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    Magnetar

    Evanston, Illinois, United StatesFounded 2005

    Magnetar Capital's venture investment focus is on early-to-growth stage generative AI startups, particularly those advancing AI models, infrastructure, and applications. Their strategy involves offering portfolio companies access to high-performance computing (GPU) resources through a partnership with CoreWeave, often in exchange for equity, rather than solely providing cash.

    62% of their portfolio is in AI. Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Average disclosed round size is $1127.0M (across 13 rounds with reported amounts).

    Find people at Magnetar on Goldilocks AI

    Portfolio

    13

    Fund Size

    $22B

    Top Stage

    Series B

    Last 12 Mo

    2

    Team

    AS

    Alan Shaffran

    Senior Portfolio Manager, Partner

    DD

    Devin Dallaire

    Head of Products, Quantitative Investing, Partner

    JP

    Jim Prusko

    Senior Portfolio Manager, Partner

    EF

    Erik Falk

    Investment Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    13 investments
    CompanyRoundAmountDate
    inKind logoinKindUnknown$450MFeb 2026
    Torus Inc. logoTorus Inc.Growth$200MSep 2025
    EEndera Corp.Unknown$49MFeb 2025
    CoreWeave logoCoreWeaveGrowth$7.5BMay 2024
    CoreWeave logoCoreWeaveSeries C$1.1BMay 2024
    CoreWeave logoCoreWeaveGrowth$2.3BAug 2023
    CoreWeave logoCoreWeaveSeries B$221MApr 2023
    CoreWeave logoCoreWeaveSeries C$100MDec 2022
    Enable Injections, Inc. logoEnable Injections, Inc.Series C$215MJan 2022
    CoreWeave logoCoreWeaveSeries B$50MNov 2021
    Activ Surgical logoActiv SurgicalSeries B$45MSep 2021
    CoreWeave logoCoreWeaveGrowth$2B
    CoreWeave logoCoreWeaveSeries B$421M

    Top Co-Investors

    Nvidia3 shared
    BlackRock2 shared
    Cota Capital1 shared
    GCM Grosvenor1 shared
    CDPQ1 shared
    Eldridge Industries1 shared
    Barclays1 shared

    Last updated: 15 April 2026