Zoma Capital

What Zoma Capital does

Zoma Capital is the investment arm of ZOMALAB, a private family philanthropy and investment organization co-founded by Ben Walton and Lucy Ana Walton and headquartered in Denver, Colorado. The firm deploys flexible and patient capital from the Walton family office across multiple asset classes to scale market-based solutions in three core verticals: energy and grid technology, workforce development, and community economic development, with an additional philanthropic focus on early childhood development. Its stated geography spans two home regions — Colorado (via ZOMA Foundation, established 2017) and Chile (via Fundación Viento Sur, established 2014 by Lucy Ana Walton) — and its investment activity is concentrated in US-domiciled portfolio companies.

The firm's portfolio spans direct equity, SAFE, Series B/C, and refinancing transactions across grid technology (LineVision Series B and C, Splight SAFE, Amp C$200M, Apex Clean Energy $200M refinancing), workforce development (PAIRIN, Penn Foster, NextStep, Credly), behavioral health (myStrength), food technology (NotCo), and fund-of-fund commitments (Achieve Partners Workforce II at $450M and Kalos Ventures at $78.8M). Zoma Capital does not operate a technology platform; rather, it operates a deal-sourcing and capital-deployment function staffed by a lean team (1-10 employees) including President Abraham Sherman (ex-PwC), Director Seth Peyla (CFA, ex-Advantage Capital), and Senior Associate Ben Burrowes, with co-founder Ben Walton serving as Chairman of Walton Enterprises providing institutional connectivity.

Zoma Capital operates alongside sibling entities ZOMA Foundation (Colorado philanthropy) and Fundación Viento Sur (Chile philanthropy) under the ZOMALAB parent, and is a founding partner in Enduring Earth, a nonprofit collaboration with Pew Charitable Trusts, The Nature Conservancy, and WWF committed to mobilizing nearly $4 billion through the Project Finance for Permanence approach for nature conservation. Because it is a family investment and philanthropy entity rather than a fee-generating asset manager, Zoma Capital does not disclose revenue; its business model is capital deployment for systemic impact in Colorado and Chile rather than commercial product sales.

Name

Zoma Capital

Legal name

ZOMALAB

Website

https://zomalab.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Zoma Capital is the investment arm of ZOMALAB, a Walton family entity deploying patient capital into market-based solutions in energy, workforce development, and community economic development across Colorado and Chile.

Ownership category

akta.pro rank

Product category

Impact Investing / Private Equity

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industry

Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity) (FSAAALAB)

Keywords

• Impact investing
• Family office investing
• Private equity investments
• Sustainable venture capital
• Philanthropic capital deployment

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Marketing channels1 record

Core offering

Zoma Capital invests flexible and patient capital across multiple asset classes globally to catalyze market-based solutions addressing environmental and social challenges. Its portfolio spans equity investments and SAFE funding in energy/grid technology companies (e.g., LineVision, Splight, Amp, Apex Clean Energy), workforce development startups (e.g., PAIRIN, NextStep, Penn Foster), and commitments to impact-oriented venture funds (e.g., Achieve Partners, Kalos Ventures).

Product overview

Zoma Capital is an investment vehicle operated by ZOMALAB that deploys flexible and patient capital across multiple asset classes globally to advance and scale technology and market-based solutions. As an investment firm rather than a product company, it does not offer its own products or services but rather invests in portfolio companies addressing issues in energy technology, workforce development, and community economic development across Colorado and Chile.

Differentiator

Problem solved

Functional benefit

Brands

• SyncUp Colorado: A $5 million prize pool initiative in partnership with Colorado Governor's Office and Colorado Succeeds, calling for breakthrough education-to-employment partnerships.
• Enduring Earth

Quantifiable outcome

• Enduring Earth partnership mobilizing nearly $4 billion for nature conservation through Project Finance for Permanence approach
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and flagship.

• Enduring EarthcoreStrategic or Co-development PartnerEnduring Earth is a nonprofit collaboration with The Pew Charitable Trusts, The Nature Conservancy, and World Wildlife Fund, committed to accelerating nature conservation and rural economic development worldwide through the Project Finance for Permanence (PFP) approach. ZOMALAB/Zoma Capital is a founding partner, leveraging the initiative to mobilize nearly $4 billion.
• Colorado Governor's OfficeflagshipStrategic or Co-development PartnerZOMALAB partnered with the Colorado Governor's Office, Colorado Succeeds, Colorado Thrives, SemperVirens, Skillful, and Strada Education Network to launch SyncUp Colorado, a $5 million prize pool calling for breakthrough education-to-employment partnerships to support Colorado's young people.
• Global Permanence Fund (GPF)coreStrategic or Co-development PartnerThe Global Permanence Fund works at the intersection of global efforts to address nature, climate, and community development goals. GPF partners with a full ecosystem of conservation actors – leading NGOs, philanthropies, governments, and the private sector – to incubate new initiatives that scale financing to protect nature and benefit rural communities.
• TechstarscoreStrategic or Co-development PartnerBen Walton spearheaded the launch of Techstars' workforce and sustainability accelerators in Colorado, demonstrating strategic partnership to support startup ecosystem development and workforce innovation.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Blue Bear Capital: Climate- and energy-focused venture firm that co-led Splight's SAFE round alongside ZOMA Capital. Direct peer given shared investment focus on grid technology, renewables integration, and energy transition, and demonstrated co-investment relationship.
• Obvious Ventures: Mission-driven venture firm investing in companies addressing world-positive themes including energy, food, health, and work. Comparable as a values-aligned early- and growth-stage investor; though Zoma operates more as a family office and Obvious as a multi-LP venture fund.
• Capricorn Investment Group: Mission-driven investment firm deploying capital across venture, growth, and public markets with a focus on sustainability and positive impact. Directly comparable as an alternative-investment platform backed by a single principal family that explicitly targets environmental and social outcomes.
• Closed Loop Partners: Investment firm focused on the circular economy, sustainable consumer goods, and community development. Comparable as a thematic impact-investment platform combining venture, growth, and project finance, with a mission aligned to Zoma's community-economic-development and sustainability themes.
• Galvanize Climate Solutions: Tom Steyer-founded climate-focused investment and advocacy platform that deploys capital across clean energy, grid modernization, and climate solutions. Comparable as a high-net-worth-backed vehicle targeting energy transition themes with a similar impact-aligned mandate.
• Emerson Collective: Laurene Powell Jobs's family office and impact-investment organization that deploys capital across education, climate, and social justice. Directly comparable as a founder-led family-office deploying both philanthropic and investment capital toward systemic impact themes.
• Clean Energy Ventures: Seed- and early-stage venture firm investing in climate-tech companies with breakthrough potential. Comparable as a specialized energy/climate investor; co-investment with Zoma is plausible given shared interest in grid technology and renewable integration.

Broad incumbents

• TPG Rise: TPG's dedicated impact-investing platform managing multiple funds across climate, social, and sustainable investing. Comparable as a scaled impact-investment platform though operating at significantly larger AUM and broader thematic scope than Zoma Capital.
• Generation Investment Management: Sustainable-investment manager co-founded by Al Gore and David Blood, focused on long-term, sustainable equity and impact strategies. Comparable in its explicit sustainability/ESG mandate and long-duration capital approach, though it is a much larger and more institutional asset manager.
• Khosla Ventures: Venture firm founded by Vinod Khosla with a large allocation to climate-tech and clean energy. Comparable in climate-tech investment thesis, especially grid and energy-infrastructure adjacencies, though it operates at a much larger scale and broader mandate than Zoma.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/zomalab

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments26 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zoma Capital