Prelude portfolio

Prelude has 22 portfolio companies on record at Recent Funding, with 7 investments in the last 12 months.

Website: preludeventures.com.

X: @PreludeVC.

Type: Venture capital.

Portfolio on Recent Funding: 22.

Deals, last 12 months: 7.

Rounds led: 8 of 28.

Capital in their rounds: $3.23B.

Latest deal: Form Energy · Aug 12, 2026.

About this page

It is a venture capital firm based in US, founded in 2017. It led 8 of the 28 rounds it joined. Its most recent investment on record is Form Energy's $750M Series B+ round in August 2026, alongside The Engine Ventures, Peak 6, GE Vernova and 7 others. By category, its portfolio leans toward Climate and energy (12) and Manufacturing and industrial (4). It has co-invested with TPG Rise Climate, Breakthrough Energy Ventures and NGP Energy Technology Partners, most often TPG Rise Climate (6 rounds).

About Prelude

Firm type: Venture capital.

Headquarters: US.

Founded: 2017.

What Prelude invests in

Climate and energy · 12 · 55%
Manufacturing and industrial · 4 · 18%
Robotics and hardware · 3 · 14%
Lending and credit · 2 · 9%
Crypto payments · 2 · 9%
Fintech · 2 · 9%
Data and analytics · 2 · 9%
Commerce and retail · 2 · 9%

Prelude recent investments

Company	Round	Date	Alongside
FForm Energy	Series B+ · $750M	Aug 12, 2026	The Engine Ventures, Peak 6, GE Vernova +7
TTenor	Seed · $2.5M	Jul 22, 2026	Nascent, Very Early Ventures, Coinbase Ventures +2
EExponent	Seed	Apr 30, 2026	Anatoly Yakovenko, Solana Ventures, RockawayX +4
UUnblockPay	Seed	Mar 25, 2026	Plug and Play, Reverie, Signature Ventures +3
RRhoda AI	Series A · $450M	Mar 11, 2026	Khosla Ventures, Matter Venture Partners, Xora +6
LLunar Energy	Series B+ · $232M · lead	Feb 4, 2026	ITOCHU Corporation, Leitmotif, Alumni Ventures +6
GGondor	Pre-seed · $2.5M	Dec 6, 2025	Maven 11 Capital, Castle Island Ventures
CCopper	Series A · $28M · lead	Aug 29, 2025	none named

How Prelude invests

Stage	Deals	Capital in rounds
Series B+	17 61%	$2.67B
Series A	6 21%	$551.2M
Seed	3 11%	$2.5M
Pre-seed	2 7%	$5M

Year	Deals	Capital in rounds
2020	3 11%	$63.2M
2021	6 21%	$487M
2022	4 14%	$582M
2023	1 4%	$50M
2024	4 14%	$559M
2025	4 14%	$56M
2026	6 21%	$1.43B

Prelude portfolio companies

FForm Energy$750MSeries B+ · Aug 2026
TTenor$2.5MSeed · Jul 2026
EExponentSeed · Apr 2026
UUnblockPaySeed · Mar 2026
RRhoda AI$450MSeries A · Mar 2026
LLunar Energy$232MSeries B+ · Feb 2026
GGondor$2.5MPre-seed · Dec 2025
CCopper$28MSeries A · Aug 2025
PPersefoni$23MSeries B+ · Apr 2025
MMeati Foods$100MSeries B+ · May 2024
TThea Energy$20MSeries A · Feb 2024
LLightship$34MSeries B+ · Jan 2024
EElement Energy$28MSeries B+ · Dec 2022
TTerabase Energy$44MSeries B+ · Aug 2022
AAtom Computing$60MSeries B+ · Jan 2022
AAumni$50MSeries B+ · Aug 2021
VVoltus$31MSeries B+ · May 2021
HHeirloombacker
SSensebacker
RRumin8backer
SStructionSitebacker
Ccourtyard.iobacker

Company	Round with Prelude	Total raised	Latest raise
FForm Energy Climate and energy	Aug 12, 2026 Series B+ · $750M	$1.84B	Aug 12, 2026 Series B+
TTenor Stablecoins	Jul 22, 2026 Seed · $2.5M	$5M	Jul 22, 2026 Seed
EExponent Yield and vaults	Apr 30, 2026 Seed	$5M	May 14, 2026 Series A
UUnblockPay Crypto payments	Mar 25, 2026 Seed	$4.5M	Mar 25, 2026 Seed
RRhoda AI	Mar 11, 2026 Series A · $450M	$450M	Mar 11, 2026 Series A
LLunar Energy Climate and energy	Feb 4, 2026 Series B+ · $232M · lead	$232M	Feb 4, 2026 Series B+
GGondor Prediction markets	Dec 6, 2025 Pre-seed · $2.5M	$2.5M	Dec 6, 2025 Pre-seed
CCopper Climate and energy	Aug 29, 2025 Series A · $28M · lead	$28M	Jan 4, 2026 Series A
PPersefoni Fintech	Apr 2, 2025 Series B+ · $23M	$183.7M	Apr 2, 2025 Series B+
MMeati Foods Commerce and retail	May 10, 2024 Series B+ · $100M	$328.2M	May 10, 2024 Series B+
TThea Energy Climate and energy	Feb 8, 2024 Series A · $20M · lead	$120M	May 27, 2026 Series B+
LLightship Robotics and hardware	Jan 17, 2024 Series B+ · $34M · lead	$57M	Jan 17, 2024 Series B+
EElement Energy AI infrastructure and compute	Dec 14, 2022 Series B+ · $28M	$101M	Nov 14, 2023 Series B+
TTerabase Energy Climate and energy	Aug 2, 2022 Series B+ · $44M · lead	$180M	Mar 13, 2025 Series B+
AAtom Computing Robotics and hardware	Jan 20, 2022 Series B+ · $60M	$195.2M	Jun 17, 2026 Series B+
AAumni Fintech	Aug 26, 2021 Series B+ · $50M	$60M	Aug 26, 2021 Series B+
VVoltus Climate and energy	May 13, 2021 Series B+ · $31M	$281M	Oct 9, 2026 Series B+
HHeirloom Climate and energy	backer · source	$203M	Dec 4, 2024 Series B+
SSense Robotics and hardware	backer	$1.23M	Jul 15, 2026 Pre-seed
RRumin8 Climate and energy	backer	$17M	Sep 10, 2024 Seed
SStructionSite Real estate and construction	backer	undisclosed	—
Ccourtyard.io Crypto payments	backer	$7.5M	Jul 29, 2025 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Climate and energy).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 28 rounds on Recent Funding that name Prelude. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Prelude, which is a subset of its real portfolio. API: /api/v1/investors/prelude (get a free API key). More: the most active VC firms and new venture capital funds.