Hong Kong SAR China · Investor

Elevate Ventures

Last cheque observed Sep 2026; 122 cheques on record.

Deploying nowNew fund $50K, Jan 2021VC firmWebsite unconfirmed

SeedSeries AAIRoboticsIoT

Deploying now
29%of best year8cheques in 12 months, 122 on record
Since the last cheque55days00hrs00min00sec
Median round$1.5MRounds led1 of 122Sole investor37 roundsMostly inUnited States, 100%
Pitch Elevate Ventures

Elevate Ventures highlights

  1. 01

    8 cheques in the last 12 months

  2. 02

    Mostly Seed and Venture: 74% of its rounds

  3. 03

    Sole investor in 37 rounds, median $1.1M

What they do

Type
VC firm
Cheque size
Not stated
Stages
SeedSeries A
Sectors
AIRoboticsIoT
Based in
Hong Kong SAR China
Cold pitches
Not stated

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.

The record

Every round we can evidence, newest first122 appearances

  1. 2026

    6 rounds

  2. Sept
    OverfuelVenture · US$6.0MWith 1 other
  3. Apr
    Wave TherapeuticsVenture · US$293KWith 1 other
  4. Apr
    NeuravaGrant · US$4.0MWith 2 others
  5. Mar
    YourcoSeries A · US$6.0MWith 2 others
  6. Feb
    TractionVenture · US$2.0MWith 1 other
  7. Feb
    ZeroCarb LYFESeed · US$213KSole investor
  8. 2025

    19 rounds

  9. Dec
    BiometrySeed · US$2.2MWith 2 others
  10. Dec
    NovilyticVenture · US$531KSole investor
  11. Oct
    OverfuelVenture · USUndisclosedWith 1 other
  12. Oct
    NeuravaVenture · US$1.6MWith 2 others
  13. Sept
    Insignum AgTechSeed · US$2.4MWith 2 others
  14. Jul
    ContangoSeed · US$1.3MSole investor
  15. Jul
    FloVision SolutionsSeries A · US$8.7MWith 5 others
  16. Jul
    BiomEditSeries B · US$18MWith 1 other
  17. Jun
    Amplified SciencesVenture · USUndisclosedWith 2 others
  18. May
    Stamus NetworksVenture · US$530KSole investor
  19. May
    EatHereAEPre-seed · US$25KSole investor
  20. May
    Stamus NetworksVenture · US$2.9MSole investor
  21. Apr
    Quarion TechnologySeed · US$923KSole investor
  22. Apr
    VsimpleSeries A · US$7.0MWith 2 others
  23. Apr
    GRAIN EcosystemSeed · US$880KWith 1 other
  24. Feb
    EkkobarSeed · US$50KSole investor
  25. Jan
    ToolseyPre-seed · US$150KSole investor
  26. Jan
    StellarSeed · US$2.7MSole investor
  27. Jan
    Plan ForwardSeed · US$864KWith 1 other
  28. 2024

    23 rounds

  29. Dec
    Adipo TherapeuticsVenture · US$4.7MSole investor
  30. Nov
    HeliponixGrant · US$175KWith 2 others
  31. Nov
    Amplified SciencesSeed · US$2.6MWith 2 others
  32. Nov
    Wave TherapeuticsVenture · USUndisclosedWith 1 other
  33. Nov
    BiometrySeed · US$5.0MWith 2 others
  34. Oct
    AfterSchool HQVenture · US$1.1MWith 1 other
  35. Oct
    TitleWiseSeed · US$250KWith 2 others
  36. Oct
    CastedVenture · US$1.0MWith 2 others
  37. Oct
    RootNoteVenture · USUndisclosedWith 3 others
  38. Oct
    Flamel AIVenture · USUndisclosedWith 1 other
  39. Sept
    Radius, formerly Pay4Me AppPre-seed · US$100KWith 2 others
  40. Sept
    hc1Venture · US$6.5MSole investor
  41. Aug
    TradualityDebt · US$100KWith 3 others
  42. Aug
    Your Money LineSeries A · US$4.5MWith 1 other
  43. Jul
    Upper HandVenture · US$560KSole investor

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 registration2 named

DBDmitry BalyasnyManaging Member of the General PartneriFiling they signed
KAKenneth A ArmstrongExecutive OfficeriFiling they signed

What they claim to have backed

From their own portfolio page (on their website)

9 of 15 we have independently watched raise

BlockpassClearpoolDexalotGaiminNumbersprotocolQorpoShrapnelSoarroboticsZignalyBackstageChirptokenOrangevisionOrderlyPiggycellXylabs

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.

Who they invest alongside

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

Recently backed

The latest companies Elevate Ventures put money into.

Quick answers about Elevate Ventures

What does Elevate Ventures invest in?

Elevate Ventures invests most often at Seed and Venture (74% of the rounds on record), in sectors such as AI, Robotics and IoT.

How active is Elevate Ventures?

122 investments on record, 8 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

What has Elevate Ventures invested in recently?

Its most recent investments on record: Overfuel (Venture, Sept 2026), Wave Therapeutics (Venture, Apr 2026) and Neurava (Grant, Apr 2026).

How big are Elevate Ventures's cheques?

The median round it joins is $1.5M.

Does Elevate Ventures lead rounds?

Sometimes: it led 1 of its 122 investments on record (1%).

Where does Elevate Ventures invest?

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

Is Elevate Ventures investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

Who does Elevate Ventures invest alongside?

Most often Allos Ventures (13 rounds together), Techstars (13 rounds together) and National Science Foundation (10 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it