VC firm
B-Capital
Also known as B Capital Ascent, B Capital Ascent Fund II, L.P., B Capital Ascent Fund III, L.P., B Capital Ascent SSEA, B Capital Ascent SSEA Fund I, L.P., B Capital China, B Capital China I, L.P., B Capital Global Growth
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, California, United States
- Assets under management
- $12BStated by firm, as of 2026-09-17Source (opens in a new tab)
- Latest fund size
- $1.6BSEC amount sold, as of 2021-07-06Source (opens in a new tab)
- Funds
- 21
- Legal name
- B Capital Group Management, L.P.
- b.capital (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
B Capital is an investment firm, led by Eduardo Saverin, Raj Ganguly and Howard Morgan, that supports early to late-stage companies in Technology, Healthcare and Energy & Resilience. The firm reports $12+ billion in assets under management, 200+ portfolio companies and 9 global locations, and runs dedicated stage-based funds covering Early Stage and Growth to Late Stage investing. It also has a strategic partnership with Boston Consulting Group (BCG) that provides portfolio companies with consulting support.
Investment approach
- Thesis
- Our strategy is anchored in providing value-added support to entrepreneurs at all stages of business-building, focusing on innovators disrupting fast-evolving global sectors.Source (opens in a new tab)
- Investing status notes
- Site is current (© 2026 copyright), publishes 2026-dated insights articles, and actively lists open portfolio jobs and a careers page.
Funds
- B Capital Healthcare II, L.P.
- Vintage 2024Main fund
- B Capital Global Growth IV, L.P.
- Vintage 2024Main fund
- B Capital Ascent Fund III, L.P.
- $307MVintage 2023, Main fund, SEC amount sold
- B Capital Ascent SSEA Fund I, L.P.
- $102MVintage 2023, Main fund, SEC amount sold
- B Capital Global Growth III, L.P.
- $1.6BVintage 2021, Main fund, SEC amount sold
- B Capital Ascent Fund II, L.P.
- $254MVintage 2021, Main fund, SEC amount sold
- B Capital Healthcare I, L.P.
- $244MVintage 2021, Main fund, SEC amount sold
- B Capital China I, L.P.
- $235MVintage 2021, Main fund, SEC amount sold
- B CAPITAL FUND, L.P.
- Main fund
- B CAPITAL OPPORTUNITIES FUND II, L.P.
- Opportunity
- B CAPITAL OPPORTUNITIES FUND I, L.P.
- Opportunity
- B CAPITAL COINVEST FUND (N2), L.P.
- SPV
- More funds
- 9 more recorded
SEC registration
- Registered adviser
- B CAPITAL GROUP MANAGEMENT, L.P.
- CRD number
- 287986 (opens in a new tab)
- SEC file number
- 802-110185
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $8.2Bas of 2026-05-29
- Private funds reported
- 19
- Principal office
- MANHATTAN BEACH, CA, United States
- SEC CIK
- 1849581, 1875322, 1875323
Locations
- Office
- Hong Kong, Hong Kong
- Office
- Doha, Qatar
- Office
- Singapore, Singapore
- Office
- Austin, TX, United States
- Office
- Los Angeles, CA, United States
- Office
- Manhattan Beach, CA, United States
- Office
- New York, United States
- Office
- New York, NY, United States
- Office
- San Francisco, CA, United States
- Office
- Hong Kong
- Office
- Singapore