Deep-tech is mis-priced.
We are the specialists.

Ferron Capital Fund II — Advanced Materials · Industrial Biotech · Quantum Sensing

$4.2T

in hard-science markets repricing over the next decade — yet fewer than 12 specialist funds globally have the bench to underwrite them.

Source: McKinsey Global Institute, 2023; Ferron Capital primary research

Generalist VC Approach

  • • Desk research & market reports
  • • Reference calls with 2–3 contacts
  • • Single-tranche capital deployment
  • • Limited technical diligence capacity

Ferron Diligence Stack

  • In-house PhD advisory board (14 members)
  • Milestone-gated tranche structure
  • Full IP landscape mapping per deal
  • Lab-network proprietary sourcing

Three curves. One decade. One fund.

The Team

Dr. Mara Voss

Managing Partner

Former DARPA program manager, 8 years leading advanced materials R&D portfolio

Kenji Okafor

General Partner

Ex-Lux Capital, led 12 deep-tech deals including 3 unicorn exits

Dr. Priya Shenoy

Partner

PhD Materials Science MIT, 40+ patents in nanostructured coatings

Tomás Reyes

Venture Partner

Quantum sensing pioneer, founded 2 portfolio companies, advisor to DOE

Diligence Pipeline

Sourcing Conference + Lab Networks Tech Screen PhD Advisory Panel Review Commercial 3 Reference Customers IP Audit Landscape Mapping IC Vote Investment Committee Deploy Tranche 1 Capital

Fund I Performance

2.1x

TVPI at 4-year mark

Helix Coatings acquired by BASF at 6.4x cost, 2023

Fund I Portfolio Snapshot

Company Sector Stage Entry Val. Markup Status
Helix Coatings Adv. Materials Seed $6.4M 6.4x Acquired
NovaBind Proteins Industrial Biotech Series A $18M 2.9x Series B
QuantSense Labs Quantum Sensing Seed $12M 1.4x Series A
Carbolex Adv. Materials Series A $22M 1.0x At Cost
SynBio Materials Industrial Biotech Seed $8M 1.0x At Cost
OptiQ Photonics Quantum Sensing Series A $16M 1.0x At Cost

Portfolio as of Q1 2024 • 9 total companies, 6 displayed

Fund II Portfolio Construction

Capital Intensity → Time to Revenue → Anchor Builder Optionality Moonshot 4 3 2 1

Fund II Terms

Target Size $180M
Management Fee 2.5%
Carried Interest 20%
Hurdle Rate 8%
Deployment Period 5 years
Reserve Period 3 years

LP Composition

Ferron's diligence infrastructure is the closest thing I've seen to a national-lab spinout doing venture — rigorous, proprietary, and patient.

Dr. Hana Brüggemann

CIO, Meridian Endowment

$180M. Q3 close.
One allocation remaining
at anchor terms.

Contact Kenji Okafor

kokafor@ferroncapital.com

Full data room access, audited Fund I financials, and LP reference contacts available upon request.