Lux Capital's investment focus is on transformative science and technology, particularly "deep tech" and "frontier technology" ventures at the intersection of computational advancements and the physical world. Their strategy involves a contrarian approach, backing ambitious founders in sectors like artificial intelligence, biotechnology, aerospace, and energy, often from seed to growth stages.
Deal activity increased 90% year-over-year (40 deals in the last 12 months). Average disclosed round size is $126.0M (across 238 rounds with reported amounts).
Portfolio
251
Fund Size
$7B
Top Stage
Series A
Last 12 Mo
40
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
251 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Cloaked | Series B | $375M | Mar 2026 |
 Hanover Park | Series A | $27M | Mar 2026 |
 Nominal Inc. | Series B | $80M | Mar 2026 |
| AAnduril Industries | Unknown | — | Mar 2026 |
 Terra Industries | Series B | $22M | Feb 2026 |
| FFiddler AI | Series C | $30M | Jan 2026 |
| Terra Industries | Pre-Seed | $11.8M | Jan 2026 |
 Hadrian | Unknown | — | Jan 2026 |
| Hadrian | Growth | $180M | Jan 2026 |
| EErebor Bank | Growth | $350M | Jan 2026 |
 Erebor | Growth | $350M | Dec 2025 |
 Atavistik Bio | Series B | $120M | Dec 2025 |
 Unconventional AI | Seed | $475M | Dec 2025 |
 Paradigm Health | Series B | $78M | Dec 2025 |
 Black Forest Labs | Series B | $300M | Dec 2025 |
 Physical Intelligence | Growth | $600M | Nov 2025 |
 Sakana AI | Series B | $135M | Nov 2025 |
 Ramp | Growth | $300M | Nov 2025 |
 Majestic Labs | Series A | $100M | Nov 2025 |
 EnduroSat | Growth | $104M | Oct 2025 |
 Valthos | Seed | $30M | Oct 2025 |
 1001 AI | Seed | $9M | Oct 2025 |
 Nilo Therapeutics | Series A | $101M | Oct 2025 |
 Unconventional, Inc. | Growth | $1B | Oct 2025 |
 Modal Labs | Series C | $87M | Sep 2025 |
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Top Co-Investors
Founders Fund51 shared
General Catalyst36 shared
Andreessen Horowitz22 shared
Sequoia Capital19 shared
8VC17 shared
Khosla Ventures15 shared
Thrive Capital15 shared
DCVC15 shared
Menlo Ventures14 shared
Lightspeed Venture Partners14 shared
Felicis Ventures14 shared
Definition Capital13 shared
GV (Google Ventures)12 shared
D1 Capital Partners12 shared
SV Angel11 shared
BOND11 shared
137 Ventures11 shared
Coatue Management10 shared
Addition9 shared
Y Combinator9 shared
Last updated: 10 April 2026