Trust Ventures

Activity from announced rounds

All recorded activity

Trust Ventures is the venture firm identified in Luzern Risk and Foundation Alloy announcements.

Recorded funding activity

Luzern helps businesses run captive insurers. Other recorded companies include Base Power’s home batteries and Antora’s industrial thermal storage. The unrelated Truist attribution from a third-party aggregate is not adopted.

Sources
Rounds participated in
5
Confirmed lead rounds
0
2 roles undisclosed
New companies
5
First participation on record · 0 follow-on
Funding in participating rounds
$1.7B
5 disclosed · full round size, not this investor’s share

By stage

Series A2
Series C+2
Series B1

By primary sector

Climate tech2
Fintech1
Industrial tech1
Proptech1

By country

United States5

Rounds

5 in all activity
Luzern Risk

A captive-insurance manager and technology platform that helps businesses form, operate and monitor insurance companies they own.

$45MSeries B
Participant
Base Power

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

$1BSeries D
Participant
Antora Energy

Antora Energy makes thermal batteries that store electricity as heat in carbon blocks and deliver continuous energy to industrial facilities and other large users.

$550MSeries C
Participant
TerraFirma

A tech-enabled, vertically integrated construction company focused on critical infrastructure

$115MSeries A
Role not disclosed
Foundation Alloy

Builds solid-state metallurgy platform producing engineered alloys for aerospace, defense, and industrial applications without melt-based processes

$22MSeries A
Role not disclosed