# Theory Ventures

> Theory Ventures's investments in AI tools on Anchor Terminal, LanceDB and Ollama Inc., with each listing's grade and the founders behind it.

- Canonical: https://www.anchorterminal.com/investors/theory-ventures/
- Markdown: https://www.anchorterminal.com/investors/theory-ventures/index.md (~550 tokens)
- Slim: https://www.anchorterminal.com/investors/theory-ventures/index.min.md (~430 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/investors/theory-ventures/index.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Venture firm.

Website: https://theoryvc.com

## Companies on Anchor Terminal

- **LanceDB**, Series A, June 2025, led a round
  - [LanceDB](https://www.anchorterminal.com/tools/lancedb.md), graded B, 65.5/100
  - Source: https://lancedb.com/blog/series-a-funding/
- **Ollama Inc.**, Series B, July 2026, led a round
  - [Ollama](https://www.anchorterminal.com/tools/ollama.md), graded C, 56.6/100
  - Source: https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/

## Where they invest

- Retrieval & vector search, 1
- Local AI, 1

## Founders they backed

- [Chang She](https://www.anchorterminal.com/people/chang-she/), LanceDB
- [Jeffrey Morgan](https://www.anchorterminal.com/people/jeffrey-morgan/), Ollama Inc.
- [Michael Chiang](https://www.anchorterminal.com/people/michael-chiang/), Ollama Inc.

## Questions

### Which AI tools has Theory Ventures invested in?

Anchor Terminal lists LanceDB and Ollama Inc. backed by Theory Ventures.

### How are Theory Ventures's companies graded?

On Anchor Terminal's benchmark, LanceDB (B, 65.5) and Ollama (C, 56.6).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.

---

Query this catalogue directly over MCP: https://www.anchorterminal.com/mcp (Streamable HTTP, no key). How: https://www.anchorterminal.com/agents/#mcp