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    40North

    New York, New York, United StatesFounded 2009
    standardindustries.com/our-businesses/standard-investmentsLinkedIn
    ManufacturingLogistics & Supply ChainClimate & EnergyInfrastructure & CloudConstruction

    40North is an early-to-growth stage venture capital firm and the investment platform of Standard Industries, focused on technology investments transforming the industrial sector including manufacturing, logistics, energy, and physical infrastructure. Founded by Standard Industries Co-CEOs David Millstone and David Winter, it operates a $200M+ venture fund.

    Average disclosed round size is $101.7M (across 16 rounds with reported amounts).

    Find people at 40North on Goldilocks AI

    Portfolio

    15

    Fund Size

    $200M

    Top Stage

    Series C

    Last 12 Mo

    0

    Team

    MW

    Marianne Wu

    Managing Director

    MV

    Marc van den Berg

    Venture Capitalist

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    17 investments
    CompanyRoundAmountDate
    VVerbit.aiSeed$250MNov 2021
    FTX logoFTXSeries B—Oct 2021
    Claroty logoClarotySeries C$140MJun 2021
    Asapp logoAsappSeries C$120MMay 2021
    Extend logoExtendSeries C$260MMay 2021
    Mainspring Energy, Inc. logoMainspring Energy, Inc.Series D$95MMay 2021
    Atlast Food Co. logoAtlast Food Co.Series A$40MApr 2021
    Mainspring Energy, Inc. logoMainspring Energy, Inc.Series D$95MJan 2021
    Figment logoFigmentSeries B$50MJan 2021
    Claroty logoClarotySeries D$400MJan 2021
    Fictiv logoFictivUnknown$35MJan 2021
    Menlo Micro logoMenlo MicroSeries B$44MOct 2020
    ZincFive, Inc. logoZincFive, Inc.Series C$13.1MMar 2020
    Extend logoExtendSeries C$17M—
    Extend logoExtendSeries C$20M—
    Superior Sensor Technology logoSuperior Sensor TechnologyUnknown$4.5M—
    MMenlo MicrosystemsSeries B$44M—

    Top Co-Investors

    Standard Industries4 shared
    Fidelity Investments4 shared
    10X Capital3 shared
    PayPal Ventures3 shared
    Meritech Capital3 shared
    Nationwide3 shared
    Launchpad Capital3 shared
    March Capital3 shared
    SoftBank Group Corp.3 shared
    Senator Investment Group3 shared
    Bill Gates3 shared
    Tomales Bay Capital2 shared
    FinTech Collective2 shared
    B Capital2 shared
    KCK2 shared
    Devonshire Investors2 shared
    ClearSky2 shared
    Equinor2 shared
    Khosla Ventures2 shared
    Chevron Technology Ventures2 shared

    Last updated: 7 October 2026