Technical founders, very early.
Pre-seed and seed cheques from $500K to $3M. A decision within 14 days.
Pitch usThesis
Three beliefs, held early.
Ten to twelve cheques a year. We lead or co-lead every one.
- 01
Sold to operators, not IT.
Machine shops, clinics and freight brokers now try software on Tuesday and pay on Friday.
- 02
Climate is industrial.
Storage, grid and materials that beat the incumbent on cost, subsidy or not.
- 03
Regulation is a moat.
Payments, health and insurance are slow to enter and slower to leave.
Portfolio
Forty-two companies, backed first.
12 shown
- Follow-on raised
- $1.9B
- Days to term sheet
- 11
- Fund II net TVPI
- 3.1×
Team
Founders, not associates.
Mara Lindqvist
Managing Partner
Climate and industrial. Founded and sold Ferrum.
Dayo Adeyemi
General Partner
Fintech and infrastructure. Ex-Stripe risk lead.
Julien Roux
General Partner
Developer tools and data. Ex-Snowflake.
Priya Raman
Partner
Health and bio. Physician-scientist, ex-Wellcome Leap.
Pitch us.
Building something hard? Tell us before you feel ready. A partner reads every pitch and replies within five days.