VC firm
Blue Bear Ventures
Also known as Blue Bear 2022 Coinvest, Blue Bear 2022 Coinvest Fund, LP, Blue Bear Capital, Blue Bear Capital Partners II, LP, Blue Bear Capital Partners III, LP, Blue Bear Ventures Fund I, L.P.
- Investor type
- VC
- Headquarters
- Los Angeles, CA, United States
- Founded
- 2017
- Assets under management
- $313MForm ADV private fund GAV, as of 2026-03-26Source (opens in a new tab)
- Latest fund size
- $119MSEC amount sold, as of 2022-10-07Source (opens in a new tab)
- Funds
- 6
- Legal name
- Blue Bear Investment Group, LLC
- bbv.io (opens in a new tab)
- LinkedIn (opens in a new tab)
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Record updated 28 September 2026
About
Blue Bear Ventures (BBV) engages founders working on the frontiers of science and technology with the ambition to solve the most pressing challenges we face in the world today.
Investment approach
- Thesis
- The most important aspect of our deep tech companies are the founding teams. We’re not investing in just an idea and a single founder – we’re investing in the co-founding team and the early employees that help a company through its growth. For a company to make an impact, it must be surrounded by individuals with the right combination of technical skills and entrepreneurial spirit. BBV builds strong relationships with companies we invest in based on trust. We are not traditional investors that just look at metrics, but are also confidants who help the founders and team. We advise our companies in all areas from the earliest stages so they can focus on their ultimate goal of bringing their breakthrough technologies to the world. The journey of climbing a mountain is non-linear. Our objective is to guide our companies through the peaks and valleys while helping them making the right choices with conviction. We are not the authorities in directing founders along their path – we leave that to the founders. Instead, we see ourselves as part of the companies team, providing clarity along the way. We are with our companies through their entire journey. Not just the beginning.Source (opens in a new tab)
Funds
- Blue Bear Capital Partners III, LP
- $119MVintage 2022, Main fund, SEC amount sold
- Blue Bear 2022 Coinvest Fund, LP
- Vintage 2022Main fund
- Blue Bear Capital Partners II, LP
- $10.1MVintage 2019, Main fund, SEC amount sold
- Blue Bear Ventures Fund I, L.P.
- $3.6MVintage 2017, Main fund, SEC amount sold
- BLUE BEAR IMPACT EXTENSION FUND, LP
- Main fund
- BLUE BEAR CAPITAL PARTNERS, LP
- Main fund
SEC registration
- Registered adviser
- BLUE BEAR INVESTMENT GROUP, LLC
- CRD number
- 308460 (opens in a new tab)
- SEC file number
- 802-127815
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $313Mas of 2026-03-26
- Private funds reported
- 5
- Principal office
- JACKSON, WY, United States
- SEC CIK
- 1721945, 1793951, 1949649
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