the inception fund
helping the bold start
First checks for technical founders since 2010.
What are you building?
Cybersecurity
AI Infra
Physical AI
Agents
Weird
Partners from Inception
Clay
GTM engineering
Backed since 2017
Generalist AI
General-purpose robotics
Backed since 2024
Protect AI
AI security → Palo Alto Networks
Backed since 2022
Keycard
Identity & access for AI agents
Backed since 2025
Tessl
AI-native development
Backed since 2024
Snyk
Developer-first security
Backed since 2015
A selection of inception investments.
More companies →
Team
Investors and operators for the zero-to-one.
Full team →
News & Ideas
Clay raises $115M at a $7.1B valuation, led by WellingtonThe New York TimesNews↗Spectro Cloud raises over $100M to expand production AI infrastructureSpectro CloudNews↗Congrats Generalist AI on $400M raise at $2B valuationBloombergNews↗GeneralistAI — When Robots Start to Improvise — Welcome to boldstartEllen ChisaIdeas→boldstart 2025 recapEd SimIdeas→Keycard: The Identity and Access Platform for AI Agents, Welcome to boldstart!Ed SimIdeas→
Latest coverage and perspectives.All news & ideas →