Leonis Capital

Leonis Capital is a research-driven venture capital firm based in San Francisco, focusing on early-stage AI-native startups. The firm partners with technical founders to turn groundbreaking AI research into transformative investments, fueling the next generation of AI-driven companies. Since its inception in 2021, Leonis Capital has been dedicated to supporting technical founders at the earliest stages, combining deep technical expertise with institutional investing experience.

The firm's investment strategy centers on sectors such as technology and artificial intelligence, targeting seed and early-stage companies. Leonis Capital's approach is characterized by a research-driven methodology, aiming to identify and support promising AI-native startups. The firm has raised two funds, with the most recent, Fund II, closing at $25 million in August 2025. This fund is backed by institutional limited partners and a diverse mix of operators and founders in the AI industry, including individuals from Nvidia, OpenAI, and Anthropic.

Leonis Capital's portfolio includes a diverse range of companies, from seed- and pre-seed-stage startups to well-established public companies. The firm emphasizes providing unparalleled support through its extensive advisor and corporate strategic network, which comprises advisors, experts, founders, and investors. This network offers founders access to insights and perspectives from across the tech industry, aiding in their success and growth. The firm's mission is to be the first partner for technical founders, leading with conviction and being research-driven at its core, to build an enduring institutional venture franchise in the AI era.