Where intelligence
meets matter.
Machine intelligence is the disruptive force of this era. The deepest value forms where it collides with a substrate it is about to transform. We invest only at those collision points, and only in discontinuities. Incremental innovation, however profitable, is outside our mandate.
The four collisions
Intelligence × Biology
Designed therapeutics, genomics and synthetic biology attacking a 90% drug-failure rate from several angles at once.
Intelligence × Machines
Foundation models closing the gap between software and hardware, making robotics general-purpose infrastructure.
Intelligence × Compute
Intelligence rebuilding its own substrate: architectures, processors, memory, continuous learning.
Intelligence × the Physical Frontier
Launch costs down two orders of magnitude, opening a servicing greenfield across thousands of satellites.
Four tests
Four tests. Every company passes all of them or we pass.
- 01
A recent inflection
it exists because something just became possible, not because someone executes better.
- 02
A 10x discontinuity
an order of magnitude in cost, capability or outcome. Never 10%.
- 03
A moat rooted in science
IP, exclusive licence, regulatory approval, proprietary data. Not speed alone.
- 04
Translatable across ecosystems
a company our network can move: talent, capital or market, across a border. The test only we can run.