39 firms in the directory fund industrials and manufacturing companies at seed. Firms funding companies with a product in market and early revenue, priced on traction rather than multiples.
Where these firms are
California 7
New York 5
United Kingdom 5
Germany 3
Illinois 2
Texas 2
Head office location. Most firms invest well outside it.
Healthcare & Life Sciences · Industrials & Manufacturing · Energy & Utilities · Media & Communications
Aberdeen-based business angel syndicate whose HNW/sophisticated members co-invest in emerging high-growth Scottish companies alongside the Scottish Co-Investment Fund.
Software & Internet · Healthcare & Life Sciences · Industrials & Manufacturing
Regional early-stage venture firm formed by the Cincinnati Chamber, Cincinnati Children's and the University of Cincinnati to fill the high-risk seed capital gap and commercialise regional research;…
Software & Internet · Consumer & Retail · Industrials & Manufacturing · Energy & Utilities · Media & Communications · Real Estate
Invests internationally in technology companies enabling digital transformation of mature industries, pairing capital with market-entry advisory (sister vehicle Cogito Ventures does early stage).
Software & Internet · Healthcare & Life Sciences · Financial Services · Industrials & Manufacturing · Energy & Utilities · Transportation & Logistics · +1 more
Lithuanian state/EU-funded evergreen co-investment fund (100% subsidiary of national development bank ILTE) that invests only alongside at least three accredited business angels or other VCs, using a…
Software & Internet · Healthcare & Life Sciences · Industrials & Manufacturing · Energy & Utilities · Transportation & Logistics
High-conviction pre-seed fund led by two female operator-investors, leading first rounds for 20 to 25 science and engineering founders outside traditional Silicon Valley networks.
Software & Internet · Industrials & Manufacturing · Energy & Utilities
Early-stage 'first check' VC backing AI and deep-tech founders where AI meets workflows, infrastructure and the physical world (robotics, GPU/inference infra, autonomy, defense).
Software & Internet · Healthcare & Life Sciences · Industrials & Manufacturing
Seed-stage venture firm making early, non-consensus bets on technical founders building 'software beyond the screen' and physical-AI/deeptech companies.
Software & Internet · Healthcare & Life Sciences · Consumer & Retail · Industrials & Manufacturing
Deep-tech seed fund that co-creates companies and writes first institutional checks for founders applying hard technologies to industrial, climate, health and AI problems.
Software & Internet · Healthcare & Life Sciences · Industrials & Manufacturing · Energy & Utilities
Venture firm combining engineering and financial-structuring expertise to back seed-through-growth startups in AI, health tech, digital infrastructure and blockchain.
Software & Internet · Industrials & Manufacturing · Energy & Utilities · Transportation & Logistics · Real Estate
Seed investor in the 'Aquarius Economy' (energy abundance, foundational-industry resilience, agent-to-human coordination), investing on day one with hands-on support.
Software & Internet · Healthcare & Life Sciences · Industrials & Manufacturing · Energy & Utilities · Transportation & Logistics
Invests at industry inflection points where technology, regulation or market shifts let software rewire complex asset-heavy and regulated operating models.
Software & Internet · Industrials & Manufacturing · Energy & Utilities · Environmental & Safety
Defense-tech VC backing early-stage dual-use national-security startups, led by former national-security operators who help founders navigate government procurement.
Leads seed rounds for Greek and European founders building technology companies in AI, cybersecurity, developer tools and defense; ranked a top-10 European performer by PitchBook 2025.
US market medians, so you can see where a term sheet sits against the market rather than only against the firm offering it.
Median pre-money valuationNot publishedThe report plots seed on this chart but does not label a value for either year; we do not estimate it.
Median round size$3M · $3.5M in 2025
PitchBook-NVCA Venture Monitor, Q2 2026 (As of June 30, 2026), page 10. Figures are United States medians across all sectors; this report does not break valuations out by sector, so these are not sector-specific.
Twenty of these are worth your time. The rest are not.
A sector list tells you who invests here. It does not tell you which of them writes cheques your size, at your stage, right now. Run the free valuation and we rank this list against your own numbers, then show you how many fit before you pay anything.
A sell-side advisor at FIH.com can talk it through on a success basis, with no retainer.
Counts are as of 2026-09-27; the list above is loaded live, so it can differ if firms have been added or removed since. Sector and stage focus is as stated by the firm. Firms wanting a correction can get in touch.