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Blue Bear Capital

North America, California, United States, Los Angeles

Description

Blue Bear Capital is a specialized venture capital firm based in Los Angeles, California, dedicated to investing in companies that leverage artificial intelligence and data-driven technologies to transform global energy infrastructure. The firm focuses on the energy transition, seeking out innovative solutions that enhance efficiency, optimize operations, and drive sustainability across various segments of the energy value chain, from renewable energy generation and grid management to industrial decarbonization and digital oilfield applications. Their strategic approach positions them at the forefront of modernizing a critical global sector.

The firm typically invests in Seed to Series B stage companies, providing not only capital but also strategic guidance and access to a deep network within the energy industry. Blue Bear Capital's investment thesis centers on identifying strong management teams with disruptive technologies that can achieve significant market penetration and create lasting impact. For instance, their Blue Bear Capital Fund II successfully closed at $150 million, demonstrating their capacity to deploy substantial capital into promising ventures within their niche.

Blue Bear Capital's portfolio reflects its focused investment strategy, comprising over 30 companies that are actively reshaping the energy landscape. Beyond financial investment, the firm prides itself on being an active partner, offering operational expertise and facilitating strategic partnerships to accelerate the growth of its portfolio companies. This hands-on approach aims to de-risk early-stage ventures and maximize their potential for success in a complex and capital-intensive industry.

In essence, Blue Bear Capital acts as a crucial catalyst for innovation in the energy sector, bridging the gap between cutting-edge technology and the established energy industry. Their commitment to fostering data-driven solutions underscores their vision for a more efficient, resilient, and sustainable energy future, making them a significant player for founders developing next-generation energy technologies.

Investor Profile

Blue Bear Capital has backed more than 62 startups, with 10 new investments in the last 12 months alone. The firm has led 24 rounds, about 39% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands, Germany.
  • Strong thematic focus on Software, Energy, Analytics.
  • Led 2 rounds in the past year.
  • Typical check size: $4M – $12M.

Stage Focus

  • Series A (40%)
  • Seed (26%)
  • Series B (16%)
  • Series Unknown (6%)
  • Series C (6%)
  • Series D (3%)
  • Pre Seed (2%)

Country Focus

  • United States (82%)
  • The Netherlands (5%)
  • Germany (5%)
  • Norway (5%)
  • United Kingdom (2%)
  • Canada (2%)

Industry Focus

  • Software
  • Energy
  • Analytics
  • Predictive Analytics
  • Saas
  • Renewable Energy
  • Artificial Intelligence (Ai)
  • Internet Of Things
  • Solar
  • Construction
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Blue Bear Capital frequently co-invest with?

National Grid Partners (NGP)
North America, California, United States, Los Gatos
Co-Investments: 8
Congruent Ventures
North America, California, United States, San Francisco
Co-Investments: 9
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Riverstone Holdings
North America, New York, United States, New York
Co-Investments: 5
IA Capital Group
North America, New York, United States, New York
Co-Investments: 5
Avista
North America, Washington, United States, Spokane
Co-Investments: 4
Energy Impact Partners
North America, New York, United States, New York
Co-Investments: 3
Bowery Capital
North America, New York, United States, New York
Co-Investments: 4
HSBC Asset Management
Asia, Maharashtra, India, Mumbai
Co-Investments: 5
Activate Capital Partners
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Blue Bear Capital often collaborate with?

MG
Europe, Grad Sofiya, Bulgaria, German
Shared Deals: 1
RG
North America, Connecticut, United States, Greenwich
Shared Deals: 1
JC
North America, New York, United States, New York
Shared Deals: 1
KK
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
GH
North America, Texas, United States, Houston
Shared Deals: 1

What are some of recent deals done by Blue Bear Capital?

Warp

Los Angeles, California, United States

Consolidate and optimize shipments bound for stores, FCs, DCs, and last-mile sort centers.

Freight ServiceLogisticsSupply Chain ManagementTransportation
Series AJun 12, 2025
Amount Raised: $10,000,000
Ocient

Chicago, Illinois, United States

Ocient is a hyper-scale data analytics company that allows organizations to unlock value by analyzing petabyte to exabyte scale data sets.

AnalyticsBig DataComputerDatabase
Series BApr 22, 2025
Amount Raised: $42,100,000
Topanga.io

Los Angeles, California, United States

Topanga.io develops a reuse platform for sustainably-minded brands, restaurants, and consumers.

Green Consumer GoodsGreenTechPackaging ServicesRecyclingSustainability
Series AMar 25, 2025
Amount Raised: $8,000,000
ACCURE Battery Intelligence

Aachen, Nordrhein-Westfalen, Germany

ACCURE is an AI-powered battery analytics company.

AnalyticsArtificial Intelligence (AI)BatteryEnergyEnergy StorageMachine LearningPredictive AnalyticsRenewable EnergySoftware
Series BFeb 12, 2025
Amount Raised: $16,000,000
First Resonance

Los Angeles, California, United States

First Resonance develops ION Factory OS, a robust manufacturing production software that provides data insights and improves scalability.

Industrial AutomationManufacturingOperating SystemsSoftware
Series ADec 23, 2024
Amount Raised: $32,000,000
Raptor Maps

Somerville, Massachusetts, United States

Raptor Maps provides performance intelligence solutions for solar asset management.

Asset ManagementData VisualizationDronesEnergySolar
Series CDec 10, 2024
Amount Raised: $35,000,000
Delos Insurance

San Francisco, California, United States

Delos is a digital property insurance provider for customers in high catastrophe risk regions.

Computer VisionFinancial ServicesInsuranceInsurTechPredictive AnalyticsProperty Insurance
Series AOct 31, 2024
Amount Raised: $9,000,000
Urbint

Miami Beach, Florida, United States

Urbint is an AI platform for identifying and mitigating threats to workers, critical infrastructure, and communities.

Artificial Intelligence (AI)ConstructionPredictive AnalyticsPublic SafetyRisk Management
Series COct 24, 2024
Amount Raised: $35,000,000
Demex

New York, New York, United States

Demex is a modeling & calculation agent that enables SCS reinsurance for insurance companies.

InsuranceInsurTechRisk Management
Series ASep 5, 2024
Amount Raised: $10,250,000
Datch

San Francisco, California, United States

Datch provides AI-powered mobile solutions for frontline asset management.

Asset ManagementB2BEnterprise Resource Planning (ERP)Enterprise SoftwareSoftware
Series AAug 7, 2024
Amount Raised: $15,000,000