Mill Ave Capital

Venture Capital at the Nexus of Arizona State University

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About Mill Ave Capital

Mill Ave Capital is a venture capital fund uniquely positioned at the nexus of Arizona State University, one of the most innovative and entrepreneurial universities in the United States. We leverage the university's world-class research, diverse talent pipeline, and entrepreneurial ecosystem to identify and invest in transformative companies that are shaping the future.

Our strategic location allows us to tap into cutting-edge research, emerging technologies, and the next generation of entrepreneurs. We're not just investors—we're partners in building the companies that will define tomorrow's economy.

Powered by ASU's W.P. Carey School of Business, Mill Ave Capital exists for investors like you - people who want in early, and want to give back. 25% of our carry goes back to ASU, helping the next generation rise - while your portfolio does too.

Our Focus

We invest in early-stage companies across sectors where Arizona State University demonstrates leadership and innovation. Our focus areas represent the convergence of academic excellence and market opportunity.

Deep Tech & AI

Artificial intelligence, machine learning, and advanced computing technologies emerging from world-class research programs.

Sustainability & CleanTech

Solutions addressing climate change, renewable energy, and sustainable technologies for a better future.

Healthcare Innovation

Biotech, medical devices, and digital health solutions leveraging ASU's research in life sciences.

Semiconductor Innovation

Advanced semiconductor technologies, chip design, and next-generation computing solutions driving the future of electronics.

Our Investment Approach

We take a hands-on, partnership-driven approach to venture capital. Our investment philosophy is built on deep relationships, strategic guidance, and leveraging the vast resources of Arizona State University's ecosystem.

University-Linked Innovation

We identify and invest in companies that can benefit from ASU's research capabilities, talent pipeline, and innovation infrastructure.

Strategic Value Creation

Beyond capital, we provide strategic guidance, industry connections, and access to ASU's extensive network of researchers and entrepreneurs.

Long-term Partnership

We build lasting relationships with founders, supporting them through multiple stages of growth and evolution.

Our Team

Our managing partners bring decades of combined experience in venture capital, entrepreneurship, and strategic leadership. Together, they guide Mill Ave Capital's investment strategy and portfolio company development.

Eric Leahy

Managing Partner

Romi Dhillon

Managing Partner

Barry Monheit

Managing Partner

Contact Us

Ready to explore partnership opportunities or learn more about Mill Ave Capital? We'd love to hear from you.