/

Investors / United States / ATEL Ventures

ATEL Ventures

Investor · San Francisco, CA, United States · North America

atel.com

ATEL Ventures is the venture lending arm of ATEL Capital Group, providing debt financing to high-growth companies. It offers venture debt intended to let companies scale without diluting equity.

Invests inAI & Machine LearningIndustrial & Manufacturing

In its own wordsventure debtequipment financinggrowth capitalbiotechmanufacturing

Your fit with ATEL Ventures

Four questions about your startup

See how your round matches what it backs, point by point.

Or find every investor that fits
82portfolio companies
1funding rounds on record1 led
1rounds, last 12 months
$5M to $20Mtypical round it comes in at

ATEL Ventures lists 82 checked portfolio companies on its own site and is named in 1 funding round, 1 of them as lead. Its largest themes are AI & Machine Learning (30%), Industrial & Manufacturing (16%) and Healthcare & Biotech (12%). 86% of its companies are based in United States. It invests most often alongside Andreessen Horowitz, NEA and Y Combinator.

Counts come from funding rounds that name ATEL Ventures, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.

Round figures show recent activity, not ATEL Ventures' whole history. Rounds on record name 1 company; its own site lists 82. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Entry stage

share of companies by the stage of its first round

ATEL Ventures does not state its stages on its site, so only what it does is shown.

The rounds that name ATEL Ventures do not give a stage.

Activity by year

rounds it joined, last 10 years
Show as a table
Funding rounds per year
TotalRounds it led
'1700
'1800
'1900
'2000
'2100
'2200
'2300
'2400
'2500
'2611

Investor profile

percentile among all firms
Portfolio size: 82 companiesRecent activity: 1 rounds in 12 monthsEarly stage: 0% of entries at pre-seed or seedEvidence: 1% of companies confirmed by a roundSector focus: 30% in its largest sectorReach: 8 countriesPortfolio size93th pctRecent activity59th pctEarly stage54th pctEvidence53th pctSector focus51th pctReach91th pct
This firmMedian of all firms
Show as a table
ATEL Ventures compared with all firms
MeasurePercentile of all firmsValue
Portfolio size93th82 companies
Recent activity59th1 rounds in 12 months
Early stage54th0% of entries at pre-seed or seed
Evidence53th1% of companies confirmed by a round
Sector focus51th30% in its largest sector
Reach91th8 countries

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
AI & Machine Learning30%18%
Industrial & Manufacturing16%7%
Healthcare & Biotech12%15%
Education9%7%
Enterprise Software5%8%
Space & Defense4%3%
Mobility & Logistics4%1%
Cybersecurity4%4%

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
Andreessen Horowitz6
NEA6
Y Combinator6
CSC Upshot5
Western Technology Investment5
Abstract3
BMW i Ventures3
DCVC3

All co-investors

Its portfolio companies

where they are based, and what their own sites show

Headquarters

Site status

  • Site answers7693%
  • No longer answers00%
  • Points to another company67%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Co-investor network

who it backs companies with, and who they back together
373 shared companies103 shared companies42 shared companies40 shared companies36 shared companies36 shared companies32 shared companies28 shared companies27 shared companies24 shared companies22 shared companies20 shared companies19 shared companies19 shared companies16 shared companies15 shared companies14 shared companies14 shared companies11 shared companies11 shared companies9 shared companies9 shared companies7 shared companies7 shared companiesAndreessen Horowitz: 6 shared companiesAndreessen Horowitz6NEA: 6 shared companiesNEA6Y Combinator: 6 shared companiesY Combinator6CSC Upshot: 5 shared companiesCSC Upshot5Western Technology Investment: 5 shared companiesWestern Technology In…5Abstract: 3 shared companiesAbstract3BMW i Ventures: 3 shared companiesBMW i Ventures3DCVC: 3 shared companiesDCVC3Fifty Years: 3 shared companiesFifty Years3Hemisphere Ventures: 3 shared companiesHemisphere Ventures3IQT: 3 shared companiesIQT3Soma Capital: 3 shared companiesSoma Capital3
Shared portfolio companies with ATEL VenturesFirms that also back companies together

All co-investors or Compare portfolios with Andreessen Horowitz

Compare ATEL Ventures head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Recent portfolio activity

when companies last raised with ATEL Ventures
DateCompanyStage
2 Apr 2026Carbon Upcyclingcarbonupcycling.comDebt Led

Round details for ATEL Ventures

Amounts, full round histories and every co-investor in ATEL Ventures' rounds are on Fundup AI. VCinfo covers investors and their portfolios.

See rounds on Fundup AI →

Portfolio

82 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
Aspen Aerogelsaerogel.com · United StatesAspen Aerogels produces and sells aerogel-based insulation products for various industries, including energy and transportation.
Industrial & ManufacturingEducation
Portfolio page
Alice&Bobalice-bob.com · FranceAlice & Bob is building the first universal quantum computer
Robotics & HardwareAI & Machine Learning
Portfolio page
Apeelapeel.com · United StatesApeel develops a plant-based protection for fresh fruits and vegetables to extend their shelf life and reduce waste.
Food & Agriculture
Portfolio page
ARRISarriscomposites.com · United StatesThe company produces carbon fiber parts for various industries, including drones, aerospace, cycling, and consumer products.
AI & Machine LearningAI & Machine Learning
Portfolio page
ASMLasml.com · NetherlandsASML enables the world’s leading chipmakers to produce the microchips that power today’s world.
Industrial & Manufacturing
Portfolio page
Astranisastranis.com · United StatesAstranis designs, manufactures, tests, and operates geostationary orbit satellites for commercial and government customers.
Space & DefenseAI & Machine Learning
Portfolio page
AudienceScienceaudiencescience.com · United StatesAudienceScience provides an enterprise advertising management system for global advertisers
Media & EntertainmentEnterprise Software
Portfolio page
Axcientaxcient.com · United StatesAxcient provides business continuity and disaster recovery solutions to protect client data and prevent business interruptions.
CybersecuritySpace & Defense
Portfolio page
Axogenaxogeninc.com · United StatesAxogen delivers technologies to help empower the restoration of peripheral nerve function.
Healthcare & Biotech
Portfolio page
bloom energybloomenergy.com · United StatesBloom Energy provides onsite energy solutions, including power generation and distribution systems, to various industries.
EducationHealthcare & Biotech
Portfolio page
Blue River Technologybluerivertechnology.com · United StatesBlue River Technology creates intelligent machinery that solves challenges for customers, including a solution that uses computer vision and machine learning to distinguish crops from weeds.
AI & Machine LearningAI & Machine Learning
Portfolio page
Boingo Wirelessboingo.com · United StatesBoingo designs and deploys wireless networks that power everything from small businesses to some of the world’s most complex, high-demand environments
Healthcare & BiotechIndustrial & Manufacturing
Portfolio page
Bowery Farmingboweryfarming.com · United StatesThe company grows produce indoors near cities using tech-powered farms
AI & Machine LearningAI & Machine Learning
Portfolio page
Carbon Upcyclingcarbonupcycling.com · CanadaCarbon Upcycling converts locally sourced industrial byproducts into clean, high-quality cementitious materials
Industrial & ManufacturingClimate & Energy
Apr 2026DebtPage + round
Cedar Point Communicationscedarpointcom.comCedar Point Communications develops and provides integrated switching platforms for voice and multimedia services to cable, wireline, and wireless operators
Media & EntertainmentConsumer
Portfolio page
Charge Roboticschargerobotics.com · United StatesCharge Robotics automates the assembly and installation of solar panels
Robotics & HardwareSpace & Defense
Portfolio page
Chelsio Communicationschelsio.com · United StatesChelsio Communications produces Ethernet solutions and adapters for various applications
Human ResourcesHuman Resources
Portfolio page
ClearMotionclearmotion.comClearMotion develops and manufactures advanced suspension systems for vehicles
Mobility & LogisticsIndustrial & Manufacturing
Portfolio page
CloudTruckscloudtrucks.com · United StatesCloudTrucks provides trucking solutions for drivers and shippers, including load booking, cash flow management, and compliance tools
Mobility & Logistics
Portfolio page
CytomXcytomx.com · United StatesCytomX is a clinical-stage biopharmaceutical company researching and developing therapies to treat cancer.
Healthcare & Biotech
Portfolio page

About this data

site last read 12 Nov 2026
The homepage of ATEL Ventures, as last read
atel.com as VCinfo last read it
Site
atel.com
Last read
12 Nov 2026
Watching since
8 Nov 2026
Rounds since
2 Apr 2026
Companies checked
82

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

How we grade the data

Free account · no card

Get ATEL Ventures' profile as data

Pull ATEL Ventures' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.

Work email, sign-in link by email. Already have an account? Log in
  • Ask AI5 plain-English investor searches a day
  • Full listsEvery portfolio row and two-firm overlap
  • API and MCP100 REST or MCP calls a month, one key
  • AlertsFollow 5 investors for portfolio and fund changes
VCinfo API
$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/atel.com

# also
GET /v1/firms/atel.com/portfolio
GET /v1/firms/atel.com/coinvestors
GET /v1/firms/atel.com/news
The same data as an MCP server for Claude, Cursor and other AI tools. Set up MCP · Docs · Pricing