Venture Capital

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Piva

Piva Capital is a venture capital firm based in San Francisco that invests in people, companies, and breakthrough technologies ushering in a new industrial...

Piva logo

Piva

Piva Capital is a venture capital firm based in San Francisco that invests in people, companies, and breakthrough technologies ushering in a new industrial era. It backs companies redefining trillion-dollar markets at the inflection of scientific breakthrough and mass market impact. The firm is thesis-driven, seeking early to growth-stage companies with foundational cross-industry technological solutions at commercial inflection points.

Website
piva.vc

General information

Firm type

Venture Capital

Year founded

2019

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Ricardo Angel

Co-Founder and Managing Partner

Mark Gudiksen

Co-Founder and Managing Partner

Adzmel Adznan

Co-Founder and Partner

Bennett Cohen

Co-Founder and Partner

Sector focus

IoT, AI, and AutomationSupply Chain and LogisticsAdditive ManufacturingSecurity and ResiliencySpecialty Chemicals and New MaterialsResource EfficiencyFood and Alternative ProteinsWaste to Value and Circular EconomyEnergy Transition and DecarbonizationElectrificationMobility and DigitalizationSmart Cities

Frequently asked questions

Who leads investment decisions at Piva?

All four co-founders — Ricardo Angel, Mark Gudiksen, Adzmel Adznan, and Bennett Cohen — remain in active management roles. Angel is a former managing director at Saudi Aramco Energy Ventures and GE Ventures, while Gudiksen also served as managing director at GE Ventures. Investment decisions are made collectively by the partnership, drawing on domain expertise developed across decades inside global energy-industrial operators.

How does Piva source proprietary deal flow?

Piva's co-founders built their careers inside GE Ventures and Saudi Aramco Energy Ventures, two of the world's largest corporate venture arms operating at the center of the industrial supply chain. The firm cites a global network of partners and professionals in over 90 countries on six continents as its sourcing foundation, a footprint that predates the fund's 2019 launch and gives Piva visibility into university spinouts, corporate carve-outs, and founder-led startups that sit deep inside industrial innovation ecosystems.

What investment stages does Piva typically target?

Piva targets early-stage (Seed, Start-up) through growth-stage companies, specifically at commercial inflection points where a platform technology has demonstrated product-market fit and needs capital to scale. The firm describes its approach as thesis-driven, seeking foundational cross-industry technological solutions with substantial deployment value in large markets.

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