MA

Max Altman

North America, Texas, United States, Austin

Description

Max Altman is the Managing Partner at Apollo Projects, a venture capital firm based in Austin, United States, specializing in early-stage investments. The firm primarily targets pre-seed and seed-stage companies that are developing groundbreaking technologies across various frontier sectors. Apollo Projects focuses on areas such as artificial intelligence, biotechnology, climate solutions, and other deep technology innovations, aiming to be among the first institutional investors to back ambitious founders.

Altman brings a wealth of experience in the startup ecosystem to his role. Prior to co-founding Apollo Projects, he served as a Partner at Altman Capital. Significantly, his background includes a tenure as a Group Partner and Visiting Partner at Y Combinator, one of the world's most prestigious startup accelerators. This experience provided him with deep insights into identifying and nurturing high-potential early-stage companies, as well as a robust network within the tech and venture capital communities. His involvement at Y Combinator underscores his commitment to supporting foundational innovation from its earliest stages.

Apollo Projects' investment strategy is characterized by its focus on providing initial capital to nascent ventures. The firm explicitly states its typical first check size, ranging from $250,000 to $1,000,000. This positions Apollo Projects as a crucial early-stage investor, often providing the foundational capital that enables startups to develop their initial product, build their team, and achieve key milestones before larger funding rounds. The firm prides itself on being a hands-on partner, leveraging its expertise and network to support portfolio companies through their growth trajectory.

The firm's portfolio reflects its commitment to frontier technology, featuring companies that are pushing boundaries in their respective fields. Notable investments include companies like Varda Space Industries, which is developing in-space manufacturing capabilities, and Hadrian, focused on advanced manufacturing for aerospace and defense. These investments highlight Apollo Projects' appetite for capital-intensive, high-impact ventures that have the potential to redefine industries. Max Altman's leadership at Apollo Projects continues to solidify its reputation as a key player in the early-stage deep tech investment landscape.

Investor Profile

Max Altman has backed more than 22 startups, with 3 new investments in the last 12 months alone. The firm has led 5 rounds, about 23% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom.
  • Strong thematic focus on Software, FinTech, Financial Services.
  • Led 1 rounds in the past year.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (45%)
  • Series A (32%)
  • Series B (14%)
  • Series Unknown (9%)

Country Focus

  • United States (95%)
  • United Kingdom (5%)

Industry Focus

  • Software
  • Fintech
  • Financial Services
  • E-commerce
  • Finance
  • Health Care
  • Artificial Intelligence (Ai)
  • Marketing
  • Logistics
  • Environmental Consulting
circle-line
FAQ

Frequently Asked Questions

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

Who does Max Altman frequently co-invest with?

9Yards Capital
North America, California, United States, San Francisco
Co-Investments: 1
Second Century Ventures
North America, Illinois, United States, Chicago
Co-Investments: 2
137 Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Quiet Capital
North America, California, United States, San Francisco
Co-Investments: 2
Craft Ventures
North America, California, United States, San Francisco
Co-Investments: 2
BoxGroup
North America, New York, United States, New York
Co-Investments: 2
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Max Altman often collaborate with?

MC
North America, California, United States, San Francisco
Shared Deals: 2
LG
North America, California, United States, San Francisco
Shared Deals: 3
DF
North America, California, United States, Penngrove
Shared Deals: 3
PC
North America, California, United States, San Francisco
Shared Deals: 2
NR
North America, California, United States, San Francisco
Shared Deals: 2
RP
North America, California, United States, San Francisco
Shared Deals: 2
JA
North America, California, United States, San Francisco
Shared Deals: 7
SA
North America, California, United States, San Francisco
Shared Deals: 8
EG
North America, California, United States, San Francisco
Shared Deals: 2
IA
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Max Altman?

Coco

Santa Monica, California, United States

A last-mile delivery service that deploys human-operated sidewalk robots to transport goods from merchants to their customers

E-CommerceFood DeliveryLogisticsRobotics
Series BJun 11, 2025
Amount Raised: $80,000,000
Campus

New York, New York, United States

Campus is an online college offering accredited associate degrees with live classes, flexible schedules, and personalized support.

EdTechEducationHigher Education
Series BMar 20, 2025
Amount Raised: $46,000,000
Icon

New York, New York, United States

Icon (icon.me) is the AI Admaker. Funded by Peter Thiel’s Founders Fund, Saquon Barkley (NFL) & execs of OpenAI, Ramp, Cognition, & Pika.

AdvertisingArtificial Intelligence (AI)Content CreatorsInternetMarketingSoftware
Series UnknownFeb 4, 2025
Slope

San Francisco, California, United States

Slope is a B2B financial platform that offers a variety of payment alternatives while being paid immediately.

E-CommerceFinanceFinancial ServicesFinTech
Series UnknownJul 17, 2024
Amount Raised: $15,000,000
Yuzu Health

New York, New York, United States

Automating health plan administration

Health CareHealth InsuranceSoftware
SeedOct 31, 2023
Amount Raised: $5,000,000
Slope

San Francisco, California, United States

Slope is a B2B financial platform that offers a variety of payment alternatives while being paid immediately.

E-CommerceFinanceFinancial ServicesFinTech
Series ASep 27, 2023
Amount Raised: $30,000,000
Uncommon

Cambridge, Cambridgeshire, United Kingdom

Uncommon is about providing with that juicy, tender, and delicious meat they love but without harming their health, planet, and animals.

BiotechnologyFood and BeverageFood ProcessingLife Science
Series AJun 8, 2023
Amount Raised: $30,000,000
Chroma

San Francisco, California, United States

Chroma operates as an AI-native open-source embedding database.

Artificial Intelligence (AI)DatabaseSoftware
SeedApr 6, 2023
Amount Raised: $18,000,000
Trek Health

San Mateo, California, United States

Trek Health builds foundational software that empowers mental health providers.

Health CareInformation TechnologyMental HealthSoftware
SeedSep 9, 2022
Amount Raised: $2,700,000
Owner

Palo Alto, California, United States

Owner.com develops a digital marketing platform to help restaurants generate revenue and manage their online presence.

MarketingRestaurantsSales AutomationSoftware
Series AMar 3, 2022
Amount Raised: $15,000,000