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.

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.

Piva is structured as a venture capital firm, not a family office. It raises committed capital from institutional limited partners and deploys through a standard fund structure. The firm's website and regulatory posture are consistent with a Delaware-domiciled venture capital manager running a blind-pool fund targeting early- and growth-stage industrial technology companies.

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.

Piva's investment mandate is built around thirteen technology verticals that touch industrial decarbonization, advanced materials, and smart mobility. The firm does not disclose explicit negative screens, but the thesis leaves no obvious mandate for enterprise software, consumer internet, fintech, biotech, or media — Piva appears fully allocated to hard-tech industrial themes.

Piva has not publicly disclosed any philanthropic vehicle, foundation, or impact-linked fund structure. The firm's website frames its mission as investing in founders whose technologies improve the outlook for people and planet, but no formal separation between financial returns and philanthropic activity has been disclosed.

Piva has not publicly stated a formal co-investment policy. Given the team's backgrounds in corporate venture capital — where syndication with other strategics and financial sponsors is standard — Piva likely co-invests opportunistically, but no explicit co-investment vehicle or program has been disclosed.