California Technology Ventures

California Technology Ventures

California Technology Ventures was established in 1999 by Alexander L. Cappello and Alex Suh. The principals accumulated capital through the creation and sale of banking and venture businesses, including the $125 million disposition of Cedars Bank. The office functions as a multi-family platform that invests family capital alongside select external relationships. The firm targets seed through growth rounds in information technology, life sciences, and related sectors. Initial checks range from $250,000 to $2 million, with total exposure per company reaching $5 million. It participates in both direct investments and limited-partner commitments. Confirmed holdings include OrthoScan, MariaDB, Turbine, Avita Biomedical and Forte. Geographic reach covers North America, Europe, Asia, the Middle East and Oceania. The office avoids non-disclosure agreements and routes select opportunities to partner funds. Team size remains undisclosed. The Pasadena headquarters houses the core investment staff. Alexander Cappello previously served as International Chairman of YPO and continues as a trustee of the University of Southern California. The Cappello Family Foundation and Jacobs Family Foundation operate as separate philanthropic vehicles. No operational events from the last 24 months appear in public records. The office maintains a hybrid mandate that permits both primary venture commitments and secondary or co-investment participation. This structure allows allocation across stages without the fixed-term constraints typical of standalone venture funds. Governance rests with the founding principals rather than an external investment committee.