Organization · Venture Capital

AFI Capital Partners

AFI Capital Partners is a cannabis-focused growth equity firm based in Austin, Texas, investing in early and growth stage companies across the cannabis value chain, including ancillary services and state-licensed operators.

Venture CapitalFunder

Overview

What AFI Capital Partners does

What AFI Capital Partners is

AFI Capital Partners is a cannabis-focused growth equity firm based in Austin, Texas, investing in early and growth stage companies across the cannabis value chain, including ancillary services and state-licensed operators.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 2018
Approximate age
About 8 years
Structured capabilities
Funder
Last reviewed
April 23, 2026

Official channels

Find AFI Capital Partners elsewhere

Open the official website or a supported primary organization account.

Capability profile

AFI Capital Partners as a funder

Investment thesis

AFI Capital Partners is a cannabis-focused growth equity firm investing across the cannabis value chain, including state-licensed operators and ancillary services.

Focus narrative

AFI Capital Partners invests in early and growth stage companies within the cannabis sector and adjacent hyper-growth consumer-regulated markets. The fund primarily targets ancillary businesses that facilitate and service the cannabis industry, including cultivation, retail, and cannabis technology.

Value beyond capital

AFI Capital Partners adds value to its portfolio companies through operational engagement, board seats, and strategic expertise in the cannabis sector. The team leverages its industry knowledge to help companies navigate the complexities of the cannabis market and achieve growth.

Focus and fit

Stages
Seed · Series A · Series B · Growth Equity

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
23

Portfolio context

Notable portfolio companies include: Texas Original Compassionate Cultivation (TOCC): Texas' leading medical cannabis provider. Headset: A cannabis data and analytics company. Biopharmaceutical Research Company (BRC): A DEA-licensed cannabis research firm. Vertosa: Specializes in nano/micro-emulsion technology for infused products. Botanica: A company producing cannabis-infused food products.

Common questions

What to know about AFI Capital Partners

Upseed classifies AFI Capital Partners under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 23, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.