VC firm
Fitz Gate Ventures
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Assets under management
- $70MStated by firm, as of 2026-09-17Source (opens in a new tab)
- Latest fund size
- $5.9MSEC amount sold, as of 2016-10-28Source (opens in a new tab)
- Funds
- 3
- Check size
- $500K to $1MSource (opens in a new tab)
Claim, correct or request removal
Record updated 27 September 2026
About
Fitz Gate Ventures is an early stage venture capital firm currently investing out of its third fund, with Rice University’s Office of Innovation as one of its anchor investors. Recent exits include: (i) Celestial AI which sold for $5.5bb to Marvell Technologies (NYSE: MRVL). Fitz Gate led the seed+ round for Celestial; and (ii) Quantum Circuits, Inc. which sold for $550mm to D-Wave (NYSE: QBTS). Fitz Gate was the first institutional investor in Quantum Cirucuits. Fitz Gate III invests anywhere in the U.S. and is a generalist fund with a sub-focus on deep tech.
Investment approach
- Thesis
- Fitz Gate III invests anywhere in the U.S. and is a generalist fund with a sub-focus on deep tech.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Lead policy
- Will lead, co-invest or invest alone, writing initial checks of $500k-$1mm, reserving for follow-on rounds
- Reserves policy
- reserving for follow-on rounds
- Investing status notes
- currently investing out of its third fund
Funds
- Fitz Gate Ventures, L.P.
- $5.9MVintage 2016, SEC amount sold
- Fitz Gate Ventures II, L.P.
- Main fund
- Fitz Gate Ventures III, L.P.
- Main fund
Programs
Loading relationship preview