DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / B••• B••• I••••••••• G••••• L••
B••• B••• I••••••••• G••••• L••
B••• B••• is a venture capital and early growth equity firm focused on AI-powered solutions for the world’s energy, infrastructure, and climate challenges.
venture manager, reported GAV $355M across 5 vehicles
Importance
34
moderate
Active deployment
55
elevated
Emerging
0
low
Completeness
69
high
Freshness
99
high
Research priority
19
moderate
Identity and regulatory footprint
- Headquarters
- Jackson, WYadviserinfo.sec.gov
- Office address
- 50 S KING STREET, SUITE 201, Jackson, WY, 83001adviserinfo.sec.gov
- Business phone
- 917-543-8891adviserinfo.sec.gov
- Website
- b•••••••••.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 26, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $313Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@bluebearcap.combluebearcap.compublished by the subject
- business email
- ernst@bluebearcap.combluebearcap.compublished by the subject
- business phone
- 917-543-8891adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
31 observed deals
Stated (the firm’s website)
- Sectors
- ai, climate, energy, logistics, industrial
- Stages
- growth
- Geography
- los angeles
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- growth investor
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
unknown 83%Other Technology 17%
lead rate 100%follow-on rate 0%new logos, 12 months 31
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| B••• B••• I••••• E•••••••• F•••• L• | Continuation vehicle | 2024 adv first reported | Early deployment | $24.7M Mar 29, 2024 | 11 | unknown | unknown |
| B••• B••• C•••••• P••••••• I••• L• | Fund | 2022 form d first sale | Active deployment | $129M Mar 29, 2024 | 68 | $119M | Oct 6, 2023 |
| B••• B••• 2••• C••••••• F•••• L• | SPV or co-invest vehicle | 2022 name year | Active deployment | $16.1M Mar 29, 2024 | 41 | $0 | Dec 23, 2022 |
| B••• B••• C•••••• P••••••• I•• L• | Fund | 2019 form d first sale | Mature | $156M Mar 29, 2024 | 93 | $10.1M | Nov 15, 2019 |
| B••• B••• C•••••• P•••••••• L• | Fund | unknown | Unknown | $29.5M Mar 29, 2024 | 65 | $0 | Dec 27, 2016 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
1 current, 0 departed
E•••• T•••••• S•••
PrincipalPrincipal · since Oct 1, 2019
Investments on record
31 edges, 30 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
40 relationships from shared deals, counted for the whole firm
IA Capital Group, Inc. 3 shared · recurringSeraphim Space Manager LLP 2 shared · recurringYouTube 1 shared · one timeIN Venture 1 shared · one timeLeadout Capital Management, LLC 1 shared · one timeVertex Ventures 1 shared · one timeBullvc Fund Management LLC 1 shared · one timeSJF Management LLC 1 shared · one timeLevel One Fund 1 shared · one time1984 Ventures Management, LLC 1 shared · one timeCity Light Capital Management III, LLC 1 shared · one timeZelkova Management, LLC 1 shared · one timeEarth Foundry Management, LP 1 shared · one timeWonder Ventures Management, LLC 1 shared · one timeMotley Fool Ventures 1 shared · one timeSignalfire 1 shared · one timeFika Ventures 1 shared · one timeConstruct Capital Management, LLC 1 shared · one timeNXP Management LLC 1 shared · one timeHOF Capital 1 shared · one timeAz-Vc, LLC 1 shared · one timeCongruent Management, LLC 1 shared · one timeConvective Capital Management, LLC 1 shared · one timeMerus Capital Management Company, LLC 1 shared · one timePowerhouse Ventures 1 shared · one timeHivemind Capital Partners LLC 1 shared · one timeDeepwater Asset Management, LLC 1 shared · one timeActivate Capital Partners 1 shared · one timeAzolla Management Company, LP 1 shared · one timeOCA Ventures, LLC 1 shared · one timeRegalis Solutions LLC 1 shared · one timeSwan & Legend 1 shared · one timeGiant Ventures Global LLP 1 shared · one timePortfolia Venture Management, LLC 1 shared · one timeHyde Park Venture Partners 1 shared · one timeAurora Management LLC 1 shared · one timeHyde Park Angels, Inc. 1 shared · one timeVesey Ventures LP 1 shared · one timeViewpoint Ventures 1 shared · one timeClimate Investment 1 shared · one time · they led 1 · we led 1
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
7 dated events
- Sep 16, 2026i•••••••• no longer listed on B••• B••• I••••••••• G••••• L••'s portfolio pageRemoved from portfolio pagePortfolioInferencei••••••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2024B••• B••• I••••• E•••••••• F•••• L• first reported on Form ADV by B••• B••• I••••••••• G••••• L•• (Venture Capital Fund), GAV $24,692,617Fund first reported on Form ADVFundsFactB••• B••• I••••• E•••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2024B••• B••• 2••• C••••••• F•••• L• first reported on Form ADV by B••• B••• I••••••••• G••••• L•• (Venture Capital Fund), GAV $16,146,000Fund first reported on Form ADVFundsFactB••• B••• 2••• C••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2024B••• B••• C•••••• P••••••• I••• L• first reported on Form ADV by B••• B••• I••••••••• G••••• L•• (Venture Capital Fund), GAV $129,150,320Fund first reported on Form ADVFundsFactB••• B••• C•••••• P••••••• I••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023B••• B••• C•••••• P•••••••• L• first reported on Form ADV by B••• B••• I••••••••• G••••• L•• (Venture Capital Fund), GAV $42,191,805Fund first reported on Form ADVFundsFactB••• B••• C•••••• P•••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023B••• B••• I••••••••• G••••• L•• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023B••• B••• C•••••• P••••••• I•• L• first reported on Form ADV by B••• B••• I••••••••• G••••• L•• (Venture Capital Fund), GAV $168,494,492Fund first reported on Form ADVFundsFactB••• B••• C•••••• P••••••• I•• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $355M across 5 vehicles
Evidence
46 observations from 3 sources