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Piva Capital

VC

USDEOtherDeep TechClimateAI/MLCybersecurityEnterpriseOther

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Investment thesis

Piva Capital is a thesis-driven venture capital firm that invests in founders and emerging companies whose ideas are transforming the trajectory of industry. The firm backs companies with foundational, cross-industry technological solutions — seeking platforms with substantial deployment value and scalable sales potential in large markets — at the inflection of scientific breakthrough and mass market impact. Its focus spans three verticals: Future of Industry & Work (IoT, AI, robotics, automation, supply chain, additive manufacturing, security); Future of Materials & Production (specialty chemicals, new materials, resource efficiency, food and alternative proteins, waste-to-value); and Future of Energy & Mobility (energy transition, decarbonization, electrification, digitalization of mobility, smart cities). Piva targets early- to growth-stage companies at commercial inflection points, managed by executive teams with high entrepreneurial drive, and leverages a global network of domain experts across 90+ countries to help portfolio companies access new markets, leading corporations, and technical partners.

Notable quotes

We invest in founders and emerging companies whose ideas are transforming the trajectory of industry. Their game-changing technologies are solving some of the world's greatest problems, improving the outlook for both people and planet.

Ricardo Angel · Piva Capital 2023 Responsible Investment Report · 2024-04-01

Clearly, there has been huge progress on renewable ... but we see that now it's the right time really to be in the middle of things since there's huge potential in the next 10 to 20 years to do even more.

Ricardo Angel · CNBC – 'Former GE Ventures Exec Raises $250 Million to Make Breakthrough Energy Investments' · 2019-12-11

You cannot vibe-code ten thousand hours of a physical system operating in the real world.

Mark Gudiksen · LinkedIn post – Piva Capital / Ricardo Angel · 2025-01-01

Team

Ricardo Angel

CEO & Managing Partner

ClimateDeep TechEnterprise

Mark Gudiksen

Managing Partner

Deep TechAI/MLClimate

Adzmel Adznan

Co-Founding Partner

ClimateDeep TechEnterprise

Adam Lasics

Partner, Strategy & Operations

EnterpriseDeep Tech

Maria Buitron

Principal

ClimateDeep Tech

Lee Larson

Investor

Deep TechClimate

Recent investments

CompanyRoundSizeDate
Lunar EnergySeries C/D$232m2026-02-04
Planted SolarSeries A$12m2025-07-01
Boston MetalConvertible Debt2025-06-27
OobliSeries B2025-02-14
KolomaSeries B$245m2024-02-09
INERATECSeries B$129m2024-01-16
Xage SecuritySeries B2022-01-01
PykaSeries B$40m2024-09-01
Malta, Inc.Series B2021-08-25
VELO3DSeries D2021-01-01

Frequent co-investors

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