Overview
Lux Capital is a venture capital firm based in New York City and Silicon Valley, founded in 2000[9]. The firm invests in counter-conventional science and technology companies at the seed and early stage[2], with a stated approach of turning "sci-fi into sci-fact"[8]. Its focus areas include aerospace, biotech, defense, industrials and transportation, with particular emphasis on artificial intelligence and machine learning, biotechnology, robotics and space[14]. Lux Capital's notable artificial intelligence investments include leading Anthropic's Series C at $580 million and participating in a New York City round for SONATA in July 2026[1], alongside portfolio companies Cognition and Physical Intelligence[3]. As of January 2026, the firm manages $7 billion in assets under management following the announcement of Lux Ventures IX, a $1.5 billion commitment[10]. The firm is led by partners and co-founders Peter Hebert and Josh Wolfe[12] and operates Riskgaming, an initiative centered on immersive scenario exercises[15].
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.
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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]
Product
- Lux Capital runs Riskgaming, an initiative built around immersive scenario exercises, alongside its investing activity.[15]
Customers
- Lux Capital's homepage features portfolio companies Anduril, Applied Intuition, Databricks, Cognition, Physical Intelligence and Ramp.[11]
NYC headquarters
- 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]
NYC presence
- 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
AI investing
- Lists Artificial Intelligence as a focus area, with AI companies including Cognition and Physical Intelligence[4]
Team size
- Lux Capital's people page lists 40 team members plus 9 advisors, led by partners and co-founders Peter Hebert and Josh Wolfe.[12]
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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