Avalanche

Blockchain, Cryptocurrency, Decentralized Platforms

Facts

HQ
Avalanche
Sectors
Blockchain, Cryptocurrency, Decentralized Platforms
Last fund
Avalanche VC Fund II, LP · 2022 SEC Form D
Funds raised
1 fund SEC Form D filings

Seattle’s ‘Third Act’: VCs Say Local Superstars Are Deep-Tech Startups Building Rockets, Geothermal Plants and Autonomous Vehicles

Two Seattle venture capitalists argue that the city’s next wave of superstar startups are already here but focus on deep tech—intelligent machines and physical products like rockets, geothermal plants and autonomous off-road vehicles—rather than pure software. They frame this shift as Seattle’s "Third Act," building on maritime/aerospace roots (Act I) and the software/cloud boom (Act II) to combine hardware and software using local infrastructure and talent.

Avalanche Energy Raises $40M Series A Led by Lowercarbon Capital and Hits 200 kV Fusion Milestone with Device Marty

Avalanche Energy, a Seattle-based micro-fusion startup, secured $40 million in a Series A funding round led by Lowercarbon Capital and announced a technology milestone operating its fusion device Marty at 200 kV. The company aims to develop small-scale fusion power with the potential for unlimited clean energy and plans to reach 300 kV within the next year.

Fund History

  1. Avalanche VC Fund II, LP 2022 SEC Form D