Portfolio

Space Exploration Technologies Corp. (SpaceX) is a privately held American aerospace manufacturer and space transportation company headquartered in Hawthorne, California. Founded in 2002, the company designs, manufactures, and launches advanced rockets and spacecraft with the stated mission of reducing the cost of space access and enabling the long-term colonization of Mars. SpaceX operates the Falcon 9, Falcon Heavy, and Starship launch vehicles, and holds significant contracts with NASA and the U.S. Department of Defense. The company also operates Starlink, a satellite-based broadband internet constellation serving customers globally. SpaceX is widely regarded as one of the most highly valued private companies in the world.

CoreWeave is a specialized cloud computing provider headquartered in Roseland, New Jersey. The company operates a large-scale GPU-accelerated infrastructure platform purpose-built for compute-intensive workloads, including artificial intelligence model training, rendering, and high-performance computing. Originally founded as a cryptocurrency mining operation, CoreWeave pivoted to cloud services in 2019 and has since emerged as a significant infrastructure provider to the AI industry. The company maintains data center operations across multiple U.S. regions and counts major technology firms among its customer base.

xAI is a privately held artificial intelligence research and development company founded in 2023 and headquartered in the San Francisco Bay Area. The company's stated mission is the advancement of human scientific understanding through the development of AI systems. xAI developed and released Grok, a large language model integrated into the X (formerly Twitter) platform. The company has attracted substantial private investment and is associated with efforts to build AI systems emphasizing transparency and factual reasoning.

Lambda (formerly Lambda Labs) is a privately held technology company headquartered in San Francisco, California, specializing in GPU cloud computing infrastructure and AI development tools. The company provides on-demand and reserved cloud GPU instances targeted at machine learning researchers, enterprise AI teams, and academic institutions. Lambda also manufactures and sells GPU workstations and servers for on-premises deployment. The company has positioned itself as a cost-effective alternative to hyperscale cloud providers for AI training and inference workloads.

Kraken is one of the longest-operating and most established cryptocurrency exchange platforms in the United States, founded in 2011 and headquartered in San Francisco, California. The company provides spot and derivatives trading across a broad range of digital assets, custody services, and over-the-counter trading for institutional clients. Kraken is known for its emphasis on regulatory compliance and security practices relative to peers in the digital asset industry. The company serves retail and institutional customers across numerous countries and has consistently maintained a reputation for operational reliability.

Crusoe Energy Systems is a privately held clean computing infrastructure company headquartered in Denver, Colorado. The company was founded on the concept of utilizing stranded and flared natural gas — gas that would otherwise be wasted at oil and gas production sites — to generate power for modular data centers and high-performance computing operations. Crusoe's model is designed to reduce methane emissions while providing low-cost energy for cloud computing and AI workloads. The company has expanded its operations across multiple states and has attracted investment from both energy-sector and technology-sector investors.

Perplexity AI is a privately held artificial intelligence company headquartered in San Francisco, California, focused on the development of AI-powered search and information retrieval tools. The company's core product is a conversational answer engine that synthesizes real-time web information to provide cited, sourced responses to user queries. Perplexity has attracted a growing base of individual and enterprise users seeking an AI-native alternative to traditional search engines. The company has raised multiple rounds of venture financing and has been recognized as one of the faster-growing consumer AI applications since its public launch.

Positron is a privately held artificial intelligence company developing large-scale inference infrastructure and agentic AI systems. The company is focused on enabling the deployment of advanced AI models at commercially viable cost and speed, targeting enterprise and research customers requiring high-throughput, low-latency AI processing. Positron has been noted for its technical approach to purpose-built AI compute and has attracted interest from investors active in the frontier AI infrastructure space.

Shield AI is a privately held defense technology company headquartered in San Diego, California, founded in 2015. The company develops AI-powered autonomous systems and software for military and national security applications. Its core product, Hivemind, is an AI pilot platform designed to enable autonomous operation of aircraft in contested and communications-denied environments. Shield AI's technology has been tested and deployed in collaboration with branches of the U.S. armed forces, and the company has grown to become one of the more prominent venture-backed defense technology firms in the United States.

Erebor is a privately held financial institution in formation, established with the stated purpose of providing banking and financial services tailored to the technology industry, startups, and the broader innovation economy. The company has been founded by investors and operators with backgrounds in technology and venture capital, positioning itself as an alternative to both traditional commercial banks and failed predecessors that previously served the startup ecosystem. Erebor has indicated its intent to pursue a full banking charter and to serve the deposit, lending, and treasury management needs of technology companies and their founders.