Mark Watt
General Partner at Kilonova Capital
San Francisco, California
Overview
Work Experience
Co-Founder, General Partner & CCO
2019 - Current
Kilonova Capital (“KC”) is a value-oriented, growth capital provider, focused on delivering structured capital solutions to later stage deep technology companies. We seek to invest between $25-150 million in proven, at scale companies which combine deep technological moats with proven business models and high value customers. We seek to be patient last money in investors able to support a company’s drive towards a liquidity event. We also consider bespoke intellectual property transactions, such as buying patent portfolios, which can be monetized through licensing strategies and/or litigation, or to provide balance sheet liquidity. Our investment team has decades of institutional investment and entrepreneurial experience, with myriad examples of building technology companies to scale. KC supplements this empathetic approach with over 35 operating partners who have rich technology and SME expertise. KC is headquartered in San Francisco with investment professionals in California, New York, London & Paris.
Kilonova Capital ("KC") is a San Francisco based asset manager that invests in special situation financings and buyouts of proven.
Partner
2016
Incubator, advisory and seed investment platform. Extensive experience in frontier technology (rocket launch, space craft, satellite, UAV, Drones & data analysis), internet (e-commerce, e-retail, online EDU, social networks and digital media) & fin-tech. Early investor in leading social gaming company acquired by Disney. Co-founded and incubated premium baby goods and infant formula e-commerce company. Early investor in leading cloud based, integrated knowledge platform for global EDU market. Co-founded and incubated online, high-risk merchant payment processing platform.
Investor
2024
Aymium produces high-value biocarbon and biohydrogen products.
Raised $260,000,000.00 from Kilonova Capital, Fortress Investment Group, ECP ForeStar, Copenhagen Infrastructure Partners and Japan Green Investment Corporation for Carbon Neutrality.
Investor
2023
X-Bow Systems is a space technology company that produces solid rocket motors and hypersonic technologies for defense industries.
Raised $159,815,880.00 from Balerion Space Ventures, Crosslink Capital, Lockheed Martin Ventures, Boeing HorizonX Ventures and Razor's Edge Ventures.
Investor
2022
Investor
2022
Nanosys specializes in the development of quantum dot technology for displays.
Raised $246,700,087.00 from Centerbridge Partners, Kilonova Capital and Fortress Investment Group.
Advisor
2015
Above Data is a no-code analytics platform that unlocks the value of big data.
Investor
2016
Functionize delivers an autonomous testing platform that incorporates AI and machine learning technologies to automate software dev.
Raised $19,187,500.00 from Wipro Ventures.
Investor
2016
Civic is a blockchain based ecosystem gives businesses and individuals the tools to control and protect identities.
Raised $35,750,000.00 from Kosmos Ventures and Node Kapital.
Investor
2015
Evelo create stylish, powerful and efficient electric bicycles for commuting and recreation.
Raised $1,000,000.00 from Brad Feld, Lucas Nealan, Vaibhav Gupta, Aaron Bertinetti, SeedInvest, Deepak Shahdadpuri and Forefront Venture Partners.