# Capital Factory: portfolio, investments and team

> Capital Factory is a vc firm based in United States. 212 investments on record, 19 in the last 12 months, latest Oct 2026.

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

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

# Capital Factory

Last cheque observed Oct 2026; 212 cheques on record.

Email

Deploying now New fund $2.6M, Oct 2026 VC firm Website unconfirmed

Pre-seed Seed Series A Electric Car Security Smart Manufacturing

Follow Capital Factory and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcapital-factory)

Deploying now

**70%** of best year **19** **cheques in 12 months**, 212 on record

Since the last cheque **17** days **00** hrs **00** min **00** sec

Median round **$6.2M** Cheque size, as they say **$250K – $2.0M** Rounds led **1 of 212** Sole investor **49 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%**

Pitch Capital Factory

## Capital Factory highlights

- 01 19 cheques in the last 12 months
- 02 Mostly Seed and Venture: 70% of its rounds
- 03 Sole investor in 49 rounds, median $750K
- 04 1 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Electric Car Security Smart Manufacturing
- **Based in:** Austin, United States
- **Cold pitches:** Accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=capital-factory).

## The record

Every round we can evidence, newest first **212 appearances**

- **2026** 15 rounds
- **Oct** **[Icon](https://millionrounds.com/company/icon)** Series D · US · AI Insider **$200M** With 9 others
- **Sept** **[Bluecore Energy](https://millionrounds.com/company/bluecore-energy)** Seed · US · Harlem Capital **$50M** With 8 others
- **Sept** **[Senticell](https://millionrounds.com/company/senticell)** Venture · US **Undisclosed** With 2 others
- **Sept** **[Handraise](https://millionrounds.com/company/handraise)** Seed · US **$4.5M** With 4 others
- **Aug** **[DexMat](https://millionrounds.com/company/dexmat)** Venture · US **$1.0M** With 2 others
- **Jun** **[Well Water Finders](https://millionrounds.com/company/well-water-finders)** Grant · US **$10K** Sole investor
- **Jun** **[Artis](https://millionrounds.com/company/artis)** Seed · US **$7.3M** With 1 other
- **May** **[Casimir Inc.](https://millionrounds.com/company/casimir-inc)** Seed · US · Ventureburn **$12M** With 5 others
- **May** **[Darkhive](https://millionrounds.com/company/darkhive)** Series B · US **$30M** With 4 others
- **Apr** **[Coder](https://millionrounds.com/company/coder)** Series C · US **$90M** With 4 others
- **Mar** **[Firehawk Aerospace](https://millionrounds.com/company/firehawk-aerospace)** Venture · US **Undisclosed** With 2 others
- **Mar** **[findhelp](https://millionrounds.com/company/findhelp)** Growth · US **$250M** With 2 others
- **Feb** **[Natilus](https://millionrounds.com/company/natilus)** Series A · US **$28M** With 2 others
- **Jan** **[DexMat](https://millionrounds.com/company/dexmat)** Seed · US **$9.2M** With 4 others
- **Jan** **[Mesodyne](https://millionrounds.com/company/mesodyne)** Venture · US **Undisclosed** With 4 others
- **2025** 25 rounds
- **Dec** **[Nada](https://millionrounds.com/company/nada)** Series A · US · Ventureburn **$10M** With 5 others
- **Dec** **[Outlier](https://millionrounds.com/company/outlier)** Series A · US **$5.7M** With 2 others
- **Nov** **[X-Bow Launch Systems](https://millionrounds.com/company/x-bow-launch-systems)** Debt · US **$6.0M** With 3 others
- **Nov** **[Journey Foods](https://millionrounds.com/company/journey-foods)** Seed · US **$1.0M** With 4 others
- **Oct** **[Glīd](https://millionrounds.com/company/glid)** Seed · US **$2.0M** With 2 others
- **Oct** **[Solideon](https://millionrounds.com/company/solideon)** Venture · US **Undisclosed** With 4 others
- **Oct** **[Civilized AI](https://millionrounds.com/company/civilized-ai)** Seed · US **$2.0M** Sole investor
- **Sept** **[Skyfire](https://millionrounds.com/company/skyfire)** Venture · US · Blitzscaling Ventures **$14M** With 3 others
- **Sept** **[DataJoint](https://millionrounds.com/company/datajoint)** Seed · US **$4.9M** With 2 others
- **Sept** **[AmplifAI](https://millionrounds.com/company/amplifai)** Series B · US **$34M** With 4 others
- **Aug** **[Direct Kinetic Solutions](https://millionrounds.com/company/direct-kinetic-solutions)** Venture · US **Undisclosed** With 3 others
- **Aug** **[Prefix](https://millionrounds.com/company/prefix)** Venture · US **Undisclosed** With 4 others
- **Jul** **[Strongsuit](https://millionrounds.com/company/strongsuit)** Seed · US **$10M** With 2 others
- **Jul** **[b.well Connected Health](https://millionrounds.com/company/b-well-connected-health)** Debt · US **$20M** With 3 others
- **Jul** **[Callidus Legal AI](https://millionrounds.com/company/callidus-legal-ai)** Seed · US **$10M** With 2 others
- **Jun** **[Skyways](https://millionrounds.com/company/skyways)** Debt · US **$5.0M** With 5 others
- **Jun** **[Autonomize AI](https://millionrounds.com/company/autonomize-ai)** Series A · US · Cigna Ventures **$28M** With 5 others
- **May** **[X-Bow Launch Systems](https://millionrounds.com/company/x-bow-launch-systems)** Series B · US **$35M** With 2 others
- **May** **[Elite Sweets](https://millionrounds.com/company/elite-sweets)** Crowdfunding · US **$27K** With 2 others
- **Apr** **[Phantom Neuro](https://millionrounds.com/company/phantom-neuro)** Series A · US **$19M** With 2 others
- **Mar** **[Proteus Space](https://millionrounds.com/company/proteus-space)** Seed · US **$6.1M** With 1 other
- **Feb** **[ICON](https://millionrounds.com/company/icon)** Series C · US · TechCrunch **$56M** With 10 others
- **Feb** **[Apptronik](https://millionrounds.com/company/apptronik)** Series A · US · Crunchbase News **$350M** *Led*
- **Feb** **[Diligent Robotics](https://millionrounds.com/company/diligent-robotics)** Venture · US **$11M** With 4 others
- **Feb** **[Illuma Labs](https://millionrounds.com/company/illuma-labs)** Venture · US **Undisclosed** With 2 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 **7 named**

AB **Andrew Busey** Managing Director i Filing they signed

CG **Clarence Gordon Daugherty** Managing Director i Filing they signed

JS **Jamie Serio** Manager i Filing they signed

JB **Joshua Baer** Manager of the Ultimate General Partner i Filing they signed

LC **Lawton Cummings** Manager of the Ultimate General Partner i Filing they signed

MG **Melinda Gordon Price** Managing Director i Filing they signed

MG **Michael Gordon Trafton** Managing Director i Filing they signed

We also hold **48** 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

**$5.9M** gross assets of its funds Oct 2026

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

- **Legal name:** Capital Factory Ventures Management, LLC
- **SEC number:** CRD 315354

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Keepstream](https://millionrounds.com/company/keepstream)** Bought by Infochimps **Undisclosed** Sept 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$2.6M**

raised in Oct 2026

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 **$6.2M** the round, not its cheque Alone, median **$750K**

Led 1 of 212 rounds **0%**

- **Said size:** $250K – $2.0M
- **Sole investor:** 49 rounds
- **Last cheque:** Oct 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed said *88*
- Venture *38*
- Series A said *33*
- Series B said *12*
- Series C *8*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Silverton Partners](https://millionrounds.com/fund/silverton-partners) 28
- [Techstars](https://millionrounds.com/fund/techstars) 12
- [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) 11
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 9
- [Floodgate](https://millionrounds.com/fund/floodgate) 8
- [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) 8

**Pitching Capital Factory?** 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 Capital Factory. A count of rooms they were both in, not a relationship either has claimed.

[**Silverton Partners** VC firm **28** rounds together](https://millionrounds.com/fund/silverton-partners)[**Techstars** VC firm **12** rounds together](https://millionrounds.com/fund/techstars)[**Next Coast Ventures** VC firm **11** rounds together](https://millionrounds.com/fund/next-coast-ventures)[**National Science Foundation** Government **9** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Floodgate** VC firm **8** rounds together](https://millionrounds.com/fund/floodgate)[**LiveOak Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/liveoak-ventures)[**Alumni Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Draper Associates** VC firm **7** rounds together](https://millionrounds.com/fund/draper-associates)[**Active Capital** VC firm **6** rounds together](https://millionrounds.com/fund/active-capital)[**Gaingels** Private equity **6** rounds together](https://millionrounds.com/fund/gaingels)[**Brett Hurt** Angel **5** rounds together](https://millionrounds.com/fund/brett-hurt)[**Google for Startups** Accelerator **5** rounds together](https://millionrounds.com/fund/google-for-startups)

## Recently backed

The latest companies Capital Factory put money into.

[**Bluecore Energy** $50M · Sept 2026](https://millionrounds.com/company/bluecore-energy)[**Senticell** Sept 2026](https://millionrounds.com/company/senticell)[**Handraise** $4.5M · Sept 2026](https://millionrounds.com/company/handraise)[**DexMat** $1.0M · Aug 2026](https://millionrounds.com/company/dexmat)[**Well Water Finders** $10K · Jun 2026](https://millionrounds.com/company/well-water-finders)[**Artis** $7.3M · Jun 2026](https://millionrounds.com/company/artis)

## On podcasts

1 episode naming Capital Factory in the title, and 3 more that mention it.

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 20 May 2020 · 1h 12m E1063: The Power of Accelerators E5 Joshua Baer, CEO & Founder of Capital Factory shares lessons from investing in 400+ startups, best practices for transitioning accelerators to remote, insights on SXSW cancellation & more Mentions [Capital Factory](https://millionrounds.com/fund/capital-factory)[Joshua Baer](https://millionrounds.com/fund/joshua-baer) Apple PodcastsShow page

### Mentioned in

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 18 Jun 2026 · 1h 41m Why SpaceX Buying Cursor Changes Everything Apple PodcastsShow page
- [VC10X](https://millionrounds.com/podcasts/vc10x) 3 Sept 2022 · 27 min VC10X - All about Techstars Anywhere accelerator w/ Ileana Gonzalez, Venture Associate, Techstars Apple PodcastsShow page
- [The NFX Podcast](https://millionrounds.com/podcasts/nfx) 26 Jan 2021 · 10 min The Founders' List: Ash Maurya on "My Experiments in Lean Pricing" (Pricing Series) Apple PodcastsShow page

## Quick answers about Capital Factory

### What does Capital Factory invest in?

Capital Factory invests most often at Seed and Venture (70% of the rounds on record), in sectors such as Electric Car, Security and Smart Manufacturing.

### How active is Capital Factory?

212 investments on record, 19 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Capital Factory invested in recently?

Its most recent investments on record: Icon (Series D, Oct 2026), Bluecore Energy (Seed, Sept 2026) and Senticell (Venture, Sept 2026).

### How big are Capital Factory's cheques?

The median round it joins is $6.2M. It says it writes cheques of $250K to $2.0M.

### Does Capital Factory lead rounds?

Sometimes: it led 1 of its 212 investments on record (0%).

### Where does Capital Factory invest?

Most of the companies it backs are in the United States (100%).

### Is Capital Factory investing now?

Yes: it is actively investing, with 19 investments in the last 12 months.

### Who does Capital Factory invest alongside?

Most often Silverton Partners (28 rounds together), Techstars (12 rounds together) and Next Coast Ventures (11 rounds together).

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