About Undeterred Capital
Undeterred Capital is a venture capital firm founded in 2020. It is primarily based out of Los Angeles, United States. As of Sep 2026, Undeterred Capital is an active investor, having invested in 11 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Food and Agriculture Tech. Most recently it participated in the $***** Seed round of Newlight A lot of funds co-invest with Undeterred Capital, with names like Humba Ventures sharing a substantial percentage of its portfolio. Undeterred Capital has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Undeterred Capital's List of Top Investments
Undeterred Capital has a portfolio of 11 companies. Their most notable investments are in circe and Mobius.Their portfolio spans across United States, Canada and United Kingdom. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 10 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Undeterred Capital:
1. Portal
Provider of cell engineering and cell analytics across research and clinical applications. The company's approach is for intracellular delivery, focused on accelerating advances enabled by the generation of RNA, gene editing, and molecular design technologies. The company's product suite is based on a proprietary mechanical delivery system capable of delivering many different types of cargo to a broad range of cell types.
Key facts about Portal
- Founded Year: 2023
- Location: Watertown (United States)
- Stage: Seed
- Total Funding till date: $25.7M
- Employee Count: 98 as on Jul 31, 2026
- Investors: 10X Capital, NFX and 7 Others
- Latest Funding Round: Seed, May 15, 2026, $*****
- Highlight: Editors' Pick
Provider of fish slaughtering robots. It offers key point inference and depth perception technologies to reduce fish waste for fishing industry.
Key facts about Shinkei Systems
- Founded Year: 2021
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $28.8M
- Employee Count: 65 as on Jul 31, 2026
- Investors: Founders Fund, Mantis VC and 12 Others
- Latest Funding Round: Series A, Jun 30, 2025, $*****
3. Parallel Bio
Key facts about Parallel Bio
- Founded Year: 2020
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $25.4M
- Employee Count: 23 as on Jul 31, 2026
- Investors: Atypical, Metaplanet and 9 Others
- Latest Funding Round: Series A, Jun 12, 2025, $*****
- Highlight: Editors' Pick
4. Mobius
Key facts about Mobius
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $3.74M
- Employee Count: 15 as on Jul 31, 2026
- Investors: Spero Ventures, REFASHIOND Ventures and 5 Others
- Latest Funding Round: Series A, Dec 16, 2025, $*****
Key facts about Index Biosystems
- Founded Year: 2019
- Location: Toronto (Canada)
- Stage: Seed
- Total Funding till date: $5M
- Employee Count: 10 as on Jul 31, 2026
- Investors: Vanedge Capital, Trailhead Capital and 7 Others
- Latest Funding Round: Seed, Jan 01, 2025, $*****
Undeterred Capital's Year-on-Year Investment Trends
Undeterred Capital has invested in 11 companies over the last 4 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 2 investments in this year. Its most recent first time investment was in Newlight and most recent follow-on round was in Portal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 0 | 4 |
2024 | 3 | 0 | 3 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
Undeterred Capital's Investments by Stage
Undeterred Capital has made 10 investments in Seed stage with an average round size of $6.01M and 1 investment in Series A stage with an average round size of $21M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 1 |
Note: We have considered here, only first round of investments
Undeterred Capital's Investments by Sector
Undeterred Capital has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Aerospace, Maritime and Defense Tech, Environment Tech and Food and Agriculture Tech. Notably, it has invested in 8 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 3 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 6 |
Enterprise Applications | 4 |
Aerospace, Maritime and Defense Tech | 2 |
Environment Tech | 2 |
Food and Agriculture Tech | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Undeterred Capital's Investments by Geography
Undeterred Capital has made most investments in United States (9), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 9 |
Canada | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Undeterred Capital's recent investments
Undeterred Capital has made 2 investments in 2026 so far - Newlight and Portal.Here are the most recent investments by Undeterred Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 02, 2026 | United States | Seed | 9172 | [+3] | |
May 15, 2026 | United States | Seed | 4776 | [+4] | |
Jul 24, 2025 | United States | Seed | 8006 | [+11] | |
Jul 23, 2025 | United States | Seed | 9120 | [+9] | |
Jun 12, 2025 | United States | Series A | 8878 | [+6] |
Team profile of Undeterred Capital
Undeterred Capital has a team of 4 members including 2 Partners located in United States. Undeterred Capital's team does not sit on the board of any company as of now.Co-investors of Undeterred Capital
Over the past 4 years, 93 investors have co-invested in Undeterred Capital's portfolio companies. This includes funds and angels.
- Invested before Undeterred Capital: Y Combinator, Pear VC and 9 others have invested in rounds before Undeterred Capital. There are 2 companies where Y Combinator has invested before Undeterred Capital and 1 company where Pear VC has invested before Undeterred Capital.
- Top Co-investors of Undeterred Capital: 73 investors entered a company along with Undeterred Capital. These include investors like Humba Ventures (2 companies).
- Invested after Undeterred Capital: A total of 9 investors have invested in Undeterred Capital's portfolio after their investments. Top Investors include NFX (1 company), TechU (1 company) and Interlagos (1 company).
Recent News related to Undeterred Capital
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Cascade Space Secures $5.9M Seed Funding for Space Communication Platformintelligence360•Aug 07, 2025•Cascade Space, Undeterred Capital, Y Combinator, Nova Threshold
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Portal Biotechnologies: Cell Engineering Platform Company Raises $7 Million (Seed)Pulse 2.0•Dec 24, 2024•Portal, IKJ Capital, Page One Ventures, Undeterred Capital and 2 others
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Portal Biotechnologies Announces Over 50 Partnerships and Oversubscribed $7M Seed Round Led by IA VenturesBusiness Wire•Dec 19, 2024•Portal, IA Ventures, Pear VC, Undeterred Capital and 2 others
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Circe Announces $5M Seed Round and Pilot PlantGlobeNewswire•Sep 12, 2024•circe, ReGen Ventures, Undeterred Capital, Ponderosa Ventures and 4 others
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Shinkei Announces $6 Million in Seed Funding for Sustainable Robotic Fish HarvestingPerishableNews.com•May 23, 2024•Shinkei Systems, 8VC, Impatient, Susa Ventures and 4 others
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Shinkei Raises $6M in Seed FundingFinSMEs•Apr 29, 2024•Shinkei Systems, Cantos Ventures, 8VC, Impatient and 5 others
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Richmond’s Mobius Materials raises $735K pre-seed roundThe Business Journals•Jun 07, 2023•Mobius, Undeterred Capital
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Mobius Materials Raises $735K In Additional Pre-Seed FundingFinSMEs•May 17, 2023•Mobius, Undeterred Capital, Trolley Ventures
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Chemistry automation startup CheMastery backed by Science Angel syndicateAngel News•Dec 16, 2022•cheMastery, Science Angel Syndicate, Elbow Beach Capital, Britbots and 11 others
