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    Electric

    New York, New York, United States

    Several entities with "Electric" in their name engage in corporate venture investment. For instance, Schneider Electric, through its SE Ventures arm, focuses on investing in climate and industrial technology, with €1 billion in committed capital for electrification, digitization, and decarbonization. Similarly, Mitsubishi Electric's ME Innovation Fund invests in startups with innovative technologies and ideas, particularly within its 12 business domains and in digital and green innovation.

    35% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Average disclosed round size is $32.4M (across 23 rounds with reported amounts).

    Find people at Electric on Goldilocks AI

    Portfolio

    23

    Fund Size

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    AG

    Avichal Garg

    Co-Founder & General Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    23 investments
    CompanyRoundAmountDate
    Aven logoAvenSeries E$110MSep 2025
    Etherealize logoEtherealizeSeries B$40MSep 2025
    AAxelar FoundationUnknown$30MMar 2025
    Bluenote logoBluenoteSeries A$10MDec 2024
    HealthEx logoHealthExSeed$14MOct 2024
    Term Labs, Inc. logoTerm Labs, Inc.Seed$5.5MJul 2024
    LLayer3Series A$15MJun 2024
    Llama logoLlamaSeed$6MNov 2023
    Fordefi logoFordefiSeed$18MNov 2022
    IImmunefiSeries A$24MSep 2022
    Magic Eden logoMagic EdenSeries B$130MJun 2022
    Paper logoPaperSeed$7.3MMay 2022
    Tonic logoTonicSeed$5MApr 2022
    Zeta Markets logoZeta MarketsStrategic$8.5MDec 2021
    AAnoma FoundationUnknown$26MNov 2021
    Saddle logoSaddleSeries A$7.5MNov 2021
    IImmunefiSeed$5.5MOct 2021
    Celo logoCeloUnknown$20MFeb 2021
    Freightos logoFreightosSeries C$44.4MSep 2018
    Spruce logoSpruceSeries A$34M
    Osmosis logoOsmosisUnknown$36M
    LLayer3Seed$6.5M
    Aven logoAvenSeries D$142M

    Top Co-Investors

    Paradigm3 shared
    Polygon3 shared
    Framework Ventures2 shared
    Lattice2 shared
    Amber Group2 shared
    Maven 111 shared
    Y Combinator1 shared
    Okta1 shared
    SCB 10X1 shared
    BRV Capital1 shared

    Last updated: 12 April 2026