
Blackhorn Ventures
Description
Blackhorn Ventures is a Denver, Colorado-based early-stage venture capital firm dedicated to investing in companies that leverage cutting-edge engineering to enhance resource productivity. The firm's core thesis revolves around supporting founders who are building solutions for critical global challenges across sectors such as energy, transportation, manufacturing, the built environment, and food and water systems. They seek out deep technology and industrial technology startups that are poised to drive significant efficiencies and sustainability improvements.
TheThe firm typically invests at the Seed and Series A stages, providing capital and strategic support to help nascent companies scale their innovative technologies. Blackhorn Ventures closed its first fund at $27 million, followed by a $40 million second fund, and most recently a $50 million third fund, demonstrating a consistent growth in capital deployment capacity. This progression allows them to support a growing portfolio of companies that are developing solutions for a more resource-efficient future.
Blackhorn Ventures distinguishes itself through its focus on complex engineering problems and its commitment to long-term value creation in the industrial and deep tech space. They partner with entrepreneurs who possess strong technical expertise and a clear vision for transforming traditional industries. Their investment approach is hands-on, aiming to provide more than just capital, but also strategic guidance and access to their network within the industrial and technology ecosystems.
Investor Profile
Blackhorn Ventures has backed more than 85 startups, with 2 new investments in the last 12 months alone. The firm has led 31 rounds, about 36% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
- Typical check size: $750K – $2.5M.
Stage Focus
- Seed (38%)
- Series A (29%)
- Series B (12%)
- Convertible Note (11%)
- Pre Seed (5%)
- Series Unknown (4%)
- Debt Financing (1%)
- Series C (1%)
Country Focus
- United States (82%)
- Canada (7%)
- United Kingdom (7%)
- Germany (2%)
- Australia (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Saas
- Construction
- Information Technology
- Enterprise Software
- Machine Learning
- Robotics
- Insurtech
- Energy
Frequently Asked Questions
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