CapitalG

Activity from announced rounds

Activity in this selectionUnited States · Oct 23, 2026 · Jan 1, 2026

CapitalG is Alphabet’s independent growth fund, investing in technology businesses and connecting founders with expertise from Google and the wider Alphabet organisation.

CapitalG’s sole limited partner is Alphabet. Its portfolio relationships can draw on Google capabilities such as DeepMind technical expertise and the commercial reach of Search, Cloud and YouTube, as well as introductions for strategic partnerships.

Its investment scope extends from enterprise software and AI infrastructure into robotics, construction automation, optical networking and energy systems. The firm publishes investment perspectives explaining the technical and commercial theses behind these areas.

Sources
Rounds participated in
13
Confirmed lead rounds
1
7 roles undisclosed
New companies
13
First participation on record · 0 follow-on
Funding in participating rounds
$20.6B
12 disclosed · full round size, not this investor’s share

By stage

Series C+9
Series B2
Undisclosed2

By primary sector

AI4
Developer tools2
Climate tech1
Defense tech1
Fintech1
4 more
Hardware1
Mobility1
Proptech1
Space tech1

By country

United States13

Rounds

13 in this selection
Supabase

Provides an open source Postgres platform with databases, authentication, storage and application backend services.

UndisclosedFunding round
Participant
Clay

A go-to-market platform that combines customer and prospect data with AI research and automation tools for revenue teams.

$115MSeries D
Participant
Celero Communications

Celero develops coherent digital signal processors and analog technology for optical links that connect AI accelerators and data centers. Its validated 2nm silicon architecture is designed to move more data across scale-up, scale-out and data-center links with lower power and a path from 1.6T to next-generation 3.2T connectivity.

$275MSeries C
Lead
Hadrian

Builds highly automated factories producing defense and aerospace systems

$1.4BSeries D
Participant
Base Power

Base Power builds and operates home batteries that supply backup electricity and help balance the power grid.

$1BSeries D
Participant
K2 Space

Manufactures large, high-power satellites.

$500MSeries D
Role not disclosed
NinjaOne

Provides a unified IT operations platform for simplifying work

$400MSeries C
Role not disclosed
OpenRouter

Provides a unified API gateway enabling access, routing, and optimization across 400+ AI models for developers and enterprises

$113MSeries B
Role not disclosed
Farther

Provides an AI-based wealth-management platform for financial advisors.

$150MSeries D
Role not disclosed
nEye.ai

Develops integrated optical interconnects for AI data centers

$80MSeries C
Role not disclosed
Bedrock Robotics

Develops autonomous construction technology for general contractors

$270MSeries B
Role not disclosed
Waymo

Waymo develops autonomous driving technology and operates a fully driverless ride-hailing service.

$16BInvestment round
Participant
Baseten

Builds systems software for AI applications, focusing on inference and model deployment

$300MSeries E
Role not disclosed