CapitalG is Alphabet's independent growth fund, founded in 2013 (formerly Google Capital). It invests capital and expertise to help remarkable leaders accelerate the growth of their businesses, focusing on growth-stage technology companies across multiple sectors.
Deal activity increased 100% year-over-year (20 deals in the last 12 months). Average disclosed round size is $283.6M (across 122 rounds with reported amounts).
Portfolio
79
Fund Size
—
Top Stage
Series D
Last 12 Mo
20
Team
Alli McKulla
Executive Business Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
148 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Pennylane SAS | Series E | $204M | Sep 2026 |
 Base Power | Series D | $1B | Aug 2026 |
 Hadrian | Series C | $260M | Aug 2026 |
 Hadrian | Series B | $117M | Aug 2026 |
 K2 Space | Series D | $500M | Jul 2026 |
 Neye | Series C | $80M | Apr 2026 |
 Axiomatic AI | Seed | $18M | Mar 2026 |
 Bedrock | Series B | $270M | Feb 2026 |
| OOdoo S.A. | Unknown | — | Jan 2026 |
| Base Power | Series D | $1B | Jan 2026 |
 AlphaSense | Series C | $350M | Jan 2026 |
| K2 Space | Series D | $500M | Jan 2026 |
 Baseten | Series E | $300M | Jan 2026 |
| Neye | Series C | $80M | Jan 2026 |
 AlphaSense | Growth | $100M | Jan 2026 |
| Bedrock | Series B | $270M | Jan 2026 |
 Kalshi | Series E | $1B | Dec 2025 |
| Kalshi | Growth | — | Dec 2025 |
 Mixx Technologies | Series A | $33M | Dec 2025 |
 Physical Intelligence | Growth | $600M | Nov 2025 |
 Armis | Growth | — | Nov 2025 |
 Webflow | Series D | $120M | Oct 2025 |
| PPoolside AI | Series C | $500M | Oct 2025 |
 Poolside | Series C | $500M | Oct 2025 |
| Armis | Series E | $200M | Oct 2025 |
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Top Co-Investors
Sequoia Capital43 shared
Alphabet Inc.33 shared
eCAPITAL Entrepreneurial Partners AG26 shared
T. Rowe Price17 shared
Y Combinator17 shared
Andreessen Horowitz17 shared
Battery Ventures16 shared
Iconiq Capital, LLC14 shared
Lightspeed Venture Partners14 shared
Redpoint Ventures13 shared
Altimeter Capital Management, LP12 shared
Thrive Capital12 shared
BOND12 shared
BoxGroup12 shared
Valor Equity Partners12 shared
Spark Capital12 shared
Greylock Partners11 shared
Meritech Capital11 shared
Index Ventures10 shared
DST Global10 shared
Last updated: 20 October 2026