Organization · Venture Capital
Hanover
Hanover is a venture capital firm based in Portola Valley, California, that invests in foundational technologies aimed at creating sustainable businesses. The firm focuses on sectors such as energy, data infrastructure, and enterprise work automation.
Overview
What Hanover does
What Hanover is
Hanover is a venture capital firm based in Portola Valley, California, that invests in foundational technologies aimed at creating sustainable businesses. The firm focuses on sectors such as energy, data infrastructure, and enterprise work automation.
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 9, 2026
Official channels
Find Hanover elsewhere
Open the official website or a supported primary organization account.
Capability profile
Hanover as a funder
Investment thesis
Hanover invests in foundational technology sectors including energy, data infrastructure, enterprise work automation, software-defined hardware, and simulation, focusing on building durable businesses that will drive the next evolution of the American economy.
Focus narrative
Hanover focuses on investing in various sectors including energy, data infrastructure, enterprise work automation, software-defined hardware, and simulation. The firm seeks to support technologies that are not only innovative but also have the potential to create durable businesses.
Value beyond capital
Hanover adds value to its portfolio companies by leveraging its expertise in foundational technologies and providing strategic guidance to help them scale and succeed in their respective markets.
Terms and economics
- Typical check
- $22,000,000
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity
- Sectors
- EnergyData Infrastructure
- Regions
- North AmericaUnited States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 18
- Recorded notable exits
- Archaea Energy, Enovix Corporation, and Enphase Energy
Portfolio context
Hanover's notable portfolio companies include RelatelQ, Socotra, Sourcegraph, Material Security, Elementl, Retool, Premise Data, Golden, Mattermost, Solugen, and Flatfile. These companies represent a diverse range of foundational technologies that align with Hanover's investment thesis.
Common questions
What to know about Hanover
Upseed classifies Hanover under the Venture Capital organization type. Its current public profile includes funder capabilities.
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 9, 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.