Massive is a deep-tech venture capital firm founded in 2020 by Ari Newman and David Mandell, based in Boulder, Colorado. The firm invests in transformational companies at inflection points across the new space economy, data disruption, evolved energy, and cybersecurity, from Seed+ through Series B.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 6 prior). Their most common stage is series-a (42% of deals). Average disclosed round size is $21.1M (across 22 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Rybodyn | Seed | $10M | Mar 2026 |
 Simple AI | Seed | $14M | Feb 2026 |
 Ampaire | Series B | $19M | Jan 2026 |
 Icarus Robotics | Seed | $6.1M | Sep 2025 |
 FormlyAI | Seed | $2M | Sep 2025 |
 Unbound | Seed | $4M | May 2025 |
 Unbound | Seed | $4M | May 2025 |
 Ocient | Series B | $132M | Apr 2025 |
 Mast Reforestation | Series B | $25M | Feb 2025 |
 Operant | Series A | $10M | Sep 2024 |
| Ocient | Series B | $49.4M | Jan 2024 |
 Optera | Series A | $12M | Sep 2023 |
 Orbit Fab | Series A | $28.5M | Apr 2023 |
| Orbit Fab | Unknown | $28.5M | Jan 2023 |
 Cledara | Series A | $20M | Sep 2022 |
| Cledara | Seed | $3.4M | Jan 2022 |
 DroneSeed | Series A | $36M | Sep 2021 |
 Upsie | Series A | $18.2M | May 2021 |
 Hosta AI | Series A | $11.5M | — |
 Unbound Security | Seed | — | — |
| OOptera Climate | Series A | $12M | — |
| HHosta | Series A | $11.5M | — |
 BuildPass | Seed | $7.5M | — |
 Cygnetise | Series A | — | — |
Top Co-Investors
Gaingels7 shared
Techstars5 shared
Y Combinator4 shared
Notion Capital3 shared
Wayfinder Ventures3 shared
Pioneer Fund3 shared
Alpha Square Group3 shared
SBXi3 shared
Nauta Capital2 shared
CommerzVentures2 shared
Awesome People Ventures2 shared
True Ventures2 shared
Seven Seven Six2 shared
Social Capital2 shared
8090 Industries2 shared
Industrious Ventures2 shared
Tribe Capital2 shared
Good Growth Capital2 shared
Stout Street Capital2 shared
Blackhorn Ventures2 shared
Last updated: 20 October 2026