Key Takeaways
- • Linse Capital, the San Juan, Puerto Rico-based deep tech venture firm, rebranded as Lithos Capital, with a new website at www.lithos.com, according to a Business Wire release.
- • The firm has raised over $1.7 billion to date and has backed nine growth-stage and fourteen early-stage companies, per the release.
- • Lithos now invests in early-stage rounds across space, robotics, energy, mobility, defense and AI, extending its concentrated-check model from first check through scale.
- • The rebrand follows the launch of Linse Ignition, a $75 million early-stage fund, alongside a $75 million co-investment vehicle.
- • Co-founders Michael Linse and Bastiaan Janmaat cite a largest investment that began as a $4 million check and grew to $330 million over five years.
Summary
Founder Michael Linse, a former Partner at Kleiner Perkins, co-leads the firm with long-time investing partner Bastiaan Janmaat, previously CEO of DataFox. The firm has raised over $1.7 billion to date and has backed nine growth-stage and fourteen early-stage companies. Its growth-stage portfolio includes Skydio, Impulse Space, Verkada and SpaceX, though the release states that portfolio references are illustrative and not a complete list of investments.
Alongside its continued growth-stage investing, Lithos now participates in early-stage rounds across space, robotics, energy, mobility, defense and AI. Janmaat said the firm's largest investment began as a $4 million check and that over five years the firm put $330 million behind the company. The rebrand follows the launch of Linse Ignition, a $75 million early-stage fund, and a $75 million co-investment vehicle extending the concentrated approach to early-stage companies.
The firm's new website is live at www.lithos.com. The release was issued through SolComms on behalf of the firm.
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