Firms
San Francisco venture investor with a sector-flexible first-check strategy across consumer, enterprise and deep tech; official history dates community origin to 2018. Seattle is a legal-series vehicle address, not established operating headquarters.
Founded 2018
Type Venture capital Funds2 LA-1213 Fund I, a series of BBQ Capital, LP 2025-02-10 2025-02-10 $260K USD 260,000 total offering and sold; USD 0 remaining; two investors | First sale 2025-02-07; filed 2025-02-10, [SEC document](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/xslFormDX01/primary_doc.xml), [filing index](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/0002049985-25-000001-index.htm) | Latest-known directly inspected series filing, not asserted to be the latest vehicle. USD 1,000 minimum is an LP subscription minimum, not a startup check size.
EX-1116 Fund I, a series of BBQ Capital, LP 2023-01-31 2023-01-31 — USD 109,774 total offering and total sold; USD 0 remaining; two investors | First sale 2023-01-17; filing signed 2023-01-31, [SEC Form D](https://www.sec.gov/Archives/edgar/data/1961450/000196145023000002/xslFormDX01/primary_doc.xml) | Filed sold amount for the offering, not a flagship close or aggregate AUM; no inference about underlying company allocation.
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TeamNo team members on record yet.
Investments$3M 2026-02-09 Veria Labs Y Combinator , BLAST , Liquid 2 Ventures , Amino Capital , Unpopular Ventures , BBQ Capital $13M 2022-01-12 Web3Auth Sequoia , Union Square Ventures , Multicoin Capital , LDV Capital , P2P Capital , BBQ Capital $12M Unknown date Cache BBQ Capital $1M Unknown date Yofi BBQ Capital $3M 2024-04-17 Zeko Labs BBQ Capital
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team@apexlogos.ai · 12 hours ago
Investment-fund research reviewed 2026-10-06. Publicly identified funds, dates, amounts and fundraising status are below. Undisclosed commitments remain unknown; this is not a complete register of private SPVs or parallel entities.
Fund size, status and stages
**No independently verified flagship fund size, aggregate AUM, standard check range or currently open fundraising target was found.** Individual legal series offerings below are not the manager's overall venture fund or AUM:
| Vehicle / measure | Amount and status | Date and source | Caveat |
| --- | --- | --- | --- |
| EX-1116 Fund I, a series of BBQ Capital, LP; filing also includes EX-1116 Fund I AL Vehicle | USD 109,774 total offering and total sold; USD 0 remaining; two investors | First sale 2023-01-17; filing signed 2023-01-31, [SEC Form D](https://www.sec.gov/Archives/edgar/data/1961450/000196145023000002/xslFormDX01/primary_doc.xml ) | Filed sold amount for the offering, not a flagship close or aggregate AUM; no inference about underlying company allocation. |
| LA-1213 Fund I, a series of BBQ Capital, LP | USD 260,000 total offering and sold; USD 0 remaining; two investors | First sale 2025-02-07; filed 2025-02-10, [SEC document](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/xslFormDX01/primary_doc.xml ), [filing index](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/0002049985-25-000001-index.htm ) | Latest-known directly inspected series filing, not asserted to be the latest vehicle. USD 1,000 minimum is an LP subscription minimum, not a startup check size. |
| Database fund-size claim | USD 19 million; last fund May 2025 | [Shizune](https://shizune.co/investors/profile/bbq-capital ) (page says updated September 2026; accessed 2026-10-06) | No fund name, vintage linkage, close/target distinction or primary announcement; unverified. |
| Database AUM/fund/check claims | USD 120 million AUM; Fund I USD 3 million with January 2018 date; USD 10–50 million tickets | [Private Equity List](https://privateequitylist.com/investors/bbq-capital ) (updated 2026-08-16; accessed 2026-10-06) | Unverified and inconsistent with the smaller fund/ticket figures on that same page and first-check strategy; do not import. |
Searches for newer funds and official fund announcements did not resolve these conflicts. [Axios, 2024-04-29](https://www.axios.com/newsletters/axios-pro-rata-c352d005-0ef0-4986-b1ac-df51581dd1a4 ) reports a separate Platform Fund effort involving Nemanja Kostic of BBQ, targeting up to USD 500 million. That is neither a BBQ fund close nor BBQ AUM.
Current supported positioning is first-check/early-stage, with historical seed and Series A participation. [Caplight](https://www.caplight.com/investor/bbq ) (undated, accessed 2026-10-06) additionally describes pre-seed to pre-IPO activity and a separate BBQ Opportunities vehicle for Series B onward. This broader mandate is a database claim, not verified from a current official strategy statement. Official materials reviewed do not disclose stage-specific allocation limits.
Funds recorded in Adex after this review:
| Fund | Disclosed amount | Announcement / filing date |
| --- | --- | --- |
| EX-1116 Fund I, a series of BBQ Capital, LP | Undisclosed / unverified | 2023-01-31 |
| LA-1213 Fund I, a series of BBQ Capital, LP | USD 260000 | 2025-02-10 | SHOW MORE
team@apexlogos.ai · 13 hours ago
Match research 2026-10-06 / GoldiBBQCapital / sha256:114462a44dc562897ad22e63d8198c27eb720cb2de301ed41b095ae04e3a53de / part 2 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
| **Zeko Labs**, baseline 2024-04-17 pre-seed with USD 3 million in participation `amount` | The company release confirms the USD 3 million round and zero-knowledge protocol work, but names **YBB Capital**, not BBQ. No BBQ mention was found. Likely name-confusion risk; BBQ attribution remains unverified. USD 3 million is the round total, not a supported BBQ check. | [Zeko company release via PR Newswire, 2024-04-17](https://www.prnewswire.com/news-releases/zeko-labs-announces-3-million-in-funding-to-propel-development-of-zeko-protocol-302115714.html ). |
| **Yofi**, baseline 2022-03-01 seed and BBQ marked lead | Forbes confirms BBQ participation, **Kickstart Fund as lead**, and USD 1.5 million total. It states the round closed in March 2022; October 4 is the article/launch announcement date. The exact March 1 day is not supported. A secondary launch report calls it pre-seed. Retail identity/fraud SaaS is not counted as strict deep tech. | [Forbes contributor interview, 2022-10-04](https://www.forbes.com/sites/frederickdaso/2022/10/04/yofi-raises-15m-to-make-customer-identity-central-to-the-retail-experience/ ); [The SaaS News, 2022-10-04](https://www.thesaasnews.com/news/yofi-raises-1-5-million-in-pre-seed-round ). Company Business Wire release URL was attempted but failed direct retrieval. |
| **Web3Auth**, baseline 2022-01-12 USD 13 million Series A | TechCrunch's investor list names YBB Capital; BBQ is absent. BBQ attribution unverified; investigate name conflation. | [TechCrunch, 2022-01-12](https://techcrunch.com/2022/01/12/web3auth-secures-13m-to-drive-mass-adoption-of-web3-apps-and-wallets-through-non-custodial-authentication-infrastructure/ ). |
| **Veria Labs**, baseline undated USD 3.2 million seed | Independently verified: company names BBQ among seed investors, dated **2026-02-09**. Autonomous penetration testing/cybersecurity software; direct neurotechnology not indicated. Total round is USD 3.2 million, BBQ check undisclosed. | [Official Veria announcement, 2026-02-09](https://verialabs.com/blog/announcing-veria-labs-seed-round/ ). |
| **Cache**, baseline undated USD 12.5 million participation `amount` | Official announcement confirms USD 12.5 million **total Series A**, USD 125 million valuation, First Round Capital lead and Quiet Capital participation; no BBQ mention. Data disclosed as of 2025-08-13, which is not necessarily publication/closing day. BBQ attribution and check unverified. Financial product/platform, not strict deep tech. | [Official Cache announcement](https://usecache.com/companion/announcing-our-series-a-to-make-sophisticated-investing-more-accessible ) (no explicit publication date; disclosures dated 2025-08-13; accessed 2026-10-06). |
## Neurotech findings
**No verified neurotech investment found in the sources checked.** Reviewed the exact Adex snapshot, Signal attempts, official BBQ homepage/portfolio, named investee announcements and searches pairing BBQ Capital with neuro, brain and neural terminology. No verified brain–computer interface, neural sensing/stimulation, neuroprosthetic or other direct neural-technology company relationship surfaced. Andromeda Surgical is adjacent medical robotics and does not establish neural-interface exposure. General AI, fraud detection, biological cattle-feed research and crypto protocols are not counted as neurotech. This result is bounded by public-source coverage and unavailable Signal content, not a claim that the firm has no neurotech investments.
## Concrete notes for later Adex review
1. Preserve exact ID `GoldiBBQCapital`; consider replacing the sparse identity description with the verified San Francisco/first-check positioning and official website, while retaining Seattle as a legal-vehicle-address caveat. 2018 is the firm's stated origin; third-party directories report 2019, so avoid silently treating the two as identical legal incorporation dates.
2. Review potential YBB/BBQ confusion for Zeko Labs and Web3Auth before retaining those firm attributions. The cited original announcements do not substantiate BBQ.
3. Correct Yofi lead attribution only after review: Kickstart leads, BBQ participates. Separate March 2022 close from October 2022 public announcement; exact March day and seed/pre-seed normalization require review.
4. Resolve transaction amount semantics: Zeko USD 3 million and Cache USD 12.5 million describe total rounds, not verified individual BBQ investments. Leave BBQ checks unknown.
5. Veria Labs has primary support and a precise announcement date. Coco, Array Labs, AstroForge, Alga Biosciences and Andromeda Surgical provide additional verified firm portfolio relationships; use the round-level caveats above when considering new records.
6. Do not add USD 19 million fund size, USD 120 million AUM, USD 10–50 million tickets or the separate Platform Fund target as verified BBQ manager economics. Inspect additional filings or obtain a dated official fund announcement; do not sum series offerings as a flagship fund.
7. Revisit Signal and the team's current official bios if precise team/check data is required. No Adex/database changes were made in this research. SHOW MORE
team@apexlogos.ai · 13 hours ago
Match research 2026-10-06 / GoldiBBQCapital / sha256:114462a44dc562897ad22e63d8198c27eb720cb2de301ed41b095ae04e3a53de / part 1 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
# BBQ Capital — GoldiBBQCapital
- Exact Adex ID: `GoldiBBQCapital`
- Canonical Adex URL: https://adex.page/firms/GoldiBBQCapital
- Research date and source access date: 2026-10-06
- Research status: complete for the public sources checked; fund-manager economics and some transaction attribution remain unresolved.
## Identity and starting evidence
BBQ Capital's [official website](https://www.bbq.capital/ ) (undated, accessed 2026-10-06) identifies San Francisco as its location and 2018 as its community/founding origin. It describes a sector-flexible first-check strategy, covering consumer, enterprise and deep tech. Its history includes early backing of Coco Robotics in 2019 and Array Labs at seed in 2022, with Coco follow-ons through Series A. This establishes hardware exposure beyond the software/crypto investments in Adex.
The exact-ID Adex MCP snapshot, `data/research/_sources/GoldiBBQCapital.adex.json` (retrieved 2026-10-06), calls BBQ a private investment vehicle associated with a Seattle address, with limited public identity/team disclosure. It has no founding date or check-size fields populated and no team roles. It records Zeko Labs, Yofi, Web3Auth, Veria Labs and Cache. Several sources are merely the Goldilocks homepage; these are leads, not independent transaction verification.
The baseline [NFX Signal firm URL](https://signal.nfx.com/firms/bbq-capital ) returned an internal error on direct opening. Exact firm and team searches did not surface a usable matching profile. No NFX stage, check-size, team or portfolio claims could be independently read. Unrelated Signal profiles returned by search were excluded. Signal access failure does not establish that a profile or investments do not exist.
Seattle is demonstrably a legal-vehicle address: SEC filings use 119 South Main Street, Suite 220. It should be distinguished from the official investment firm's San Francisco location. The legal relationship between all series vehicles and the operating manager has not been exhaustively mapped. [EX-1116 filing](https://www.sec.gov/Archives/edgar/data/1961450/000196145023000002/xslFormDX01/primary_doc.xml ) (signed 2023-01-31).
## Fund size, status and stages
**No independently verified flagship fund size, aggregate AUM, standard check range or currently open fundraising target was found.** Individual legal series offerings below are not the manager's overall venture fund or AUM:
| Vehicle / measure | Amount and status | Date and source | Caveat |
| --- | --- | --- | --- |
| EX-1116 Fund I, a series of BBQ Capital, LP; filing also includes EX-1116 Fund I AL Vehicle | USD 109,774 total offering and total sold; USD 0 remaining; two investors | First sale 2023-01-17; filing signed 2023-01-31, [SEC Form D](https://www.sec.gov/Archives/edgar/data/1961450/000196145023000002/xslFormDX01/primary_doc.xml ) | Filed sold amount for the offering, not a flagship close or aggregate AUM; no inference about underlying company allocation. |
| LA-1213 Fund I, a series of BBQ Capital, LP | USD 260,000 total offering and sold; USD 0 remaining; two investors | First sale 2025-02-07; filed 2025-02-10, [SEC document](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/xslFormDX01/primary_doc.xml ), [filing index](https://www.sec.gov/Archives/edgar/data/2049985/000204998525000001/0002049985-25-000001-index.htm ) | Latest-known directly inspected series filing, not asserted to be the latest vehicle. USD 1,000 minimum is an LP subscription minimum, not a startup check size. |
| Database fund-size claim | USD 19 million; last fund May 2025 | [Shizune](https://shizune.co/investors/profile/bbq-capital ) (page says updated September 2026; accessed 2026-10-06) | No fund name, vintage linkage, close/target distinction or primary announcement; unverified. |
| Database AUM/fund/check claims | USD 120 million AUM; Fund I USD 3 million with January 2018 date; USD 10–50 million tickets | [Private Equity List](https://privateequitylist.com/investors/bbq-capital ) (updated 2026-08-16; accessed 2026-10-06) | Unverified and inconsistent with the smaller fund/ticket figures on that same page and first-check strategy; do not import. |
Searches for newer funds and official fund announcements did not resolve these conflicts. [Axios, 2024-04-29](https://www.axios.com/newsletters/axios-pro-rata-c352d005-0ef0-4986-b1ac-df51581dd1a4 ) reports a separate Platform Fund effort involving Nemanja Kostic of BBQ, targeting up to USD 500 million. That is neither a BBQ fund close nor BBQ AUM.
Current supported positioning is first-check/early-stage, with historical seed and Series A participation. [Caplight](https://www.caplight.com/investor/bbq ) (undated, accessed 2026-10-06) additionally describes pre-seed to pre-IPO activity and a separate BBQ Opportunities vehicle for Series B onward. This broader mandate is a database claim, not verified from a current official strategy statement. Official materials reviewed do not disclose stage-specific allocation limits.
## Previous deep-tech investments
Classification below concerns underlying technology, not the mere use of AI. Portfolio listing verifies a firm-level relationship but does not identify which legal series, partner or amount funded it. No partner's previous employer investments are attributed to BBQ.
| Company | Technology rationale and firm evidence | Round/date and limitations |
| --- | --- | --- |
| **Coco Robotics** | Physical sidewalk delivery robotics; BBQ's official history says its initial backing was in 2019 and it followed through Series A. [Official firm site](https://www.bbq.capital/ ) (undated). | [CB Insights](https://www.cbinsights.com/investor/sam-nazarian ) lists BBQ among investors in a USD 36 million Series A dated 2021-08-25. Amount is the entire round; BBQ check unknown. Round corroboration here is secondary. |
| **Array Labs** | Spaceborne radar/3D Earth mapping hardware; BBQ expressly claims a 2022 seed investment. [Official firm site](https://www.bbq.capital/ ) (undated). | [Dealroom](https://dealroom.co/companies/array-labs/ ) lists BBQ as a known investor and a USD 5 million October 2022 seed. Other indexes place a transaction in September 2022; exact BBQ closing day is unresolved. Newer company funding does not establish BBQ follow-on participation. |
| **AstroForge** | Asteroid mining: spacecraft and in-space resource processing are engineering-intensive deep tech. Firm attribution is explicit on the [official BBQ portfolio](https://www.bbq.capital/portfolio ) (undated). | [TechCrunch, 2022-05-26](https://techcrunch.com/2022/05/26/astroforge-raises-13m-seed-round-for-asteroid-mining-ambitions/ ) confirms USD 13 million seed; BBQ omitted. [Employbl](https://www.employbl.com/companies/AstroForge ) (updated 2026-09-11; secondary/Diffbot) associates BBQ with the May 2022 seed. Exact round attribution remains secondary. |
| **Alga Biosciences** | Biological feed technology intended to reduce cattle methane; biotechnology/climate engineering, not ordinary SaaS. Named on [official BBQ portfolio](https://www.bbq.capital/portfolio ) (undated). | [Dealroom](https://dealroom.co/companies/alga-biosciences/ ) also lists BBQ. No primary round announcement establishing BBQ amount or precise date was obtained; do not invent them. |
| **Andromeda Surgical** | Robotic surgical platform; hardware/medical-device engineering makes this a deep-tech example. Named on [official BBQ portfolio](https://www.bbq.capital/portfolio ) (undated). | [Caplight](https://www.caplight.com/investor/bbq ) associates BBQ with August 2023 pre-seed. [CB Insights](https://www.cbinsights.com/investor/bbq-capital ) instead shows September 2023 seed. Firm relationship supported, round timing/label and BBQ check unresolved. This is surgical robotics, not verified neurotechnology. |
All undated portfolio and database pages above were accessed 2026-10-06. The official homepage also names Factory (2023 seed, AI coding agents); it is not counted as a strict hardware/science deep-tech investment without additional technical evidence. Portfolio breadth is greater than this focused list.
## Verification of existing Adex transactions
| Baseline investment | Verified finding / conflict | Source |
| --- | --- | --- | SHOW MORE
team@apexlogos.ai · 23 days ago
MATCH