# Blue Bear Capital: portfolio, investments and team

> Blue Bear Capital is a vc firm based in United States. 34 investments on record, 2 in the last 12 months, latest Jul 2026.

Source: https://millionrounds.com/fund/blue-bear-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Blue Bear Capital

Last cheque observed Jul 2026; 34 cheques on record.

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Deploying now New fund $119M, Oct 2023 VC firm

Pre-seed Seed Series A Additive Manufacturing Climate IoT

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Deploying now

**17%** of best year **2** **cheques in 12 months**, 34 on record

Since the last cheque **122** days **00** hrs **00** min **00** sec

Median round **$11M** Cheque size, as they say **$500K – $5.0M** Rounds led **2 of 34** Sole investor **1 rounds** Mostly in **United States, 72%**

Pitch Blue Bear Capital

## Blue Bear Capital highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series A and Venture: 64% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed

## What they do

> Blue Bear is a venture capital and early growth equity firm focused on AI-powered solutions for the world’s energy, infrastructure, and climate challenges. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Additive Manufacturing Climate IoT
- **Based in:** Los Angeles, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **34 appearances**

- **2026** 2 rounds
- **Jul** **[ACCURE Battery Intelligence](https://millionrounds.com/company/accure-battery-intelligence)** Venture · DE **$16M** With 3 others
- **May** **[Lastwall](https://millionrounds.com/company/lastwall)** Series A · US **$16M** With 4 others
- **2025** 8 rounds
- **Oct** **[Energy Robotics](https://millionrounds.com/company/energy-robotics)** Series A · DE · Futury Capital **$14M** *Led*
- **Sept** **[Nuclearn](https://millionrounds.com/company/nuclearn)** Series A · US **$11M** With 1 other
- **Aug** **[Splight](https://millionrounds.com/company/splight)** Seed · US · TechStartups **$12M** *Led*
- **Jul** **[Voyager Portal](https://millionrounds.com/company/voyager-portal)** Venture · US **$1.6M** With 3 others
- **Jun** **[Warp](https://millionrounds.com/company/warp)** Series A · US **$10M** With 4 others
- **Apr** **[Omnidian](https://millionrounds.com/company/omnidian)** Series C · US **$87M** With 3 others
- **Mar** **[Topanga.io](https://millionrounds.com/company/topanga-io)** Series A · US **$8.0M** With 2 others
- **Feb** **[ACCURE Battery Intelligence](https://millionrounds.com/company/accure-battery-intelligence)** Series B · DE **$16M** With 3 others
- **2024** 8 rounds
- **Dec** **[Raptor Maps](https://millionrounds.com/company/raptor-maps)** Series C · US **$35M** With 4 others
- **Nov** **[First Resonance](https://millionrounds.com/company/first-resonance)** Series C · US **$11M** With 3 others
- **Oct** **[Delos Insurance](https://millionrounds.com/company/delos-insurance)** Series A · US **$9.0M** With 2 others
- **Oct** **[Urbint](https://millionrounds.com/company/urbint)** Series C · US **$35M** With 4 others
- **Sept** **[Demex](https://millionrounds.com/company/demex)** Series A · US **$10M** With 3 others
- **Sept** **[Everactive](https://millionrounds.com/company/everactive)** Venture · US **$11M** With 1 other
- **Aug** **[Datch](https://millionrounds.com/company/datch)** Series A · US **$15M** With 6 others
- **Feb** **[Axiom Cloud](https://millionrounds.com/company/axiom-cloud)** Venture · US **$5.0M** With 2 others
- **2023** 7 rounds
- **Nov** **[Pioneer](https://millionrounds.com/company/pioneer)** Seed · US **$2.9M** With 3 others
- **Oct** **[Skoon Energy](https://millionrounds.com/company/skoon-energy)** Series A · NL **$5.3M** With 2 others
- **Aug** **[TruckLabs](https://millionrounds.com/company/trucklabs)** Venture · US **Undisclosed** With 4 others
- **Jul** **[Chargetrip](https://millionrounds.com/company/chargetrip)** Venture · NL **Undisclosed** With 3 others
- **May** **[Copper Labs](https://millionrounds.com/company/copper-labs)** Venture · US **Undisclosed** With 3 others
- **Apr** **[Abatable](https://millionrounds.com/company/abatable)** Series A · GB **$14M** With 3 others
- **Feb** **[ChargerHelp!](https://millionrounds.com/company/chargerhelp)** Series A · US **$18M** With 5 others
- **2022** 4 rounds
- **Nov** **[GoExpedi](https://millionrounds.com/company/goexpedi)** Series D · US **$33M** With 4 others
- **Nov** **[Return Protocol](https://millionrounds.com/company/return-protocol)** Pre-seed · US **$2.5M** With 4 others
- **Jun** **[Transect](https://millionrounds.com/company/transect)** Venture · US **Undisclosed** Sole investor
- **Jun** **[Shoreline](https://millionrounds.com/company/shoreline)** Series A · NO **$7.5M** With 1 other
- **2021** 4 rounds
- **Dec** **[Mira](https://millionrounds.com/company/mira)** Series A · US **$6.0M** With 3 others
- **Oct** **[Pani Energy](https://millionrounds.com/company/pani-energy)** Seed · CA **$6.5M** With 2 others
- **May** **[EnMass Energy](https://millionrounds.com/company/enmass-energy)** Seed **$2.2M** With 1 other
- **Jan** **[Mission Secure](https://millionrounds.com/company/mission-secure)** Series B **$5.6M** With 1 other
- **2020** 1 round
- **Jun** **[Element](https://millionrounds.com/company/element)** Series B · GB **$18M** With 1 other

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 **2 named**

ET **Ernst Theodor Sack** Executive Officer i Filing they signed

VB **Vaughn Blake** Partner i Filing they signed

We also hold **14** 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 the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$313M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** BLUE BEAR Investment Group, LLC
- **SEC number:** CRD 308460

## What they claim to have backed

From their own portfolio page (on their website)

**23** of 34 we have independently watched raise

[Abatable](https://millionrounds.com/company/abatable)[Apolitical](https://millionrounds.com/company/apolitical)[Avalo](https://millionrounds.com/company/avalo)[Axiomcloud](https://millionrounds.com/company/axiom-cloud)[Chargerhelp](https://millionrounds.com/company/chargerhelp)[Chargetrip](https://millionrounds.com/company/chargetrip)[Datch](https://millionrounds.com/company/datch)[Everactive](https://millionrounds.com/company/everactive)[Firstresonance](https://millionrounds.com/company/first-resonance)[Freewiretech](https://millionrounds.com/company/freewire)[Hydrosat](https://millionrounds.com/company/hydrosat)[Lastwall](https://millionrounds.com/company/lastwall)[Mineralsoft](https://millionrounds.com/company/mineralsoft)[Nuclearn](https://millionrounds.com/company/nuclearn)[Ocient](https://millionrounds.com/company/ocient)[Omnidian](https://millionrounds.com/company/omnidian)[Panienergy](https://millionrounds.com/company/pani-energy)[Raptormaps](https://millionrounds.com/company/raptor-maps)[Shoreline](https://millionrounds.com/company/shoreline)[Splight](https://millionrounds.com/company/splight)[Transect](https://millionrounds.com/company/transect)[Urbint](https://millionrounds.com/company/urbint)[Voyagerportal](https://millionrounds.com/company/voyager-portal) Accure Getdelos Investor Portal Korial Kyvore Longview Pioneerclimate Skoon Thedemexgroup Topanga Wearewarp

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.

New fund on file

**$119M**

raised in Oct 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$11M** the round, not its cheque Alone, median **-**

Led 2 of 34 rounds **6%**

- **Said size:** $500K – $5.0M
- **Sole investor:** 1 rounds
- **Last cheque:** Jul 2026

Rounds by stage said on their site

- Series A said *13*
- Venture *8*
- Series C *4*
- Seed said *4*
- Series B said *3*
- Series D *1*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [HSBC](https://millionrounds.com/fund/hsbc) 4
- [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) 3
- [Elemental Impact](https://millionrounds.com/fund/elemental-impact) 3
- [42CAP](https://millionrounds.com/fund/42cap) 2
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 2
- [Capnamic](https://millionrounds.com/fund/capnamic) 2

**Pitching Blue Bear Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Blue Bear Capital. A count of rooms they were both in, not a relationship either has claimed.

[**HSBC** Growth equity **4** rounds together](https://millionrounds.com/fund/hsbc)[**Congruent Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/congruent-ventures)[**Elemental Impact** VC firm **3** rounds together](https://millionrounds.com/fund/elemental-impact)[**42CAP** VC firm **2** rounds together](https://millionrounds.com/fund/42cap)[**Alumni Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Capnamic** VC firm **2** rounds together](https://millionrounds.com/fund/capnamic)[**MaC Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/mac-venture-capital)[**Powerhouse Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/powerhouse-ventures-limited)[**Techstars** VC firm **2** rounds together](https://millionrounds.com/fund/techstars)[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator)

## Recently backed

The latest companies Blue Bear Capital put money into.

[**ACCURE Battery Intelligence** $16M · Jul 2026](https://millionrounds.com/company/accure-battery-intelligence)[**Lastwall** $16M · May 2026](https://millionrounds.com/company/lastwall)[**Energy Robotics** $14M · Oct 2025](https://millionrounds.com/company/energy-robotics)[**Nuclearn** $11M · Sept 2025](https://millionrounds.com/company/nuclearn)[**Splight** $12M · Aug 2025](https://millionrounds.com/company/splight)[**Voyager Portal** $1.6M · Jul 2025](https://millionrounds.com/company/voyager-portal)

## Quick answers about Blue Bear Capital

### What does Blue Bear Capital invest in?

Blue Bear Capital invests most often at Series A and Venture (64% of the rounds on record), in sectors such as Additive Manufacturing, Climate and IoT.

### How active is Blue Bear Capital?

34 investments on record, 2 of them in the last 12 months, and it led 2. The most recent was in Jul 2026.

### What has Blue Bear Capital invested in recently?

Its most recent investments on record: ACCURE Battery Intelligence (Venture, Jul 2026), Lastwall (Series A, May 2026) and Energy Robotics (Series A, Oct 2025).

### How big are Blue Bear Capital's cheques?

The median round it joins is $11M. It says it writes cheques of $500K to $5.0M.

### Does Blue Bear Capital lead rounds?

Sometimes: it led 2 of its 34 investments on record (6%).

### Where does Blue Bear Capital invest?

Most of the companies it backs are in the United States (72%), Germany (9%) and the Netherlands (6%).

### Is Blue Bear Capital investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Blue Bear Capital invest alongside?

Most often HSBC (4 rounds together), Congruent Ventures (3 rounds together) and Elemental Impact (3 rounds together).

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