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Zoma Capital
Zoma Capital was established in 2004 by Ben Walton and Lucy Ana Walton. Ben Walton previously served as chairman of Walton Enterprises. Capital originates from...
Zoma Capital
Zoma Capital was established in 2004 by Ben Walton and Lucy Ana Walton. Ben Walton previously served as chairman of Walton Enterprises. Capital originates from the Walmart fortune built by his grandfather Sam Walton. The firm pursues venture capital, private equity, and direct co-investments. Asset classes include ClimateTech, Energy Transition & Renewables, WaterTech, and HRTech. Geographies center on North America and South America, with activity in Colorado and Chile. Confirmed holdings include Bitso, Powderhorn Mountain Resort, and Colorado water rights. The firm also commits to funds and SPVs while running mission-related investments alongside the Zoma Foundation. No public headcount or additional offices appear in available records. Zoma Capital acts as founding partner in Enduring Earth alongside The Nature Conservancy and The Pew Charitable Trusts. The office maintains related entities including Zoma Holdings Ranches and Summit Aviation. Zoma Capital operates as a hybrid vehicle that combines market investments with place-based philanthropic pilots. This structure allows capital to move between for-profit positions and systems-change grants without separate legal entities for each mandate.
General information
Firm type
Single Family Office
Year founded
2004
Location
Region
North America
Country
United States
City
Denver
Corporate office
Denver, CO, United States
Principals
Ben Walton
Co-founder
Lucy Ana Walton
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Zoma Capital?
Ben Walton and Lucy Ana Walton serve as co-founders and set the investment direction. No additional named investment professionals appear in public records.
Does Zoma Capital participate in fund commitments or only direct deals?
The firm uses both approaches. It makes direct co-investments and SPVs while also committing to funds and participating in vehicles such as Breakthrough Energy Ventures.
Where does the underlying wealth come from?
Capital derives from the Walmart retail fortune through Ben Walton, grandson of founder Sam Walton. The family previously held interests through Walton Enterprises.
What investment stages does Zoma Capital typically target?
Activity focuses on seed and Series A rounds for startups alongside later direct holdings in real assets and operating businesses.
How is Zoma Capital related to Zoma Foundation?
Zoma Foundation serves as the philanthropic arm. It pilots models that can later scale through Zoma Capital market investments or external partners.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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