CapitalG

Activity from announced rounds

Activity in this selectionOct 19, 2026 · Jul 22, 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
6
Confirmed lead rounds
1
1 roles undisclosed
New companies
6
First participation on record · 0 follow-on
Funding in participating rounds
$3.7B
6 disclosed · full round size, not this investor’s share

By stage

Series C+6

By primary sector

AI2
Climate tech1
Defense tech1
Hardware1
Space tech1

By country

United States5
Sweden1

Rounds

6 in this selection
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
Lovable

Lovable helps people build software by describing what they want to an AI development platform.

$400MSeries C
Participant
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