Lightning Venture Funds
Seed / Series A
Backing exceptional builders with strategic capital and operational insight — a high-conviction strategy focused on the second-order effects of AI.
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Three strategies · One platform
Innovation doesn’t sit in a single asset class. Neither do we.
Lightning Capital invests across the whole continuum of technology value creation — from first conviction at seed, through late-stage private markets, to liquid digital assets. One platform, three disciplined strategies.
Lightning Unicorn Fund
Secondaries · Pre-IPO
Curated access to elite private technology companies before broader liquidity events, informed by the proprietary Prime Unicorn 30 Index.
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Systematic digital assets
A systematic arbitrage and yield strategy for digital-asset markets — disciplined risk management rather than reliance on market direction.
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About Lightning Capital
Institutional discipline. Operator-led insight. Proprietary research.
Lightning Capital brings together venture investing, late-stage private-market strategies, and systematic digital-asset investing on a unified platform — identifying and supporting the next generation of technology leaders.
We believe the most compelling opportunities in emerging technology do not sit within a single asset class or moment in time. Innovation increasingly develops across private markets, secondary markets, and liquid technology ecosystems before reaching broader adoption. Lightning Capital is built to invest across that continuum.
Proprietary intelligence
The Prime Unicorn 30 Index.
The Lightning Unicorn Fund is informed by proprietary data and a decision engine powered by the Prime Unicorn 30 Index — through our portfolio company, Lagniappe Labs.
The index provides a data layer that brings discipline to late-stage private-market selection: differentiated market intelligence, ranking, and ongoing performance analysis.
As more value creation occurs before IPO, the Unicorn Fund is designed to help LPs participate in that shift.
Who we serve
Two sides of the same platform.
For entrepreneurs
More than capital.
Strategic capital, industry relationships, operational support, and critical networks — everything exceptional companies need to scale through their most important growth phases.
For investors
Differentiated return streams.
For sophisticated investors, we seek to deliver differentiated return streams across liquid and private markets — on one institutional platform, with real fund administration.
Our approach
Long-term. High-conviction. Built for the continuum.
01
The most compelling opportunities don’t sit within a single asset class — or a single moment in time.
02
Innovation develops across private, secondary, and liquid ecosystems long before broad adoption.
03
Lightning Capital is built to invest across that continuum.
04
We focus where technological innovation is creating durable value — and hold our conviction.
Our portfolio
Companies building the next era of technology.
Current venture portfolio
Phasic Energy
Togal.AI
ElectronX
Lagniappe Labs
Thrive
PeachWeb
ML Tech
Hypersphere
Kino
Edgemesh
GameOnExited venture portfolio
Kutt
Our leadership team
Founders, operators, and investors.
Jason Albanese
Co-founder, General Partner & CEO
Dr. Jock Percy
Co-founder, General Partner & CFO
Michele Griffin
General Partner & COO
Formerly Andreessen Horowitz
Jori Kretzers
Chief Investment Officer
Amy Coveny
Head of Investor Relations & Venture Ops
Townsend Baldwin
Head of Capital Formation
Strategic advisors
Tim Ryan
Economic Policy and Technology Competitiveness
Greg Schultz
Strategic Communications and Public Policy
Dan Donovan
Government Affairs, Legal and Regulatory Insight
News + content
From the firm.
June 2, 2026
Investing in the Future of AI Infrastructure: Why We Invested in Phasic Energy
Our investment in Phasic Energy represents a strategic commitment to the structural backbone of generative AI — solving the critical energy bottleneck facing the next generation of institutional AI infrastructure.
Read more →May 28, 2026 · Press
Lightning Capital Announces $100M Venture Fund II; Names Former Andreessen Horowitz Partner Michele Griffin as General Partner and COO
“Michele could have joined any firm, but she chose Lightning Capital. Her arrival is a strategic milestone that delivers immediate value across our entire ecosystem.” — Jason Albanese, CEO, Co-Founder & GP
Read the press release →March 12, 2026
How Lightning Capital adapts to a changing global economy
Innovation is a global economic force reshaping productivity, capital markets, and institutional investment strategies. We view innovation as a continuous process spanning multiple cycles, regions, and asset classes.
Read more →February 28, 2026
Navigating a Shifting Global Landscape
The post-2020 decade is defined by structural realignment: digital infrastructure growth and capital migration toward decentralized economies. Lightning Capital’s strategies sit at this intersection.
Read more →
Contact us
Let’s talk about the next generation of technology leaders.
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