As the technologies that were once considered science fiction become the purview of discipline, the risk capital conglomerates that were once investing at the industry’s fringes are now finding themselves at the heart of the technology industry.
Investing in the commercialization of technologies like genetic engineering, quantum computing, digital avatars, augmented reality, new human-computer boundaries, machine learning, autonomous vehicles, robots, and space travel that were once considered “frontier” speculations are now front-and-center priorities for many venture capital houses and the limited spouses that back them.
Earlier this month, Lux Capital raised $1.1 billion across two monies that invest in only these kinds of companionships. “[ Limited collaborators] are now more interested in frontier tech than ever before ,” said Bilal Zuberi, a partner with the conglomerate.
He investigates a few parts spurring restraint marriages( potential investors who provide financing for venture capital funds) to invest in the firms that are financing business developing engineerings that were once considered outside of the mainstream.
Read more: techcrunch.com