CIV Launches with $210M Fund to Back and Build Companies Reshaping Critical Industries

5 hours ago 1

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Oversubscribed CIV Fund One attracts StepStone Group, Gwynne Shotwell, and leading institutional investors

Financial Post

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VENICE BEACH, Calif. — CIV, an investment firm focused on backing and building transformative companies reshaping critical industries, today announced the close of its inaugural CIV Fund One. The fund is oversubscribed with more than $210 million in capital commitments.

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“The defining companies of this century will reimagine the systems that underpin our economy and society.”

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Founded by seasoned entrepreneurs and investors, CIV operates on the principle that civilization advances through bold technological innovation. CIV Fund One targets a projected $70 trillion U.S. market opportunity by 2050* for ongoing industrial transformation, strategically responding to critical shifts including artificial intelligence transforming the global economy, reshoring of manufacturing and supply chains, and surging energy demand.

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CIV Fund One is backed by a distinguished group of founding limited partners, including StepStone Group, Gwynne Shotwell (President and COO, SpaceX), Brown Advisory, Fred Wilson (Co-Founder, Union Square Ventures), and a global network of leading institutions, endowments, family offices, and founders.

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Gwynne Shotwell, President and COO, SpaceX said: “What sets CIV apart is their conviction and hands-on approach. They’re not just investors—they’re active company builders who help founders execute and scale from day one.”

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CIV’s strategy is rooted in its ability to operate as both investor and company builder. The firm combines deep operating experience, a flexible capital model, and a global advisory network—creating structural advantages from company formation to scale. CIV partners directly with exceptional founders—and when the right company doesn’t yet exist, it co-founds and incubates one in-house.

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CIV’s early investments reflect this hybrid strategy. The firm invested in Senra Systems, a next-gen manufacturing business applying automation to the wire harness industry. CIV also co-founded and seeded The Nuclear Company, a fleet-scale nuclear energy platform powering the AI and industrial economy. Additional Fund One investments include Base Power, Crux, and Verse—companies advancing scalable solutions in energy, fintech, and strategic supply chains.

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CIV was founded by Patrick Maloney, Jeff Rosenthal, and Abhijoy Mitra—entrepreneurs and investors who have financed, built and scaled category-defining companies. Together, their combined expertise provides CIV-backed founders with a distinct operational and strategic advantage.

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Maloney is an EY Entrepreneur of the Year and previously founded Inspire, a clean energy company acquired by Shell. Rosenthal co-founded Summit, the influential global thought leadership communities, is the co-owner of Powder Mountain, and has been a Senior Advisor to SpaceX, Colossal Biosciences, Scopely, Calm, Masterclass, and Goodleap, among others. Mitra was previously a General Partner at Coatue, leading venture and growth investments in industrial technology and climate innovation.

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“The defining companies of this century will reimagine the systems that underpin our economy and society,said Patrick Maloney, Co-Founder and CEO, CIV.We actively partner with visionary founders to build businesses that address the most pressing challenges of our time. When the best company exists, we back it. When it doesn’t, we partner with outlier founders to build it.”

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“CIV is a firm built for founders, by founders,” said Jeff Rosenthal, Co-Founder and Managing Partner, CIV. “Great founders don’t just build businesses, they define movements and reshape markets. CIV exists to empower them with the resources and global relationships that help them execute at scale.”​

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“The global economy is undergoing a fundamental shift,” added Abhijoy Mitra, Co-Founder and Managing Partner, CIV. “What’s needed isn’t just capital, it is long-range vision and operating capabilities. We’ve built CIV to deliver both.”

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Media kit, founder biographies, and headshots can be found here.

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Notes to Editor

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About CIV

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CIV is an investment firm that backs and builds transformative companies reshaping the world’s most critical industries. By combining deep operating expertise, a flexible capital model, and a unique global advisory network, CIV creates structural advantages for visionary founders tackling society’s most urgent challenges. When the best company exists, we back it. When it doesn’t, we partner with exceptional founders to develop groundbreaking ideas, build new companies, and accelerate their growth. www.civ.co

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*Source: Princeton University’s Net-Zero America Report, 2021. Eric Larson; Jesse Jenkins; Chris Greig; Steve Pacala; Rob Socolow; Robert Williams; Erin Mayfield; Andrew Pascale; Chuan Zhang; Joshua Drossman; Rick Duke; Rich Birdsey; Keith Paustian; Amy Swan; Emily Leslie; EJ Baik; Ryan Jones; Ben Haley

Calculation based on E+RE+ scenario, across CIV’s five strategic pillars: Energy and Resources ($28.25-30.25T), Digital and Data Infrastructure ($1.67T), Advanced Manufacturing and Industrial Automation ($4.6T), Mobility and Transportation ($26.515T) and Built Environment and Infrastructure ($11.6T).

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