# Engine Ventures: portfolio, investments and team

> Engine Ventures is a vc firm based in United States. 37 investments on record, 16 in the last 12 months, latest Oct 2026.

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

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

# Engine Ventures

Last cheque observed Oct 2026; 37 cheques on record.

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Deploying now New fund, May 2026 VC firm

Seed Series A Series B Tough Tech Energy Climate

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

Deploying now

**94%** of best year **16** **cheques in 12 months**, 37 on record

Since the last cheque **22** days **00** hrs **00** min **00** sec

Median round **$21M** Rounds led **3 of 37** Sole investor **4 rounds** Mostly in **United States, 89%**

Pitch Engine Ventures

## Engine Ventures highlights

- 01 16 cheques in the last 12 months
- 02 Mostly Venture and Seed: 57% of its rounds
- 03 Sole investor in 4 rounds, median $18M

## What they do

> We invest in founders solving the world’s toughest challenges with breakthrough technology. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Tough Tech Energy Climate
- **Based in:** Cambridge, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **37 appearances**

- **2026** 13 rounds
- **Oct** **[VEIR](https://millionrounds.com/company/veir)** Series C · US · Baruch Future Ventures **$110M** With 10 others
- **Sept** **[CorePower Magnetics](https://millionrounds.com/company/corepower-magnetics)** Seed · US **$11M** With 2 others
- **Aug** **[Form Energy](https://millionrounds.com/company/form-energy)** Series G · US · TechCrunch **$750M** With 19 others
- **Jul** **[Blue Energy](https://millionrounds.com/company/blue-energy)** Venture · DK **$380M** With 1 other
- **Jun** **[Superlight](https://millionrounds.com/company/superlight)** Series A · GB **$21M** Sole investor
- **Apr** **[Blue Energy](https://millionrounds.com/company/blue-energy)** Growth · US · TechCrunch **$380M** With 3 others
- **Apr** **[Sora Fuel](https://millionrounds.com/company/sora-fuel)** Venture · US **$15M** Sole investor
- **Apr** **[Foundation Alloy](https://millionrounds.com/company/foundation-alloy)** Venture · US **$22M** With 2 others
- **Mar** **[Axiomatic AI](https://millionrounds.com/company/axiomatic-ai)** Seed · US · Ventureburn **$18M** *Led*
- **Mar** **[Terrestrial Bio](https://millionrounds.com/company/terrestrial-bio)** Series C · US · Firms' own news pages **$50M** With 4 others
- **Feb** **[DG Matrix](https://millionrounds.com/company/dg-matrix)** Series A · US · TechCrunch **$60M** *Led*
- **Feb** **[Trener Robotics](https://millionrounds.com/company/trener-robotics)** Series A · US **$32M** With 2 others
- **Jan** **[Bexorg](https://millionrounds.com/company/bexorg)** Venture · US **Undisclosed** With 2 others
- **2025** 12 rounds
- **Dec** **[Addis Energy](https://millionrounds.com/company/addis-energy)** Seed · US **$8.3M** With 3 others
- **Nov** **[Teradar](https://millionrounds.com/company/teradar)** Series B · US · TechCrunch **$150M** With 5 others
- **Nov** **[Kano Therapeutics](https://millionrounds.com/company/kano-therapeutics)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Predicta Biosciences](https://millionrounds.com/company/predicta-biosciences)** Series A · US **$23M** With 1 other
- **Sept** **[Genomines](https://millionrounds.com/company/genomines)** Series A · FR · DTCF DeepTech & Climate Fonds **$45M** *Led*
- **Sept** **[FORAY bioscience](https://millionrounds.com/company/foray-bioscience)** Venture · US **Undisclosed** With 2 others
- **Aug** **[Sora Fuel](https://millionrounds.com/company/sora-fuel)** Venture · US **Undisclosed** Sole investor
- **May** **[Finwave Semiconductor](https://millionrounds.com/company/finwave-semiconductor)** Series B · US **$8.2M** With 3 others
- **Apr** **[Vaxess Technologies](https://millionrounds.com/company/vaxess-technologies)** Venture · US **$9.0M** With 3 others
- **Mar** **[Celestial AI](https://millionrounds.com/company/celestial-ai)** Series C · US · Crunchbase News **$250M** With 11 others
- **Mar** **[T-robotics](https://millionrounds.com/company/t-robotics)** Seed · US **$575K** With 3 others
- **Feb** **[Oso Semiconductor](https://millionrounds.com/company/oso-semiconductor)** Seed · US **$5.2M** With 3 others
- **2024** 11 rounds
- **Nov** **[Copernic Catalysts](https://millionrounds.com/company/copernic-catalysts)** Seed · US **$8.0M** With 1 other
- **Oct** **[Blue Energy](https://millionrounds.com/company/blue-energy)** Series A · DK **$45M** With 1 other
- **Sept** **[Mantel](https://millionrounds.com/company/mantel)** Series A · US **$30M** With 2 others
- **Aug** **[Kano Therapeutics](https://millionrounds.com/company/kano-therapeutics)** Seed · US **$5.0M** With 3 others
- **Jul** **[AtmosZero](https://millionrounds.com/company/atmoszero)** Grant · US **$250K** With 3 others
- **May** **[pascal](https://millionrounds.com/company/pascal)** Seed · US **$8.0M** With 1 other
- **May** **[Lucy Therapeutics](https://millionrounds.com/company/lucy-therapeutics)** Venture · US **$13M** With 1 other
- **Mar** **[EvolOH](https://millionrounds.com/company/evoloh)** Series A · US **$20M** With 1 other
- **Mar** **[Terragia Biofuel](https://millionrounds.com/company/terragia-biofuel)** Seed · US **$6.0M** With 1 other
- **Mar** **[DBOS, Inc.](https://millionrounds.com/company/dbos-inc)** Seed · US **$8.5M** With 1 other
- **Feb** **[Lilac Solutions](https://millionrounds.com/company/lilac-solutions)** Series C · US **$145M** With 4 others
- **2016** 1 round
- **Dec** **[CropZilla](https://millionrounds.com/company/cropzilla)** Venture **Undisclosed** Sole 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 registration **7 named**

AD **Ann Dewitt** General Partner i Form ADV

IR **Israel Ruiz** Managing Member of the General Partner i Filing they signed

KW **Katherine Wyeth Rae** Managing Partner i Form ADV

KR **Katie Rae** Managing Member of the General Partner i Filing they signed

MK **Michael Kearney** General Partner i Form ADV

MC **Milo Camp Peavey Werner** General Partner i Form ADV

RP **Reed P Sturtevant** General Partner i Form ADV

We also hold **11** 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

**$1.6B** gross assets of its funds Oct 2026

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

- **Legal name:** FWH Management Company, LLC
- **SEC number:** CRD 327296

## What they claim to have backed

From their own portfolio page (on their website)

**2** of 3 we have independently watched raise

[Teradar](https://millionrounds.com/company/teradar)[Teradar pushes Summit](https://millionrounds.com/company/freightwaves) Boston’s record snowfall

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

**Raised**

a new fund in May 2026

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

## The cheque

Seed Series A Series B

Median round joined **$21M** the round, not its cheque Alone, median **$18M**

Led 3 of 37 rounds **8%**

- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Venture *10*
- Seed said *10*
- Series A said *8*
- Series C *4*
- Series B said *2*
- Grant *1*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [At One Ventures](https://millionrounds.com/fund/at-one-ventures) 4
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 3
- [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) 3
- [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) 3
- [MCJ](https://millionrounds.com/fund/mcj) 3
- [Safar Partners](https://millionrounds.com/fund/safar-partners) 3

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

[**At One Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/at-one-ventures)[**Alumni Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Berkeley SkyDeck** Accelerator **3** rounds together](https://millionrounds.com/fund/berkeley-skydeck)[**Energy Impact Partners** VC firm **3** rounds together](https://millionrounds.com/fund/energy-impact-partners)[**MCJ** VC firm **3** rounds together](https://millionrounds.com/fund/mcj)[**Safar Partners** VC firm **3** rounds together](https://millionrounds.com/fund/safar-partners)[**Taihill Venture** VC firm **3** rounds together](https://millionrounds.com/fund/taihill-venture)[**US Department of Energy** Government **3** rounds together](https://millionrounds.com/fund/u-s-department-of-energy)[**VXI Capital** VC firm **3** rounds together](https://millionrounds.com/fund/vxi-capital)[**Breakthrough Energy** VC firm **2** rounds together](https://millionrounds.com/fund/breakthrough-energy)[**Lowercarbon Capital** VC firm **2** rounds together](https://millionrounds.com/fund/lowercarbon-capital)[**Metaplanet** VC firm **2** rounds together](https://millionrounds.com/fund/metaplanet)

## Recently backed

The latest companies Engine Ventures put money into.

[**VEIR** $110M · Oct 2026](https://millionrounds.com/company/veir)[**CorePower Magnetics** $11M · Sept 2026](https://millionrounds.com/company/corepower-magnetics)[**Form Energy** $750M · Aug 2026](https://millionrounds.com/company/form-energy)[**Blue Energy** $380M · Jul 2026](https://millionrounds.com/company/blue-energy)[**Superlight** $21M · Jun 2026](https://millionrounds.com/company/superlight)[**Sora Fuel** $15M · Apr 2026](https://millionrounds.com/company/sora-fuel)

## Mentioned on podcasts

Episodes that name Engine Ventures in their description, not their title.

- [Inevitable](https://millionrounds.com/podcasts/inevitable) 21 Jul 2026 · 51 min Prefabricated Nuclear Power Plants with Blue Energy Mentions [At One Ventures](https://millionrounds.com/fund/at-one-ventures)[Engine Ventures](https://millionrounds.com/fund/engine-ventures)[VXI Capital](https://millionrounds.com/fund/vxi-capital) Apple PodcastsShow page
- [Inevitable](https://millionrounds.com/podcasts/inevitable) 27 May 2026 · 50 min Collapsing 30 Feet of Power Infrastructure Into Four with DG Matrix Mentions [Engine Ventures](https://millionrounds.com/fund/engine-ventures) Apple PodcastsShow page

## Quick answers about Engine Ventures

### What does Engine Ventures invest in?

Engine Ventures invests most often at Venture and Seed (57% of the rounds on record), in sectors such as Tough Tech, Energy and Climate.

### How active is Engine Ventures?

37 investments on record, 16 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

### What has Engine Ventures invested in recently?

Its most recent investments on record: VEIR (Series C, Oct 2026), CorePower Magnetics (Seed, Sept 2026) and Form Energy (Series G, Aug 2026).

### How big are Engine Ventures's cheques?

The median round it joins is $21M.

### Does Engine Ventures lead rounds?

Sometimes: it led 3 of its 37 investments on record (8%).

### Where does Engine Ventures invest?

Most of the companies it backs are in the United States (89%) and Denmark (6%).

### Is Engine Ventures investing now?

Yes: it is actively investing, with 16 investments in the last 12 months.

### Who does Engine Ventures invest alongside?

Most often At One Ventures (4 rounds together), Alumni Ventures (3 rounds together) and Berkeley SkyDeck (3 rounds together).

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