For the last two decades, venture capital has subsidized the cost of software distribution. We believe that era is over. The next trillion dollars of value will be created by founders building hard things in the physical world.
We look for computational advantages applied to atoms, not bytes. Whether it's novel aerospace alloys, decentralized grid hardware, or computational biology, we back founders who aren't afraid of capital expenditure.
"Software ate the world. Now hardware is eating software."