At a Glance
Founded in 2000 by Josh Wolfe, Lux Capital has established itself as one of the premier deep technology venture firms, with over $5 billion in assets under management. The firm specializes in backing entrepreneurs who are building companies at the intersection of physics, biology, chemistry, and computer science, often investing in areas others consider too risky or too early. Lux has a distinctive investment philosophy centered on contrarian thinking and long-term vision, frequently backing companies that are developing breakthrough technologies in aerospace, robotics, artificial intelligence, and biotechnology. Notable portfolio successes include Planet Labs, which went public via SPAC, genomics company Tempus, and pharmaceutical AI platform Recursion. The firm's partners, including Josh Wolfe and Peter Hebert, are known for their deep technical expertise and ability to identify transformative technologies years before they reach mainstream adoption. Lux operates from offices in New York and Menlo Park, maintaining a unique culture that blends scientific rigor with venture capital acumen.
“Invests in science and engineering breakthroughs that create enduring companies solving real-world problems.”
Lux Capital primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Lux Capital is headquartered in New York, NY. Many of their portfolio companies are also based in this region, though they invest across geographies.
Lux Capital focuses on investments in Deeptech, AI, Biotech, Robotics, Aerospace & Defense. Their portfolio reflects deep expertise and networks within these sectors.
Lux Capital's typical investment check size ranges from 1000000 to 100000000. Actual amounts may vary based on the stage, sector, and specific opportunity.
Lux Capital manages approximately $5B+ in assets under management (AUM) across their funds.