
Investments
306Portfolio Exits
29Funds
11Partners & Customers
5Service Providers
2About B Capital
B Capital operates as a multi-stage global investment firm focused on technology, healthcare, and climate sectors. The company provides seed to late-stage venture growth investments and supports entrepreneurs in scaling their businesses and expanding into new markets. B Capital serves the technology, healthcare, and climate sectors with its investment and support services. It was founded in 2015 and is based in Manhattan Beach, California.
Latest B Capital News
Oct 23, 2025
The events brought together more than 200 CEOs, investors and industry luminaries to discuss how artificial intelligence (AI) is transforming businesses, investment strategies, leadership and global markets. With the theme “Venture at AI Velocity,” B Capital's 2025 AGM and CEO Summit reflected the firm's dedication to partnering with visionary founders building enduring, technology-enabled businesses around the globe. The event further demonstrated the firm's commitment to harnessing leading-edge AI technology to drive results. “Our strategy was designed for this moment,” said Howard Morgan, Chairman and General Partner of B Capital. “With our exceptional team, global reach and commitment to advancing AI responsibly, we're shaping the next generation of transformative companies.” Annual General Meeting: Venture at AI Velocity B Capital's 2025 AGM spotlighted firm updates and portfolio highlights, as well as emphasized the strong foundation the firm has built to drive the next phase of the AI evolution. B Capital's leadership underscored four key differentiators that will help position the firm to succeed in the current market environment: “AI is not a sector, but rather, a foundational capability that amplifies everything we do,” said Eduardo Saverin, Co-Founder and Co-CEO of B Capital. “Our platform connects expertise, technology and global reach in a way that allows us to invest and operate at AI velocity.” The AGM featured a lineup of key opinion leaders, including: CEO Summit: Leadership and Purpose in an Era of Acceleration Now in its second year, B Capital's CEO Summit was designed to provide the firm's portfolio company founders and CEOs with an opportunity to focus on leadership, while also learning from one another and world-class operators across industries. This year, B Capital convened roughly three dozen CEOs building transformative companies across tech, AI, healthcare and resilience tech. “Our CEO Summit exemplifies the highly curated ecosystem we've built at B Capital, bringing together the brightest minds in technology and business to exchange ideas that shape industries,” said Raj Ganguly, Co-Founder and Co-CEO of B Capital. “Innovation is never a solo act – it's learned, shared and constantly evolving. This summit reinforces how our value-add goes far beyond capital; it's about building a community that drives meaningful, long-term impact.” The program, which focused on scaling responsibly, leading through uncertainty and building enduring cultures, featured: The CEO Summit concluded with a fireside chat with David Rubenstein , Co-Founder and Chairman of The Carlyle Group. About B Capital B Capital invests globally in extraordinary founders and businesses shaping the future through technology. With more than $9 billion in assets under management and dedicated stage-based funds, the firm focuses on seed to early- and late-stage venture growth investments, primarily in the technology, healthcare and resilience tech sectors. Founded in 2015, B Capital has an integrated, global team across nine locations in the U.S. and Asia. The firm's value-add platform, together with the consulting expertise of its strategic partner, The Boston Consulting Group, provides entrepreneurs with the tools and resources to scale quickly and efficiently, expand into new markets and build market-leading businesses. For more information, click here
B Capital Investments
306 Investments
B Capital has made 306 investments. Their latest investment was in Shipday as part of their Series A on November 17, 2025.
B Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/17/2025 | Series A | Shipday | $7M | No | 2 | |
11/17/2025 | Series C | Solve Therapeutics | $120M | Yes | 5 | |
11/5/2025 | Seed VC | VIVACTA Biotechnology | Yes | 3 | ||
10/22/2025 | Series B | |||||
10/20/2025 | Series B |
Date | 11/17/2025 | 11/17/2025 | 11/5/2025 | 10/22/2025 | 10/20/2025 |
|---|---|---|---|---|---|
Round | Series A | Series C | Seed VC | Series B | Series B |
Company | Shipday | Solve Therapeutics | VIVACTA Biotechnology | ||
Amount | $7M | $120M | |||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 5 | 3 |
B Capital Portfolio Exits
29 Portfolio Exits
B Capital has 29 portfolio exits. Their latest portfolio exit was Evommune on November 06, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/6/2025 | IPO | Public | 5 | ||
10/17/2025 | Acquired | 15 | |||
9/16/2025 | Acquired | 3 | |||
Date | 11/6/2025 | 10/17/2025 | 9/16/2025 | ||
|---|---|---|---|---|---|
Exit | IPO | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 5 | 15 | 3 |
B Capital Fund History
11 Fund Histories
B Capital has 11 funds, including B Capital Opportunities Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/19/2024 | B Capital Opportunities Fund II | $750M | 1 | ||
3/1/2023 | B Capital Healthcare Fund I | $500M | 3 | ||
1/19/2023 | Growth Fund III | $2,100M | 1 | ||
7/19/2022 | Ascent Fund II | ||||
4/1/2021 | B Capital Fund IV |
Closing Date | 3/19/2024 | 3/1/2023 | 1/19/2023 | 7/19/2022 | 4/1/2021 |
|---|---|---|---|---|---|
Fund | B Capital Opportunities Fund II | B Capital Healthcare Fund I | Growth Fund III | Ascent Fund II | B Capital Fund IV |
Fund Type | |||||
Status | |||||
Amount | $750M | $500M | $2,100M | ||
Sources | 1 | 3 | 1 |
B Capital Partners & Customers
5 Partners and customers
B Capital has 5 strategic partners and customers. B Capital recently partnered with SAP on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/25/2023 | Vendor | Germany | B Capital and SAP Store have a longstanding relationship . | 1 | |
5/18/2020 | Partner | ||||
2/7/2018 | Partner | ||||
10/24/2017 | Partner | ||||
Partner |
Date | 7/25/2023 | 5/18/2020 | 2/7/2018 | 10/24/2017 | |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Germany | ||||
News Snippet | B Capital and SAP Store have a longstanding relationship . | ||||
Sources | 1 |
B Capital Team
27 Team Members
B Capital has 27 team members, including current Founder, Chief Executive Officer, Raj Ganguly.
Name | Work History | Title | Status |
|---|---|---|---|
Raj Ganguly | Founder, Chief Executive Officer | Current | |
Name | Raj Ganguly | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Founder, Chief Executive Officer | ||||
Status | Current |
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