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§ Venture Capital · Los Angeles, CA, USA
Venture capital and acquisition firm backing early-stage entrepreneurs and start-ups, focused on self-funded acquisitions.
Founded in 2018 by President Joseph J Clohessy, EGB Capital is a Canada-based venture capital and acquisition firm with an additional office managed by Managing Partner Douglas Munsey in Los Angeles. The organization provides crucial financial backing to early-stage entrepreneurs and utilizes a self-funded entrepreneurship through acquisition model to purchase, manage, and directly operate emerging technology startups. To support its ongoing investment strategy and expand its portfolio, the firm successfully opened a new active fund in the market during March of 2024. Demonstrating the successful execution of its core business model, the company officially completed its first official business acquisition later during that same calendar year. The concentrated investment team recently expanded its operational capacity when Madison Clohessy joined the firm as an Associate during the spring of 2024 following her successful graduation from UBC.
EGB Capital has 4 tracked investments across 4 companies. The latest tracked deal is $6.8M Seed in Extellis in November 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 10, 2025 | Extellis | $6.8M Seed | Justin Wright Eakes | Blue Lake VC, Duke Angel Network, First Star Ventures, Front Porch Ventures, NEW Industry VC |
| Feb 1, 2024 | Izote Biosciences | $2.6M Pre-Seed | EGB Capital, Embark Ventures | BEE Partners, Climate Capital, Courtyard Ventures, FTW Ventures, Nucleus Capital, RedStick Ventures |
| Sep 1, 2023 | CellFE | $22.0M Series A | Christian Uhrich | Canvas Ventures, Celesta, Cota Capital, Dynamk Capital, Menlo Ventures, ELM Street Ventures, Embark Ventures, GreatPoint Ventures, Khosla Ventures, Riverine Ventures |
| Feb 1, 2021 | C. Light Technologies | $4.0M Seed | James Wang | Array Ventures, DCM, Foobar.vc, Long Journey Ventures, Mithril Capital Management, Yamaha Motor Ventures, Julie Mcdermott, Band OF Angels, Berkeley SkyDeck Fund, Monde Green Ventures, Puck Ventures, Vectors Angel, Wisconsin Investment Partners |