Intelligence,
applied everywhere.
The largest value pools in AI will be captured where models meet real-world problems. We back companies deploying AI to transform entire industries.
Applied AIFoundation models are becoming broadly available. Durable advantage is shifting to the application layer: companies that combine AI with domain expertise, proprietary data, distribution and regulatory know-how.
Where we invest.
Healthcare & life sciences
AI-driven diagnostics, drug discovery, clinical operations and care delivery.
Financial services
Underwriting, risk, compliance, fraud and autonomous back-office operations.
Industry & robotics
Physical AI, autonomous systems, predictive operations and intelligent manufacturing.
Enterprise, legal & public sector
Knowledge work, security, education, logistics and government services transformed by AI.
- Growth equity and control investments
- Proven product-market fit and recurring revenue
- Defensible data, distribution or regulatory position
- Global, sector-agnostic within our AI thesis
Explore the platform.
Agentic Transitions
Private equity for businesses rebuilt around autonomous AI agents.
ExploreAI-Native Infrastructure
GPU compute, data centres, networking and the electronics that power AI.
ExploreSemiconductors & Chips
The silicon foundation of the AI economy — design, manufacturing and supply chain.
Explore