We started Lux in 2000 with a simple conviction: the biggest opportunities lie at the frontier of science and technology that others find too hard, too early, or too confusing. Twenty-five years later, that conviction hasn't changed. What has changed is that the world has caught on. Now compute, automation, and biology have matured into scalable engineering disciplines, and what was once fringe "deep tech" has become essential infrastructure. New talent, new tools, and new industrial capacity now exist to turn the most cutting-edge technology across the physical, computational, and life sciences into enduring businesses. For these businesses and founders to become category-defining winners, they need meaningful capital and conviction. That is why we are especially excited to announce our largest fund to date, Lux Ventures IX, a $1.5B commitment to investing in the people turning sci-fi into sci-fact. Today entire sectors of aerospace, biotech, defense, industrials, transportation and beyond are being reinvented by a new generation of brilliantly ambitious, often irreverent, scientists and engineers. And while markets have changed and capital reshapes around fewer companies and larger checks, our focus on the craft remains constant. That focus matters because science doesn’t scale itself. The path from a result in the lab, only known to a few, to something durable the entire world will use requires a different kind of partnership. One that deploys the first $100K and the last $100M, that stays through the full arc of company-building, that mobilizes a powerful network of kinetic like-minded founders, and that treats capital as a tool rather than the product. Forty-four people at Lux now manage $7B, still operating with the same discipline and purpose we had on day one. We find and fund founders others have overlooked, back conviction over consensus, and build alongside these rebels of science and tech at every stage. We’re grateful to our valued LPs who've partnered with us through multiple cycles, and to the founders who trust us with their life's work. The mission continues, with even greater intensity and momentum. luxcapital.com/news/announci…

What an honor to be named an Endpoints11. More importantly, honored to be trusted by the most ambitious pharmas & AI co’s using autonomous labs to find new cures. Medra is committed to partner closely to achieve our customer’s most ambitious vision of AI-driven discovery. LFG🦾

Excited to share that I’ve rejoined Lux Capital as a Partner on the investment team. I started my venture career at Lux and have always admired the team’s relentless curiosity and conviction in backing ambitious, non-obvious companies. It feels great to be back.

We've raised an additional $308M to continue expanding our team, products, and facilities as we accelerate humanity's future beyond Earth. This raise brings our combined Series D round to $808M, continuing a period of significant growth for our company. We're scaling because our customers need more than just access to space, they need to be able to move dynamically once they're there. That's why we're building vehicles that can maneuver precisely, respond quickly, reach new destinations, and adapt on orbit. We're excited to continue building a full spectrum of in-space mobility capabilities for the space industry. Read the full announcement: impulsespace.com/updates/imp…

Chip design has run on the same timelines for decades, but that changes TODAY. TODAY, @Cognichip launches ACI Enterprise. CEO @FarajAalaei just announced this major milestone, widespread adoption of physics-informed foundation models for chip design, at the @NYSE. ACI Enterprise is now generally available, bringing software speed to hardware design, and is already being used by chip leaders including @RenesasGlobal and @SiTimeCorp. Watch @FarajAalaei break the news with @GlobalSemi Founder & CEO Jodi Shelton. ⬇️

We started Sequence (@seqholdings) with a clear conviction: the holding company of the next century will be a technology company that owns and operates businesses. Today is an important step in that journey. We’re thrilled to announce that Sequence, along with the Dell Family Office and the Baldwin family and management team, have agreed to take The Baldwin Group private. I’m excited to partner with Trevor Baldwin and the broader team as we help extend Baldwin’s lead as the insurance firm of the future. Read more here: ir.baldwin.com/news-releases…

Wow JSX just added Santa Monica to Oakland service

I was joking with my academic friends that I approach my career with a kind of naive idiocy. Before Medra, I could have spent a year as a professor while working at NVIDIA. Just one year would have left me both financially secure and reputationally set. And honestly, I’m not sure starting Medra a year later, or delaying it for a year, would have made that much of a difference. Sometimes I look back and think: why didn’t I just do the obvious, rational thing? The thing that most smart professors I admire do — start a company while remaining an academic. My friends reminded me of something: the person who would have thought that way probably wouldn’t have started Medra in the first place. And maybe wouldn’t have been the kind of person crazy enough to believe they could eradicate disease. Fair enough. 😅