VC Catalog · venture ecosystem research library
VC Catalog home Beta

VC firm

Acequia Capital New Industrials

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 96 out of 100

Also known as Acequia Capital, Acequia Capital AB, Acequia Capital AB LP, Acequia Capital ClassPass, Acequia Capital ClassPass LLC, Acequia Capital CP, Acequia Capital CP III LLC, Acequia Capital CP IV LLC

  • Advanced manufacturing
  • AI models & AI infrastructure
  • Biotech & therapeutics
  • Cloud & networking
  • E-commerce & D2C brands
  • Finance operations
  • Generalist (firms only)
  • Logistics & supply chain
  • Media, entertainment & gaming
  • Productivity & collaboration
  • Seed
  • Global
  • VC
  • B2B
Investor type
VC
Investing status
Activeas of 2026-09-28Source (opens in a new tab)
Headquarters
SEATTLE, WA, United States
Founded
2010
Assets under management
$408MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
Latest fund size
$70MSEC amount sold, as of 2025Source (opens in a new tab)
Funds
22
Legal name
Acequia Capital New Industrials
Claim, correct or request removal

Record updated 29 September 2026

About

Acequia Capital is an early-stage global investment platform founded in 2010 by former Microsoft executive Hank Vigil. It has invested in more than 350 technology companies and provides capital plus operating experience in product/technology strategy and business model/go-to-market execution. Its portfolio spans AI & Machine Learning, Commerce, New Industrials, Infrastructure, Logistics, Life Sciences, Gaming & Expression, Software & Knowledge Worker Tooling, and Financial Technology.

Investment approach

Thesis
We provide more than initial risk capital: We are deeply experienced industry operators who offer trusted advice on product roadmap & technology strategy as well as business model & GTM execution. Founders have come to seek out the "Acequia Capital" difference.Source (opens in a new tab)
Investing status notes
"Acequia Capital now centers a global innovation ecosystem that sources and attracts best-in-class founders..." (about page, present tense, no closure notice found)

Funds

Acequia Capital AB LP
$2.6MVintage 2026, Main fund, SEC amount sold
Acequia Capital Origin SBIC LP
$70MVintage 2025, Main fund, SEC amount sold
Acequia Capital Origin SP I LP
$1.2MVintage 2024, Main fund, SEC amount sold
Acequia Capital Rainmaker LP
$1MVintage 2024, SPV, SEC amount sold
Acequia Capital Origin LP
$42.3MVintage 2023, Main fund, SEC amount sold
Acequia Capital ISM Atomic Industries LP
Vintage 2023Main fund
Acequia Capital Origin 22 LP
Vintage 2022Main fund
ACEQUIA CAPITAL ORIGIN 21 LP
$10.5MVintage 2021, Main fund, SEC amount sold
ACEQUIA CAPITAL SUPERSIDE LP
Vintage 2021Main fund
Acequia Capital Flx II LLC
$4MVintage 2019, SPV, SEC amount sold
Acequia Capital CP IV LLC
$3.6MVintage 2017, SPV, SEC amount sold
Acequia Capital CP III LLC
$2.6MVintage 2016, SPV, SEC amount sold
More funds
10 more recorded

SEC registration

Registered adviser
ACEQUIA CAPITAL MANAGEMENT LLC
SEC file number
802-96204
Registration
Exempt reporting adviser
Regulatory AUM
$408Mas of 2026-03-31
Private funds reported
17
SEC CIK
1552741, 1617507, 1655064
Loading relationship preview

Cookies on VC Catalog

We use necessary cookies to run the site (sign-in, security, remembering this choice). With your permission we also use Google Analytics to understand how the site is used. Analytics cookies are set only if you accept all cookies. Privacy policy