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The Venture Codex

Natural Capital

350 Jane Stanford Way, Stanford, CA, 94305, US

Overview

Bringing capital, technology, and people together to solve problems.

Founded

2019

Deals ยท 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B
Series C

Geographic focus

India
Japan
United States

Sector focus

Finance
Financial Services

Investment portfolio

9rounds
NAMEDATESIZE
Varda
Sep 2026Led
$251 MSeries D
Positron
Sep 2026Participated
$875 MSeries C
Odyssey
Jun 2026Led
$310 MSeries B
Aether Biomachines
Dec 2025Participated
$15 MOther Equity
Varda
Jul 2025Led
$187 MSeries C
Ashvattha Therapeutics
Jan 2025Led
$50 MSeries B
Woodstock
May 2024Participated
$3 MOther Equity
Opt Fit
Jan 2024Participated
$2 MSeries A
Aether
Aug 2023Led
$49 MSeries A
Varda
Sep 2026Led
$251 MSeries D
Positron
Sep 2026Participated
$875 MSeries C
Odyssey
Jun 2026Led
$310 MSeries B
Aether Biomachines
Dec 2025Participated
$15 MOther Equity
Varda
Jul 2025Led
$187 MSeries C
Ashvattha Therapeutics
Jan 2025Led
$50 MSeries B
Woodstock
May 2024Participated
$3 MOther Equity
Opt Fit
Jan 2024Participated
$2 MSeries A
Aether
Aug 2023Led
$49 MSeries A
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Natural Capital: 9 funding rounds are recorded in the selected participation categories.All available history.
Natural Capital: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A11
Series B20
Series C+21
Other Equity02

Monthly Deal Activity

Natural Capital: 9 deals are recorded across 39 months.All available history.
Natural Capital: 9 deals are recorded across 39 months. All available history
MonthDeals
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

Natural Capital: Health & Life Sciences is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Natural Capital: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
Space & Frontier Tech4
Manufacturing3
AI & Machine Learning3
Consumer & Lifestyle3
Fintech1

Deal Size Distribution

Natural Capital: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Natural Capital: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M1
$25M-$50M1
$50M-$100M1
$100M-$250M1
$250M-$500M2
$500M-$1B1
$1B+0

Deals By Geography

Natural Capital: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Natural Capital: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Japan2
India1
Natural Capital: 20 co-investors are shown, with Unless sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Natural Capital: 20 co-investors are shown, with Unless sharing 3 recorded deals. All available history
Co-investorShared deals
Unless3
Also Capital2
Caffeinated Capital2
Khosla Ventures2
Lux Capital2
Resilience Reserve2
Shrug Capital2
Tribe Capital2
1517 Fund1
4DX Ventures1
8090 Industries1
Amazon1
AMD Ventures1
Andra Capital1
ARENA Private Wealth1
Atreides Management1
Banyan Ventures1
Boardman Bay Capital Management1
Cisco Investments1
Coral Capital1

Investment Strategy

Natural Capital: Led accounts for 56% and participating for 44% of round participation.All available history.
Natural Capital: Led accounts for 56% and participating for 44% of round participation. All available history
CategoryDeals (count)Share (%)
Led556%
Participating444%
Natural Capital: Single-lead accounts for 20% and co-led for 80% of lead dynamics.All available history.
Natural Capital: Single-lead accounts for 20% and co-led for 80% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead120%
Co-led480%

Team

Jay Zaveri

Managing General Partner