United States · Investor

Two Bear Capital

Last cheque observed Feb 2026; 2 cheques on record.

VC firmDeploying nowNew fund $123M, May 2026

Pre-seedSeedSeries ALife SciencesTechnology

Deploying now
100%of best year2cheques in 12 months, 2 on record
Since the last cheque260days00hrs00min00sec
Median round$23MCheque size, as they say$100K – $20MRounds led1 of 2
Pitch Two Bear Capital

Two Bear Capital highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Seed and Series B: 100% of its rounds

  3. 03

    Led 1 rounds

What they do

Two Bear Capital invests in founders with breakthrough ideas to solve urgent, complex problems by harnessing life sciences and technology.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $20M as they say
Stages
Pre-seedSeedSeries ASeries B
Sectors
Life SciencesTechnology
Based in
Whitefish, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first2 appearances

  1. 2026

    1 round

  2. Feb
    SelectorSeries B · TechStartups$32MWith 5 others
  3. 2025

    1 round

  4. Nov
    ReveniumSeed · Ventureburn$14MLed

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 registration1 named

MGMichael GoguenMANAGING MEMBERiFiling 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.

Recently backed

The latest companies Two Bear Capital put money into.

Quick answers about Two Bear Capital

What does Two Bear Capital invest in?

Two Bear Capital invests most often at Seed and Series B (100% of the rounds on record), in sectors such as Life Sciences and Technology.

How active is Two Bear Capital?

2 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Feb 2026.

What has Two Bear Capital invested in recently?

Its most recent investments on record: Selector (Series B, Feb 2026) and Revenium (Seed, Nov 2025).

How big are Two Bear Capital's cheques?

The median round it joins is $23M. It says it writes cheques of $100K to $20M.

Is Two Bear Capital investing now?

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

What kind of investor is Two Bear Capital?

Two Bear Capital is a VC firm based in Whitefish, United States.

Has Two Bear Capital raised a new fund?

Its latest fund filing with the SEC was in May 2026, reporting $123M raised.

Does Two Bear Capital take cold pitches?

Yes: its own website says it reads unsolicited pitches.

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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