magarac venture partners
Status
ACTIVE
Global HQ
Pittsburgh, United States
Countries of investment
- United States
Investment stages
- Seed
- Series A
Industries
- Enterprise Software
- Cybersecurity
- Developer Tools
- Artificial Intelligence
About
Magarac Venture Partners is an early-stage venture capital firm that invests in hard tech and industrial technology startups. Based in Pittsburgh, the firm focuses on supporting founders in the Midwest, leveraging regional expertise to foster innovation in robotics, AI, and advanced manufacturing.
Magarac Venture Partners is an early-stage venture capital firm that invests in hard tech and industrial technology startups. Based in Pittsburgh, the firm focuses on supporting founders in the Midwest, leveraging regional expertise to foster innovation in robotics, AI, and advanced manufacturing.
Investment Thesis
Magarac Venture Partners is a pre-seed and seed-stage venture capital firm investing in the future of hard tech within America's Industrial Heartland. They focus on sectors including industrial automation, advanced materials, robotics, AI/ML, and supply chain technology. The firm leverages its deep roots and network in Pittsburgh and the Midwest, combining experience as founders, operators, and investors to support their portfolio companies from the earliest stages.
Manager's Experience
The managing partners bring over 60 years of combined experience in venture capital and private equity, primarily from their time at Draper Triangle Ventures. Jay Katarincic, a co-founder of Draper Triangle, has over 30 years of experience, while Will Allen and Zach Malone have over 20 and 10 years respectively. Their collective background provides deep expertise in early-stage investing within the Pittsburgh technology ecosystem.
Team
Will Allen - Managing Partner
Jay Katarincic - Managing Partner
Zach Malone - Managing Partner
Michael D. W. Golebiewski - Principal
Cole Grabiak - Associate
Portfolio
Bloomfield
Confirmed
Covert Labs
Digital Dream Labs
DisSolves
Four Growers
Gather AI
IAM Robotics
KEF Robotics
Koop
Mach9
Rimsys
RoadRunner Recycling
Shift
Sustainible