CI

California Innovation Fund

North America, California, United States, Berkeley

Description

The Cal Fund powers a cycle of education, innovation, and entrepreneurship to make VC more equitable and create impactful positive change.

Investor Profile

California Innovation Fund has backed more than 14 startups, with 3 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Biotechnology, Software, Health Care.

Stage Focus

  • Series A (43%)
  • Seed (36%)
  • Series Unknown (14%)
  • Series D (7%)

Country Focus

  • United States (100%)

Industry Focus

  • Biotechnology
  • Software
  • Health Care
  • Life Science
  • Transportation
  • Pharmaceutical
  • Financial Services
  • Information Technology
  • Network Security
  • Automotive
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does California Innovation Fund frequently co-invest with?

Amplo
North America, Texas, United States, Spring
Co-Investments: 1
Karman Ventures (fka Moving Capital)
North America, California, United States, Santa Monica
Co-Investments: 1
FundersClub
North America, California, United States, San Francisco
Co-Investments: 1
DN Capital
North America, California, United States, Menlo Park
Co-Investments: 1
Freeflow Ventures
North America, California, United States, Pasadena
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
F
Europe, Bayern, Germany, Munich
Co-Investments: 1
Pioneer Fund
North America, California, United States, San Francisco
Co-Investments: 3
Unpopular Ventures
North America, California, United States, San Francisco
Co-Investments: 2
1984 Ventures
North America, California, United States, San Francisco
Co-Investments: 1

Which angels does California Innovation Fund often collaborate with?

Sunghwan Choi
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 1
CG
Europe, England, United Kingdom, London
Shared Deals: 1
KM
North America, California, United States, San Francisco
Shared Deals: 1
CP
North America, California, United States, San Francisco
Shared Deals: 1
VZ
North America, California, United States, Los Angeles
Shared Deals: 1
KW
North America, California, United States, Portola Valley
Shared Deals: 1
RL
North America, Oregon, United States, Bend
Shared Deals: 1
DJ
North America, New York, United States, New York
Shared Deals: 1
Deborah Liu
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by California Innovation Fund?

Cooler Heads

San Diego, California, United States

Cooler Heads develops a portable scalp cooling system designed for chemotherapy patients.

BiotechnologyHealth CareMedical Device
Series AJul 22, 2025
Amount Raised: $11,000,000
General Counsel AI

San Francisco, California, United States

General Counsel AI is web-based legal AI copilot for in-house counsel

Artificial Intelligence (AI)LegalLegal Tech
Series AMay 29, 2025
Amount Raised: $10,000,000
SixMap

Pasadena, California, United States

SixMap is an information technology company that offers attack surface management solutions to protect government and corporate enterprises.

Cyber SecurityInformation TechnologyNetwork SecuritySoftware
Series UnknownApr 25, 2025
Amount Raised: $7,000,000
MIIST Therapeutics

Alameda, California, United States

MIIST Therapeutics is a pulmonary drug delivery system and digital platform that enhances the science of inhaled drugs.

Health CareMedicalPharmaceutical
SeedFeb 5, 2025
Amount Raised: $7,000,000
Catena Biosciences

Berkeley, California, United States

Catena Biosciences is a biotechnology company that offers protein conjugation, building biologic structures, and medical research.

BiotechnologyLife Science
SeedMay 10, 2024
Amount Raised: $2,350,000
FreeWire Technologies

Newark, California, United States

FreeWire Technologies is a provider of ultrafast electric vehicle (EV) charging solutions that mitigate the impact on the grid.

Charging InfrastructureClean EnergyCleanTechElectric VehicleEnergy ManagementRenewable Energy
Series DJul 29, 2022
SixMap

Pasadena, California, United States

SixMap is an information technology company that specializes in the fields of network security, software, and cybersecurity.

Information TechnologyNetwork SecuritySoftware
Series AJul 7, 2022
Windfall

San Francisco, California, United States

Our mission is to change how organizations perceive and use people data.

AnalyticsComputerFinancial ServicesSoftware
Series AMay 17, 2022
Engage Bio

San Carlos, California, United States

Engage Bio transforms cancer cells into factories for immunotherapies.

BiotechnologyHealth CareTherapeutics
SeedMay 1, 2022
Amount Raised: $3,900,000
Synvivia

Berkeley, California, United States

Synvivia creates organisms that can be controlled with small molecules.

BiopharmaBiotechnologyClinical TrialsLife Science
Series UnknownNov 26, 2021