Carl Choi

Partner, Strawberry Creek Ventures

Overview:

Carl brings a systems-level mindset to early-stage investing, shaped by two decades of experience across public equities, M&A, and venture capital. He focuses on foundational technologies that rewire how the real world operates—betting on enduring platforms in climate, infrastructure, space, and enterprise systems. His work is rooted in a belief that innovation at the intersection of the physical and digital worlds is key to building a more equitable and sustainable future.

At Alumni Ventures, Carl is an investor focused on backing companies that tilt markets and drive systemic change. He is particularly drawn to mission-driven founders leveraging deep technical insight to unlock hidden efficiencies, build climate-resilient infrastructure, and reshape legacy systems.

Funds actively worked on:

Strawberry Creek Ventures

Investment Areas of Focus:

Carl’s investment thesis centers on platform technologies with long time horizons and compounding strategic advantage. He looks for businesses that transform infrastructure and the built environment—whether by decarbonizing the energy grid, optimizing global systems, or enabling new modes of living and working.

His recent investments reflect this orientation:

  • 44.01, permanently removing CO₂ through mineralization in peridotite formations

  • Omnidian, providing performance assurance for distributed solar assets

  • Equilibrium Energy, building software-defined power markets

  • Pebble, creating all-electric smart trailers for off-grid living

  • Navier, designing hydrofoiling electric watercraft

  • Neo Financial, reimagining consumer finance in Canada

  • Radix Health, improving out-of-network reimbursement for healthcare providers

  • Cerby, securing unmanageable apps in modern enterprises

  • LeoLabs, operating radar infrastructure for orbital tracking

Carl’s career prior to Alumni Ventures includes roles as Principal at Solasta Ventures, where he led deep tech and enterprise software investments, and as a corporate development lead at Upwork. He also held M&A roles at Riverbed Technology and began his finance career at London Capital Management before transitioning into investment banking at J.P. Morgan in the Bay Area.

Originally from Korea and Canada, Carl holds a double degree in Mathematics and Business Administration from the University of Waterloo and Wilfrid Laurier University, and an MBA from UC Berkeley Haas. Outside of work, you’ll find him on the soccer field or at the poker table, enjoying spirited competition and strategic play.