Building something hard?Talk to us early.
We understand that hard technology takes longer, costs more and needs patient, technical investors. We try to be clear, fast and honest, including when the answer is no.
I. What you can expect
Clear. Fast. Honest.
A quick answer on fit.
We tell you within five business days whether your company is inside one of our verticals.
Technical engagement.
A technical adviser reviews your approach as part of diligence.
Milestone-based support.
We agree milestones with you at the start, and our follow-on capital is tied to them.
Every founder hears back.
When we pass, we tell you the main reason when we can.
A path to a first buyer.
After we invest, we work on your first field test, your first buyer conversations and a warranty buyers can trust.
II. What we bring
Beyond the check.
Other funds give founders money and advice. We give them a test site, a first customer and a warranty.
Texas Proving Ground
Standard pilot agreements with host sites across Texas. Target: a field deployment within about 60 days of our investment.
How pilots workPerformance warranties
An insurer-backed performance warranty for pilots and early deployments. The insurer stands behind it.
How warranties workFounder carry pool
Units in a pool holding a share of each fund’s general partner’s carried interest, vesting 50% at grant, 50% after 24 months. Paid only if and when carry is paid.
Dark Ice Foundry
For operators and inventors: new companies built from proven, unused technology.
Operators and inventorsDreamers
A $150,000 pre-seed program for first-time founders. Decision target three weeks.
Apply to DreamersOffice hours
Open office hours monthly for founders in our verticals, at any of our six offices or by video.
Book a slotA note on confidentiality
Please do not send confidential information until we have discussed whether an NDA is appropriate.
Show us what you’re building
Deck optional. Honest answer guaranteed.
Tell us what you are building and what it replaces.
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Pitch us