Piva Capital

2019

Founded

17

Investments

United States

Offices

Venture Fund

Investor Type

About

Piva Capital is a San Francisco-based venture capital firm established in 2019, focusing on transformative technologies across the energy, industrial, and materials sectors. Backed by Malaysian oil-and-gas giant Petronas, Piva operates independently, investing in early to growth-stage companies worldwide. The firm manages a $250 million fund, targeting companies at the intersection of scientific breakthroughs and mass market impact, aiming to redefine trillion-dollar markets.

Piva's investment areas include the future of industry and work (IoT, AI, robotics, automation), future of materials and production (specialty chemicals, resource efficiency, food and alternative proteins), and future of energy and mobility (energy transition, electrification, digitalization of mobility, smart cities). The team comprises domain experts with a global network in over 90 countries, assisting startups in accessing new markets and technical expertise. Notable portfolio companies include Boston Metal, Joywell Foods, and Pyka.

Portfolio Companies

Boston Metal, Joywell Foods, Pyka, Alloy Enterprises, INERATEC, Koloma, Lunar Energy, Malta, Inc., Menlo Micro, Novastus

Gepgraphic Focus

North America, Europe

Key Differentiators

Backed by Petronas, a global Fortune 500 energy company, Focus on transformative technologies across multiple sectors, Independent operation despite backing from a major corporation, Global network in over 90 countries, Invests in companies at the intersection of scientific breakthroughs and mass market impact

Thypical Investment Size

$5 million – $40 million

Total Funds Raised

$250 million

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Cybersecurity

IoT (Internet of Things)

Software

ClimateTech & CleanTech

Artificial Intelligence & Machine Learning (AI/ML)

Big Data & Analytics

San Francisco

Pre-Seed

Seed

Series A

United States