Lux Capital

Lux Capital is a venture capital firm that invests in companies developing frontier science and technology, backing founders from early formation through later growth. The firm reports $7 billion in assets under management and operates from New York City and Silicon Valley.

Its investment focus spans artificial intelligence, automation, biotechnology, computing, defense, energy, infrastructure and robotics - the fields it characterises as the outermost edges of what is possible. Lux states that it backs founders working on ideas considered too early or too unconventional for conventional capital, framing its approach as informed, patient capital and an ambition to turn “sci-fi into sci-fact”. The stated stage range, from company formation through later growth, allows the firm to support portfolio companies across multiple financing rounds rather than at a single entry point.

Beyond investing, Lux publishes analysis on science and technology topics and runs Riskgaming, a platform for strategic scenarios, articles and podcasts. The output extends the firm's remit from capital allocation into research and commentary on the technologies and geopolitical contexts in which its portfolio operates.