Pete Bastien

President & Partner, Hitachi Ventures
Pete Bastien, President & Partner, focuses on early-stage, systems-level climate, industrial and digital infrastructure investing, writing $100K–$5M checks and taking active non-executive director roles at portfolio companies like Provectus Algae.
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About Pete Bastien

Pete Bastien is President & Partner at Hitachi Ventures, where he leads North American operations and serves as a Non-Executive Director at portfolio company Provectus Algae, demonstrating hands-on governance involvement beyond typical financial backing. He specializes in early-stage corporate venture investing with a systems-level focus spanning climate tech, industrial innovation, and digital infrastructure, typically writing $100K-$5M checks at seed and Series A stages for companies like Direct Ocean Capture firm Captura and factory-built nuclear company Aalo Atomics.

About their Fund

Hitachi Ventures

Sectors
AI, Biotech, Climate, Energy, Health
Rounds
Seed - Series B+
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Hitachi Ventures is a strategic CVC arm that focuses on startups able to plug into Hitachi's infrastructure, energy, mobility, and industry platforms rather than being a generic financial VC, with portfolio companies chosen for their ability to co-create with Hitachi's operating businesses and access their global customer base. The fund operates with a distinct dual-office structure bridging European deep-tech ecosystems with US startup hubs and actively positions as a bridge between startups and the 100+ year industrial conglomerate through hands-on orchestration of pilots, go-to-market, and product integration with Hitachi business units.

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