Refactor Capital

Venture capital firm
Burlingame, California, USAFounded 2015refactor.comSee connections →

Seed-stage hard tech venture firm led by solo GP investing $1-2M in aerospace, energy, bio, and advanced manufacturing.

Strategy

Stages
Pre-SeedSeed
Sectors
AerospaceEnergyBioAdvanced ManufacturingDefenseNuclear
Geographies
USABurlingame, California, USA
Check size
$1M–$2M

Recent changes

  1. Sep 5, 2026Check size updated: $1M–$2M refactor.com
  2. Sep 5, 2026Sectors updated: Aerospace, Energy, Bio, Advanced Manufacturing, Defense, Nuclear refactor.com
  3. Sep 5, 2026Stages updated: Pre-Seed, Seed refactor.com
  4. Jan 1, 2026New fund: Refactor Capital Fund V ($50M) Value Add VC funds tracker
  5. Jan 1, 2024New fund: Refactor Capital Fund IV ($50M) Value Add VC funds tracker
Earlier changes (3)
  1. Jan 1, 2021New fund: Refactor Capital Fund III ($50M) Value Add VC funds tracker
  2. Jan 1, 2019New fund: Refactor Capital Fund II ($30M) Value Add VC funds tracker
  3. Jan 1, 2016New fund: Refactor Capital Fund I ($50M) Value Add VC funds tracker

Funds

5
FundVintageSizeStrategySource
Refactor Capital Fund V2026$50MFlagship
As of 2026Value Add VC funds tracker
Refactor Capital Fund IV2024$50MFlagship
As of 2024Value Add VC funds tracker
Refactor Capital Fund III2021$50MFlagship
As of 2021Value Add VC funds tracker
Refactor Capital Fund II2019$30MFlagship
As of 2019Value Add VC funds tracker
Refactor Capital Fund I2016$50MFlagship
As of 2016Value Add VC funds tracker

Portfolio

3 total

Sector / Stage Activity

By sector (portfolio)
Crypto
1 · 33%
Software
1 · 33%

Co-Investors

10

Similar Firms

overlapping sector, stage or region

Refactor Capital FAQ

How large are Refactor Capital's funds?

Refactor Capital funds Value Add tracks include Refactor Capital Fund V ($50M, 2026); Refactor Capital Fund IV ($50M, 2024); Refactor Capital Fund III ($50M, 2021); Refactor Capital Fund II ($30M, 2019), out of 5 Refactor Capital funds tracked in total.

What companies has Refactor Capital invested in?

Refactor Capital's portfolio includes Checkerspot, Coinbase, Inferra.

Who does Refactor Capital co-invest with most?

In the rounds Value Add tracks, Refactor Capital most often invests alongside Blockchain Capital (1 shared deal), Collaborative Fund (1 shared deal), Digital Currency Group (1 shared deal), Draper Associates (1 shared deal), Notable Capital (1 shared deal).

Sources & methodologyshow
Where these figures come from
  • Value Add VC funds trackerValue Add VC data5 facts

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.

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