CapitalG

Corporate venture arm
San Francisco, California, USAFounded 2013www.capitalg.comSee connections →Compare with Felicis VenturesVenture arm of Google

Alphabet's independent growth fund investing in growth-stage technology companies across AI, fintech, enterprise software, and consumer platforms.

At a glance

CapitalG appears in 11 funding rounds tracked by ValueAddVC since 2025, leading 5. Its most frequent sectors in these rounds are AI & Infrastructure and Defense & Space, and its most recent tracked deal was Supabase's $150M round (Oct 2, 2026). It co-invests most often with Andreessen Horowitz, Sequoia Capital and Altimeter Capital.

Strategy

Stages
Growth
Sectors
AIFintechEnterprise SoftwareRoboticsConsumer
Geographies
San Francisco, California, USA

Recent changes

  1. Oct 2, 2026Invested in Supabase ($150M) SiliconANGLE
  2. Sep 9, 2026Invested in Clay (Series D, $115M) Business Wire
  3. Sep 8, 2026Invested in Celero Communications (Series C, $275M) citybiz
  4. Sep 5, 2026Stages updated: Growth capitalg.com
  5. Sep 5, 2026Sectors updated: AI, Fintech, Enterprise Software, Robotics, Consumer capitalg.com
Earlier changes (8)
  1. Aug 6, 2026Invested in Hadrian (Series D, $1.37B) Hadrian
  2. Jul 30, 2026Invested in K2 Space (Series D, $500M) Bloomberg
  3. Jan 21, 2026Invested in Baseten (Series E, $300M) Tech Funding News
  4. Dec 18, 2025Invested in Lovable (Series B, $330M) TechCrunch
  5. Dec 3, 2025Invested in Verkada ($100M) SiliconANGLE
  6. Nov 20, 2025Invested in Physical Intelligence ($600M) SiliconANGLE
  7. Oct 20, 2025Invested in LangChain (Series B, $125M) LangChain
  8. Oct 2025Invested in Whatnot (Series F, $225M) Wikipedia

Portfolio

17 total

Recent Investment Activity

11

Track record: led 5 and participated in 6 of 11 tracked venture rounds · 10 in the last 12 months · led 1 Series C, 1 Series B, 1 Series F

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 2, 2026Supabasefunding roundParticipated$150M—
GICLeadunverifiedCapitalGunverifiedSquare PegunverifiedIronArc
SiliconANGLE
Sep 9, 2026ClaySeries DParticipated$115M$7.1BBusiness Wire
Sep 8, 2026Celero CommunicationsSeries CLed$275M$3B+citybiz
Aug 6, 2026HadrianSeries DParticipated$1.37B$7.87B
Washington Harbour PartnersLeadunverifiedValor Equity PartnersLeadunverified137 VenturesLeadunverifiedBaillie GiffordLeadunverifiedJPMorganChase Strategic Investment GroupLeadunverified1789 CapitalunverifiedApollo Global ManagementunverifiedT. Rowe PriceunverifiedCapitalGunverifiedAndreessen HorowitzunverifiedFounders FundunverifiedLux CapitalunverifiedAltimeter CapitalunverifiedConstruct CapitalunverifiedWCM Investment ManagementMorgan Stanley Wealth Management
Hadrian
Jul 30, 2026K2 SpaceSeries DParticipated$500M$6.8B
Kleiner PerkinsLeadunverifiedIconiq CapitalLeadunverifiedLightspeed Venture PartnersunverifiedCapitalGunverifiedAltimeter Capitalunverified
Pulse story
Jan 21, 2026BasetenSeries EParticipated$300M—Tech Funding News
Dec 18, 2025LovableSeries BLed$330M$6.6BTechCrunch
Dec 3, 2025Verkadafunding roundLed$100M$5.8B
CapitalGLeadunverified
SiliconANGLE
Nov 20, 2025Physical Intelligencefunding roundLed$600M$5.6BSiliconANGLE
Oct 20, 2025LangChainSeries BParticipated$125M$1.25BLangChain
Oct 2025WhatnotSeries FLed$225M$11.5BWikipedia

Sector / Stage Activity

By sector (portfolio)
AI infra
3 · 18%
Developer tools
3 · 18%
Consumer
2 · 12%
Design software
1 · 6%
Semiconductors
1 · 6%
Enterprise SaaS
1 · 6%
Defense
1 · 6%
Space
1 · 6%
Mobility
1 · 6%
Robotics
1 · 6%
By stage (tracked rounds)
Series D
3 · 27%
Series B
2 · 18%
Series C
1 · 9%
Series E
1 · 9%
Series F
1 · 9%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Latest Pulse

  1. Industrial Next's AI Robots Retool Factory Lines In MinutesIndustrial Next unveiled AI-driven robotic stations that retool factory lines in minutes instead of weeks at TechCrunch Disrupt 2026, alongside a new partnership with BMW Group Technology Office.→
  2. Supabase Raises $150M, Acquires Turso for AI AgentsSupabase raised $150 million led by Singapore's GIC and agreed to acquire SQLite-based database startup Turso to power per-agent databases for AI workloads.→
  3. K2 Space Raises $500M Series D at $6.8B ValuationK2 Space raised a $500 million Series D co-led by Kleiner Perkins and ICONIQ, valuing the large-satellite manufacturer at $6.8 billion as it targets building up to 100 large satellites a year for commercial and defense customers.→
  4. K2 Space Raises $500M at $6.8B ValuationK2 Space raised a $500 million Series D at a $6.8 billion valuation, co-led by Kleiner Perkins and Iconiq, to scale production of large, high-power satellites for data-heavy communications and defense missions.→
  5. Plaid, Verkada Quietly Line Up Banks for IPOsTwo well-capitalized infrastructure unicorns are separately testing the IPO waters, suggesting the reopened window extends beyond consumer brands and SpaceX-scale mega-deals.→

CapitalG FAQ

What companies has CapitalG invested in?

CapitalG's portfolio includes Supabase, Baseten, Clay, Celero Communications, Lovable, Whatnot, and 11 more tracked companies.

Who does CapitalG co-invest with most?

In the rounds Value Add tracks, CapitalG most often invests alongside Alkeon Capital (4 shared deals), Andreessen Horowitz (4 shared deals), Sequoia Capital (4 shared deals), Altimeter Capital (3 shared deals), DST Global (3 shared deals).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction