Ravelin Capital

Ravelin Capital is an early-stage venture capital firm founded in 2023 by Lucas B. C. Vaz (Founder and General Partner) and based in San Francisco, CA. The firm invests in software-defined companies operating in what it calls "Critical Industries" — sectors including defense, energy, infrastructure, space, advanced manufacturing, agriculture, and robotics. Its thesis centers on backing founders who apply software to modernize and verticalize hard, mission-critical industries in response to infrastructure decay, institutional challenges, and shifting geopolitical dynamics. Portfolio companies include Apex, Hadrian, Base Power, Chariot Defense, Aetherflux (formerly Cowboy), Epsilon3, Galvanick, Integrate, Orchard Robotics, Shinkei Systems, and Traba, among others. Check size, fund size, and application details are not publicly disclosed.