01
Digital infrastructure
Data centres need power and land, and getting both is harder than it looks. That's usually what holds a project up, not the design.
Models will get cheaper. Everything underneath them won't.
We operate as a syndicate, backing founders at the intersection where AI meets the physical world. Power, land, plant, production. While everyone watches the models, we invest in the infrastructure that stands to gain the most.
We've mapped where AI's growth actually lands.
Five sectors. These are ours.
Mandates
Five sectors.
Each one owns something physical and hard to replace.
02
AgriTech
Growing more without depending on good weather or cheap labour, plus everything that happens after harvest. A lot still gets lost between the field and the shelf.
03
Physical AI & robotics
Software tied to equipment somebody already owns. If a good team could rebuild it in three months, we're not interested.
04
MedTech & diagnostics
Ways to diagnose people faster and more cheaply without hiring more doctors. Imaging, devices, and what happens at the point of care.
05
Wellness
People are living under constant pressure and paying to get out from under it. Clinics, recovery and the property they sit in, in one of the biggest health markets nobody has properly digitised.
Approach
Few positions. Held properly.
Cheque size
US$100k–250k into start-ups at entry, with room to follow on. Larger alongside co-investors.
Selection
A handful of positions we understand, rather than a spread. Which means saying no a lot.
Leverage
Small teams now outbuild large ones. That gap is most of the opportunity.
Asia
Growing faster than it ever has. Capital, talent and build capacity keep concentrating here. For us that's access, not a story.
Dubai desk
A trading desk in Dubai reads flow across markets. Positioning shows where capital is going long before a deck does.
Partners
Five mandates, five markets.
We grew up in these markets. Each mandate is run by someone who worked in it before they invested in it. The diligence tends to be quicker and the questions harder.
Digital infrastructure
Hong Kong
AgriTech
Amsterdam
Physical AI & robotics
Shenzhen
MedTech
Singapore
Wellness
Bangkok
Reach out to our trading desk
[email protected]
Contact
Two doors. Same table.
Principles
You lay bricks. What you end up with depends on how you laid them. Same for a building, a business, or a fund.
Vision
The physical layer under the technology. Power, plants, fields, clinics, owned by people who build carefully and hold for a long time.
Mission
Find those people early, back them properly, and stay long enough to matter.
How we behave
Quietly. We'd rather be the investor a founder calls late at night than the one with the loudest thesis.
01
Own the thing, don't rent the story
Hold something a competitor would need years and real money to replicate. Narrative is cheap now.
02
Compounding beats timing
Brick by brick is a return profile, not a slogan. Ten years matters more than this quarter.
03
Specific knowledge is the moat
Know something that can't be taught on a course. Usually earned by doing the work badly first.
04
Discipline is the actual edge
Outcomes are decided by small choices made when nobody's watching. The boring parts scale.
Cheque size
US$100k–250k into start-ups at entry, with room to follow on. Larger alongside co-investors.
Selection
A handful of positions we understand, rather than a spread. Which means saying no a lot.
Leverage
Small teams now outbuild large ones. That gap is most of the opportunity.
Asia
Growing faster than it ever has. Capital, talent and build capacity keep concentrating here. For us that's access, not a story.
Dubai desk
A trading desk in Dubai reads flow across markets. Positioning shows where capital is going long before a deck does.