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LDV Capital

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Investment thesis

LDV Capital is a thesis-driven early-stage venture fund founded in April 2012 by Evan Nisselson, investing exclusively in deep technical teams building businesses powered by visual technology and artificial intelligence. The fund's core premise is that a majority of the data human brains analyze is visual — therefore, the majority of the data AI will analyze will also be visual, spanning the light and electromagnetic spectrums across all sectors. Visual data encompasses images, video, thermal, radar, lidar, x-rays, ultrasound, MRI, CT scans, and multidimensional data. LDV invests $500K–$1.5M at pre-seed or seed stage, with 60–70% of deals in North America and 30–40% in Europe. The fund maintains a highly concentrated portfolio, often leading rounds and offering term sheets before companies are incorporated (~23% of the time). Sectors of interest include healthcare, agriculture, media & content, robotics, logistics, manufacturing, climate, autonomous vehicles, satellite imaging, and materials science.

Notable quotes

Since 2012, we at LDV Capital have been the only venture fund with a focused thesis on investing in people building businesses powered by visual technology and artificial intelligence. A majority of the data our brains analyze is visual. Therefore, the majority of the data AI will analyze will also be visual, spanning the light and electromagnetic spectrums across all sectors.

Evan Nisselson · LDV Capital LinkedIn post / 2026 AGM recap · 2026

Congrats, amazing, 7 years of the LDV Vision Summit in New York and this sector has evolved so much. Really amazing that you started off with a somewhat contrarian futurist perspective on computer vision. Our co-investments in Ezra & Synthesia and others in our portfolio such as Pinterest and Hyperscience are proving that your thesis is working today.

Rick Heitzmann · LDV Capital 10-Year Anniversary Blog Post · 2022

96% of LDV Capital portfolio companies that have gone out fundraising have successfully closed their financings. Co-investors that follow LDV's early investments include Sequoia, Union Square Ventures, Insight Partners, Google, Atomico, FirstMark, Menlo Ventures and NEA among others.

Evan Nisselson · LDV Capital Blog – Platform Network Effects post · 2022

Recent investments

CompanyRoundSizeDate
SynthesiaSeed2019
EzraSeed2019
Glass ImagingSeed2021
GardinPre-seed2020
VitVioPre-seed$2m2024
ResiQuantSeed$4m2024
Fieldstone BioSeed$5m2024
ArcturusSeed$2m2025
TVision InsightsSeed2016
Voyant PhotonicsSeed2019

Frequent co-investors

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