Skip to content
    Deepwater logo

    Deepwater

    Minneapolis, Minnesota, United StatesFounded 2017

    Deepwater Asset Management is a U.S.-based, research-driven early-stage venture capital firm that invests in transformative technologies like virtual reality, augmented reality, artificial intelligence, and robotics. Its strategy is long-term and growth-oriented, emphasizing fundamental analysis and valuation to identify disruptive businesses with strong future growth prospects.

    50% of their portfolio is in Healthcare. Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Their most common stage is seed (50% of deals). Average disclosed round size is $8.3M (across 4 rounds with reported amounts).

    Find people at Deepwater on Goldilocks AI

    Portfolio

    4

    Fund Size

    $457.7M

    Top Stage

    Seed

    Last 12 Mo

    1

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    4 investments
    CompanyRoundAmountDate
    IInfinity ConstellationSeries A$17MMay 2025
    CTGT, Inc. logoCTGT, Inc.Seed$7.2MFeb 2025
    Affineon Health logoAffineon HealthSeed$5MFeb 2025
    IIconic AIPre-Seed$4MJul 2024

    Top Co-Investors

    Y Combinator1 shared
    Atomico1 shared
    GPG Ventures1 shared
    Headwater1 shared
    BGV1 shared
    Signal Peak Ventures1 shared

    Last updated: 7 April 2026