Matthew Ongaro joins Cottonwood Technology Fund as a Junior Partner

Matthew Ongaro joins Cottonwood Technology Fund as a Junior Partner 

March 15, 2021. Cottonwood Technology Fund, a hard tech focused early stage venture capital fund, is pleased to announce that Matthew Ongaro will join its investment team.

In October 2020, Cottonwood Technology Fund began investing out of its third fund, with a target fund size of US $75 million. As Cottonwood begins expanding its investment team it is pleased to welcome Matthew Ongaro as a Partner in its Santa Fe (New Mexico) office. His main tasks will include the screening and scouting of disruptive technologies in the Southwest USA, hands-on support of portfolio companies and investor relations.

Matt graduated with a BA degree in Finance from the Albers School of Business and Economics – Seattle University. Between 2014-2021, Matt has worked as an Analyst at Cascadia Capital (Seattle based Investment Bank); an Investment Analyst at WestRiver Group (Seattle based Private Equity firm); a Principal at HALO Ventures (LA based technology incubator) and a Senior Associate in Corporate Development at Pluralsight (Nasdaq:PS) (Salt Lake City based B2B software company). This has provided Matt with a wide variety of experience across industries and investment stages.

“Matt has made an impact at each stop along his career gaining recognition from the senior management at his previous companies and their portfolio companies in every case. In his past, Matt has helped raise and lead investments totaling over $100 million,” said Dave Blivin, Managing Director of Cottonwood Technology Fund. “Since our initial Fund III closing, we have been looking to expand our team. Matt is someone who has excelled in every prior role and we are excited to have him join the Cottonwood team to help further build our presence and brand as a top performing early stage hard tech investor – both here in the Southwest and also in Northern Europe.”

Matthew Ongaro: “I am honored to join the investment team of Cottonwood Technology Funds. I look forward to working with Dave Blivin and Alain le Loux, both venture capital veterans, to learn and grow Cottonwood’s unique and successful approach to building successful hard tech companies from the ground up, in regions not at the epicenter of the traditional venture industry.”


About Cottonwood Technology Fund
Cottonwood Technology Funds are a seed and early-stage technology commercialization fund with offices in Santa Fe, New Mexico; and Enschede, The Netherlands. It invests in technology-related (particularly chemistry/material sciences, photonics, biosciences, medtech and new energy) businesses originating throughout the Southwest region of the US and also in Northern Europe. These regions include numerous national laboratories, over a dozen major research universities and several major research medical centers. Representative current and prior investments include Skorpios, xF Technologies, Bayotech, Sarcos Robotics, Infinitum Electric, Eurekite, Respira, OPNT and Exagen (Nasdaq: XGN). Visit

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For more information, please contact Dave Blivin, Managing Partner,



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