Althing Ventures

Althing Ventures is a venture capital firm investing at pre-seed and seed in companies building infrastructure for the AI era. Its focus is on the underlying systems rather than applications: compute, energy, and technologies that build, train and deploy intelligent machines, on the ground and in the air. The firm's stated technical domains are AI infrastructure, compute, energy, aerospace and robotics.

Check sizes are set by stage. Pre-seed investments typically run $100,000–$250,000; seed investments typically run $500,000–$1 million. The firm describes its target sectors as mutually reinforcing: compute increases energy demand, energy enables deployment, and aerospace and robotics extend intelligence into the physical world.

Investment decisions are supported by an operator-led approach and a network of entrepreneurs and industry veterans, whose members contribute to diligence, source opportunities and advise portfolio companies. Screening criteria cited by the firm include technical defensibility, strong unit economics, lean operations and long-term demand.

General partner Daniel Russell brings operating experience to the investment process, having built eight-figure revenue, grown a team to 100 people and completed one successful exit.