7 VC firms investing in real estate & proptech and manufacturing & industrial at the Series B stage.
F4 Fund tracks 7 VC firms that actively invest in real estate & proptech + manufacturing & industrial at the Series B stage, with check sizes ranging from $100K – $500M (median: $5.3M – $5.3M). As of August 2026, and 86% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,580+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ Alpaca VC We invest in technology companies that reshape foundational industries – real estate, commerce, manufacturing, energy, logistics, and agriculture. Founded by entrepreneurs for entrepreneurs, we bring operational guidance, strategic insights from proprietary Field Studies research, and downstream capital access. We believe the startup journey is better together, providing hands-on support to exceptional founders building enduring companies. New York | $500K – $5M | 72 | Both | Active | ~2 wks | Open |
| 2 | ▶ Suffolk Technologies The $12 trillion built environment sector is ripe for digital transformation. Suffolk Technologies deploys capital, resources, and networks to help founders scale technologies in construction, architecture, engineering, real estate, and infrastructure. Uniquely positioned as the venture arm of Suffolk Construction, they provide operational test beds, jobsite access, and deep domain expertise that pure financial investors cannot. Boston | $150K – $10M | 59 | Leads | Active | ~2 mo | Open |
| 3 | ▶ Prelude Ventures Climate is the biggest challenge of our lifetime and the greatest business opportunity of the coming decades. We back visionaries accelerating climate innovation that will reshape our global economy for the betterment of people and planet. The most successful companies are born from a vision for a better future and the ability of that vision to create large, lasting positive impact. We invest in frontier technologies addressing climate across seven sectors: Built Environment, Carbon Management, Compute, Energy, Food & Agriculture, Manufacturing & Industrials, and Mobility. The best ideas come from everywhere—we operate where many venture firms can't or won't. San Francisco | $100K – $5M | 52 | Both | Active | ~2 mo | Open |
| 4 | ▶ 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 |
| 5 | ▶ Trust Ventures Backs founders building generational companies in markets where public policy and regulation, not technology, are the primary barrier to progress -- energy, housing, healthcare, insurance, and advanced manufacturing. Pairs capital with in-house legal and policy strategy to help portfolio companies navigate and reshape regulatory environments. Austin | $250K – $30M | 19 | Follows | Active | N/A | N/A |
| 6 | ▶ Unless Unless catalyzes the New Industrial Revolution by backing visionary companies transforming industrial systems across supply chains, manufacturing, energy, and transportation. The firm uses a perpetual capital structure to support long-duration industrial transformation through equity, debt, and buyouts. Boulder, CO | $5M – $25M | 12 | Both | Active | ~2 mo | Open |
| 7 | ▶ Gigafund Back the world's most ambitious and transformative entrepreneurs capable of building world-defining companies over 20+ years. Invest in founders with independent thought and first-principles vision to solve humanity's biggest problems across all sectors and geographies. Austin | $1M – $500M | 18 | Leads | Active | 3+ mo | Open |
What other stages do these firms also invest in?
Investors on this page also frequently invest in these sectors
What other sectors do these firms also invest in?
F4 Fund tracks 7 VC firms that actively invest in real estate & proptech + manufacturing & industrial at the Series B stage. 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 series b real estate & proptech + manufacturing & industrial investors is $5.3M – $5.3M, with a full range from $100K – $500M. The distribution breaks down as: 2 firms in the $2M-$5M range, 2 firms in the $5M-$10M range, 3 firms in the $10M+ range.
Among the 7 firms tracked, 86% lead or co-lead rounds, and 14% 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 series b real estate & proptech + manufacturing & industrial investors combine domain expertise with an active portfolio in the space. Among these firms, 17% prefer warm introductions, and the average firm has 37 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.