About AFWERX
AFWERX is a venture capital firm founded in 2017. It is primarily based out of Washington, DC, United States. As of May 2026, AFWERX is an active investor, having invested in 8 companies, with 3 new investments in the last 12 months. It primarily invests in Grant (prize money) round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Grant (prize money) round of Virtuix Omni Overall, AFWERX portfolio has seen 1 IPO and 1 acquisition, namely Virtuix Omni and SimX. A lot of funds co-invest with AFWERX, with names like Central Texas Angel Network sharing a substantial percentage of its portfolio. AFWERX has team of 12 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Grant (prize money) & Series B
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
AFWERX's List of Top Investments
AFWERX has a portfolio of 8 companies. Their most notable investments include Rise Robotics and Virtuix Omni.Their portfolio spans across and United States. They have invested in High Tech, Enterprise Applications, Life Sciences and 5 other sectors, across stages such as Grant (prize money), Series B stages. Here is the list of top investments by AFWERX:Developer of Beltdraulic technology for efficient linear actuation and industrial machine applications. It specializes in creating alternatives to traditional hydraulic systems, focusing on efficiency and sustainability. Its technology is compatible with various power sources, including diesel, electric, and hydrogen, optimizing performance for both electric rotary drive and linear actuation. The company offers tailored, collaborative solutions designed to meet requirements traditionally necessitating hydraulic systems.
Key facts about Rise Robotics
- Founded Year: 2012
- Location: Boston (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $26.3M
- Employee Count: 20 as on Oct 24, 2025
- Investors: Eclipse, Project 11 Ventures and 10 Others
- Latest Funding Round: Series B, Aug 27, 2025, $*****
- Highlight: Editors' Pick
2. Virtuix Omni
Provider of a treadmill for moving freely and naturally in a VR game. The motion-sensing treadmill allows users to stand up and traverse virtual worlds with the natural use of their own feet. The base of the Omni is a grooved, low-friction surface. It also offers special pinned shoes to keep the foot stabilized and prevent lateral sliding.
Key facts about Virtuix Omni
- Founded Year: 2013
- Location: Austin (United States)
- Annual Revenue: $1M - $10M as on Mar 31, 2024
- Stage: Public
- Total Funding till date: $44.7M
- Employee Count: 54 as on Jun 11, 2025
- Investors: Western Technology Investment, 2020 Ventures and 17 Others
- Latest Funding Round: Grant (prize money), May 28, 2026, $*****
- Highlight: Public
3. SimX
Provider of a VR-based medical simulation training platform. It offers a VR training platform for emergency medical services, nursing, and the military. It allows users to customize the class, provide reports to track performance, and others.
Key facts about SimX
- Founded Year: 2013
- Location: Mountain View (United States)
- Stage: Acquired
- Total Funding till date: $2.82M
- Employee Count: 87 as on May 31, 2026
- Investors: AFWERX and Air Force
- Latest Funding Round: Grant (prize money), Oct 08, 2024, $*****
- Highlight: Acquired
Key facts about Delta Development Team
- Founded Year: 2018
- Location: Tucson (United States)
- Stage: Series A
- Total Funding till date: $1.32M
- Employee Count: 29 as on Mar 31, 2026
- Investors: Arizona Tech Investors, AFWERX and 5 Others
- Latest Funding Round: Series A, Aug 04, 2025, $*****
Key facts about Circle Optics
AFWERX's Year-on-Year Investment Trends
AFWERX has invested in 8 companies over the last 3 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 3 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Virtuix Omni.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 3 | 0 | 3 |
2023 | 1 | 0 | 1 |
AFWERX's Investments by Stage
AFWERX has made 7 investments in Grant (prize money) stage with an average round size of $4.13M and 1 investment in Series B stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 7 |
Series B | 1 |
Note: We have considered here, only first round of investments
AFWERX's Investments by Sector
AFWERX has a diverse portfolio, with companies operating in the High Tech, AR VR - Industry Applications, Consumer Goods, Enterprise Applications and Gaming. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies, 3 Tech hardware companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 4 |
AR VR - Industry Applications | 2 |
Consumer Goods | 1 |
Enterprise Applications | 1 |
Gaming | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
AFWERX's Investments by Geography
AFWERX has made most investments in United States (7).AFWERX's recent investments
AFWERX has made 1 investments in 2026 so far - Virtuix Omni.Here are the most recent investments by AFWERX:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 28, 2026 | United States | Grant (prize money) | 4691 | - | |
Aug 27, 2025 | United States | Series B | 8722 | - | |
Aug 04, 2025 | United States | Grant (prize money) | 4460 | - | |
Mar 13, 2025 | - | Grant (prize money) | 5055 | ||
Oct 08, 2024 | United States | Grant (prize money) | 2386 | - |
IPOs and Publicly Listed companies in AFWERX's Portfolio
1 of AFWERX's portfolio company became public - Virtuix Omni. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2026.Here are AFWERX's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2026 | May 28, 2026 | Grant (prize money) | 2174 |
Acquired companies in AFWERX's Portfolio
1 company from AFWERX's portfolio has been acquired. The most recent acquisition was SimX in Nov 2024 by Madison Industries for $*****.Here are AFWERX's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 18, 2024 | Oct 08, 2024 | Grant (prize money) | 1666 |
Team profile of AFWERX
AFWERX has a team of 12 members including 1 Venture Partner and 1 Principal located in United States. AFWERX's team does not sit on the board of any company as of now.Co-investors of AFWERX
Over the past 3 years, 24 investors have co-invested in AFWERX's portfolio companies. This includes funds and angels.
- Invested before AFWERX: Engine, Right Side Capital Management and 16 others have invested in rounds before AFWERX. There is 1 company where Engine has invested before AFWERX and 1 company where Right Side Capital Management has invested before AFWERX.
- Top Co-investors of AFWERX: 5 investors entered a company along with AFWERX. These include investors like Central Texas Angel Network (1 company).
- Invested after AFWERX: Solyco Capital (1 company) is the only investor which has invested in AFWERX's portfolio after their investments.
Recent News related to AFWERX
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Virtuix secures US Air Force funding for Virtual Terrain Walk platformHolography•May 28, 2026•AFWERX, Virtuix Omni, SBIR
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Interlune Receives Air Force Contract to Increase Domestic Supply of Helium-3PR Newswire•Nov 19, 2025•Interlune, AFWERX
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GrayMatter Robotics Awarded AFWERX Contract for Advanced Robotic Finishing SystemRoboticstomorrow•Oct 27, 2025•AFWERX, GrayMatter Robotics
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DEWM Advances Low-Cost Radar Target Technology with New C-Band System and X-Band Project Wineverything RF•Oct 13, 2025•AFWERX, DEWM
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CHAOS Industries Awarded AFWERX TACFI Funding to Advance Next-Generation Radar CapabilitiesBusiness Wire•Sep 17, 2025•CHAOS Industries, AFWERX
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NANO Nuclear Energy Awarded AFWERX Contract for KRONOS MMR™ at Joint Base Anacostia-BollingGlobeNewswire•Sep 02, 2025•Nano Nuclear, AFWERX
