We invest in hardware companies.

Robots, devices, and the machines bringing software's pace of progress into the physical world.

Software ate the world. Now it needs hands, and we back the teams building them.

Robotics and devices with recurring software revenue attached, solving expensive problems in real industries.

Gross margins at scale, manufacturability, and a service model that does not eat the business.

Supply chain introductions, capital planning for hardware timelines, and honest feedback on cost curves.

The Process

We read every deck that reaches us and give direct feedback fast. If it is not a fit, you will know why.

Diligence measured in weeks, clear terms, and a decision we stand behind. No slow-rolling to keep options open.

Model strategy, first hires, pricing, go-to-market: we do the unglamorous work alongside you.

We follow on with conviction and put you in front of the right later-stage investors when the time comes.

Building something AI-native in one of our focus areas? Send it. We respond to every serious note.

Focused exposure to early-stage AI, fintech, and software through a disciplined portfolio.