# Zoma Capital

Zoma Capital is a Single Family Office based in Denver, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Denver, United States
- **Region:** North America
- **Address:** Denver, CO, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** zomalab.com
- **LinkedIn:** https://www.linkedin.com/showcase/zoma-capital-/about/

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- HRTech
- WaterTech
- Digital Health

## People

- Ben Walton — Co-founder
- Lucy Ana Walton — Co-founder

## 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.

### 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.

## Related profiles

- [Zola Global](https://altss.com/profile/zola-global)
- [Zouari Family Office](https://altss.com/profile/zouari-family-office)

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Last updated: 2026-08-10T15:54:10.904Z

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