Lux Capital

Tracked participation in 16 Atlas companies, with 13 explicitly attributed leads.

Firm website ↗

16portfolio companies

42round participations

13lead positions

$2.9Bled round total

Conviction

Most recent leads

The latest rounds this investor is sourced as leading, newest first.

May 2026CognitionSeries D$1Bat $26B valuation May 2026CognitionFunding round (reported as ~$1B)$1Bat $26B valuation Sep 2025ModalSeries B$87Mat $1.1B valuation Sep 2024Sakana AISeries A$200M Jun 2024EvolutionaryScaleSeed$142M Mar 2024Applied IntuitionSeries E$250Mat $6B valuation

Capital activity

Portfolio

CompanyLatest valuationFirst → latestRoundsRoleAttributed partner

TATogether AI$8.3BMay 2023 → Jul 20265 rounds1 led—

CCognition$26BSep 2025 → May 20263 rounds2 led—

PIPhysical Intelligence$5.6BNov 2024 → Nov 20252 roundsParticipant—

SASakana AIFrontierSakana AI is a Tokyo-based Frontier AI R&D company founded in 2023 that focuses on “nature-inspired” approaches to…$2.7Bvaluation$430MraisedRecent roundsCorporate Minority - II (strategic investment; amount not disclosed) · Mar 2026Mitsubishi Electric CorporationSeries B · Nov 2025$200M · CCI Group, Citi +19Series A · Sep 2024$200M · led by Khosla Ventures, Lux Capital +1Sakana AI$2.7BJan 2024 → Nov 20253 rounds2 led—

MModal$1.1BOct 2023 → Sep 20252 rounds1 led—

111x$350MSep 2024 → Nov 20242 roundsParticipant—

EEvolutionaryScale$200MAug 2023 → Jun 20242 rounds2 led—

FFactory$120MNov 2023 → Jun 20242 rounds1 led—

XTXaira Therapeutics—Apr 2024 → Apr 20241 roundParticipant—

AIApplied IntuitionPhysical AIApplied Intuition is a privately held physical AI company focused on simulation, autonomy software, and “digital…$15Bvaluation$1.5BraisedRecent roundsSeries F (fundraise and tender offer) · Jun 2025$600M · led by BlackRock-managed funds and accounts, Kleiner PerkinsSecondary / Tender offer (secondary round) · Jul 2024$300M · BOND, Elad Gil +3Series E · Mar 2024$250M · led by Bilal Zuberi (Lux Capital), Elad Gil +2Applied Intuition$6BSep 2019 → Mar 20244 rounds1 ledBilal Zuberi

MMythic—Mar 2017 → Mar 20234 roundsParticipant—

RRunway$500MDec 2020 → Dec 20222 roundsParticipantZavain Dar

AAnduril$8.5BJun 2021 → Dec 20222 roundsParticipant—

HFHugging Face$2BDec 2019 → May 20223 rounds2 led—

CClarifaiInferenceClarifai is an enterprise AI infrastructure platform focused on deploying and running foundation models and custom…$101.3MraisedRecent roundsReverse acqui-hire / IP licensing integration (reported in investor materials; not presented as a disclosed cash valuation round by Clarifai) · May 2026Nebius (integration/licensing counterparty)Series C · Oct 2021$60M · led by NEASeries B · Oct 2016$30M · led by Menlo VenturesClarifai—Apr 2015 → Oct 20213 roundsParticipant—

RRecursionScienceRecursion is a clinical-stage TechBio company building an industrialized, AI-native drug discovery and development…$938.3MraisedRecent roundsPublic offering (underwritten) · Jun 2024$200M · Public shareholders (offering investors)Strategic investment (private investment in public equity / PIPE) · Jul 2023$50M · led by NVIDIAInitial Public Offering (IPO) / Public offering (pricing) · Apr 2021$436.4M · Baillie Gifford & Co. (clients incl. Scottish Mortgage Investment Trust plc), Mubadala Investment Company (entities affiliated) +1Recursion—Oct 2016 → Sep 20202 rounds1 led—

DateCompanyRoundRaisedValuationRoleEvidence

Jul 01, 2026TATogether AISeries C$800M$8.3BParticipant