About Bare Metal Ventures
Bare Metal Ventures is a venture capital firm founded in 2025. It is primarily based out of San Francisco, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Enterprise Infrastructure. Overall, Bare Metal Ventures portfolio has seen 2 unicorns and 1 acquisition, namely FluidStack, Oxide Computer and DreamBigSemi. Bare Metal Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Portfolio Acquisitions
Portfolio Unicorns
Bare Metal Ventures' List of Top Investments
Bare Metal Ventures has a portfolio of 11 companies, including 2 unicorns. Their most notable investments include FluidStack and Oxide Computer.Their portfolio spans across United States, United Kingdom and Germany. They have invested in High Tech, Life Sciences, Enterprise Infrastructure and 8 other sectors. Here is the list of top investments by Bare Metal Ventures:
1. FluidStack
Provider of managed high performance computing clusters for artificial intelligence. These infrastructure resources facilitate large scale model training and inference tasks. The hardware is isolated at the network and storage levels to ensure dedicated access for computational workloads. Engineering support maintains the systems to ensure operational availability for technical teams.
Key facts about FluidStack
- Founded Year: 2017
- Location: New York City (United States)
- Annual Revenue: £50M - £100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $2.55B
- Employee Count: 473 as on Jul 31, 2026
- Investors: 7GC, Armyn Capital and 11 Others
- Latest Funding Round: Series B, Sep 05, 2026, $*****
- Highlight: Editors' Pick
Platform offering rack server to enterprises. The platform offers a rack server with software support that enables enterprises to manage the usage and insights of the storage. Members can integrate the rack server into the existing identity provider.
Key facts about Oxide Computer
- Founded Year: 2019
- Location: Emeryville (United States)
- Stage: Series D
- Total Funding till date: $378M
- Employee Count: 126 as on Aug 31, 2026
- Investors: Friends & Family Capital, Jane Street and 8 Others
- Latest Funding Round: Series D, Jul 20, 2026, $*****
- Highlight: Editors' Pick
3. DreamBigSemi
Key facts about DreamBigSemi
- Founded Year: 2019
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $75M
- Employee Count: 99 as on Aug 31, 2026
- Investors: Samsung Catalyst Fund, Samsung Venture Investment and 9 Others
- Latest Funding Round: Series B, Jul 16, 2024, $*****
- Highlight: Acquired
4. Callosum
AI infrastructure company providing systems-level software. It enable AI workloads to run efficiently across diverse chip architectures from various manufacturers, challenging the industry's reliance on homogeneous computing environments. It builds infrastructure where heterogeneous chips and intelligence co-evolve. The company focuses on systems, not models. It unifies disciplines to unlock heterogeneous scale, where chips and compute primitives give rise to systems of intelligence.
Key facts about Callosum
- Founded Year: 2025
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $110M
- Employee Count: 41 as on Aug 31, 2026
- Investors: Atomico, DCVC and 12 Others
- Latest Funding Round: Seed, Aug 20, 2026, $*****
- Highlight: Editors' Pick
5. Rivan
Manufacturer of synthetic fuels for industries. This process utilizes water electrolysis and carbon dioxide capture to produce methane. The resulting fuel serves as a drop-in replacement for conventional natural gas in industrial applications that cannot be powered by electricity. The production method integrates solar energy to facilitate the conversion of captured carbon and hydrogen into fuel.
Key facts about Rivan
- Founded Year: 2001
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $47.5M
- Employee Count: 57 as on Aug 31, 2026
- Investors: Tiny, IQ Capital and 18 Others
- Latest Funding Round: Series A, Apr 20, 2026, $*****
Unicorns in Bare Metal Ventures' Portfolio
Bare Metal Ventures has 2 unicorns in its portfolio - Oxide Computer and FluidStack. The most recent unicorn in their portfolio is Oxide Computer. It became a unicorn in 2026.Here is a list of unicorns in Bare Metal Ventures' portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Platform offering rack server to enterprises | 2019 | Emeryville | Series D | wesszvd | ||
70 | Provider of high performance computing infrastructure for artificial intelligence workloads | 2017 | New York City | Series B | zzcnxtf |
Acquired companies in Bare Metal Ventures' Portfolio
1 company from Bare Metal Ventures' portfolio has been acquired. The most recent acquisition was DreamBigSemi in Oct 2025 by Arm for $*****.Here are Bare Metal Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2025 | - | - | 8510 |
