MA

Mike Annunziata

General Partner at Also Capital

New York, New York

Overview 

Mike Annunziata, Founder & General Partner at Also Capital, has a diverse background in entrepreneurship and investment management. With a successful track record of investing in early-stage startups like Varda and Farther Farms, he brings expertise in food technology and market research to his current role, focusing on sectors such as EnergyTech, AI, and Digital Health. Highlights of his career include founding Also Capital and serving on the board of Varda Space Industries, showcasing his ability to identify promising investment opportunities and contribute to the growth of innovative companies in emerging sectors.

Work Experience 

  • Founder & Managing Partner

    2018 - Current

    We provide Catalytic Capital to Hard Tech founders.  Investing across Aerospace, Defense, Robotics, Advanced Manufacturing, Communications, Mobility, Energy, and Applied AI. Pre-seed/seed portfolio of over 20 companies with an aggregate enterprise value of over $2B, including: - Radiant Nuclear (USV, DCVC, a16z, Founders Fund) - Northwood (Founders Fund, a16z, Alpine Space) - Varda Space (Founders Fund, Lux, Khosla, Caffeinated Capital) - K2 Space (Altimeter, Lightspeed, First Round) - ConductorAI (Lux, AltCap, Haystack, Bungalow) - AnySignal (Caffeinated Capital, Blue Yard, First In) - Andrenam (First Round, Long Journey) - Vital Lyfe (Cantos, SpaceVC) - Biosphere (Lowercarbon, Founders Fund, Caffeinated Capital)

Investing at the People Stage and Optimizing for Interesting is our way of helping do just that.

  • Board Member

    2021

    Varda is expanding the economic bounds of humankind by building the world’s first space factories.

Varda is a space manufacturing startup that creates products in microgravity and retrieves them for terrestrial use.

Raised $141,025,000.00 from Caffeinated Capital, Fifty Years, Founders Fund, Lux Capital, Khosla Ventures, Nitesh Banta, General Catalyst, Kyle Tibbitts, Angel Collective Opportunity Fund and Sinai Capital Partners.

  • Scout

    2022 - 2023

    Scouted for Ray and Varun. Was fortunate to meet some cool people in their network and learn a lot from them! Some of the best in the biz.

Caffeinated Capital is a technology venture capital firm that partners with founders at the inception stage.

  • CEO & Co-founder

    2016 - 2023

    Learned how to take an ambitious idea and make it a real thing in the real world. Made lots of mistakes along the way, but did it with great people. Built a team, shipped product, and navigated the challenges of leadership, fundraising, and building momentum in a Hard Tech startup.

Farther Farms is dedicated to providing a superior product to their consumers.

Raised $1,215,764.00 from Side Door Ventures.

  • Investment Partner

    2016 - 2018

    Learned how to do pre-seed and seed from some of the best in the business. Built an awesome network of ambitious startup founders and early career VCs whose scale and rate of success continues to amaze me.

Dorm Room Fund is the strongest community of entrepreneurial students in the nation.

  • Senior Investment Analyst

    2014 - 2018

    Allocated over a billion dollars to blue chip and emerging asset managers. Learned what great investors (and investment firms!) look like. Was taught how to prudently allocate capital and proactively manage portfolios and risk. Was taught the importance of sound investment principles, applied consistently.

  • Legal Analyst

    2011 - 2014

    Mostly took a lot of notes. Learned a lot in the process by listening to people far smarter and more accomplished than me. Spent time and built relationships with people operating at the top of the investment world.

  • Recruitment Intern

    2010 - 2010

    Fulfilled a childhood dream and interned at the Commissioner's office for a summer. A cool experience!

MLB Store is an e-commerce platform that provides a wide range of branded jerseys to choose from.

  • Labor Relations Professional Intern

    2009 - 2009

    Another childhood dream...got to work at Disney World! Learned what it takes to scale an organization whose core offering is a high touch, high quality consumer experience.

  • Finance Intern

    2009 - 2009

    Part-time finance intern. Learned what professional world hard work looks like for the first time.

EMI is a British multinational music recording and publishing company that also focuses on electronics device and systems manufacturing.

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