Parkway and Arcapita Join Forces

Parkway Venture Capital has entered into a strategic partnership with Arcapita, a global alternative investment company specializing in growth capital and buyout investments. This partnership marks Arcapita’s first entry into the United States venture capital sector.

Parkway invests in companies developing advanced technologies. Its focus areas include artificial intelligence, quantum technology, 3D simulation, complex engineering, data analytics, and advanced manufacturing.

Parkway has invested in companies such as Figure AI, a humanoid robotics startup, and SandboxAQ, an enterprise SaaS company working with quantum tech and AI. Parkway was founded in 2018 by General Partners Gregg Hill and Jesse Coors-Blankenship.

“This is a defining moment for Parkway,” said Mr. Coors-Blankenship. “This collaboration empowers us to scale our global reach and deepen our impact in frontier technology, delivering results that shape industries and redefine possibilities.”

Arcapita is headquartered in Manama, Bahrain, with additional offices in the United States, United Kingdom, Saudi Arabia, and Singapore. Founded in 1997, Arcapita has completed over 100 investments across the United States, Europe, the Middle East, and Asia, with a total transaction value exceeding $30 billion—$17 billion allocated to private equity and $13 billion to real estate.

“Parkway’s focus on advanced technologies and artificial intelligence aligns with Arcapita’s vision of supporting businesses that are defining the future,” said Neil Carter, a managing director of U.S. private equity at Arcapita. “Their demonstrated ability to identify and nurture high-potential companies at the cutting edge makes them an ideal partner for our first U.S.-based VC investment.”

Parkway Venture Capital has offices in New York City and Winter Park, Florida.