Our Investment Approach

Our Investment Approach

AI + regulated industry. That's the seam we invest in. Standards literacy, compliance work, and sector go-to-market are advantages a generalist AI play can't replicate by training a bigger model — and they compound for the founders who get them right.

Sector Focus

Applied AI for regulated industries: defense, energy, industrial, healthcare, and compliance-sensitive enterprise. We invest where standards, auditability, and security create durable moats.

Stage Focus

Early-stage. We participate in pre-seed and seed rounds, with reserves held for follow-on participation in selected portfolio companies as they mature.

Investment Criteria

We back teams that treat compliance, security, and auditability as first-class engineering disciplines. Frameworks we look for in target markets include CMMC, ISO/IEC 42001, NIST AI RMF, and SOC 2.

Fund Structure

A focused, sector-specialist fund. LPs commit capital, we invest it, and our portfolio companies keep full ownership of their cap tables — no service fees, no studio carve-outs, no hidden equity.

Portfolio Engagement

Beyond the check, we sit on boards, open doors across our network of operators and enterprise buyers, and help our portfolio companies put together follow-on rounds.

Geographic Reach

Active across 22 countries. We invest where the team and the technology are strongest—North America is our home base, with global participation alongside aligned co-investors.

Sector Focus

Five regulated markets where we deploy capital. Each one rewards founders who treat compliance, security, and standards literacy as engineering disciplines — not paperwork.

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Defense & Intelligence

Autonomy, ISR, and decision support. Standards like CMMC and ITAR are the price of admission.

Energy & Utilities

Grid optimization, predictive maintenance, and operational AI for an industry that measures downtime in millions per hour.

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Industrial Manufacturing

Vision systems, process automation, and AI-driven QA for plants where ISO and SOC 2 compliance shape every deployment.

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Healthcare & Diagnostics

Clinical decision support, diagnostics, and operations AI for a sector where HIPAA and FDA frameworks shape every release.

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Cybersecurity & Risk

Detection, audit automation, and risk management — where adversaries adapt faster than rule-based systems can.

Where We Invest

If you're building applied AI for regulated or mission-critical sectors, we want to talk.

Fund at a Glance

A focused, sector-specialist fund built for the realities of shipping AI where compliance, security, and operational rigor are non-negotiable.

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  • Structure: Fund
  • Stage: Pre-seed and seed, with selective follow-on reserves
  • Sectors: Defense, energy, industrial, healthcare, compliance-sensitive enterprise
  • Geography: Active across 22 countries; North America-anchored
  • Portfolio: 7 active ventures (3 post-revenue, 4 incubating)

See the Portfolio

Seven ventures across the AI + regulated industry thesis — three post-revenue, four incubating.

View Portfolio