At One Ventures

At One Ventures is a venture capital firm that invests in early-stage deep tech companies developing disruptive technologies to revolutionize established industries, achieving superior unit economics while delivering significant environmental benefits. The firm targets breakthroughs in physics fundamentals—matter, energy, time, and space—that enable solutions outperforming incumbents by cutting costs more than three times the industry margin. Their focus spans air, water, soil, and biodiversity, supporting companies that eliminate environmental damage like carbon emissions and foster regenerative ecosystems, ultimately aiming for a world where humanity is a net positive to nature.

Founded in 2020 by Tom Chi, Laurie Menoud, and Helen Lin, At One Ventures emerged from Tom Chi's firsthand observation of rapid coral reef degradation, prompting him to leave Google X and dedicate himself to climate solutions. Chi's background in physics, engineering, and robotics complements Menoud's expertise in materials, biology, chemicals from BASF and SRI International, and Lin's global finance experience across continents. The firm manages $525 million across two funds and emphasizes diverse founders from academics to scale-up veterans, with 40% from underrepresented groups and a globally distributed portfolio.

The portfolio features innovative companies such as Prefer (bean-free coffee), Chemfinity (critical metal circularity), Provectus Algae (enhanced algae), Relectrify (smarter storage), Gigablue (nature-based CO2 removal), Noon (batteries from abundant materials), Mightyfly (hybrid electric drone delivery), and Colossal (keystone species revival). Recent investments include Addis Energy, Near Space Labs, and Factor2 Energy. Investments span Pre-Seed to Series C, primarily in North America (70%), Europe (15%), and other regions like Africa, South America, and Israel.

The team provides extensive founder support through full-time experts in talent, operations, marketing, IP/patent strategy, and manufacturing. Partners bring proven track records from Google X, Microsoft Outlook, Yahoo Search, BASF, SRI International, Baird Capital, and FINCA Impact Finance, enabling rigorous diligence on hardware and commercialization challenges. They lead 90% of first placements and prioritize scaling manufacturing for superior unit economics.