# Avesta Fund: portfolio, investments and team > Avesta Fund is a vc firm based in United States. 2 investments on record, 1 in the last 12 months, latest Jan 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/avesta-fund (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Avesta Fund Last cheque observed Jan 2026; 2 cheques on record. Email VC firm Deploying now Last fund $17M, Feb 2023 Pre-seed Seed Series A Renewables Circular Economy Cleantech Follow Avesta Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Favesta-fund) Deploying now **50%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **308** days **00** hrs **00** min **00** sec Median round **$4.6M** Cheque size, as they say **$150K – $500K** Rounds led **0 of 2** Pitch Avesta Fund ## Avesta Fund highlights - 01 1 cheques in the last 12 months - 02 Mostly Seed: 100% of its rounds ## What they do > We back early-stage founders with software-first solutions to critical bottlenecks, and connect them with the right investors and customers. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $150K – $500K as they say - **Stages:** Pre-seed Seed Series A - **Sectors:** Renewables Circular Economy Cleantech - **Based in:** Denver, United States - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Jan** **[Lucend](https://millionrounds.com/company/lucend)** Seed · NL · Golden Egg Check **$3.3M** With 6 others - **2025** 1 round - **Sept** **[Parento](https://millionrounds.com/company/parento)** Seed · US · AlleyWatch **$5.9M** With 13 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **5 named** AC **Alan Cole** Director i Filing they signed OB **Owen Bethel** Director i Filing they signed SV **Srikant Vasan** Member i Filing they signed WR **Wendell R. Fowler** Principal of Avesta Capital Partners LLC, the General Partner i Filing they signed WR **William R. Tung** Principal of Avesta Capital Partners LLC, the General Partner i Filing they signed We also hold **9** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **16** of 24 we have independently watched raise [Avatour](https://millionrounds.com/company/avatour)[BattGenie](https://millionrounds.com/company/battgenie)[Bluestudios](https://millionrounds.com/company/blue-studios)[BoxPower](https://millionrounds.com/company/boxpower)[Cambium Carbon](https://millionrounds.com/company/cambium-carbon)[Capezero](https://millionrounds.com/company/capezero)[Chargerhelp](https://millionrounds.com/company/chargerhelp)[Clearcurrent](https://millionrounds.com/company/clear-current)[Concentro](https://millionrounds.com/company/concentro)[Drover](https://millionrounds.com/company/drover)[Ecotonerenewables](https://millionrounds.com/company/ecotone-renewables)[Embue](https://millionrounds.com/company/embue)[Enduring Planet](https://millionrounds.com/company/enduring-planet)[Enurgen](https://millionrounds.com/company/enurgen)[Pitch Us](https://millionrounds.com/company/airtable)[doowii](https://millionrounds.com/company/doowii) Aonics Autonomique Bcorporation Courie Enrollml ICM Trybeem emergingmanager Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. Latest fund on file **$17M** raised in Feb 2023 From its SEC filing. Nothing newer is on file yet. ## The cheque Pre-seed Seed Series A Median round joined **$4.6M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $150K – $500K - **Sole investor:** Never alone - **Last cheque:** Jan 2026 Rounds by stage said on their site - Seed said *2* - Pre-seed said *-* - Series A said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Avesta Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Avesta Fund put money into. [**Lucend** $3.3M · Jan 2026](https://millionrounds.com/company/lucend)[**Parento** $5.9M · Sept 2025](https://millionrounds.com/company/parento) ## Quick answers about Avesta Fund ### What does Avesta Fund invest in? Avesta Fund invests most often at Seed (100% of the rounds on record), in sectors such as Renewables, Circular Economy and Cleantech. ### How active is Avesta Fund? 2 investments on record, 1 of them in the last 12 months. The most recent was in Jan 2026. ### What has Avesta Fund invested in recently? Its most recent investments on record: Lucend (Seed, Jan 2026) and Parento (Seed, Sept 2025). ### How big are Avesta Fund's cheques? The median round it joins is $4.6M. It says it writes cheques of $150K to $500K. ### Is Avesta Fund investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is Avesta Fund? Avesta Fund is a VC firm based in Denver, United States. ### Has Avesta Fund raised a new fund? Its latest fund filing with the SEC was in Feb 2023, reporting $17M raised. ### Does Avesta Fund take cold pitches? Yes: its own website says it reads unsolicited pitches. ## Raising now? 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