Baruch Future Ventures (BFV)

Baruch Future Ventures (BFV) is a venture capital firm based in Menlo Park, California, and the family investment office of veteran deep tech investor Tom Baruch. Founded in 2012, it invests across pre-seed, seed, Series A and later rounds, concentrating on frontier technology in materials, energy and advanced manufacturing. The firm frames its mandate around three themes, climate restoration, resource scarcity and sustainability, and looks for companies whose underlying physics or chemistry gives them a structural cost advantage rather than a software distribution edge.

BFV writes early checks and holds through long development cycles, which suits the capital-intensive science it backs. Notable positions include battery materials company Sila Nanotechnologies and solid-state battery developer Solid Power, within a portfolio of more than fifty companies that also spans geothermal power at Fervo Energy, mineral exploration at KoBold Metals, green hydrogen electrolysers at Ohmium, vacuum-insulated glass at LuxWall, engineered wood at Inventwood, enzyme engineering at Codexis and launch at Relativity Space.

What distinguishes the firm is its principal's record and its structure. Tom Baruch built CMEA Capital in 1988 with New Enterprise Associates and 3M, managed $1.2 billion across seven funds, and led investments that produced eighteen IPOs; he later founded Formation 8, the precursor to 8VC. Because BFV deploys family capital rather than institutional fund commitments, it carries no fund-life exit pressure and can move at the pace the underlying science requires. The firm reports approximately 30 percent annual returns over the decade beginning in 2013 and a 5x multiple on invested capital, and describes itself as a pioneering climate-tech focused family investment firm with more than thirty years of climate investing behind it.