Promus Ventures

Promus Ventures is a prominent venture capital firm headquartered in Chicago, with a strong focus on early-stage deep-tech companies across both software and hardware domains. The firm primarily targets Seed and Series A rounds, seeking out visionary and tenacious founding teams developing groundbreaking technologies in sectors such as space, artificial intelligence, robotics, quantum computing, advanced materials, and synthetic biology. With a global outlook, Promus Ventures actively invests in promising startups located in both the United States and Europe, aiming to support companies that are poised to redefine their respective industries.

The firm's investment philosophy centers on a long-term commitment to its portfolio companies, often providing not just capital but also strategic guidance and access to their extensive network. They are known for their hands-on approach, working closely with founders to navigate the complexities of scaling deep-tech ventures. Promus Ventures seeks to back companies that are tackling significant challenges with innovative solutions, demonstrating a strong belief in the transformative potential of advanced technological breakthroughs.

Promus Ventures has demonstrated consistent growth in its fund sizes, reflecting its expanding capacity and influence within the deep-tech ecosystem. The firm recently announced the close of its fifth fund, Promus Ventures V, at $200 million in November 2023, bringing their total assets under management (AUM) to over $500 million. This substantial capital base enables them to make initial investments typically ranging from $500,000 to $5 million, with a robust capacity for significant follow-on investments throughout a company's lifecycle. Their strategic capital deployment underscores their commitment to fostering the next generation of deep-tech leaders.