Venture Capital

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Impala Ventures

Impala Ventures, led by Brian M. Snow, invests across venture and commercial real estate from La Jolla and Nairobi.

Impala Ventures logo

Impala Ventures

Impala Ventures is a venture capital firm investing in companies that disrupt industries with technology. It focuses on impact investments and new ventures in the US, Europe, and Africa. Impala Ventures has made 22 investments, including a Series C investment in Stoik on January 20, 2026.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

La Jolla

Corporate office

La Jolla, CA, United States

Additional offices

Nairobi, Kenya

Principals

Brian M. Snow

Managing General Partner

Jane Kaggwa

Managing Partner

Olin Hyde

Partner

Sector focus

Enterprise SoftwareAI/MLPropTechClimateTechReal EstateMobility & Transportation

Frequently asked questions

Who runs investment decisions at Impala Ventures?

Brian M. Snow, as Managing General Partner, leads the firm's overall investment strategy. He is supported by Partner Olin Hyde and Managing Partner Jane Kaggwa, who directs the Africa-focused Search Fund strategy from Nairobi. Snow's board seat at Aptera Motors illustrates his direct involvement in portfolio governance.

How does Impala Ventures source proprietary deal flow?

Impala blends a deep-tech venture studio model with an Africa-focused search fund. The Aptera Motors investment — where Snow co-invests with Co-CEO Chris Anthony — was a lead commitment structured with significant board influence, indicating a relationship-driven, founder-aligned sourcing approach rather than an auction-based one. Kaggwa's Nairobi presence creates a separate pipeline for East African entrepreneurs.

Is Impala Ventures a single family office or a venture firm?

Impala Ventures operates as a generalist asset manager, not a single family office. It deploys capital across venture — spanning seed to growth — and maintains a distinct commercial real estate arm in San Diego and Nairobi. The structure resembles a hybrid investment firm with a venture studio tilt rather than a traditional LP-GP fund.

Does Impala participate in fund commitments or only direct deals?

Public records point primarily to direct investments. The Aptera Motors deal involved a lead investment and board representation, not a fund-of-funds placement. Impala's search fund operations in Africa also imply direct, operator-level capital deployment rather than passive fund commitments.

What investment stages does Impala Ventures target?

Impala targets a broad range — early-stage, seed, startup, expansion, and late-stage venture. This flexibility is consistent with a generalist mandate. The Aptera Motors investment, for instance, spans R&D through pre-production, requiring patient capital across multiple stages.

How is Impala Ventures related to Aptera Motors?

Impala Ventures is a lead investor in Aptera Motors, the solar electric vehicle startup. Brian Snow serves as a director of Aptera and co-invests alongside Co-CEO Chris Anthony. The relationship exemplifies Impala's willingness to anchor capital-intensive hardware plays with long-duration capital and active board participation.

Does Impala Ventures maintain any philanthropic or policy affiliations?

Brian Snow is a member and donor of the Aspen Institute Society of Fellows and also supports Bay Cove Human Services. These affiliations appear to be personal — there is no indication they are funded through or operationally tied to Impala Ventures' investment activities.

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