# Theory Ventures (slim)

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

- Full: https://www.anchorterminal.com/investors/theory-ventures/index.md (~550 tokens) · this version ~430 tokens · JSON https://www.anchorterminal.com/investors/theory-ventures/index.json · canonical https://www.anchorterminal.com/investors/theory-ventures/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-10-28
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

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.

### 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.