Permanent Ventures

The firm operates from Boston, San Francisco, Brooklyn, and Tampa Bay, pulling deals from coastal technology hubs and industrial corridors alike. This distributed model gives it access to university spinouts in the Northeast, Bay Area climate-tech startups, and logistics and utility operators in the Southeast. The Brooklyn office also positions it to engage with New York's growing climatetech ecosystem and regulatory networks.

No. While Permanent Ventures invests at early stages, its operating model and branding suggest it functions more as a permanent capital vehicle than a conventional 10-year venture fund. The firm's emphasis on infrastructure buildout timelines and physical-world deployments signals patience that differs from the rapid mark-to-market cadence of most early-stage VC firms.

The firm focuses on climate technology and the energy transition, specifically grid modernization, energy storage and analytics, electrified transportation, and AI applications for industrial decarbonization. It does not appear to pursue consumer software, fintech, or biotech — its mandate is deliberately narrow to sectors requiring both software and physical infrastructure.