How we invest

Early-stage capital for deeply technical teams.

We invest at pre-seed and seed in technical and domain-expert founders building for the enterprise. Then we put our commercialization method behind every company.

750+
Investments
5
Unicorns
3
Public listings
80+
Acquisitions
$5B+
Raised downstream
Our thesis

Technical depth, guided to enterprise traction.

Deep technical expertise is the hardest advantage to copy. We back the teams who have it, and give them a method to turn it into enterprise traction.

We built that method across more than 750 companies since 2012. It can be taught, practiced and learned, and it is how engineering- and science-led teams close seven-figure contracts.

Deeply technical

Researchers, engineers and domain experts with real differentiation in what they build.

Built for the enterprise

Your customers are businesses, and you win them with a great product and a proven method.

Sector agnostic

Our portfolio spans AI, deep tech, data and analytics, developer tools, IoT, health, sales and marketing, manufacturing, financial services and more.

“In today's venture world, it is incredibly important, maybe more important than ever, that the best founders have access to resources beyond capital that give them leverage to accelerate their success.”
Ian Bergman, CEO, Alchemist
What we look for

The facts.

Who we are for
Deeply technical researchers, engineers and domain experts building the next generation of enterprise infrastructure and technology.
Stage
Pre-seed and seed.
Sector
Sector agnostic.
Check size
$60,000 to $1 million.
Geography
Founders from 60+ countries in the portfolio.
A strong fit

Who we back best.

  • You are a builder. You know this technology deeply, and that expertise is how you win your market.
  • Your customers are businesses, and you know the sale is complex and needs a method behind it.
  • You are ready to commercialize, and to get in front of customers now.
  • You want support beyond the check: the skills, resources and capabilities that give you an unfair advantage.
Investment highlight

Deep tech, proven in the enterprise.

We backed Rigetti early, and it became one of the first publicly listed quantum computing companies. Today we back a meaningful share of the world's early-stage quantum startups, and quantum founders like BlueQubit's Hrant Gharibyan and Hayk Tepanyan now serve as Alchemist Partners.

15
Quantum computing
49
Energy
31
Robotics
27
Sensors and sensing
20
Drones
18
Biotech
16
Climate
13
Semiconductors
13
Aerospace
10
Defense

Portfolio companies by field. Some companies span more than one.

A few deep tech companies we back
A Rigetti quantum computer
Rigetti Computing
Quantum computing

Quantum computers and superconducting quantum processors, delivered through the cloud.

Public listing
A violet laser beam on black, from xLight
xLight
Semiconductor lithography

Free-electron lasers built to power the next generation of chipmaking.

$51M raised
A FarmWise robotic implement working rows of lettuce
Farmwise
Agricultural robotics

AI-driven robots that weed and tend crops at farm scale.

$82M raised
A 3D model of a formic acid molecule, from Dioxycle
Dioxycle
Carbon conversion

Electrolyzers that turn carbon emissions into everyday industrial chemicals.

$30M raised
Global reach

Extraordinary founders cross borders.

That's why we partner with investor communities around the world to find the best founders, wherever they are building. Today our portfolio spans 60+ countries.

A dotted world map showing where Alchemist portfolio companies are based, sized by number of companies per country
Portfolio companies by country, sized by count
Investment highlight

AI, applied to real enterprise problems.

Artificial intelligence is changing what startups can build, and it is our largest field. We actively seek out founders with differentiated, groundbreaking AI technology.

202
Alchemist companies building with AI and machine learning
A few AI companies we back
Halluminate
AI agents

Evaluation infrastructure for AI agents.

$34M raised
Siro.ai
Sales intelligence

Recording and intelligence for in-person sales conversations.

$22M raised
Text IQ
Enterprise data

AI that reads unstructured text to map who talks to whom, and about what.

Acquired
ClearMetal
Supply chain

Predictive supply chain visibility for some of the world's largest retailers.

Acquired

Source: Alchemist Vault, portfolio companies matching artificial intelligence.

Building something for the enterprise?

We back a select group of founders each year and would love to meet you.

Pitch us
Questions?