Combine

Combine is a boutique venture capital firm that merges design studio expertise with venture firm support to invest in design-forward companies across various industries. The firm focuses on early-stage investments, particularly in the Pre-Seed and Seed stages, with a geographical focus on the United States. Their investment areas include Commerce, Consumer Services, Enterprise, and Agtech.

The firm's investment strategy emphasizes disciplined risk management combined with innovative, crypto-native investment strategies, particularly in the decentralized finance ('DeFi') sector. They aim to support companies leveraging technology to solve significant problems and create impactful solutions, with an emphasis on long-term growth potential.

With a team led by founder and CEO Adam Michela, who has a background in design at Dropbox, Combine has made 14 investments and achieved 2 portfolio exits. Their latest investment was in Equals as part of their Series A on November 9, 2022. The firm's approach focuses on backing companies that are 'doing good' while achieving returns, with early investments often yielding exponential growth.