Top 10 Venture Capital Firms Investing in Infrastructure Startups
Find the right VC for your infrastructure startup with our list of 10 active firms. Once funded, Rho's tools help you manage and deploy capital.
Rho Editorial Team
For founders in the Infrastructure space, preparing to raise capital means finding investors who truly get your business. Whether you're in energy tech, logistics, or cleantech, the right partner understands the unique challenges and opportunities of your industry, which is critical for building a strong company.
To help you find the right fit, our team has curated this guide to key venture capital firms in the sector. It’s an overview designed to help you quickly identify investors who align with your vision. Once funding is secured, Rho’s integrated financial tools help you manage and deploy that capital efficiently.
Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.
Key Takeaways
Securing venture funding in the infrastructure space is about finding a strategic partner who understands your industry’s specific challenges and long-term potential.
Firms like SineWave Ventures, Blue Bear Capital, Heavybit, and Suffolk Technologies are notable backers for startups in the infrastructure sector.
Once you close a round, Rho helps you manage your new capital with integrated business banking, corporate cards, and bill pay.
Which VC Firms in Infrastructure Are Right for Your Stage?
Whether you're an early-stage company or closer to an exit, it helps to know which investors to approach. We’ve created this overview to show which VC firms in the infrastructure sector invest at each stage.
Pre-seed and Seed VC Firms in Infrastructure
Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build an initial product. For founders in specialized fields like urban tech, logistics, or software, firms such as Socii Capital and SHAKTI focus on this stage, while investors like SpaceVC back pre-seed and seed space tech startups.
Early Stage VC Firms in Infrastructure
Early-stage funding, which includes Series A and Series B rounds, is for companies with proven traction that need capital to scale their team and accelerate growth. Many US venture capital firms are active here; for example, SineWave Ventures invests in enterprise software, while Suffolk Technologies is a key construction tech venture capital firm for the built environment.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Late Stage VC Firms in Infrastructure
Late-stage rounds provide significant capital to established companies for market expansion, acquisitions, or as a final private round before a potential IPO. Prominent late stage venture capital firms in this category include Heavybit, known for backing developer-first companies, and Blue Bear Capital, one of the notable cleantech VC firms applying data to energy infrastructure.
Keep in mind that many of the most active venture capital firms invest across multiple stages, from seed to exit.
Here is a closer look at some of the top VC firms investing in the infrastructure sector. We've included key details on their investment stages, geographic focus, and what makes each firm a strong potential partner for founders.
1. SineWave Ventures
Based in Arlington, Virginia, SineWave Ventures provides early-stage capital to technology companies that serve both commercial and public sectors. Their focus is on enterprise software and infrastructure, backing founders who build for complex markets.
The firm’s portfolio highlights a pattern of investing in successful dual-use technology, with companies like the AI security provider SentinelOne and data platform Databricks. This signals a clear strategy of backing businesses that can scale in both private and government environments.
SineWave Ventures is a strong potential partner for founders building enterprise or infrastructure tech with clear applications for both commercial and public sector customers. Their team is positioned to help you navigate the unique sales cycles and requirements of these distinct markets.
Investment stages: Early and Late Stage Venture
Industries of focus: Enterprise Software, Financial Services, IT, and Infrastructure
Geographical presence: Arlington, Virginia
Founded: 2015
Notable portfolio companies: Databricks, SentinelOne, Evolv Technology, Clarifai
Portfolio size: 44 investments
You can refer to their website here.
2. Blue Bear Capital
Based in Los Angeles, Blue Bear Capital supports companies applying AI and data-driven technologies to the energy and infrastructure sectors. They focus on founders building software and hardware solutions for these critical industries.
The firm invests across all stages, from seed to late-stage venture, showing a commitment to backing companies throughout their growth. Their portfolio includes EV charging leader FreeWire Technologies and hyperscale data platform Ocient, highlighting a focus on businesses applying data to solve major infrastructure challenges.
Blue Bear Capital is a strong match for founders building technology for the energy, industrial, or cleantech markets. Their broad investment stage focus makes them a potential long-term partner for companies with a clear data or AI strategy.
Investment stages: Seed, Early Stage Venture, Late Stage Venture, Convertible Note
Industries of focus: CleanTech, Energy, Industrial, Infrastructure, SaaS
Geographical presence: Los Angeles, California
Founded: 2016
Notable portfolio companies: FreeWire Technologies, Ocient, TruckLabs
Portfolio size: 67 investments
You can refer to their website here.
3. Heavybit
Based in San Francisco, Heavybit is a leading investor for developer-first companies. They have a strong track record of helping technical founders build category-defining products.
The firm’s focus is exclusively on companies creating tools and platforms for software developers. Their portfolio includes major successes like PagerDuty, Netlify, and Snyk, demonstrating their expertise in the developer tooling space.
Heavybit is a great match for founders with deep technical backgrounds building for other developers. If your startup is focused on developer APIs, cloud infrastructure, or enterprise software, their specialized program and community could be a significant asset.
Investment stages: Seed, Early Stage Venture, Late Stage Venture
Industries of focus: Developer APIs, Cloud Infrastructure, Enterprise Software, AI, Machine Learning
Geographical presence: San Francisco, California
Founded: 2013
Notable portfolio companies: PagerDuty, CircleCI, Netlify, LaunchDarkly, Snyk
Portfolio size: 96 investments
You can refer to their website here.
4. Suffolk Technologies
Based in Boston, Suffolk Technologies is a venture capital platform funding companies that solve challenges in the built environment. They invest in founders creating new solutions for construction, real estate, and infrastructure.
The firm's focus is tightly centered on the built world, from green building to smart building technology. Their portfolio includes construction-robotics company Canvas and EquipmentShare, a construction equipment platform reportedly considering an IPO.
Suffolk Technologies is a good match for founders with deep industry knowledge in construction, real estate, or sustainability tech. As both a VC and accelerator, they are positioned to provide hands-on support for early and growth-stage companies.
Investment stages: Early and Late Stage Venture
Industries of focus: Construction, Real Estate, Green Building, Infrastructure, Smart Building
Geographical presence: Boston, Massachusetts
Founded: 2019
Notable portfolio companies: EquipmentShare, Canvas, Measurabl, Diamond Age
Portfolio size: 41 investments
You can refer to their website here.
5. SHAKTI
Based in San Francisco, SHAKTI is an early-stage venture capital firm that invests in technology companies. They provide capital from the seed stage onward, supporting founders as they build and scale their businesses.
The firm invests across a range of sectors, including AI, robotics, and infrastructure. Their portfolio includes several high-profile companies, such as design platform Canva and cloud-storage provider Backblaze, which went public, indicating a focus on businesses with potential for significant scale.
SHAKTI is a strong potential partner for early-stage founders building tech in their core industries. Their track record suggests they are a good fit for companies aiming for high growth and market leadership.
Investment stages: Seed, Early Stage Venture
Industries of focus: Artificial Intelligence, Consumer Applications, Infrastructure, Robotics
Geographical presence: San Francisco, California
Founded: 2020
Notable portfolio companies: Canva, Backblaze, Bolt, Gatik.ai
Portfolio size: 26 investments
You can refer to their website here.
6. Moment Ventures
Based in Palo Alto, Moment Ventures is an early-stage venture capital firm that invests in companies shaping the future of work. They provide capital to founders building technology in sectors like infrastructure, robotics, and the Internet of Things.
The firm invests across a company's lifecycle, from seed to late-stage rounds, signaling a willingness to be a long-term partner. Their portfolio includes companies like logistics platform Flowspace and robotics maker Savioke, showing a focus on technology with real-world applications.
Moment Ventures is a good match for founders building technology that impacts how work gets done, especially in industries like logistics, robotics, and infrastructure. If your company is creating solutions for the modern workforce, their focus and portfolio make them a relevant investor to consider.
Investment stages: Seed, Early Stage Venture, Late Stage Venture
Industries of focus: Future of Work, Infrastructure, Robotics, Internet of Things, Financial Services
Geographical presence: Palo Alto, California
Founded: 2013
Notable portfolio companies: Flowspace, Savioke, World View, AltoIRA
Portfolio size: 49 investments
You can refer to their website here.
7. Socii Capital
Based in San Francisco, Socii Capital is a venture firm that backs founders building software-enabled digital infrastructure. They focus on early-stage and seed rounds, providing foundational capital to tech startups.
The firm shows a clear preference for software businesses, with a portfolio that includes AI-powered legal platform Casetext and fintech unicorn Lunar. This track record points to an ability to identify companies with high-growth potential in specialized markets.
Socii Capital is a good fit for founders building software or fintech companies, especially those creating digital infrastructure. If you are at the seed or early stage with a strong software-based model, their focus aligns well.
Investment stages: Seed, Early Stage Venture
Industries of focus: FinTech, Infrastructure, Software
Geographical presence: San Francisco, California
Founded: 2016
Notable portfolio companies: Casetext, Lunar, Golden, Vellum, Ashvattha Therapeutics
Portfolio size: 26 investments
You can refer to their website here.
8. Space.VC
Based in Austin, Texas, Space.VC is a venture capital firm that backs founders building companies in the space technology sector. They provide capital to startups from the pre-seed to Series A stages.
The firm has a clear focus on early-stage space technology, investing in world-class founders from the very beginning. Their portfolio includes industry leaders like launch provider SpaceX and space-infrastructure company Loft Orbital, showing a strategy of investing in foundational businesses across the sector.
Space.VC is a strong potential partner for founders building at the earliest stages of the space industry. If your company is focused on areas like satellite communication, software, or space travel, their specialized expertise makes them a relevant investor to approach.
Investment stages: Pre-seed to Series A
Industries of focus: Infrastructure, Satellite Communication, Software, Space Travel
Geographical presence: Austin, Texas
Founded: 2021
Notable portfolio companies: SpaceX, Loft Orbital, Space Forge, Pixxel, Xona Space Systems
Portfolio size: 28 investments
You can refer to their website here.
9. Jump Crypto
Based in Chicago, Jump Crypto is the venture and building arm of Jump Trading, focused on investing in and developing blockchain infrastructure. They are a key player in the growth of Web3 and decentralized technologies.
The firm invests across all stages and backs foundational projects in the crypto space, including high-profile Layer-1 blockchains like Aptos and Sui. This signals a strategy of supporting core protocols that enable the broader ecosystem.
Jump Crypto is a strong match for founders with deep technical expertise building core blockchain infrastructure or DeFi applications. Their role as both an investor and builder makes them a valuable partner for teams aiming to solve complex problems in Web3.
Investment stages: Seed, Early Stage Venture, Late Stage Venture, Private Equity, Initial Coin Offering
Industries of focus: Blockchain, Cryptocurrency, FinTech, Infrastructure, Web3
Geographical presence: Chicago, Illinois
Founded: 2015
Notable portfolio companies: Aptos, Sui, Celestia, Injective, KuCoin Token
Portfolio size: 97 investments
You can refer to their website here.
What This Tells Us About The VC Scene for Infrastructure Companies
This overview shows that the funding environment for infrastructure companies is quite balanced. You’ll find investors active from pre-seed through late-stage rounds, meaning capital is accessible whether you're just starting or preparing to scale significantly. While many firms are based in major tech hubs like San Francisco, there are strong partners in other cities, giving you options outside of Silicon Valley.
The key takeaway for you is that "infrastructure" is a broad category for investors, covering everything from developer tools to energy tech. Success in fundraising will depend on identifying the firms that specialize in your specific area. Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Raise Confidently with Rho
Fundraising requires your full attention, and a focused list of investors makes the process more efficient. We created this guide to help you connect with the right partners for your infrastructure company.
Once your round is closed, the next step is putting that capital to work. If you’ve just raised, Rho can help you set up your financial stack in minutes.
Our platform provides integrated business banking, corporate cards, and automated bill pay. These tools are designed to help you manage and deploy your new funding with clarity and control.
FAQs about Venture Capital Firms Focused on Infrastructure
Which US regions are hubs for infrastructure venture capital firms?
While the Bay Area and Boston remain major hubs, infrastructure VCs are increasingly active in cities like Austin, Chicago, and Los Angeles. This geographic diversity gives founders more options for finding the right regional partner for their company.
How do I find VCs for a niche like climate tech or logistics?
Focus on firms whose portfolios already include your niche. Use industry reports, specialized databases, and attend sector-specific conferences to identify investors who have a stated interest and track record in areas like climate tech or logistics.
What is the focus of seed stage venture capital firms in infrastructure?
Seed stage firms focus on foundational elements: a strong team, a validated problem, and a clear vision for the initial product. They provide the first institutional capital to help you build your MVP and achieve early market traction.
What makes an infrastructure startup attractive to VCs?
VCs look for startups with a large addressable market, a scalable business model, and a founding team with deep industry expertise. A clear technological advantage or unique insight into a major infrastructure problem is highly valued.
Are there many clean energy venture capital firms?
Yes, the number of clean energy and cleantech venture capital firms is growing rapidly. These investors focus on startups in renewables, energy storage, and efficiency, often backing companies with both strong financial and environmental impact potential.
How can Rho help after I secure funding from an infrastructure VC?
Once your round closes, Rho can help you manage your new capital. Our platform offers integrated business banking, corporate cards, and automated bill pay, giving you full control over your finances from day one.