F4 Champions · Season 1
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F4 Champions · Season 1
You're researching investors. We want to see what you're building.
Join the open accelerator where your standing changes with what you ship. Enrollment closes August 2.
45 VC firms investing in security & cybersecurity and manufacturing & industrial, ranked by portfolio depth and activity.
F4 Fund tracks 45 VC firms that actively invest in security & cybersecurity + manufacturing & industrial, with check sizes ranging from $10K – $100000M (median: $2.5M – $2.5M). As of July 2026, and 93% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,544+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ Chevron Technology Ventures CTV brings external innovation to Chevron and Chevron to external innovation. The fund operates 'inside-out' — starting with internal Chevron technology problems and finding startup solutions — across both oil and gas operations and lower carbon technologies. CTV invests in companies where Chevron can serve as both investor and early customer, de-risking technology through operational trials. Houston | $2M – $20M | 55 | Follows | Active | 3+ mo | Open |
| 2 | ▶ Energize Capital Energize Capital backs asset-light technologies—primarily software and services—that advance the digitization and decarbonization of critical industries including energy, climate, infrastructure, and industrials. They seek solutions enabling the energy transition at scale, from early commercialization through profitable growth. Chicago | $10M – $30M | 37 | Leads | Active | ~2 mo | Open |
| 3 | ▶ Third Prime Third Prime invests in companies rewiring how capital, assets, and operations move through the economy. We focus on three intersecting 'real-economy infrastructure' verticals—fintech, proptech, and crypto/blockchain—backing platforms that enable paradigm shifts in these sectors. We believe technology should serve real economic activity, not replace it. New York | $1M – $5M | 34 | Both | Active | ~2 wks | Req'd |
| 4 | ▶ BMW i Ventures The technologies shaping the future of the automotive ecosystem are increasingly developed by startups, particularly in AI, advanced manufacturing, sustainability, and connected mobility. BMW i Ventures backs founders who see problems clearly, build without constraints, and move fast — and helps them win by connecting them to one of the world's leading automakers as a customer, development partner, and network. Mountain View | $500K – $10M | 67 | Both | Active | N/A | Open |
| 5 | ▶ Maniv Mobility Investing in the decarbonization and digitization of transportation, mobility, and energy — backing founders building across EVs, clean energy, autonomous vehicles, fleet software, vehicle cybersecurity, advanced manufacturing, and mobility marketplaces. Tel Aviv | $1M – $3M | 36 | Leads | Active | N/A | N/A |
| 6 | ▶ Motivate Motivate backs incredible founders with strong domain knowledge tackling real, durable problems in large and growing markets, with Fund III now centered on early-stage fintech defined broadly as exchanges of value, transfer of risk, and allocation of resources across industries. The firm emphasizes AI, new rails, regulatory tailwinds, regulatory infrastructure, financial workflows, proprietary data moats, and network effects. Chicago | $250K – $3M | 50 | Both | Active | ~1 mo | Req'd |
| 7 | ▶ SuperSeed Back technical founders bringing AI to the physical world — manufacturing, logistics, construction, defence, energy, and infrastructure. Bridge the gap between AI pilots and production-deployed systems generating enterprise revenue. London | $250K – $2M | 35 | Leads | Active | ~1 mo | Open |
| 8 | ▶ True Ventures We invest in brilliant people who bring ideas that matter to life. We focus on AI-native founders building companies with strong founder-product fit, aligned on mission and meaning, seeking creative freedom and psychological safety. Great companies are built by diverse teams supported and empowered to be maximally creative. Palo Alto | $500K – $3M | 47 | Leads | Active | ~1 wk | Req'd |
| 9 | ▶ Lockheed Martin Ventures Invest in companies developing disruptive technologies in core defense business areas to build a pipeline that strengthens the defense industrial base. Over 60 portfolio companies have become Lockheed Martin suppliers, receiving $750M+ in contracts. Bethesda, MD | $500K – $5M | 32 | Both | Active | 3+ mo | Req'd |
| 10 | ▶ Glasswing Ventures Early-stage founders using AI and frontier technology to reinvent enterprise and security markets. We seek technical founders who deeply understand their problem domain, have operating experience at scale, and are committed to responsible AI development. We provide not just capital but hands-on operational support through our Building Partners model. Boston | $250K – $15M | 41 | Leads | Active | ~2 wks | Open |
| 11 | ▶ Ravelin Investing in founders building critical software that addresses the decay of Western infrastructure, institutions, and industrial base. Ravelin backs software-defined transformation of aerospace, defense, manufacturing, energy, and industrial sectors. San Francisco | $100K – $500K | 18 | Follows | Active | ~2 wks | Open |
| 12 | ▶ XYZ Venture Capital Great companies aren't born, they're made. XYZ invests in early-stage founders with exceptional execution capability, deep domain expertise, or lived experience insights. They specialize in helping founders navigate the earliest stages by providing capital plus strategic operational support. San Francisco | $10K – $5M | 34 | Leads | Active | ~2 wks | Req'd |
| 13 | ▶ Myriad Venture Partners Back exceptional founders building transformational B2B companies in AI, enterprise software, cybersecurity, and clean technology. The Myriad Model combines capital with a curated ecosystem of 30+ Fortune 500 executives who accelerate commercial traction through introductions, POCs, and commercial contracts. Boston | $250K – $3M | 23 | Leads | Active | N/A | N/A |
| 14 | ▶ Mercury Fund Mercury backs disruptive AI and Blockchain-enabled startups outside Silicon Valley, with a focus on capital-efficient founders in the Central US reimagining core industries including fintech, enterprise software, healthcare, energy, manufacturing, and logistics through their five investment themes: Work, Build, Journeys, Data, and Power. Houston | $100K – $5M | 51 | Leads | Active | ~2 mo | Open |
| 15 | ▶ Ventech Ventech backs founders who reimagine society with global technology visions — particularly AI-native vertical applications, industrial software, digital health, cybersecurity, and sovereignty plays across Europe. With 26 years of European VC experience, they are long-term conviction partners from Seed to exit, offering board-level support and international network access. Paris | $500K – $5M | 51 | Leads | Active | ~1 mo | Open |
| 16 | ▶ Quest Venture Partners We invest in early-stage companies with great ideas and exceptional people behind them. The best teams have passion, perseverance, and proven execution capability. We look for genuine market problems, cost-effective solutions, clear paths to monetization, and teams that will execute relentlessly. Menlo Park | $100K – $1.5M | 22 | Both | Active | ~1 mo | Req'd |
| 17 | ▶ Susa Ventures Partner with spiky founders building category-defining companies using novel technological approaches. Focus on AI-driven innovation across alternative architectures, custom software, research assistants, TechBio, infrastructure, and enterprise applications. Provide capital, operational support, strategic guidance, and network access for founders with unique insights and deep technical expertise. San Francisco | $500K – $5M | 40 | Leads | Active | ~2 wks | Open |
| 18 | ▶ Argon Ventures Argon leads or co-leads pre-seed rounds in Intelligent Industry Solutions: vertical software platforms that combine industry insight with deep tech, machine learning, and data to improve productivity, efficiency, and enterprise value. Greater Boston, MA | $250K – $500K | 37 | Leads | Active | ~1 wk | Open |
| 19 | ▶ NVIDIA Expand the AI ecosystem by backing technology visionaries solving complex problems to reshape our world. Focus on game changers and market makers in AI, robotics, biotech, autonomous vehicles, and applied AI. Leverage NVIDIA's unique position as GPU infrastructure leader to identify and support companies that will drive adoption of NVIDIA technology. | $20M – $100000M | 37 | Both | Active | ~2 wks | Open |
| 20 | ▶ Angular Ventures Backs inception-stage technical founders across Europe and Israel building solutions for hard markets including AI infrastructure, space/aerospace, advanced manufacturing, energy, biology, and other deep-tech verticals. London | $500K – $5M | 46 | Leads | Active | ~2 wks | Open |
| 21 | ▶ Pax Ventures Pax Technica: The next era of American global leadership will emerge from physical-world technological superiority — reinventing defense, energy, manufacturing, aerospace, and critical infrastructure. Backs mission-driven founders tackling the hardest industrial-scale problems. Menlo Park | $1M – $4M | 18 | Leads | Active | ~2 wks | Open |
| 22 | ▶ Alt Ventures New Zealand tech startups and creative companies have exceptional potential. We provide early-stage capital and operational support through our network of industry advisors to help exceptional founders achieve breakthrough results. | $250K – $1.5M | 30 | Leads | Active | N/A | N/A |
| 23 | ▶ High-Tech Gründerfonds HTGF backs ambitious tech founders at pre-seed and seed stage to build international market leaders. As Europe's most active early-stage investor and a public-private multi-stage platform, it invests across Industrial/Climate/Deep Tech, Life Sciences/Chemistry, and Digital Tech with a mandatory German nexus. HTGF combines capital, deep technical expertise, and a vast network spanning German industry, science institutions, and the European VC ecosystem. The fund also supports companies through growth rounds via its Opportunity Fund (up to 30M EUR per company). Bonn, Germany | $880K – $33M | 30 | Leads | Active | ~2 mo | Open |
| 24 | ▶ Nexus Venture Partners We partner with extraordinary entrepreneurs building product-first companies that redefine their categories. In the US, we focus on transformative AI and enterprise software. In India, we back digital-native businesses solving local market problems at scale. Menlo Park | $100K – $10M | 30 | Leads | Active | ~1 mo | Req'd |
| 25 | ▶ Foundry Group We invest in startups and venture funds, creating a symbiotic network that propels innovation. Our approach is characterized by long-term thinking and a 'give first' philosophy. Boulder, Colorado | $500K – $10M | 26 | Leads | Active | ~1 mo | Req'd |
| 26 | ▶ Outsiders Fund Technological innovation is unevenly distributed. The hottest, most visible sectors attract talent and capital, while overlooked industries hide massive value creation opportunities. We back unconventional founders disrupting unglamorous, technology-inefficient, long-standing industries. New York | $500K – $8M | 35 | Both | Active | ~2 wks | Open |
| 27 | ▶ Battery Ventures Battery Ventures operates as a stage-agnostic firm backing technology-driven category leaders across all growth stages from seed to buyout. The firm believes the best tech investments span the entire founder journey, and they practice collaborative, research-focused investing with embedded operational support through their Portfolio Services platform. They seek technical founders with deep domain expertise and experienced operators building in four core sectors: Application Software, Infrastructure Software, Consumer, and Industrial Tech + Life Science Tools. Boston | $1M – $500M | 23 | Both | Active | ~2 wks | Open |
| 28 | ▶ Conversion Capital Backs founders building software that replaces legacy workflows in financial services, infrastructure, logistics, healthcare, and other operationally complex markets. The firm consistently favors products with strong automation, data, and integration moats. New York | $250K – $3M | 17 | Leads | Active | ~2 wks | Req'd |
| 29 | ▶ Panache Ventures Exceptional companies are built by founders with deep conviction, strong technical foundations, and the courage to tackle meaningful problems. Panache backs visionary founders from day one, providing capital alongside hands-on operational support and nationwide founder networks. Montreal | $500K – $3M | 17 | Leads | Active | ~2 wks | Open |
| 30 | ▶ ff Venture Capital ffVC invests in driven problem-solvers building high-potential companies in emerging industries: AI, Manufacturing, Energy, Robotics, and Security. We provide capital alongside deep operational expertise, board participation, and access to a 35,000+ founder and investor ecosystem. We bet on founders with industry expertise, clear paths to $100M+ revenue, and defensible competitive advantages. New York | $300K – $700K | 22 | Leads | Active | ~2 mo | Req'd |
| 31 | ▶ Decisive Point Amplify founder impact through capital paired with deep expertise in government market access, federal R&D funding capture, and government contracting strategy. Focus on dual-use technologies addressing national security, defense, energy, and infrastructure challenges. Beacon, NY | $500K – $10M | 21 | Leads | Active | ~2 mo | Req'd |
| 32 | ▶ Syndicate One Belgium-first network-driven VC backing the most ambitious Belgian-founded tech startups at Pre-Seed and Seed. Pools capital, expertise, and network from 120+ founders, operators, and investors to help early-stage Belgian companies scale globally. Brussels, Belgium | $250K – $1.5M | 25 | Leads | Active | ~1 mo | Open |
| 33 | ▶ Bitspiration The only early-stage deep tech VC in CEE focusing on resilient technologies. We invest in founders building breakthrough technologies with proprietary IP in deep tech, MedTech, cleantech, autonomous vehicles/robotics, industrial, and resilient-tech. Technology must be genuinely unique and address real problems. Kraków, Poland | $50K – $1M | 10 | Both | Active | N/A | N/A |
| 34 | ▶ Fika Ventures Investing in subject matter experts shaping the future of their industries. We lead with our values and build trust through action. We believe the best founders have deep industry expertise and need tireless operational support, not just capital. We partner with founders for the long term, staying engaged 24/7. Los Angeles | $1M – $5M | 27 | Leads | Active | ~1 wk | Open |
| 35 | ▶ Commonweal Ventures Entrepreneurs who work constructively with government to harness its unique strengths—scale, credibility, regulatory power, data, and funding—enjoy asymmetric advantages. 24% of venture-backed unicorns used government support. We partner with founders to unlock government as a growth lever. New York | $500K – $2M | 26 | Both | Active | ~1 mo | Req'd |
| 36 | ▶ LDV Capital A majority of the data our brains analyze is visual. Therefore, the majority of the data AI will analyze will also be visual, spanning the light and electromagnetic spectrums across all sectors. We thrive on collaborating with deep technical teams who leverage computer vision, machine learning and artificial intelligence to analyze visual data. New York | $500K – $1.5M | 28 | Leads | Active | ~2 wks | Req'd |
| 37 | ▶ Revaia Revaia champions sustainable leaders in technology and innovation, partnering with mission-driven, growth-stage founders who bridge private growth financing through to public markets, with sustainability and governance built into the business rather than bolted on. Paris | $10M – $35M | 15 | Leads | Active | N/A | Req'd |
| 38 | ▶ CDP Venture Capital CDP Venture Capital is a national venture platform that combines direct investing, fund-of-funds activity, accelerators, and technology transfer to strengthen Italy's innovation economy in strategic sectors. Rome | $250K – $10M | 14 | Both | Active | N/A | N/A |
| 39 | ▶ Main Sequence Main Sequence backs deep tech founders solving humanity-scale problems, especially companies connected to publicly funded research and spinouts that can turn breakthrough science into global businesses. Eveleigh, NSW, Australia | $250K – $500K | 14 | Leads | Active | ~1 mo | N/A |
| 40 | ▶ Space.VC Exceptional entrepreneurs building critical national security, space, and industrial infrastructure at day zero deserve capital and strategic support from founders who've scaled before. We provide capital, industry network introductions, capital connections to Series A leads, and ecosystem access. Austin | $100K – $1M | 10 | Leads | Active | ~1 wk | Req'd |
| 41 | ▶ Deep33 Backs frontier deep tech companies solving physical infrastructure bottlenecks of the AI supercycle, especially compute, energy, quantum, AI infrastructure, robotics, and autonomous manufacturing across the U.S.-Israel corridor. New York | $5M – $15M | 9 | Both | Active | ~1 mo | Open |
| 42 | ▶ Strider Capital The next generation of transformative technologies will emerge from entrepreneurs building solutions for national defense, security, and critical infrastructure protection. We invest at the intersection of technology and geopolitical imperatives. Washington | $250K – $2M | 1 | Leads | Active | 3+ mo | Req'd |
| 43 | ▶ Levante Capital Invest in the most promising Southern European (primarily Italian) deep-technology companies across Advanced Manufacturing, Life Science, and Energy & Environment, and actively support their expansion into Asian markets (China, South Korea, Japan, South-East Asia). The fund uses a proprietary evaluation framework and a 'pull model' — companies must demonstrate genuine Asian market interest before investment. Milan, Italy | $500K – $3M | 8 | N/A | Active | ~2 mo | Open |
| 44 | ▶ Praetura Ventures Praetura backs ambitious northern founders building software, health, life sciences, fintech, cybersecurity, robotics, and other high-growth businesses where operator support and regional conviction matter. The firm positions itself as a more-than-money investor and emphasizes practical support from experienced operators, not just capital. Manchester, United Kingdom | $200K – $8M | 16 | Both | Active | N/A | Open |
| 45 | ▶ TheoryForge Operator-led fund investing in ambitious founders building transformative AI applications. We partner with technical founders who understand AI/ML deeply and are solving real customer problems with capital efficiency. Great product is always the best marketing. | $200K – $500K | 38 | Both | Active | ~2 wks | Req'd |
Investors on this page also frequently invest in these sectors
What other stages do these firms also invest in?
What other sectors do these firms also invest in?
Firms that frequently co-invest with investors on this page
F4 Fund tracks 45 VC firms that actively invest in security & cybersecurity + manufacturing & industrial. These firms are ranked using a composite score that weighs data completeness (30%), portfolio depth (30%), investment recency (25%), and stage alignment (15%).
Based on F4's analysis, the median check size for security & cybersecurity + manufacturing & industrial investors is $2.5M – $2.5M, with a full range from $10K – $100000M. The distribution breaks down as: 4 firms in the <$500K range, 6 firms in the $500K-$1M range, 10 firms in the $1M-$2M range, 12 firms in the $2M-$5M range, 6 firms in the $5M-$10M range, 7 firms in the $10M+ range.
Among the 45 firms tracked, 93% lead or co-lead rounds, and 4% typically follow. Founders seeking a lead investor should filter for firms marked "Leads" or "Both" in the rankings table above. Lead investors typically set deal terms and anchor the round.
The best security & cybersecurity + manufacturing & industrial investors combine domain expertise with an active portfolio in the space. Among these firms, 44% prefer warm introductions, and the average firm has 29 portfolio companies. Look for firms whose check size matches your raise, whose stage preference aligns with yours, and who have a track record of supporting companies in your sector through multiple growth phases.
Firm profiles are continuously updated through F4's research pipeline, which combines LLM-powered web research, portfolio analysis, and transcript extraction. The ranking data refreshes every 12 hours. Editorial analysis is reviewed weekly. Individual firm profiles are re-researched on a 30-day cycle or when new information surfaces.