Riot Ventures

Venture capital firm

Growth-stage venture firm investing in defense, aerospace, energy, robotics, and industrial technology companies in the US.

At a glance

Riot Ventures appears in 7 funding rounds tracked by ValueAddVC since 2025, leading 1. Its most frequent sectors in these rounds are Defense & Space and Energy & Climate, and its most recent tracked deal was Oxide Computer's $445M Series D round (Oct 9, 2026). It co-invests most often with Atreides Management, Eclipse Ventures and Snowpoint Ventures. ValueAddVC also tracks 4 funds managed by Riot Ventures.

Strategy

Stages
Pre-SeedSeedSeries BGrowth
Sectors
Technology
Geographies
USAVenice, California, USA
Check size
$3M

Recent changes

  1. Oct 9, 2026Invested in Oxide Computer (Series D, $445M) PR Newswire
  2. Oct 7, 2026Invested in Parallel Systems (Series C, $100M) TechCrunch
  3. Aug 3, 2026Follow-on: Invested in Valar Atomics ($1B) TechCrunch
  4. Apr 28, 2026Follow-on: Invested in True Anomaly (Series D, $650M) Tech Funding News
  5. Mar 26, 2026Invested in Shield AI (Series G, $1.5B) Bloomberg
Earlier changes (6)
  1. Apr 30, 2025Invested in True Anomaly (Series C, $260M) PR Newswire
  2. Feb 20, 2025Invested in Valar Atomics (Seed, $19M) TechCrunch
  3. Nov 1, 2024New fund: Riot Ventures Venture Fund III (target $160M) SEC EDGAR Form D
  4. Mar 28, 2022New fund: Riot Ventures Venture Fund II ($86.428571M) SEC EDGAR Form D
  5. Jan 1, 2021New fund: Riot Ventures Fund II ($90M) Value Add VC funds tracker
  6. Apr 11, 2017New fund: Riot Ventures Venture Fund I (target $25M) SEC EDGAR Form D

Funds

4
FundVintageSizeStrategySource
Riot Ventures Venture Fund III2024target $160MVenture
As of Oct 31, 2025SEC EDGAR Form D
Riot Ventures Fund II2021$90MFlagship
As of 2021Value Add VC funds tracker
Riot Ventures Venture Fund II2020$86.428571MVenture
As of Mar 28, 2022SEC EDGAR Form D
Riot Ventures Venture Fund I2017target $25MVenture
As of Apr 11, 2017SEC EDGAR Form D

Portfolio

6 total

Recent Investment Activity

7

Track record: led 1 and participated in 6 of 7 tracked venture rounds · 5 in the last 12 months · led 1 Seed

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 9, 2026Oxide ComputerSeries DParticipated$445M—
Eclipse VenturesLeadunverifiedRiot VenturesunverifiedJane StreetunverifiedAtreides ManagementunverifiedAMD VenturesunverifiedUS Innovative Technology Fund
PR Newswire
Oct 7, 2026Parallel SystemsSeries CParticipated$100M—
Congruent VenturesunverifiedRiot VenturesunverifiedCollaborative FundunverifiedAVPHillspireCobalt CapitalAnthos Capital+1 more
TechCrunch
Aug 3, 2026Valar Atomicsfunding roundParticipated$1B$6B
Sequoia CapitalLeadAtreides ManagementunverifiedConvictionunverifiedHOF CapitalunverifiedPoint72unverifiedRiot VenturesunverifiedSnowpoint VenturesunverifiedValor Equity PartnersunverifiedApandion CapitalDream Ventures
Pulse story
Apr 28, 2026True AnomalySeries DParticipated$650M—
Eclipse VenturesunverifiedRiot VenturesunverifiedParadigmunverifiedAtreides ManagementunverifiedG Squaredunverified
Tech Funding News
Mar 26, 2026Shield AISeries GParticipated$1.5B$12.7BBloomberg
Apr 30, 2025True AnomalySeries CParticipated$260M—
AccelunverifiedMeritech CapitalunverifiedEclipse VenturesunverifiedRiot VenturesunverifiedMenlo VenturesunverifiedACME CapitalSpace VCChampion Hill VenturesNarya
PR Newswire
Feb 20, 2025Valar AtomicsSeedLed$19M—
Riot VenturesLeadunverifiedInitialized CapitalunverifiedAlleyCorpunverifiedDay One VenturesunverifiedSteel Atlas
TechCrunch

Sector / Stage Activity

By sector (portfolio)
Defense
2 · 33%
Cloud
1 · 17%
AI infra
1 · 17%
Autonomous Vehicles
1 · 17%
Energy
1 · 17%
By stage (tracked rounds)
Series D
2 · 29%
Series C
2 · 29%
Series G
1 · 14%
Seed
1 · 14%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. Oxide Computer Raises $445M To Scale Its Own CloudOxide Computer raised a $445 million Series D led by Eclipse, with new backing from AMD Ventures and Atreides Management, to expand manufacturing of its on-premises cloud hardware.→
  2. Defense Tech's $35.6 Billion Year, By the CompsAnduril at $61 billion, Castelion at $13 billion, True Anomaly at $600 million raised -- the named rounds behind defense tech's $35.6 billion year explain what's actually driving the category better than the aggregate number does.→
  3. Valar Atomics Triples to $6B for Factory NuclearValar Atomics raised a $1B Series B led by Sequoia at a $6B valuation, tripling its mark since April, months after using a fission reaction to power an Nvidia chip for the first time.→
  4. Valar Atomics Raises $1B at $6B for Factory NuclearSequoia led a $1B Series B for Valar Atomics at a $6B post-money valuation, tripling the mark it carried in April, weeks after the startup used a fission reaction to power an Nvidia AI chip.→
  5. Sequoia Leads $1B Round for Nuclear Startup ValarValar Atomics closed a $1B Series B led by Sequoia at a $6B valuation, tripling its April mark, weeks after its microreactor became the first in US history to power an Nvidia AI chip.→

Riot Ventures FAQ

How large are Riot Ventures' funds?

Riot Ventures funds Value Add tracks include Riot Ventures Fund II ($90M, 2021); Riot Ventures Venture Fund II ($86.428571M, 2020), out of 4 Riot Ventures funds tracked in total.

What companies has Riot Ventures invested in?

Riot Ventures' portfolio includes Shield AI, Oxide Computer, Parallel Systems, Valar Atomics, True Anomaly, Parallel.

Who does Riot Ventures co-invest with most?

In the rounds Value Add tracks, Riot Ventures most often invests alongside Atreides Management (3 shared deals), Eclipse Ventures (2 shared deals), Paradigm (2 shared deals), Point72 Ventures (2 shared deals), Snowpoint Ventures (2 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.

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