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Lux Capital

International · active in Europe Seed Series-A
Latest fund: $1.5B · announced Jan 2026✓ Community-verified
Cheque range
£1M – £20M
Stages
Seed, Series A
Avg deals / year
38.0
Leads rounds
Yes
HQ
New York, US
Fund type
Venture fund
Last fund raised
2026-01 · $1.5B

01 · Thesis & focus

New York-based deep-tech VC investing from seed to growth at the intersection of science, technology and national security: AI, advanced manufacturing, energy, biotech and defence. Its largest fund so far, Lux Ventures IX ($1.5B), closed in January 2026. It has recently backed European companies such as CuspAI and Agon.

Sectors (6)

02 · Recent publicly announced deals

Coherence Neuro Series A · Oct 2026 First-cheque stage site ↗

Coherence develops a therapeutic neurotechnology platform that utilizes a brain-computer interface to continuously monitor and deliver targeted bioelectronic stimulation for cancer management. This system integrates advanced neurobiology, machine learning, and patented digital neural interfaces to adapt treatment in real time, aiming to modulate biological activity and improve patient quality of life.

Modal 🇺🇸 Series D · Oct 2026 · $750M announcement ↗ site ↗

New York-based AI cloud infrastructure company (CEO Erik Bernhardsson). Raised at a $15.75B post-money valuation after passing $1B annualized run rate. All existing investors, including Redpoint, took

Founders: Akshat B.
EnduroSat Venture round · Sep 2026 site ↗

Designs, builds and operates serially produced satellites from CubeSats to larger platforms. Sofia, Bulgaria.

Founders: Raycho R.
Cambridge Aerospace 🇬🇧 Series C · Aug 2026 site ↗

European defence company building low-cost air-defence interceptors to counter drone and missile threats. London.

Founders: Junaid H., Rt S., Steven B.
Agon 🇬🇧 Pre-seed + Seed · Jul 2026 · $30M announcement ↗

London defence tech startup building AI training data infrastructure for European defence systems; founded by ex-Anduril and Applied Intuition leads.

Founders: Junaid H., Tristam C.
CuspAI 🇬🇧 Series B · Jul 2026 · $450M announcement ↗ site ↗

Cambridge, UK AI materials discovery platform; raised at a $2.6B valuation and launched the AI Materials Foundry. Lux joined as a new investor.

Founders: Chad E., Max W.
Monogram 🇺🇸 Seed · Jul 2026 · $40M First-cheque stage announcement ↗

AI app generating interactive visual interfaces for answers, founded by Udemy co-founder Eren Bali

Founders: Murat A., Eren B., Edouard T.
Modal 🇺🇸 Series C · May 2026 · $355M site ↗
Founders: Akshat B.
Portfolio · 4 companies as listed on their site ↗
AndurilApplied IntuitionHadrianImpulse Space

03 · Similar firms

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