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California Technology Ventures

North America, California, United States, Pasadena

Description

California Technology Ventures, LLC (CTV) is a Pasadena, California-based venture capital firm with a strategic focus on early-stage technology and life science companies. Established to bridge the gap between innovative research and commercial viability, CTV primarily targets businesses poised for significant growth within these high-potential sectors. The firm's investment philosophy centers on identifying disruptive technologies and scientific breakthroughs that can address critical market needs.

CTV typically engages with companies in their Seed, Series A, and Series B funding rounds, indicating a preference for businesses that have moved beyond the conceptual stage but are still in the early phases of scaling. Their investment range is notably defined, with typical first cheques falling between $500,000 and $5,000,000. This range suggests a commitment to providing substantial initial capital to help portfolio companies achieve key developmental milestones, such as product development, market entry, or team expansion.

While specific details on their most recent activities are less publicly prominent, historical data indicates a focused portfolio. For instance, Crunchbase reports approximately 10 investments made by the firm, alongside around 3 reported exits. These figures suggest a selective investment approach, focusing on a manageable number of companies where they can potentially offer more hands-on support or leverage their network. Their historical presence in the Southern California innovation ecosystem underscores their role in fostering regional technological and scientific advancements.

Investor Profile

California Technology Ventures has backed more than 43 startups, with 0 new investments in the last 12 months alone. The firm has led 12 rounds, about 28% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, China.
  • Strong thematic focus on Health Care, Medical Device, Biotechnology.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series B (23%)
  • Series A (19%)
  • Series C (16%)
  • Series D (12%)
  • Series Unknown (12%)
  • Series F (7%)
  • Seed (5%)
  • Secondary Market (2%)
  • Debt Financing (2%)
  • Series E (2%)

Country Focus

  • United States (98%)
  • China (2%)

Industry Focus

  • Health Care
  • Medical Device
  • Biotechnology
  • Medical
  • Software
  • Manufacturing
  • Gaming
  • Health Diagnostics
  • Life Science
  • Cloud Management
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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 Technology Ventures frequently co-invest with?

New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 4
Psilos Group
North America, New York, United States, New York
Co-Investments: 4
Pelion Venture Partners
North America, Utah, United States, Salt Lake City
Co-Investments: 3
Aphelion Capital
North America, Colorado, United States, Littleton
Co-Investments: 6
Research Corporation Technologies
North America, Arizona, United States, Tucson
Co-Investments: 4
IV
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 3
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 3
RC Capital
North America, Ohio, United States, Cincinnati
Co-Investments: 4
Azure Capital Partners
North America, California, United States, San Francisco
Co-Investments: 5
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 3

Which angels does California Technology Ventures often collaborate with?

Shared Deals: 1
JY
North America, California, United States, Los Angeles
Shared Deals: 1
CC
North America, California, United States, San Jose
Shared Deals: 1
KC
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
TF
North America, California, United States, San Jose
Shared Deals: 1

What are some of recent deals done by California Technology Ventures?

Motive

San Francisco, California, United States

Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.

Artificial Intelligence (AI)Business IntelligenceCloud Data ServicesFleet ManagementLogisticsSaaSSoftwareTransportation
Series FMay 25, 2022
Amount Raised: $150,000,000
Forte

San Francisco, California, United States

Forte is an economic technology for games that powers NFTs and rich token economies.

BlockchainDeveloper PlatformeSportsGamingVideo Games
Series BNov 12, 2021
Amount Raised: $725,000,000
Rally

San Francisco, California, United States

Rally provides a blockchain platform for the development of video streaming and gaming apps.

AppsBlockchainVideo Streaming
Series UnknownJan 19, 2021
AIVITA Biomedical

Irvine, California, United States

AIVITA Biomedical is is a medicine company develops commercial and clinical stage programs utilizing curative and regenerative medicines.

BiotechnologyManufacturingMedical
Series BDec 29, 2020
Amount Raised: $25,000,000
MakerDAO

Santa Cruz, California, United States

Maker is a decentralized autonomous organization on the Ethereum blockchain.

Big DataBitcoinBlockchainCryptocurrencyDecentralized Finance (DeFi)Financial ServicesSecurity
Secondary MarketApr 26, 2019
Amount Raised: $25,000,000
MariaDB

Redwood City, California, United States

MariaDB is an open-source database management system that provides a solution for cloud management and deployment.

Cloud ManagementDatabaseEnterprise SoftwareOpen SourceSoftwareTechnical Support
Series CSep 29, 2017
Amount Raised: $27,000,000
OrthAlign

Aliso Viejo, California, United States

OrthAlign is a privately-held medical device company providing healthier and more pain-free lifestyles to joint replacement patients.

BiotechnologyHealth CareHealth DiagnosticsMedicalMedical DeviceNavigation
Series DSep 27, 2017
Amount Raised: $10,000,000
Gamevice

Simi Valley, California, United States

Gamevice turns the iPad into a badass portable gaming machine.

Developer ToolsGamingMobile DevicesVideo Games
Series AMay 31, 2017
Amount Raised: $12,500,000
AIVITA Biomedical

Irvine, California, United States

AIVITA Biomedical is is a medicine company develops commercial and clinical stage programs utilizing curative and regenerative medicines.

BiotechnologyManufacturingMedical
Series AJun 6, 2016
Amount Raised: $2,007,667
Spine Wave

Shelton, Connecticut, United States

Spine Wave engages in developing and marketing medical devices for the treatment of spinal disorders.

Emergency MedicineHealth CareManufacturingMedical DevicemHealth
Series FMay 31, 2016
Amount Raised: $11,000,000