About Gates Frontier
Gates Frontier is a venture capital firm located in Denver, United States. As of Aug 2026, Gates Frontier is an active investor, having invested in 16 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Energy Tech. Most recently it participated in the $***** Series E round of LifeMine Therapeutics Overall, Gates Frontier portfolio has seen 1 unicorn, namely Field AI. A lot of funds co-invest with Gates Frontier, with names like Bezos Expeditions sharing a substantial percentage of its portfolio. Gates Frontier has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Seed & 5 more
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Gates Frontier's List of Top Investments
Gates Frontier has a portfolio of 16 companies, one of which is a Unicorn. Their most notable investments are in Pivotal Commware and Neurophos.Their portfolio spans across and United States. They have invested in High Tech, Life Sciences, Energy Tech and 10 other sectors, across stages such as Series B, Seed and 5 more. Here is the list of top investments by Gates Frontier:Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases. The lead candidate targets ACC for Nonalcoholic Steatohepatitis (NASH). The other drug candidate is an IRAK4 inhibitor used to target Tyk2 and KRas that mediates immune signaling.
Key facts about Nimbus Therapeutics
- Founded Year: 2009
- Location: Cambridge (United States)
- Stage: Series F
- Total Funding till date: $637M
- Employee Count: 99 as on Jun 30, 2026
- Investors: Bain Capital Life Sciences, BVF Partners and 20 Others
- Latest Funding Round: Series F, Sep 06, 2023, $*****
- Highlight: Editors' Pick
Developer of onsite linear power generators. It offers onsite linear power generators that can run on multiple fuels for commercial, industrial, microgrid, and utility customers.
Key facts about Mainspring Energy
- Founded Year: 2010
- Location: Menlo Park (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $739M
- Employee Count: 518 as on Jun 30, 2026
- Investors: Trinity Capital, Princeville Capital and 31 Others
- Latest Funding Round: Series F, Apr 14, 2025, $*****
- Highlight: Editors' Pick
3. CFS
Provider of tokamak nuclear fusion reactors. It uses rare-earth barium copper oxide in high-field superconducting magnets for the working of compact fusion reactors.
Key facts about CFS
- Founded Year: 2018
- Location: Cambridge (United States)
- Stage: Series C
- Total Funding till date: $4B
- Employee Count: 1,089 as on Jun 30, 2026
- Investors: DFJ Growth, Temasek and 68 Others
- Latest Funding Round: Series C, Jul 30, 2026, $*****
- Highlight: Editors' Pick

4. Cellares
Manufacturer of a medical device for cell-based therapy. The company offers Cell Shuttle integrates all the technologies required for the entire manufacturing process in a flexible and high-throughput platform that delivers true walk-away, end-to-end automation. It also, offers software suite for cell therapy modalities.
Key facts about Cellares
- Founded Year: 2019
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $682M
- Employee Count: 322 as on Jun 30, 2026
- Investors: T. Rowe Price, Baillie Gifford and 17 Others
- Latest Funding Round: Series D, Jun 15, 2026, $*****
- Highlight: Editors' Pick
5. Lumotive
Developer of programmable optics technology for 3D sensing and communications. The company's Light Control Metasurface technology enables manipulation of light for applications including industrial automation, smart environments, and autonomous vehicles. It offers products such as LCM chips, development kits, and reference systems. The technology also serves optical circuit switching and communications applications.
Key facts about Lumotive
- Founded Year: 2016
- Location: Bellevue (United States)
- Stage: Series B
- Total Funding till date: $72M
- Employee Count: 81 as on Jun 30, 2026
- Investors: Quan Funds, TSVC and 16 Others
- Latest Funding Round: Series B, Jul 22, 2025, $*****
- Highlight: Editors' Pick
Gates Frontier's Year-on-Year Investment Trends
Gates Frontier has invested in 16 companies over the last 4 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 6 investments, while as of Aug 2026, it has made 3 investments in this year. Its most recent first time investment was in LifeMine Therapeutics and most recent follow-on round was in LifeMine Therapeutics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 5 | 1 | 6 |
2024 | 0 | 0 | 0 |
2023 | 7 | 0 | 7 |
2022 | 1 | 0 | 1 |
Gates Frontier's Investments by Stage
Gates Frontier has made 5 investments in Series B stage with an average round size of $213M, 2 investments in Seed stage with an average round size of $6.15M and 2 investments in Series A stage with an average round size of $62.6M.Stage of entry | No. of Investments |
|---|---|
Series B | 5 |
Seed | 2 |
Series A | 2 |
Series D | 2 |
Series F | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Gates Frontier's Investments by Sector
Gates Frontier has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Energy Tech, Semiconductors and Environment Tech. Notably, it has invested in 15 Enterprise (B2B) companies, 15 Tech companies, 8 Tech hardware companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 8 |
Life Sciences | 6 |
Energy Tech | 4 |
Semiconductors | 4 |
Environment Tech | 3 |
Others | 10 |
Note: We have considered here, only first round of investments
Gates Frontier's Investments by Geography
Gates Frontier has made most investments in United States (15).Gates Frontier's recent investments
Gates Frontier has made 3 investments in 2026 so far. LifeMine Therapeutics and LifeMine Therapeutics are the latest among them.Here are the most recent investments by Gates Frontier:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | United States | Series E | 1408 | ||
Aug 06, 2026 | United States | Series D | 8905 | [+2] | |
Jan 28, 2026 | United States | Series D | 8453 | [+11] | |
Nov 26, 2025 | United States | Series A | 7449 | [+11] | |
Nov 24, 2025 | United States | Series A | 2571 |
Unicorns in Gates Frontier's Portfolio
Gates Frontier has 1 unicorn in its portfolio - Field AI. The most recent unicorn in their portfolio is Field AI which became a unicorn in 2025, 1 years before Gates Frontier first invested in it.Here is a list of unicorns in Gates Frontier's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Provider of AI-powered software brains that make robots autonomous | 2023 | Irvine | Series D | riisf{g |
Team profile of Gates Frontier
Gates Frontier has a team of 3 members including 3 Partners. Gates Frontier's team does not sit on the board of any company as of now.Here is a list of all team members in Gates Frontier:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Gates Frontier
Over the past 4 years, 245 investors have co-invested in Gates Frontier's portfolio companies. This includes funds and angels.
- Invested before Gates Frontier: Bill Gates, Khosla Ventures and 133 others have invested in rounds before Gates Frontier. There are 6 companies where Bill Gates has invested before Gates Frontier and 4 companies where Khosla Ventures has invested before Gates Frontier.
- Top Co-investors of Gates Frontier: 93 investors entered a company along with Gates Frontier. These include investors like Bezos Expeditions (2 companies).
- Invested after Gates Frontier: A total of 17 investors have invested in Gates Frontier's portfolio after their investments. Top Investors include Double Point Ventures (2 companies), ARK Investment Management (1 company) and Amazon Industrial Innovation Fund (1 company).
Recent News related to Gates Frontier
•
Lumotive Raises $45 Million To Expand Sales Of Programmable Optical SemiconductorsCIO Influence•Feb 20, 2025•Lumotive, Swisscom Ventures, Eastbridge Group, EDOM Technology and 13 others
