Overview
Lux Capital is a venture capital firm based in New York City and Silicon Valley, founded in 2000[9]. The firm invests in emerging science and technology companies[7], focusing on counter-conventional, seed and early stage ventures[2]. Its investment areas include aerospace, biotech, defense, industrials and transportation, with particular emphasis on artificial intelligence and machine learning, biotechnology, robotics and space[14]. Lux Capital led Anthropic's Series C funding round at $580 million and participated in a New York funding round for SONATA in July 2026[1]. The firm lists artificial intelligence as a focus area, with portfolio companies including Cognition and Physical Intelligence[3]. As of January 2026, Lux Capital announced Lux Ventures IX with $1.5 billion in commitments, bringing total assets under management to $7 billion[10]. The firm is led by partners and co-founders Peter Hebert and Josh Wolfe[12].
Listed as a New York and Silicon Valley firm investing in counter-conventional, seed and early stage science and technology ventures [2] (Jan 20, 2020)
The company's own site places it in New York: Text explicitly states 'Lux Capital is a venture capital firm based in New York City and Silicon Valley'. [6]
Lux Capital was founded in 2000. [9]
Lux Capital states it is "a venture capital firm based in New York City and Silicon Valley". [13]
Lux Capital runs Riskgaming, an initiative built around immersive scenario exercises, alongside its investing activity. [15]
Business address: 920 Broadway, New York, New York, 10010. [16]
Funding history
On January 7, 2026, Lux Capital announced Lux Ventures IX, a $1.5B commitment, bringing the firm's assets under management to $7B. [10]
Customers
Lux Capital's homepage features portfolio companies Anduril, Applied Intuition, Databricks, Cognition, Physical Intelligence and Ramp. [11]
Growth & traction
Lux Capital's people page lists 40 team members plus 9 advisors, led by partners and co-founders Peter Hebert and Josh Wolfe. [12]
Org chart
1 alumniInvestments
Ramp
Corporate card and spend-management platform that uses AI agents to automate expense reporting, bill pay, procurement and accounting close.
Modal
New York company providing serverless GPU compute for AI and data workloads.
NYC company founded in 2021 by Erik Bernhardsson and Akshat Bubna, providing serverless infrastructure that runs machine learning and AI code in the cloud.
Genius AI
A technology platform that helps in-person service businesses automate scheduling, payments, marketing, and client management workflows
Crosby
An AI-native law firm that pairs licensed attorneys with proprietary AI software to review commercial contracts at fixed per-document pricing
Paradigm
NYC company founded in 2022 by Jonathan Hirsch and Kent Thoelke, running a technology platform that expands patient participation in clinical trials and improves trial efficiency.
SONATA
A preventive healthcare membership that combines deep biological testing and clinical AI with ongoing physician-led care
Flourish
An AI company that develops energy-efficient artificial intelligence systems using neuroscience and connectomics research
Valthos
NYC company founded in 2024 by Kathleen McMahon and Tess van Stekelenburg, developing next-generation biodefense technology.
In the news
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AlleyWatch · Sep 21, 2026
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- NVIDIA to Acquire Hugging Face in $12.93B Deal to Cement Open AI Infrastructure LeadershipAt $12.93 billion, NVIDIA's acquisition of Hugging Face is the largest VC-backed tech acquisition in New York City history - more than tripling the previous record. The deal hands NVIDIA control of the open-source model hub at the center of the AI economy, used by 18 million developers and over 200,000 companies worldwide.
- The August 2026 New York Venture Capital Funding ReportNYC's summer slowdown arrived on schedule in August — 34 rounds, $837.9M, the lightest deal month of 2026. But the bigger number is $19.09B: what NYC startups have raised through the first eight months of the year, already past the full-year 2025 total of $19.01B with four months still to go. Average deal size climbed 26% year over year to $24.6M. The calendar compressed. The city did not.
- The Weekly Notable Startup Funding Report: 8/31/26The notable startup funding rounds for the week ending 8/29/26 featuring funding details for Liner, CivilGrid, Transfyr, and thirty-two other deals representing $2.0B in new funding that you need to know about.
AI investing
- Lists Artificial Intelligence as a focus area, with AI companies including Cognition and Physical Intelligence[4]
Focus
- Lux Capital invests across aerospace, biotech, defense, industrials and transportation, and tags its work with AI & machine learning, biotechnology, robotics and space.[14]
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