Blackhorn Ventures invests in early‑stage, capital‑efficient companies that build software‑centric, asset‑light solutions for large industrial sectors such as energy, construction, logistics and transportation. The firm focuses on enterprises that enable digitization and decarbonization, leveraging data, AI and digital infrastructure to improve efficiency, sustainability and national security. By backing founders with domain expertise, Blackhorn aims to accelerate the industrial impact of the fourth industrial revolution.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
Global
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
74.1%Canada
3.4%United Kingdom
3.4%Germany
1.7%Denmark
1.7%Other
1.7%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Seed → Series A
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Industrial Impact Fund II
Vintage 2024 • $150M