Black Diamond Ventures

About The Fund

Black Diamond Ventures (BDV) is a venture capital firm operating since 1988 with headquarters in Glendale, California. BDV focuses on investing in privately held companies, targeting several dynamic sectors such as telecommunications, biotechnology, medical devices, semiconductor design, mobile applications, and clean technology. They take an opportunist approach and tailor each investment to their unique form, emphasizing a hands-on approach guided by Christopher B. Lucas. The firm champions a vision built on nurturing growth 'one deal at a time' and synthesizes detailed analysis into focused, impactful strategies. They actively engage in multi-stage investments, primarily looking at Series A, Seed, and Series B funding rounds. With a dedication to three main sectors—biotech, deep tech, and med tech—BDV invests in visionary founders pioneering market transforming technologies. Their financial commitments range from an investment minimum of $2 million to a maximum of $10 million, with an investment sweet spot around $6 million. In their portfolio, they seek companies that are not only technological trailblazers but also sustainable, which is seen through investments such as those in polymer chemistry ventures using proprietary AI and machine learning technology. BDV stands out for its strong commitment to building relationships among investors and the companies they invest in, offering valuable entrepreneurial and field expertise. They prioritize accessible and accurate diagnostics, the enhancement of price images for retail, and the development of better medicines, catering to the most pressing needs in the market. BDV’s portfolio and partnerships reflect a deep alignment with the future of consumer electronics, healthcare advancements, and transformative innovation. They maintain an extensive network, enabling them to provide tangible support and strategic alliances for their portfolio companies, ensuring these startups not only survive but also thrive in their respective industries.