CapitalG
Alphabet's independent growth fund.
Investing activity
CapitalG appears in 8 AI deals tracked by the AI Lounge deals desk, rounds totalling $5.1B, and led 5 of them. The rounds are mostly Growth, Series C and Series B, with a median round size of $600M and the largest at $2.1B. The most recent are Physical Intelligence (Series round (reported talks), $1B, Oct 2026), Bedrock Robotics (Series C, $600M, Oct 2026) and Clay (Series D, $115M, Sep 2026).
CapitalG most often invests alongside Thrive Capital, Valor Equity Partners, Temasek and Lux Capital, and the companies it backs on AI Lounge are mostly in Robotics foundation models, Autonomous construction robotics and Data Collection and Labeling.
Deals
Frequently asked questions about CapitalG
What AI companies has CapitalG invested in?
CapitalG's AI investments include Physical Intelligence, Bedrock Robotics, Clay, Celero Communications, OpenRouter, Isomorphic Labs and Baseten. The 8 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is CapitalG based?
CapitalG is based in San Francisco, US.
What stage does CapitalG invest at?
In the rounds tracked on AI Lounge, CapitalG has invested at Growth, Series C, Series B and Series D, with a median round of $600M. CapitalG led 5 of those rounds.
Who does CapitalG co-invest with?
CapitalG's most frequent co-investors on AI Lounge are Thrive Capital (2 deals), Valor Equity Partners (2 deals), Temasek (2 deals), Lux Capital (1 deal) and Avenir (1 deal).
How can founders reach CapitalG?
Founders on AI Lounge can see CapitalG's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add CapitalG to their Investor Pipeline to track the conversation.