Isogon Ventures is an early-stage venture capital firm co-founded in 2026 by Paco Riberas and Dan Abelon, investing in AI and technology companies modernizing the physical economy. The firm operates with a transatlantic scope, with teams based in New York and Madrid, and backs founders building across advanced manufacturing, robotics, logistics, energy, supply chains, and other core industrial sectors. Isogon's name derives from the geometric concept of alignment around a shared true north, founders, capital, and corporate partners working together toward the modernization of essential industries.
Isogon invests in software, hardware, and autonomy companies bringing AI, robotics, and real-time data to factory floors, freight networks, energy grids, and supply chains, sectors that represent over 25% of global GDP yet receive a fraction of venture funding. The firm's thesis is that AI has moved from the screen to the shop floor, and that the physical world is ready for a wave of transformation comparable to what software delivered for information flows over the past three decades.
No fund size or close has been publicly disclosed. Isogon launched in 2026 and is actively investing.
Leadership
Paco Riberas is co-founder and General Partner. His background spans venture capital, private markets investing, and industrial businesses. Prior to Isogon, he invested with Orilla and FJ Labs and advised companies at Kearney. He has served on multiple boards across industrial services, transportation, and the circular economy. He holds an MBA from Chicago Booth and a dual degree from ICADE.
Dan Abelon is co-founder and General Partner. Before Isogon, he spent more than a decade at Two Sigma Ventures investing in AI, machine learning, and infrastructure startups, and co-led TSV's emerging manager investment strategy. Earlier, he worked at IBM and co-founded SpeedDate, a venture-backed consumer internet company acquired by IAC. He holds an MBA from Stanford GSB and a BA from Columbia.
Alvaro Garcia is Investor, with prior experience at BYND Venture Capital and Big Sur Ventures, involved in more than 20 investments across Europe, and earlier roles at Rocket Internet and Credit Suisse. Earnest Sweat is Venture Partner, founder of Stresswood, host of the Swimming with Allocators podcast, and a founding member of Prologis Ventures focused on logistics and industrial IoT. He is a Kauffman Fellow and holds an MBA from Northwestern and a BA from Columbia.
Investment Strategy
Isogon invests at Series A and selectively at seed, with typical initial checks of $5–8 million. A defining feature of the firm's model is its industrial operator network, a working bench of corporates and family business leaders across the US and Europe committed to making introductions, sponsoring pilots, navigating procurement, and turning early traction into signed contracts. The firm's transatlantic positioning, New York and Madrid, allows it to help US founders enter Europe and European founders access North America's largest industrial buyers.
Paco Riberas — Co-Founder & General Partner
Dan Abelon — Co-Founder & General Partner
Earnest Sweat — Venture Partner
United States, Spain
