Trinity Capital 8K Reports Second Quarter 2022 Financial Results | TRIN 4 Aug 22

Exhibit 99.2

Second Quarter 2022Investor Presentation

© 2022 Trinity Capital Inc. | 2FORWARD LOOKING STATEMENTS |DISCLAIMER Trinity Capital Inc. (the “Company”) cautions that this presentation may contain forward‐looking statements that are based on current expectations and assumptions about future events, and which are not based in historical fact. The forward‐looking statements in this presentation are based on current conditions as of the date of this presentation, and include, but are not limited to, statements regarding our financial objectives, beliefs, strategies, anticipated future operating results and cash flows, operating expenses, investment originations and performance, available capital, and payment of future dividends and stockholder returns. Although our management believes that the expectations reflected in any forward‐looking statements are reasonable, actual results could differ materially from those expressed or implied in the forward‐looking statements. By their nature, these forward‐looking statements involve numerous assumptions, uncertainties and risks, both general and specific. The risk exists that these statements may not be fulfilled. We caution readers of this presentation not to place undue reliance on these forward‐looking statements, as a number of factors could cause future Company results to differ materially from these statements. Forward‐looking statements may be influenced in particular by factors such as fluctuations in interest rates and stock indices, the effects of competition in the areas in which we operate, and changes ineconomic, political and regulatory conditions, including as a result of the coronavirus (COVID‐19) pandemic. When relying on forward‐looking statements to make decisions, investors should carefully consider the aforementioned factors as well as other uncertainties and events. Historical results discussed in this presentation are not indicative of future results. The information disclosed in this presentation is made as of the date hereof and reflects Trinity Capital Inc.’s current assessment of its financial performance for the most recent period reported. Actual financial results filed with the Securities and Exchange Commission in the future may differ fromthose contained herein in the event of additional adjustments recorded prior to the filing of its financial statements. The information contained in this presentation should be viewed in conjunction with Trinity Capital Inc.'s most recently filed Quarterly Report on Form 10‐Q, Annual Report on Form 10‐K or Registration Statement on Form 424B1. We undertake no obligation to update the information contained herein to reflect subsequently occurring events or circumstances, except as required by applicable securities laws and regulations.This presentation does not constitute a prospectus and should under no circumstances be understood as an offer to sell or thesolicitation of an offer to buy our common stock or any other securities nor will there be any sale of the common stock or any other securities referred to in this presentation in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such stateor jurisdiction. Nothing in these materials should be construed as a recommendation to invest in any securities that may be issued by Trinity Capital Inc. or as legal, accounting or tax advice.

© 2022 Trinity Capital Inc. | 3 Company OverviewFinancial HighlightsPortfolio HighlightsVenture Capital and Lending Market411202731Supplemental Information33Analyst CoverageINVESTOR PRESENTATION |AGENDA

COMPANYOVERVIEW

© 2022 Trinity Capital Inc. | 5 Market Capitalization 14 Year Track Record(4) Annualized Dividend Yield Portfolio(2) $93.2 MillionAvailable Liquidity Liquidity(2) 75 Companies Warrant Positions23 CompaniesEquity Positions$35.2 BillionOpportunities$2.2 BillionFundings268Investments148Exits84 Companies Debt Positions Internally Managed -Business Development Company | Nasdaq -TRIN Structure | TickerBBBInvestment Rating(5)130%Debt to EquityTRINITY CAPITAL OVERVIEW Secured loans and equipment financing to growth stage companies backed by technology banks, venture capital and private equity firms Business(4) Historical information includes information and data related to Trinity Capital's predecessor funds, the first of which was launched in 2008, through June 30, 2022. The predecessor funds were merged with and into Trinity Capital on January 16, 2020, immediately after which Trinity Capital began operating as a business development company.(1) Based on the closing price of TRIN on August 3, 2022.(5) Credit rating assigned by Egan-Jones Ratings Company, an independent, unaffiliated rating agency. A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. There can be no assurance that this rating will remain for any given period-of-time.(2) As of June 30, 2022. $14.62(2)NAV per Share$469.2 Million(1)Market Cap15.8%(3)June 30, 2022(3) Annualized based on the $0.57 dividend (including $0.15 supplemental dividend) declared for Q2 2022 and a closing stock price of $14.47 on June 30, 2022

© 2022 Trinity Capital Inc. | 6 We understand the growth stage world and provide more than money to our portfolio company partnersDeep OperatingExperienceHighly experienced executive team with startup experienceDecades of in-depth high-tech experienceNumerous U.S. and International patents issuedOne Stop –Loans & Equipment FinancingProviding term loans and equipment financing to growth stage companiesFlexible financing solutions based on the company’s requirementFinancing solutions to a highly fragmented, underserved marketRobust & Scalable PlatformRobust and scalable systems for origination, underwriting and monitoringSeparation of origination, underwriting and monitoring duties aides “positive feedback” loop52 dedicated professionals with a unique culture built over 14+ yearsWHY IS TRINITY DIFFERENT

© 2022 Trinity Capital Inc. | 7 Term Loans Axiom Space is developing the world’s first commercial space station. InvestorSyndicateC5 Capital, TQS Advisors, Declaration PartnersUse of LoanGeneral corporate purposes Petal's aim is to bring financial innovation and opportunity to everyone, using modern technology to help people build credit, avoid debt, and spend responsibly. InvestorSyndicateTarsadiaInvestments, ValarVentures, CUNA Mutual Use of LoanExtension of runwaySelect ExamplesSENIOR & SUBORDINATED TERM LOANS g20g21g55g41g50g45g51g54g4g19g4g55g57g38g51g54g40g45g50g37g56g41g40g4g48g51g37g50g59g83g86g79g4g59g77g88g76g4g56g76g73g4g38g69g82g79g87 g20g22g38g37g39g47g41g40g4g38g61g4☺g50g55g56g45g56g57g56g45g51g50g37g48g4g39g37g52g45g56g37g48g39g83g81g84g69g82g77g73g87g4g44g69g90g73g4g54g69g77g87g73g72g4g41g85g89g77g88g93g4 g20g23g55g56g45g48g48g4g38g57g54g50g45g50g43g4g39g37g55g44g39g83g81g84g69g82g77g73g87g4g77g82g4g43g86g83g91g88g76g4g49g83g72g73g4g69g82g72g4g55g88g77g80g80g4g38g89g86g82g77g82g75g4g39g69g87g76

© 2022 Trinity Capital Inc. | 8 Equipment Financing Select ExamplesEQUIPMENT FINANCING g20g21g39g51g49g52g37g50g45g41g55g4g59g45g56g44g4g39g37g52g41g60g4g54g41g53g57g45g54g41g49g41g50g56g55g49g69g82g89g74g69g71g88g89g86g77g82g75g4g41g85g89g77g84g81g73g82g88g4g69g82g72g4g44g69g86g72g4g37g87g87g73g88g87 g20g22g44g37g54g40g59g37g54g41g4g37g55g4g37g4g55g41g54g58g45g39g41g41g85g89g77g84g81g73g82g88g4g69g88g4g39g89g87g88g83g81g73g86g4g48g83g71g69g88g77g83g82 g20g23☺g50g40g57g55g56g54g61g4g37g43g50g51g55g56g45g39 Nature’s Fyndis a food company creating versatile alternative proteins to nourish the world’s growing popula-tion while nurturing the planet.InvestorSyndicateSoftBank, Breakthrough Energy Ventures, Blackstone Strategic PartnersUse of Equipment FinancingFood production equipmentEmerald Cloud Labis a remote-controlled life science laboratory that allows scientists to conduct their experiments without being anchored to a physical lab.InvestorSyndicateFounders Fund,Schooner Capital, Alcazar CapitalUse of Equipment FinancingLaboratory Equipment

© 2022 Trinity Capital Inc. | 9Multiple shared portfolio companieswith top Venture Capital Firms We have established inter-creditoragreements with the banks Combining with bank debt results in a lower blendedcostto our customers We provide equipment financing and incremental debt capitalRelationships with top market share bankscatering to majority of VC-backed companies PARTNERSHIP WITH TOP VCs ANDTECHNOLOGY BANKS

© 2022 Trinity Capital Inc. | 10 Investor SyndicateRevenue & Gross MarginsBusiness Model(1)Includes historical information of Trinity Capital's predecessor funds, the first of which was launched in 2008, through June30, 2022. Past performance is not indicative of future results. Investment results may vary significantly over any given time period.FINANCIALSDEBT STRUCTURECAPITALIZATIONMANAGEMENTPRODUCT & MARKETProduct DifferentiationMarket PotentialIndustry & Start-up ExperienceBOD Make-upFund Vintage & Dry CapitalCollateralCash LifeUNDERWRITING APPROACH AND RISK MITIGATIONDisciplined investment approach keeps our annualized loss rate at 25 Bps and is more than offset by realized gains on warrant/equity investments(1)

FINANCIAL HIGHLIGHTS

© 2022 Trinity Capital Inc. | 12Total Investment Income of $33.5MNet Investment Income (“NII”) of $15.7MNet Interest Margin (“NIM”) of 10.6%NII per share of $0.51 provides 121.4% of regular distribution coverageIncreased the second quarter dividend distribution to $0.42 per share, a 5% increase over the dividend declared in the prior quarterDeclared supplemental dividend of $0.15 per shareRobust EarningsLeading Originations PlatformPortfolio AssetsLiquidityCredit RatingTotal Debt Investments (at cost): $1,008.0MTotal Investments (at cost): $1,066.6MEffective Yield: 13.8%Core Yield: 12.9%Debt & equity commitments in 2Q22: $302.3MDebt & equity fundings in 2Q22: $193.8MNet portfolio growth at Cost: $145.5MNet portfolio growth at FMV: $131.7MAvailable Liquidity: $93.2M (subject to existing terms and covenants of the Company’s credit facility)Debt to Equity: 130% Egan Jones BBB(1)Stable OutlookQ2 2022 HIGHLIGHTS(1) Credit rating assigned by Egan-Jones Ratings Company, an independent, unaffiliated rating agency. A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. There can be no assurance that this rating will remain for any given period of time.

© 2022 Trinity Capital Inc. | 13 For the three months ended (In 000’s, except per share amounts)06/30/202203/31/202212/31/202109/30/202106/30/2021Total Investment Income$33,458$31,845$23,607$21,790$19,476Interest expense and other debt financing costs7,7616,7986,2415,1124,425Compensation and benefits6,8776,4554,4753,6773,370General and administrative3,1062,9832,3151,8781,601Total Operating Expenses17,74416,23613,03110,6679,396Net Investment Income (NII)15,71415,60910,57611,12310,080Net Realized Gain / (Loss) from Investments(9,617)52,6447,4526661,995Net Change in Unrealized Appreciation / (Depreciation) from Investments(13,820)(77,318)37,08215,39212,630Net Increase (Decrease) in Net Assets from Operations$(7,723)$(9,065)$55,110$27,181$24,705Net Investment Income (NII) per Share –Basic$0.51$0.57$0.39$0.42$0.38Net Increase (Decrease) in Net Assets resulting from Operations per Share –Basic$(0.25)$(0.33)$2.03$1.02$0.93Weighted Average Shares Outstanding –Basic30,95527,41727,20126,64126,479QUARTERLY INCOME STATEMENT

© 2022 Trinity Capital Inc. | 14INCOME SOURCE & PORTFOLIO YIELD TRENDS $521$578$741$865$1,008 15.9%15.8%15.2%16.3%13.8% 13.4%13.1%13.2%12.9%12.9% 10.8%10.8%10.8%10.7%11.6%8.0%9.0% 10.0% 11.0%12.0%13.0% 14.0% 15.0%16.0%17.0% $200 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,1002Q213Q214Q211Q222Q22PORTFOLIO YIELDS Total Debt Investments (Cost, $ in million) Effective Yield (including fee income) Core Yield (excluding fee income) Weighted Average Coupon RateStrong Yields Produce Solid Investment Income 61.9%64.6%69.8%60.3%71.3%21.0%18.3%17.5%19.0%21.6%17.1%17.1%12.7%20.7%7.1% $‐ $3,000 $6,000 $9,000 $12,000 $15,000 $18,000 $21,000 $24,000 $27,000 $30,000 $33,0002Q213Q214Q211Q222Q22SOURCES OF INVESTMENT INCOME Loans ‐ Cash + OID Equipment Financing ‐ Cash + OID Accelerated OID + Fees

© 2022 Trinity Capital Inc. | 16 (In 000’s, except per share amounts)06/30/202203/31/202212/31/202109/30/202106/30/2021AssetsTotal investments at fair value$ 1,051,074 $919,348$873,470$677,246$597,696Cash and cash equivalents13,22628,68431,68525,31319,124Restricted cash--15,05715,00015,341Interest receivable8,6006,4825,5514,4814,065Other assets17,28011,42511,3555,3675,221Total Assets$1,090,180$965,939$937,118$727,407$641,447LiabilitiesCredit facilities$220,000$134,000$91,000$9,474$68,947August 2026 Notes, net of unamortized deferred financing cost122,609122,465122,321122,436-2025 Notes, net of unamortized deferred financing cost121,979121,681121,384121,098120,832December 2026 Notes, net of unamortized deferred financing cost73,33973,25173,158--Convertible Notes, net of unamortized deferred financing cost and discount47,79947,63947,48547,35047,214Distribution payable17,87315,3899,8038,9597,682Security deposits12,51511,54910,8407,7058,812Accounts payable, accrued expenses, and other liabilities15,72415,92414,59411,3798,240Total Liabilities$631,838$541,898$490,585$328,401$261,727Net Assets$458,342$424,041$446,533$399,006$379,720Shares outstanding31,35627,98327,23027,14826,491Net Assets per Share (NAV per share)$14.62$15.15$16.40$14.70$14.33BALANCE SHEET

© 2022 Trinity Capital Inc. | 18Diversified Borrowings ($ in million) at 6/30/2022 Funding SourceDebt CommitmentOutstanding PrincipalUndrawn CommitmentStated MaturityInterest RateNotes:2025 Unsecured Notes (1)$125 (1)$125 (1)-January 16, 2025 (2)7.0%Convertible Notes$50$50-December 11, 20256.0% August 2026 Unsecured Notes$125$125-August 24, 20264.375% December 2026 Unsecured Notes$75$75-December 15, 20264.25%Bank Facility:KeyBank Credit Facility$400$220$180October 27, 2026Adjusted Term SOFR + 2.85%DEBT CAPITAL STRUCTURE (1)Subsequent to quarter-end, the Company issued an additional $57.5M of the 2025 Unsecured Notes and began trading on the Nasdaq Global Select Market under the symbol “TRINL.”(2)Callable at par in January 2023.

© 2022 Trinity Capital Inc. | 19 Distributable Net Income covered regular dividends by 121.4% in 2Q22Supplemental Dividend of $0.15 from 2021 spillover incomeStrong Earnings and Dividend GrowthSOLID SHAREHOLDER RETURNS $0.49 $0.76 $1.03 $1.31 $1.60 $1.93 $2.29 $2.69 $3.11 $0.15$0.30 $0.22$0.27$0.27$0.28$0.29$0.33$0.36$0.40$0.42$0.00$0.05$0.10$0.15 $0.20 $0.25 $0.30$0.35$0.40 $0.45$0.00$0.50$1.00$1.50$2.00$2.50 $3.00$3.502Q203Q204Q201Q212Q213Q214Q211Q222Q22Dividend Growth Cumulative Regular Dividends Cumulative Supplemental Dividends Quarterly Dividends

PORTFOLIOHIGHLIGHTS

(1)Based on Fair Market Value© 2022 Trinity Capital Inc. | 21Industry Diversification(1)Geography Diversification(1) 25.4%24.3%8.0%6.7%6.6%4.8%3.8%20.4% Professional, Scientific, and Technical ServicesManufacturingInformationHealthcare and Social AssistanceReal EstateRetail TradeFinance and InsuranceIndustry Diversification(1)Other <= 3.5% individual industry 45.1% 45.1%9.9%9.9%5.0%5.0%9.7%9.7%0.6%0.6%22.1%22.1%International7.6%PORTFOLIO DIVERSIFICATIONAt June 30, 2022

© 2022 Trinity Capital Inc. | 22PORTFOLIO SUMMARY(1)Based on Fair Market Value $551,894 $184,074 $100,732 $36,770 Total Portfolio: By TypeAt Fair Value as of December 31, 2021In $000 Secured LoanEquipment FinancingEquityWarrant $769,659 $224,934 $23,289 $33,192 Total Portfolio: By TypeAt Fair Value as of June 30, 2022In $000 Secured LoanEquipment FinancingEquityWarrant June 30, 2022December 31, 2021CostFair ValueCostFair ValueTypeAmount%Amount%Amount%Amount%Secured Loan$776,52472.9%$769,65973.2%$557,62769.8%$551,89463.2%Equipment Financing231,47521.7%224,93421.4%183,29823.0%184,07421.1%Equity37,8583.5%23,2892.2%42,0465.3%100,73211.5%Warrants20,7411.9%33,1923.2%14,8851.9%36,7704.2%Total$1,066,598100.0%$1,051,074100.0%$797,856100.0%$873,470100.0%

© 2022 Trinity Capital Inc. | 23(1)Based on outstanding principal(2)Based on Fair Market Value 50.7%40.0%43.2%40.4%35.6%49.3%60.0%56.8%59.6%64.4%2Q213Q214Q211Q222Q22FIXED VS FLOATING DEBT INVESTMENTS(1) Fixed Floating 66.4%69.2%63.2%70.6%73.2%20.2%16.1%21.1%22.2%21.4%8.8%10.6%11.5%2.6%2.2%4.6%4.1%4.2%4.6%3.2%2Q213Q214Q211Q222Q22TOTAL PORTFOLIO BY INVESTMENT TYPE(2) Loans Equipment Finance Equity WarrantPivoting to floating rate portfolio Strong Asset Diversification PORTFOLIO TRENDS

© 2022 Trinity Capital Inc. | 24HYPOTHETICAL WARRANT UPSIDE •Investment of $20.9 million (50%)•Proceeds of $41.9 million (2X)•Cost of $31.3 million •Potential gain of $10.6 millionor $0.34 per share •Investment of $20.9 million (50%)•Proceeds of $62.8 million (3X)•Cost of $31.3 million •Potential gain of $31.5 millionor $1.01 per share •Investment of $20.9 million (50%)•Proceeds of $83.9 million (4X)•Cost of $31.3 million •Potential gain of $52.5 millionor $1.67 per shareRecent and Pending Portfolio Company M&A Liquidity EventsFootprint and E la Carte (dba Presto) have entered into definitive merger agreements with Special Purpose Acquisition Companies (SPACs)125 Warrant Positions in 75 Portfolio CompaniesGAAP fair value ~ $33.2 millionGAAP cost ~ $20.7 million~ $41.9 million in nominal exercise value Hypothetical Models of Potential Warrant Gains at 6/30/22Assume that only 50% of warrants will monetizeCost of exercised warrants is ~ $31.3 millionBased on 31.4 million shares of common stock outstanding at 6/30/22 MULTIPLE MULTIPLE MULTIPLE 2X 3X4XFor Illustration Purposes Only

© 2022 Trinity Capital Inc. | 25 $518$578$736$854$995 3.13.13.03.03.011.522.5 3 3.5 $‐ $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,1002Q213Q214Q211Q222Q22 Total Debt Investments (FV, $ in million) Weighted Investment Credit Rating 2Q221Q224Q213Q212Q21Very Strong Performance (4.0 –5.0)$62,7196.3%$80,5929.4%$84,78511.5%$62,87210.9%$83,91516.2%Strong Performance (3.0 –3.9)$382,59338.5%$332,01938.9%$236,46632.1%$224,28738.8%$204,90639.5%Performing (2.0 –2.9)$529,28553.2%$429,04450.3%$396,84653.9%$267,39146.3%$199,44938.5%Watch (1.6–1.9)$18,7061.9%$8,8581.0%$13,4271.8%$16,1942.8%$29,8205.7%Default/Workout (1.0 –1.5)$1,2900.1%$3,2860.4%$4,4440.6%$6,9191.2%$3430.1%Weighted Average3.03.13.03.13.1Credit risk rating at Fair Value, 2Q 2022 –2Q 2021 ($ in thousands)Consistent and Disciplined Underwriting StandardsDISCIPLINED CREDIT RATING

VENTURE CAPITALAND LENDING MARKET

© 2022 Trinity Capital Inc. | 28US VC Deal ActivityVENTURE CAPITAL MARKET Source: Pitchbook NVCA Venture Monitor Q2 2022 $30$38$37$28$32$45 $42$50$73 $86 $83$89$145 $146$167$342 $1443,402 4,401 4,868 4,587 5,567 6,910 8,061 9,932 10,866 11,543 10,389 11,303 11,900 12,899 12,578 17,637 9,421 ‐ 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 $‐ $50 $100 $150 $200 $250 $300 $350 $40020062007200820092010201120122013201420152016201720182019202020211H22# of DealsDollar Invested (billions) VC dollars # of deals

© 2022 Trinity Capital Inc. | 29US VC Fundraising ActivityVENTURE CAPITAL FUNDRAISING Source: Pitchbook NVCA Venture Monitor Q2 2022 $34$30 $18 $17 $25 $23 $23 $38$44$52 $44 $61 $71 $85 $139 $122 $‐ $20 $40 $60 $80 $100 $120 $140 $1602007200820092010201120122013201420152016201720182019202020211H22Billions Capital Raised ($)

© 2022 Trinity Capital Inc. | 30VENTURE DEBT MARKET $4$8$8 $11 $17 $15 $15 $25 $32 $33$34$151,075 1,370 1,656 2,033 2,561 2,434 2,660 2,783 3,177 3,075 3,456 1,221 ‐ 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 $‐ $5 $10 $15 $20 $25 $30 $35 $40201120122013201420152016201720182019202020211H22# of DealsDollar Invested (billions) Venture Debt # of deals US Venture Debt Deal ActivitySource: Pitchbook NVCA Venture Monitor Q1 2022

ANALYST COVERAGE

© 2022 Trinity Capital Inc. | 32Followed by Six FirmsTrinity Capital is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Trinity Capital’s performance made by these analysts are theirs alone and do not representopinions, forecasts or predictions of Trinity Capital or its management. Trinity Capital does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions orrecommendations. Ryan Lynch(initiated coverage 2/23/21) Finian O’Shea(initiated coverage 2/23/21)Vilas Abraham(initiated coverage 2/23/21)Casey Alexander(initiated coverage 2/23/21)Christopher Nolan(initiated coverage 2/23/21)EXTENSIVE INDUSTRY ANALYST COVERAGE Mitchell Penn(initiated coverage 5/3/21)

SUPPLEMENTAL INFORMATION

© 2022 Trinity Capital Inc. | 34BUSINESS DEVELOPMENT COMPANY (BDC)REGULATED INVESTMENT COMPANY (RIC)Trinity Capital Inc. is an Internally Managed BDC under the 1940 Act and has elected to be treated as a RIC for Federal Income Tax Purposes beginning with its Taxable Year ending December 31, 2020Regulated by the SEC under the Investment Company Act of 1940 (the ��1940 Act”)Leverage limited to approximately 2:1 debt/equityInvestments are required to be carried at fair valueMajority of Board of Directors must be independentOffer managerial assistance to portfolio companiesDistribute taxable income as dividend distributions to shareholders, subject to approval by Trinity Capital’s Board of DirectorsMandates asset diversificationEliminates corporate taxation Allows for the retention of capital gains and/or spillover of taxable incomeREGULATION & STRUCTURE

We look forward to our growing partnership.THANK YOU

Trinity Capital (TRIN) 8-KTrinity Capital Inc. Reports Second Quarter 2022 Financial Results