40 North Ventures
40 North Ventures is a venture capital and public equities investment platform under Standard Industries, deploying capital into early-to-growth stage industrial-technology companies across manufacturing, mobility, sustainability, and digital technologies. It serves as an LP-backed investment vehicle with co-investment relationships with strategic corporates.
- Company typePrivate
- Founded2009
- HeadquartersCampbell, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What 40 North Ventures does
40 North Ventures is a venture capital and public equities investment platform operating under Standard Investments, the investment arm of Standard Industries. Founded in 2009 and based in Campbell, California, with operational ties to Standard Industries' New York headquarters at 9 West 57th Street, the firm is structured as a small team (1-10 employees) led by Managing Director Marianne Wu and Principal Ben Sampson. The firm manages a multi-billion dollar public equities portfolio using fundamental, long-term analysis, alongside a venture capital portfolio focused on early-to-growth stage companies at the intersection of industry and technology. The venture portfolio spans manufacturing, digital technologies, transportation and mobility, sustainability, the built environment, and select media investments.
The firm does not develop products or sell services; its core function is capital deployment. It invests flexibly across company life cycles, typically as a co-investor alongside strategic corporates (Honeywell, Home Depot Ventures) and high-profile individual angels (e.g., Carl Bass). Notable portfolio companies include PhysicsX (AI for manufacturing design), KoBold Metals (AI-driven mineral exploration, unicorn status), Forterra (autonomous systems for defense), Claroty (industrial cybersecurity), Albedo (very low Earth orbit satellite imaging), Higharc (generative design for homebuilders), Fictiv (digital hardware manufacturing), Hippo Harvest (AI and robotics for greenhouse agriculture), and Wi-Charge (long-range wireless charging). The firm leverages Standard Industries' deep industrial knowledge and operational expertise as a core differentiator for sourcing and supporting industrial-technology investments.
The business model is typical of a venture capital and public equities platform: management fees on committed capital, carried interest on successful exits, and co-investment economics with strategic partners. Pricing, fee schedules, fund vintage, and AUM are not publicly disclosed, and entity-level financial data is absent. The firm competes for deal flow against specialist industrial-tech VCs and corporate venture arms, but its access to Standard Industries' industrial network and permanent capital base provides structural advantages that independent funds typically lack.
40 North Ventures firmographics
Firmographics- Name
- 40 North Ventures
- Website
- https://40northventures.com
- Company type
- Private
- Founded year
- 2009
- Headcount range
- 1–10 employees
- Short description
- 40 North Ventures is a venture capital and public equities investment platform under Standard Industries, deploying capital into early-to-growth stage industrial-technology companies across manufacturing, mobility, sustainability, and digital technologies. It serves as an LP-backed investment vehicle with co-investment relationships with strategic corporates.
- Ownership category
- akta.pro rank
40 North Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
- akta.pro secondary industries
- Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF), Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)
Keywords
Where 40 North Ventures is headquartered
LocationHeadquarters
- HQ city
- Campbell
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
40 North Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
40 North Ventures product offering
Product offeringCore offering
40 North Ventures is a venture capital fund that deploys capital into early-to-growth stage technology companies, with a focus on the intersection of industry and technology. It operates under Standard Investments within Standard Industries, managing a multi-billion dollar public equities portfolio alongside venture investments in manufacturing, digital technologies, transportation and mobility, sustainability, and the built environment.
Product overview
40 North Ventures (operated under Standard Investments within Standard Industries) is a fundamentally-driven investment platform focused on the intersection of industry and technology. It operates as a venture capital and public equities investment platform rather than a product company. The firm deploys capital flexibly across public and private markets, spanning the full company lifecycle. Its investment approach includes a multi-billion dollar public equities portfolio (concentrated, long-term approach using fundamental analysis) and early-to-growth stage venture capital investments. Venture portfolio areas include manufacturing, digital technologies, transportation and mobility, sustainability, built environment, and select media investments. Notable portfolio companies mentioned include PhysicsX (AI for manufacturing), KoBold Metals (AI for mining), Forterra (autonomous systems for defense), Hippo Harvest (robotics and AI for greenhouse agriculture), Albedo (satellite imaging), Higharc (generative design for homebuilding), and various other industrial technology companies. No standalone product offerings or SaaS platforms are offered.
Differentiator
Problem solved
Functional benefit
Companies that use 40 North Ventures
Customer profileSegments5 records
Ideal customer profiles2 records
40 North Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
40 North Ventures partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights6 records
40 North Ventures competitors and assessment
Company assessmentDirect peers
- Breakthrough Energy Ventures: Climate-focused deep-tech fund backing companies across energy, transportation, and industrial decarbonization — overlapping on energy-transition and built-environment bets.
- Innovation Endeavors: Deep-tech and industrial-tech venture firm founded by Eric Schmidt that invests across AI, manufacturing, energy, and infrastructure — the closest direct peer to 40 North's industrial-AI thesis.
- Lux Capital: Early-to-growth VC investing in emerging science and technology ventures including industrial, space, robotics, and advanced manufacturing — overlapping with 40 North's sectors and stage focus.
- DCVC: Deep-computing and deep-tech venture firm backing companies applying AI, materials science, and engineering to industrial and scientific problems — comparable industrial-tech orientation.
- Eclipse Ventures: Industrial-focused VC investing across the full stack of industrial innovation from supply chain to autonomous systems — directly comparable industrial-tech mandate.
- Energize Ventures: Industrial-decision-software VC investing in digital and clean-energy infrastructure for heavy industry — closely mirrors 40 North's sustainability and industrial-tech overlap.
- Material Impact: Industrial-tech fund investing in companies transforming materials, manufacturing, and supply chains — strongly aligned with 40 North's portfolio themes.
Broad incumbents
- Obvious Ventures: Sustainable-world-focused VC investing in sectors including food, transportation, and built environment — adjacent thematically but with a broader, less industrially specialized portfolio.
Emerging players
- Tola Capital: Enterprise software and industrial-data VC investing in AI and cloud for industrial verticals — comparable on industrial DataOps themes such as HighByte and AssetWatch.
- Hemi Ventures: Early-stage deep-tech and industrial-tech fund with focuses on semiconductors, mobility, and advanced manufacturing — comparable early-stage industrial mandate.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
40 North Ventures social profiles
Digital presence40 North Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
40 North Ventures leadership team
Management profileNumber of profiles
Profiles2 records
40 North Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
40 North Ventures M&A and investment
M&A and investmentM&A
Investments29 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 40 North Ventures
What does 40 North Ventures do?
40 North Ventures is a venture capital fund that deploys capital into early-to-growth stage technology companies, with a focus on the intersection of industry and technology. It operates under Standard Investments within Standard Industries, managing a multi-billion dollar public equities portfolio alongside venture investments in manufacturing, digital technologies, transportation and mobility, sustainability, and the built environment.
When was 40 North Ventures founded?
40 North Ventures was founded in 2009. It employs 1 to 10 people.
Where is 40 North Ventures based?
40 North Ventures is headquartered in Campbell, United States, in the North America region.
Who are 40 North Ventures's main competitors?
Direct peers on record are Breakthrough Energy Ventures, Innovation Endeavors, Lux Capital, DCVC, Eclipse Ventures, Energize Ventures and Material Impact. Obvious Ventures is listed as a broad incumbent. Emerging players are Tola Capital and Hemi Ventures.
Does 40 North Ventures have an API?
No public API is recorded for 40 North Ventures.
What industry is 40 North Ventures in?
40 North Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate), with a secondary code of FSANAHAF, Corporate Strategic Partnership & Ecosystem Investment Arms. Its NAICS code is 52394 and its SIC code is 6282.