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Seabed VC

USAI/MLDeep TechFintechHealthtechClimateB2B SaaSConsumer

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Investment thesis

Seabed VC invests in early-stage companies with a contrarian approach, deliberately targeting innovative companies that mainstream VCs often overlook. The firm believes that 70% of the early success of a company is determined by founders, 20% by product and 10% by the market. They look for founders who are motivated by a desire to 'make a dent in the universe' and invest with the belief that a strong team is more likely to succeed than a single, strong CEO. The firm focuses on supporting talented founders who are addressing significant challenges through their ventures across diverse sectors including consumer, energy, robotics, AI, fintech, and healthcare.

Notable quotes

We believe that 70% of the early success of the company is determined by founders, 20% by product and 10% by the market. A strong founding team can fix the wrong product; a revolutionary product can disrupt an unappealing market.

Vijay Ullal · Seabed VC website - About page

My life's journey has been contrarian from its outset. I was born into a family of lawyers and was expected to continue the tradition in India; I decided to do engineering and move to the US.

Vijay Ullal · Seabed VC website - About page

Magic happens when talented founders team up with a supportive investor to solve a difficult problem.

Vijay Ullal · Seabed VC website - Homepage

Recent investments

CompanyRoundSizeDate
Rigetti ComputingSeries C2017-11
BounceSeed2020-11-16
PillarSeed2020-07-09
ParetoSeed$5m2022-03-14
CurieSeed
Nextera RoboticsSeed2020-08-25
ViaSeed
Summer RoboticsSeed
NameCoachSeries A2022-11-17
Naked LabsSeries A$14m2018-07-01

Frequent co-investors

VC firmDeals together
Y Combinator3
Engineering Capital2
Storm Ventures2
StartX2
Nexus Venture Partners2
Uncork Capital1

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