Martin Rajcan works across three different investing roles simultaneously—as a Venture Partner at Blue Bear Capital (U.S. climate/energy), General Partner at KAYA VC (Central & Eastern Europe), and through his own angel platform Tenet Global—giving him an unusually cross-regional perspective that he uses to share insights between different markets and investment stages. He brings a CFO background from his previous role at Priori Data and focuses heavily on helping founders with detailed financial modeling and unit economics rather than just providing capital.
About their Fund
Sectors
AI, Energy, Climate, Logistics, Transportation
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Notable Investments
Blue Bear Capital is a venture capital fund that focuses specifically on AI and software for energy and infrastructure, deliberately avoiding capital-intensive hardware to target short-cycle, high-return digital solutions for grid, plant, and fleet operators. The fund's partners bring unusually deep operational backgrounds from energy private equity and NASA, using their experience with complex technical systems to evaluate founders and technology risk in ways that traditional VCs cannot.
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Popular Investors
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Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
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2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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