Trust Ventures

Trust Ventures is a venture capital firm founded in 2018 and headquartered in Austin, Texas. The firm invests in early-stage startups tackling significant societal challenges in highly regulated industries, with a particular focus on clean energy, affordable housing, and healthcare. Its differentiated approach pairs capital with hands-on strategic advisory — including regulatory navigation, policy advocacy, and relationship-building — at no additional cost to portfolio companies. Trust Ventures has raised three funds: Fund I ($35M, 2018), Fund II ($70M, 2019), and Fund III ($200M, closed February 2022). The firm primarily invests at the Seed and Series A stages and has backed notable companies including Oklo, ICON, Sana Benefits, Antora Energy, and Base Power. General Partners Salen Churi and Brian Tochman lead the firm; Churi brings a background in law and academia, while Tochman has experience in entrepreneurship and private equity.