Modal Labs
Optimizes AI inference to reduce compute costs and response time
$750MSeries D
ParticipantLC
Lux Capital
Activity from announced rounds
Activity in this selectionSeries C+
Lux Capital invests in companies emerging from the life sciences, physical sciences and computational sciences, including biotechnology, robotics, aerospace, defence and AI infrastructure.
Its investment approach includes small Seeds, Experiments and Optionality investments that let it engage with technology before a conventional venture case is established. The firm also makes thesis-driven investments and backs founders working on technically difficult problems.
Lux’s Riskgaming programme uses researched scenarios to examine how technological developments interact with geopolitics and national security. That perspective is especially relevant for founders whose commercial opportunity depends on scientific progress, industrial adoption or government demand.
Sources
- Rounds participated in
- 9
- Confirmed lead rounds
- 1 5 roles undisclosed
- New companies
- 7 First participation on record · 2 follow-on
- Funding in participating rounds
- $4.1B 9 disclosed · full round size, not this investor’s share
By stage
By primary sector
1 more
Proptech1
By country
Rounds
9 in this selectionVarda
Varda builds spacecraft that manufacture materials in low Earth orbit and return them to Earth. Its capsules support microgravity pharmaceutical development and materials processing, followed by controlled reentry and post-flight analysis of returned payloads.
$251MSeries D
LeadEnveda
Enveda uses AI to discover biologically active molecules from nature and develop them into small-molecule medicines for inflammatory and metabolic diseases.
$311MSeries E
ParticipantImpulse Space
Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics
$308MSeries D extension
Role not disclosedHadrian
Builds highly automated factories producing defense and aerospace systems
$1.4BSeries D
ParticipantHigharc
Provides AI platform for homebuilding design, estimating and construction
$95MSeries C
Role not disclosedHelion
Develops magneto-inertial fusion power technology to generate electricity for commercial deployment
$465MSeries G
Role not disclosedImpulse Space
Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics
$500MSeries D
Role not disclosedFiddler AI
Provides AI observability and security platform for enterprises
$30MSeries C
Role not disclosed