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Lemnos VC

Venture CapitalActive

Lemnos Labs is a California-based venture capital fund that aims to invest in early-stage hardware startups.

San Francisco, United StatesFounded 2012lemnos.vc/
41
Investments
7
Exits
$1.2B
AUM
17.1%
Exit Rate

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Investment Thesis & Strategy

Lemnos VC invests in early-stage robotics and hardware startups, providing capital and support to help them scale.

Investment Activity

Deals per year over the last 5 years

1
2015
3
2016
3
2017
3
2018
2
2019

Portfolio Companies

Selected investments from their portfolio of 41 companies

A
Altana AI
AI/ML · Series A, 2019
Active
M
Machina Labs
Robotics · Series A, 2019
Active
I
Icon
Robotics · Series A, 2018
Active
C
Canvas
Robotics · Series A, 2018
Active
A
Airspace Intelligence
Robotics · Series A, 2018
Active
S
Standard Cognition
Robotics · Series A, 2017
Active
N
Nuro
Robotics · Series A, 2017
Active
A
Aeva
Transportation · Series A, 2017
Active
S
Skydio
Robotics · Series A, 2016
Active
V
Velo3D
Robotics · Series A, 2016
Active
S
Shield AI
Robotics · Series A, 2016
Active
S
StrongArm Technologies
Robotics · Series A, 2015
Active

Notable Exits

CompanyTypeYearValue / Acquirer
FormlabsAcquisition2024
Impossible FoodsAcquisition2024
Standard CognitionAcquisition2024
Velo3DIPO2022$1.6B
AevaIPO2021$1.5B
Evolv TechnologiesIPO2021$1.4B
Desktop MetalIPO2020$2.5B

Frequently Asked Questions

Lemnos VC focuses on Series A, Series B, Series C+ stage investments.

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