — | — |
| Legit | Seed | $3m | 2018-04-01 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| DCVC (Data Collective) | 2 |
| Eniac Ventures | 2 |
| Pioneer Square Labs | 2 |
| Techstars | 2 |
| Geekdom Fund | 2 |
| Atria Ventures | 1 |
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