# Dipalo Ventures

Dipalo Ventures is a Venture Capital based in Chicago, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** dipaloventures.com
- **LinkedIn:** https://www.linkedin.com/company/dipaloventures

## Regulatory record

- **Reports private funds:** No

## About

Dipalo Ventures is venture capital for the physical world. They back founders building breakthrough deep tech across Energy, Climate, and Physical AI, bringing hands-on engineering expertise and product manufacturing networks to help go from prototype to production. Their partners are founders and operators with firsthand experience taking hard tech products from idea to market. They provide product expertise and deep engineering knowledge to help founders bring scientific and engineering innovations to market.

## Sectors

- Energy, Climate, and Physical AI

## People

- Rafiq Ahmed — Founder, Managing Partner
- Mitul Patel — General Partner
- Rafiq Ahmed — Founder, Managing Partner
- Mitul Patel — General Partner
- Rezwan Shafique — Venture Partner
- Laurence Hayward — Venture Advisor
- Monika Razdan — Platform & Ops
- Raquel Lourenço — Associate
- Greg Rublev — Entrepreneur in Residence

## Questions

### What stages does Dipalo Ventures target?

Research records list early stage, seed, and start-up investments as the stated focus.

### Where is Dipalo Ventures based?

The firm lists Chicago, United States as its headquarters location.

## Related profiles

- [Diocese of Southwell and Nottingham](https://altss.com/profile/diocese-of-southwell-and-nottingham)
- [DIP Capital](https://altss.com/profile/dip-capital)

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Last updated: 2026-08-11T15:06:35.052Z

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