Navitas Capital, a Los Angeles, CA-based venture capital firm, is seeking to raise $50m for its second fund.
A regulatory filing with the SEC lists co-founders and managing partners James Pettit and Travis Putnam as people related to the offering.
Navitas is focused on making investments at the intersection of the Energy and IT sectors, with expertise on intelligent buildings and enterprise startups.
Primary investment themes are:
(1) Advanced Materials,
(2) Smart Systems,
(3) Resource Efficiency,
(4) Workflow Tools and
(5) Business Model Innovation.
The firm tipycally invests from $100k to $5m in seed and Series A rounds of a startup’s lifecycle.