Crosscut Ventures announced the appointment of Jon Ylvisaker as Partner. Bringing more than 25 years of investment experience, Jon will join Crosscut to accelerate the firm’s growth and advance its commitment to scaling early-stage technology solutions in Crosscut fund six and beyond.
Jon will lead Crosscut’s investment strategy in frontier energy, power, and advanced manufacturing innovations in his new role while supporting follow-on investments and thesis-driven strategies for growth-stage frontier tech companies. And Crosscut’s approach emphasizes leveraging thesis-driven insights and targeted follow-on investments to scale portfolio leaders into market-defining companies.
Focusing on transformative sectors, Crosscut identifies and supports groundbreaking technologies through equity investments and select project finance opportunities. And by accelerating commercial viability for standout companies, Jon will align his expertise in project infrastructure and finance with Crosscut’s mission to develop transformative technologies into scalable, market-ready solutions.
As a founding partner and managing director of Yield Capital Partners, a firm he founded in 2013, and as Founder and Portfolio Manager at Wolfacre Global Management, a Tiger Management hedge fund, Jon’s investment experience includes startups and fully-scaled companies in sectors such as energy technologies and digital infrastructure, positioning him as a leader in fostering climate solutions.
This appointment also aligns with Crosscut’s recent investment thesis evolution as the firm aims to target frontier tech sectors, including space, defense, resource extraction, and the energy transition. In the future, Crosscut will exclusively focus its capital and company-building efforts on scalable solutions that address sustainability, security, and technological advancement globally with a broader offering that includes financing solutions through growth and commercial scale.
KEY QUOTES:
“The energy and industrial revolution happening outside of Silicon Valley will mark a new era for venture that is increasingly focused on atoms-based solutions. This requires catalyzing the talent that sits at the heart of California’s deep-rooted engineering ecosystem. As Crosscut doubles down on this new era of Frontier Tech investment, I’m excited to play a part building on the Firm’s reputation as company builders and, most importantly, to invest in solutions improving the world for humanity. Our evolution requires new technologies that are essential for mankind and world order, namely clean and abundant energy, advanced manufacturing and resource extraction techniques on earth and in space, and next generation defense and security technologies. As the first and longest-enduring seed-stage venture firm in Los Angeles, Crosscut has paved a path to pursue this thesis and I’m confident it will uncover the next generation of visionary frontier tech entrepreneurs.”
– Jon Ylvisaker, Crosscut Partner
“We’re delighted to welcome Jon to the Crosscut team as we deepen our commitment to tackling some of the most pressing issues of our time. Jon’s extensive experience in climate and digital infrastructure investments, coupled with his impressive track record of bringing groundbreaking technologies to market, makes him the ideal partner to help lead our focus. His leadership will be instrumental as we support founders who are reimagining energy, sustainability, and the future of technology at scale. We couldn’t be more excited to have him on board as we enter this new chapter for Crosscut.”
– Brian Garrett, Managing Director and Co-Founder of Crosscut Ventures
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