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Firm & fund profile / Sourced portfolio

Bain Capital Ventures

Tracked participation in 9 Atlas companies, with 5 explicitly attributed leads.

Firm website ↗

9portfolio companies

17round participations

5lead positions

$646.5Mled round total

Conviction

Most recent leads

The latest rounds this investor is sourced as leading, newest first.

Apr 2025KreaSeries B$47Mat $500M valuation Oct 2024DecagonSeries B$65M Oct 2024PoolsideSeries B$500Mat $3B valuation Dec 2019CrusoeSeries A (equity; plus project financing)$30MMay 2019CrusoeSeed$4.5M

Capital activity

Portfolio

CompanyLatest valuationFirst → latestRoundsRoleAttributed partner

CCognition$48BSep 2025 → Sep 20263 roundsParticipant—

EEtchedChipsEtched is a private AI hardware company building “frontier inference clusters” for serving frontier AI models, with…$21Bvaluation$2.9BraisedRecent roundsSeries D (per Etched progress post wording as a production-acceleration round) · Aug 2026$700M · led by Jane StreetSeries C · Jul 2026$300M · led by Sequoia CapitalMultiple unannounced financings (stealth exit / launch update) totaling $800M · Jun 2026$800M · Andrej Karpathy, Arthur Mensch +11Etched$21BAug 2026 → Aug 20261 roundParticipant—

AAtomsPhysical AIAtoms (atoms.co) is a private industrial-AI and physical automation company organized to “digitize the physical…$5Bvaluation$2.3BraisedRecent roundsEquity investment (a16z-led) with merged Atoms equity structure · Jul 2026$1.7B · led by Andreessen HorowitzEquity investment (PIF funding; predecessor of Atoms via CloudKitchens) · Nov 2019$400M · Saudi Arabia’s Public Investment Fund (PIF)Equity investment (control stake; predecessor of Atoms via City Storage Systems / CloudKitchens) · Mar 2018$150M · 10100 (Kalanick’s investment fund), Travis KalanickAtoms—Jul 2026 → Jul 20261 roundParticipant—

MModal$4.7BMay 2026 → May 20261 roundParticipant—

DDecagon$4.5BOct 2024 → Jan 20263 rounds1 led—

BFBlack Forest Labs$3.3BDec 2025 → Dec 20251 roundParticipant—

KKrea$500MApr 2025 → Apr 20251 round1 led—

PPoolside$3BJun 2024 → Oct 20242 rounds1 led—

CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)Crusoe—May 2019 → Apr 20224 rounds2 led—

DateCompanyRoundRaisedValuationRoleEvidence

Sep 08, 2026CCognitionSeries E$2B$48BParticipant

Aug 18, 2026EEtchedChipsEtched is a private AI hardware company building “frontier inference clusters” for serving frontier AI models, with…$21Bvaluation$2.9BraisedRecent roundsSeries D (per Etched progress post wording as a production-acceleration round) · Aug 2026$700M · led by Jane StreetSeries C · Jul 2026$300M · led by Sequoia CapitalMultiple unannounced financings (stealth exit / launch update) totaling $800M · Jun 2026$800M · Andrej Karpathy, Arthur Mensch +11EtchedSeries D (per Etched progress post wording as a production-acceleration round)$700M$21BParticipant

Source ↗+1 ↗

Jul 22, 2026AAtomsPhysical AIAtoms (atoms.co) is a private industrial-AI and physical automation company organized to “digitize the physical…$5Bvaluation$2.3BraisedRecent roundsEquity investment (a16z-led) with merged Atoms equity structure · Jul 2026$1.7B · led by Andreessen HorowitzEquity investment (PIF funding; predecessor of Atoms via CloudKitchens) · Nov 2019$400M · Saudi Arabia’s Public Investment Fund (PIF)Equity investment (control stake; predecessor of Atoms via City Storage Systems / CloudKitchens) · Mar 2018$150M · 10100 (Kalanick’s investment fund), Travis KalanickAtomsEquity investment (a16z-led) with merged Atoms equity structure$1.7B—Participant

May 27, 2026CCognitionSeries D$1B$26BParticipant

May 21, 2026MModalSeries C$355M$4.7BParticipant

Jan 27, 2026DDecagonSeries D$250M$4.5BParticipant

Dec 01, 2025BFBlack Forest LabsSeries B$300M$3.3BParticipant

Sep 08, 2025CCognitionSeries C (or unspecified later-stage round in announcement)$400M$10.2BParticipant

Source ↗+1 ↗

Jun 22, 2025DDecagonSeries C$131M$1.5BParticipant

Apr 07, 2025KKreaSeries B$47M$500MLead

Oct 15, 2024DDecagonSeries B$65M—Lead

Oct 02, 2024PPoolsideSeries B$500M$3BLead

Jun 20, 2024PPoolsidefundraise (reported)$400M$2BParticipant

Apr 21, 2022CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries C (equity offering)$350M—Participant

Apr 26, 2021CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries B (equity)$128M—Participant

Dec 06, 2019CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries A (equity; plus project financing)$30M—Lead

May 07, 2019CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeed$4.5M—Lead

DateCompanyRoundRaisedValuationRoleEvidence

Sep 08, 2026CCognitionSeries E$2B$48BParticipant

Jul 22, 2026AAtomsPhysical AIAtoms (atoms.co) is a private industrial-AI and physical automation company organized to “digitize the physical…$5Bvaluation$2.3BraisedRecent roundsEquity investment (a16z-led) with merged Atoms equity structure · Jul 2026$1.7B · led by Andreessen HorowitzEquity investment (PIF funding; predecessor of Atoms via CloudKitchens) · Nov 2019$400M · Saudi Arabia’s Public Investment Fund (PIF)Equity investment (control stake; predecessor of Atoms via City Storage Systems / CloudKitchens) · Mar 2018$150M · 10100 (Kalanick’s investment fund), Travis KalanickAtomsEquity investment (a16z-led) with merged Atoms equity structure$1.7B—Participant

May 27, 2026CCognitionSeries D$1B$26BParticipant

Aug 18, 2026EEtchedChipsEtched is a private AI hardware company building “frontier inference clusters” for serving frontier AI models, with…$21Bvaluation$2.9BraisedRecent roundsSeries D (per Etched progress post wording as a production-acceleration round) · Aug 2026$700M · led by Jane StreetSeries C · Jul 2026$300M · led by Sequoia CapitalMultiple unannounced financings (stealth exit / launch update) totaling $800M · Jun 2026$800M · Andrej Karpathy, Arthur Mensch +11EtchedSeries D (per Etched progress post wording as a production-acceleration round)$700M$21BParticipant

Source ↗+1 ↗

Oct 02, 2024PPoolsideSeries B$500M$3BLead

Sep 08, 2025CCognitionSeries C (or unspecified later-stage round in announcement)$400M$10.2BParticipant

Source ↗+1 ↗

Jun 20, 2024PPoolsidefundraise (reported)$400M$2BParticipant

May 21, 2026MModalSeries C$355M$4.7BParticipant

Apr 21, 2022CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries C (equity offering)$350M—Participant

Dec 01, 2025BFBlack Forest LabsSeries B$300M$3.3BParticipant

Jan 27, 2026DDecagonSeries D$250M$4.5BParticipant

Jun 22, 2025DDecagonSeries C$131M$1.5BParticipant

Apr 26, 2021CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries B (equity)$128M—Participant

Oct 15, 2024DDecagonSeries B$65M—Lead

Apr 07, 2025KKreaSeries B$47M$500MLead

Dec 06, 2019CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeries A (equity; plus project financing)$30M—Lead

May 07, 2019CCrusoeNeocloudsCrusoe is an energy-first AI infrastructure company that builds and operates AI data center “factory” capacity and…$10Bvaluation$3.8BraisedRecent roundsSeries E (initial closing) · Oct 2025$1.4B · led by Mubadala Capital, Valor Equity PartnersCredit facility (debt) · Aug 2025$175M · led by Victory Park CapitalCredit facility (debt) · Jun 2025$750M · led by Brookfield Asset Management (infrastructure debt platform)CrusoeSeed$4.5M—Lead