Capital for Applied AI
in Regulated Industries

We invest where AI meets regulation. Defense, energy, industrial, healthcare, and the other markets where compliance and standards literacy compound into a moat.

How We Invest

Four pillars that frame how we invest:

Sector

Defense, energy, industrial, healthcare. We invest where compliance and standards aren't optional — that's where the moat lives.

Stage

Pre-seed and seed. We lead or co-lead, hold reserves for follow-on, and stay engaged through the rounds that follow.

Thesis

AI + regulated industry. Generalist plays compete on model quality alone; we invest where sector specialization compounds into durable moats.

Engagement

Board seats, intros across our network of operators and enterprise buyers, and capital strategy support through follow-on rounds.

We Are Perfect Blue Ventures

AI + regulated industry. That's the thesis. We back early-stage founders building for markets where compliance, standards, and sector knowledge create moats that compound — the kind of edge a generalist AI play can't replicate by training a bigger model.

  • Thesis: AI + regulated industry
  • Sectors: defense, energy, industrial, healthcare
  • Stage: pre-seed and seed, with follow-on reserves
  • Reach: 22 countries, North America-anchored
  • Portfolio: 3 post-revenue, 4 incubating
About the Fund

Founders

Raising for an Applied AI Venture?

If you're building in defense, energy, industrial, healthcare, or anything compliance-heavy, we want to see your deck.

Pitch Us

Investors

Allocating to Applied AI?

Sector-specialist exposure to AI + regulated industries. Open to qualified LPs.

Investor Inquiries