Spatial Capital
Pre-seed and seed fund backing B2B physical AI startups in energy, agriculture, mining and infrastructure.
🇺🇸 San Francisco, California · Founded 2021
Checks $100K – $400K·Pre-seed to Seed·Leads or follows
Spatial Capital is an early-stage venture capital firm based in San Francisco. It backs pre-seed and seed founders building physical AI across North America, the UK and the EU. It focuses on B2B and B2G companies in industries such as energy, agriculture, mining and infrastructure. Founder and Managing Partner Doug Griffin has about 30 years of experience in computer vision and AI. He founded four technology companies and had three exits, including acquisitions by Apple and Roblox.
What they invest in
We back early-stage B2B companies applying physical AI to essential, often overlooked industries, including energy, agriculture, mining, infrastructure, and more.
- Check size
- $100K – $400K
- Stage
- Pre-seed to Seed
- Role in a round
- Leads or follows
- Fund
- Fund I · Follow Fund I
- Physical AI
- Computer vision
- Robotics
- Energy
- Agriculture
- North America
- United Kingdom
- European Union
How to pitch
They read inbound pitches that match the criteria above.
Open to
- Pitches from founders
- Co-investment
- Speakers for events
Founders can apply through the form on the firm's site. The firm leads some rounds and co-invests in others. Managing Partner Doug Griffin spoke at a Founder Institute Japan online event in September 2026.
Portfolio
PitchBook counts 20 investments in 17 companies since 2021, with one exit. The firm invests at pre-seed and seed in physical AI companies serving energy, agriculture, forestry, mining, construction and infrastructure across North America, the UK and the EU.
Some of the companies they have backed
The portfolio at a glance · 18 companies · 2023–2026 · 1 exit · led 1
Sectors
- Energy11%
- Agriculture6%
- Architecture6%
- Construction6%
- Other44%
Stage when they invested
- Pre-seed6%
- Seed39%
Where the companies are
- 🇺🇸 United States17%
- 🇨🇦 Canada11%
- 🇬🇧 United Kingdom11%
12 companies from the firm's own portfolio page plus 6 named only in public databases, as of Oct 2026. PitchBook counts 17 portfolio companies.
What founders say
“Doug and the Spatial team go out of their way to help. They're true value-add partners, and we're honored to have them in the Looq family.”
“Spatial Capital was our first institutional check—Doug saw something bigger than even we realized, helped us navigate a focused pivot, and gave us the clarity we were missing.”
“Spatial is more than an investor; they are a pivotal ally in our journey. Their strategic advice, backed by industry-wide respect, add substantial weight to our endeavors. We're lucky to have this world-class team behind us.”
“Doug, Steve, and Michel are great. They know everyone in the industry and are always connecting the dots to introduce the perfect people at the perfect time.”
Co-investors and partners
Funds that invested in the same rounds.
