Caffeinated Capital is an early-stage venture capital firm founded by Raymond Tonsing that leads seed and Series A rounds and invests throughout the life of technology companies. The firm is known for pioneering the single-partner fund model and backs founders across a wide range of sectors including software, defense, data science, and machine learning.
Deal activity increased 88% year-over-year (15 deals in the last 12 months). Average disclosed round size is $58.8M (across 168 rounds with reported amounts).
Portfolio
112
Fund Size
$400M
Top Stage
Series A
Last 12 Mo
15
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
183 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Federato | Series D | $100M | Sep 2026 |
 Hadrian | Series B | $117M | Aug 2026 |
| AAntares Nuclear | Series C | — | Jul 2026 |
| SSea12 Technologies | Series A | $25M | Jun 2026 |
| NNeion | Series A | $23M | Jun 2026 |
| AAdvanced Manufacturing Company of America | Series B | $300M | May 2026 |
 Matia | Series A | — | Feb 2026 |
 Matia | Series A | $21M | Feb 2026 |
 Matia | Series A | $21M | Feb 2026 |
 Saronic Technologies | Series D | $1.8B | Jan 2026 |
 Twenty | Series B | $38M | Jan 2026 |
 Neion Bio | Series A | $23M | Jan 2026 |
| SSea12 Technologies | Series A | $25M | Jan 2026 |
 Bobyard | Series A | $35M | Dec 2025 |
 Antares | Series B | $96M | Dec 2025 |
| Antares | Series C | $96M | Dec 2025 |
| AAntares Nuclear | Unknown | $96M | Dec 2025 |
 Federato AI | Series D | $100M | Nov 2025 |
 Seneca | Series B | $60M | Oct 2025 |
 Aven | Series E | — | Sep 2025 |
 Varda | Series C | $187M | Jul 2025 |
| VVarda Space Industries | Series C | $187M | Jul 2025 |
 Stately Bio | Seed | $12M | May 2025 |
| AAdvanced Manufacturing Company of America | Unknown | $76.5M | Apr 2025 |
 Saronic Technologies | Series C | $600M | Feb 2025 |
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Top Co-Investors
Founders Fund30 shared
General Catalyst24 shared
Y Combinator24 shared
Khosla Ventures22 shared
SciFi VC18 shared
Andreessen Horowitz17 shared
Lux Capital16 shared
8VC15 shared
Pear VC12 shared
Emergence Capital11 shared
BoxGroup10 shared
Basis Set Ventures10 shared
Initialized Capital8 shared
Felicis8 shared
StepStone Group8 shared
Kleiner Perkins7 shared
Shrug Capital7 shared
Leaders Fund7 shared
Secret Chord Ventures7 shared
Thrive Capital6 shared
Last updated: 7 October 2026