Spacecadet

Red Sea Ventures is a leading NY-based, pre-seed and seed stage venture firm investing in tech-enabled, user-centric consumer and B2B startups. In our first fund, we invested in category leading companies across sectors including Allbirds, Convoy, Nest, Eargo, Prose, Genies, Joor, and Sweetgreen. We are looking to partner with mission driven founders seeking to transform the economy and the lives of their teams and users. We are an entrepreneurial firm that values friendliness, humility, camaraderie, collaboration, determination, independence, and hustle with a commitment to performance. We are building RSV as a platform for community; bringing together our visionary founders, LPs, and relationships at large to support the companies we choose to partner with.

Lingotto’s Innovation Fund is a new $600mm+ AUM crossover (public & private) fund focused on making concentrated and long-term investments in companies operating at the cutting edge of technological and business-model innovation. Core to our investment thesis is the fact that market returns are dominated by extreme structural winners – we seek to identify decades-long secular trends and the management teams best positioned to capitalize on them in the early years. The senior team has a notable history of private investments including: OpenAI, SpaceX, Alibaba, Coupang, Stripe, Databricks, Spotify, Airbnb, Tempus, Recursion, Ginkgo Bioworks, Palantir, Epic Games, Joby Aviation, Indigo, Aira, Humane, H2 Green Steel. The Innovation Fund is co-managed by James Anderson (CIO & Managing Partner) and Morgan Samet (Co-Head & Managing Partner). James has over 40 years of investment experience – most recently as a Partner at Baillie Gifford, where he managed over £100bn in AUM throughout his tenure. As head of the firm’s flagship fund, the Scottish Mortgage Investment Trust, he delivered a +1,555% return vs. +354% for the FTSE all-world benchmark (between April 2000 and March 2022). He was instrumental in the firm’s move into private investing starting with Alibaba in 2012. Morgan has over 19 years of experience in private and public market investing. She has previously worked at Belfer Management, Pzena Investment Management, Thomas H. Lee Partners, and Goldman Sachs. She received her MBA from Harvard Business School. The Innovation Fund is a part of Lingotto, a $4.5bn+ investment management company supported with permanent capital from Exor and additional external LPs. Exor is one of Europe’s largest publicly traded holding companies. Its assets include companies like Stellantis (Fiat, Chrysler, Citroen), Ferrari, Philips, Juventus Football Club, the Economist and Christian Louboutin. Exor’s CEO is John Elkann (Chairman of Ferrari); its Chairman is Nitin Nohria (Executive Chairman of Thrive Capital and former Dean of Harvard Business School). Lingotto’s Chairman is George Osborne, former UK chancellor.

Our corporate venture capital program invests and commercially partners with emerging technology and materials science companies. The program is designed to support entrepreneurs working on innovative, disruptive technologies, which will support our business strategies, providing value to our customers and strategic partners. We can partner with entrepreneurs in many ways, including minority equity investments, joint development agreements, non-recurring engineering projects, reseller relationships, and other forms of strategic technical and commercial partnerships. Our goal is to combine the best of both worlds: disruptive technology and entrepreneurial thinking with operational excellence at a global scale. Our Focus SectorsConnected Items: Enables a broad set of use cases from inventory management to consumer engagement Sustainability and Waste Management: Sources more sustainable materials, supports innovative recycling solutions, and enhances product life cycles Personalized Customer Experience: Helps brands provide personalization, customization, and more engaging product offerings for customers Advanced Materials: Expands our portfolio of label, film, coating, and other functional materials while developing our industry capabilities and relationships Data: Enables data acquisition, management, analytics, and monetization across complex global value chains Industry 4.0: Improves automation and efficiency of industrial manufacturing and global supply chains, including next generation IoT platforms

Expanding Capital is a growth-stage venture capital fund that invested in breakthrough companies like Coinbase, Clover Health, Astra Rockets, Classpass, Bolt, Cameo, Roofstock, mParticle, EasyPost and many other unicorns. We're sector-agnostic and seek investments across any sector. That's because we have the conviction that the best companies emerge at the intersection of multiple technologies being utilized to attack persistent challenges. We're strongest in B2B/Saas, consumer tech, and eCommerce enablers. One of our competitive advantages is our international scope and presence. Expanding Capital is backed by institutional capital and titans of industry from Brazil and South America. To help portfolio companies, we provide strategic assets, introductions and help our portfolio grow in the emerging LatAm region.

We have invested in more than 90 companies since 2016, including Pinterest, Compass, Hippo, Ro, Carta, Dutchie, Anduril, Varda Space Industries, Ghost, Front, Esusu, OKCredit, and Unqork. Additionally, through our subsidiary fund, New Slate Ventures, we have financed films, documentaries, and limited series that have been acquired by Apple, Netflix, and Disney. Based in New York City, we invest globally. Backstory Sinai Capital Partners was founded in 2017. We raised $100 million and built a talented team of young investors with offices in New York, Palo Alto, and Los Angeles. We made over 90 investments, realized 11 exits, and achieved a 1X return on our first fund within two years. In 2019, we raised $100 million for a subsidiary of Sinai Capital called New Slate Ventures, with the goal of supplying the many players in the streaming wars with independent content. Our films, series, and documentaries won Academy Award nominations, Golden Globes, Grammy’s, and Emmy’s, and were acquired by the likes of Apple, Disney, and Netflix for multiples of their cost. As a solo GP, I believe boutique, disciplined, early-stage funds with effective managers will generate the best returns for investors in this forthcoming innovation cycle. Throughout my career I’ve nurtured relationships across Silicon Valley, Wall Street, Washington DC, and Hollywood, and aim to leverage this access on behalf of the founders I support. Where to Now? We’re currently in the midst of the greatest acceleration of technological progress since 2010 and the advent of mobile/social computing. New frameworks for problem solving are emerging daily aided by artificial intelligence, CRISPR technologies, climate manipulation, and several other radical new fields previously dismissed as science fiction. When we started Sinai, the prevailing wisdom in Silicon Valley was that “hardware was hard” and that software investments provided much better risk-adjusted opportunities. That assumption is becoming less credible in the current venture capital landscape, with space exploration, brain computer interfaces, driverless electric vehicles, autonomous warfare drones, and nuclear fusion companies all appearing to be increasingly within reach, with potentially transformational impacts on civilization. Sinai’s new focus will be on these harder technical problems, as we believe this is where the majority of the value creation for this next venture cycle will emerge. While we still welcome revenue generating SaaS businesses, its become clearer to us that the best returns come from the most non-obvious ideas in undefined markets and categories. Some of our latest investments include Anduril, Varda, Galvanick, Rangeview, Factory.AI, Science.IO, and several others. We seek to invest in 5-10 companies each year, with average check sizes ranging between $1-5M depending on stage. We’re happy to lead seed rounds where we have high conviction, but prefer to collaborate with our friends at top funds across the globe. We are geographically agnostic, but are most active in New York, San Francisco, Miami, London, and the South Bay of Los Angeles.

We invest in early-stage, scalable ventures with exceptional founders. We focus on discovering early-stage, tech-enabled startups with significant growth potential in key industries that are reflective of our region and network, with a bias to those in Wisconsin and the Midwest. Investment VerticalsSPORTS, MEDIA & ENTERTAINMENT DIGITAL HEALTH AGRICULTURE, WATER & ENVIRONMENT MANUFACTURING & CONSTRUCTION SUPPLY CHAIN & LOGISTICS CROSS-INDUSTRY TECHNOLOGY Investment CriteriaSTAGE: We invest in early-stage companies that range from pre-revenue to Series A. INDUSTRY: We focus on digitally transforming industries core to the strengths of our partners and region. CHECK SIZE: Our initial check size ranges from $200K to $2M. We are happy to lead deals or co-invest. GEOGRAPHY: We have a bias toward founders based in or connected to Wisconsin and the Midwest. We exclusively invest in the U.S. and Canada. NETWORK: We invest in opportunities where we can add value with our networks and partnerships.