Pachamama Ventures

Pachamama Ventures is a San Francisco Bay Area-based pre-seed venture fund founded by Karen Sheffield, a former Fortune 100 finance executive with 16 years of operating experience at Visa, PepsiCo, and American Airlines. The firm invests in early-stage companies building the foundational technologies of what it calls the Second Industrialization — the climate-driven reindustrialization of the physical economy. Its four core focus areas are: advanced materials and industrial processes, energy systems and infrastructure, industrial and freight technology, and climate data and decision infrastructure (AI/SaaS). Pachamama's stated differentiation is direct commercial access to Fortune 500 procurement relationships, which it uses to accelerate enterprise sales cycles for portfolio companies. Fund I closed in June 2026 with 54 LPs, anchored by climate foundation Environment Next, and seven portfolio companies including ElectricFish, Ventrix Labs, Mars Materials, Matereal, Trainsit, Celeste, and Gentian. Founders can submit companies via the firm's Decile Hub portal.