Lux Capital Explained
Lux Capital is a venture capital firm based in New York City. It was founded in 2000, and focuses on investments in emerging technologies.[2] [3] [4] [5]
History
Lux Capital was founded in 2000 by Peter Hébert, Robert Paull and Josh Wolfe.[6] In April 2011, former McKinsey Senior Partner Richard N. Foster and former CIA Director James Woolsey joined the organization in senior management roles.[7] In August 2012, former Pfizer head Jeff Kindler joined the organization in similar capacities.[8]
The organization had raised approximately $1 billion in investment funds by August 2019. By June 2021, it had raised approximately $1.5 billion in investment funds.[9] [10]
In 2020, Lux Capital joined a group of technology companies investing in Anduril Industries, a defense technology company.[11] Anduril's product lineup includes unmanned aerial systems, robotic submarines, and counter-drone technologies, which have been deployed in military operations and border surveillance.[12]
Lux Research was founded by Lux Capital in 2004, with Lux Capital's co-founder Peter Hebert leading the spin-off, making Lux Research a portfolio company initially backed by the firm. Lux Research was later sold to Bregal Sagemount in 2017, creating a historical link rather than an active parent-child relationship.[13]
Portfolio companies
No longer operating:
See also
Notes and References
- Web site: Temkin. Marina. Lux Capital lands $1.5B for its largest fund ever. January 7, 2026. Tech Crunch.
- Fickenscher. Lisa. 2003. 2003 40 Under 40. dead. Crain's New York Business. Jan 27 - Feb 2, 2003. 15–31. 8756-789X. 11620213. https://web.archive.org/web/20100127033922/http://mycrains.crainsnewyork.com/40under40/profiles/2003/40. 2010-01-27.
- Eden . Scott . 2009 . Nano Wunderkinds . Dealmaker . December/January 2009 . 35–37 . 1937-304X . 132936538.
- Web site: Kosoff. Maya. 2 April 2015. Venture firm Lux just got $350 million more to invests in robots, the future, and science. 8 June 2015. Business Insider.
- Web site: de la Merced. Michael. 2 April 2015. Lux Capital Raises $350 Million Fund to Back Science Start-Ups. 8 June 2015. The New York Times.
- Web site: Lux Capital Overview . 14 October 2023.
- Web site: James Woolsey and Richard Foster Join Lux Capital as Venture Partners . Business Wire . 26 April 2011.
- Web site: Kindler, Former Pfizer Chief, Joins Lux Capital . Dealbook . 8 August 2012.
- Web site: Marinova. Polina. August 1, 2019. Exclusive: Lux Capital Raises More Than $1 Billion Across Two New Funds to Invest in Companies Building a Sci-Fi Future. www.fortune.com.
- Web site: Lux Capital raises $800 million for its first opportunity fund. 3 June 2021 .
- Web site: Shen . Lucinda . Controversial surveillance startup Anduril gets a $1.9 billion valuation . https://web.archive.org/web/20201020191730/https://fortune.com/2020/07/02/controversial-surveillance-startup-anduril-gets-a-1-9-billion-valuation/ . 2020-10-20 . 2025-06-06 . Fortune . en.
- Web site: MacColl . Margaux . 2023-01-06 . Josh Wolfe's War: The Lux Capital Founder Blazes a Controversial Path in Defense Tech . subscription . https://web.archive.org/web/20230106231456/https://www.theinformation.com/articles/josh-wolfes-war-the-lux-capital-founder-blazes-a-controversial-path-in-defense-tech . 2023-01-06 . 2025-06-06 . The Information . en.
- Web site: Lux Capital . 2025-12-07 . www.luxcapital.com.
- Web site: 3Scan Raises $6.67 Million from Lux Capital, Dolby Ventures for New Technologies to Transform Pathology FierceBiotech. www.fiercebiotech.com. en. 2018-04-10.
- Web site: VR Chat Room AltspaceVR Raises $10.3M To Sell Virtual Events – TechCrunch. techcrunch.com. 29 July 2015 . en-US. 2018-04-10.
- News: Bogaisky. Jeremy. July 1, 2020. Anduril Raises $200 Million To Fund Ambitious Plans To Build A Defense Tech Giant. Forbes. July 20, 2020.
- News: Konrad . Alex . Applied Intuition Reaches $1.25 Billion Valuation In New Funding For Its Autonomous Vehicle Testing Software . Forbes . 22 October 2020.
- Web site: Lux Capital . 2024-01-30 . www.luxcapital.com.
- Web site: Konrad . Alex . Startup Armada Is Bringing AI To Remote Places, Using SpaceX Starlink Satellites . 2024-01-30 . Forbes . en.
- News: Gormley . Brian . Chernova . Yuliya . Venture Investors to Score Giant Win From $3.4 Billion Sale of Auris Health . The Wall Street Journal.
- Web site: Venture Monitor 4Q 2018. Silicon Valley Bank. 2019-04-16.
- Web site: Clarifai Lands $30M Series B Round . 2023-10-14 . vcnewsdaily.com.
- Clarifai . Clarifai Raises $60M in Series C Funding to Bring AI to Developers Everywhere . 2023-10-14 . www.prnewswire.com . en.
- Web site: Ford, Future Fund invest $65 million in Desktop Metal 3-D printers. Kolodny. Lora. 2018-03-19. www.cnbc.com. 2019-04-16.
- Web site: 2013-08-12 . Everspin Raises $15M Growth Financing . 2023-10-14 . www.businesswire.com . en.
- Web site: 2013-08-12 . Everspin Technologies Raises $15M in Series B Financing . 2023-10-14 . FinSMEs . en-US.
- Web site: Sheetz . Michael . 2020-08-25 . Bill Gates leads $85 million fundraising for satellite antenna specialist Kymeta to scale production . 2023-10-18 . CNBC . en.
- News: de la Merced . Michael J. . 2015-04-02 . Lux Capital Raises $350 Million Fund to Back Science Start-Ups . en-US . The New York Times . 2023-10-18 . 0362-4331.
- Web site: Bill Gates and other investors give $62M boost to Kymeta satellite antenna venture . 11 January 2016 . 18 October 2023.
- Web site: 2012-02-27 . Luxtera Completes $21.7M . 2023-10-18 . FinSMEs . en-US.
- Web site: 2012-02-28 . Luxtera gets $21 million in funding . 2023-10-18 . Chicago Tribune.
- Web site: MacColl . Margaux . 2024-08-22 . Lux Capital made its first investment in Brazil, a $4M seed for AI fintech Magie . 2025-01-05 . TechCrunch . en-US.
- News: 2003-04-24 . Nanosys Raises $30 Million . en-US . The Wall Street Journal . 2023-10-18 . 0099-9660.
- News: Feder . Barnaby J. . 2004-05-24 . TECHNOLOGY; Going Public Without Profits Or a Product? Yes, in 2004 . en-US . The New York Times . 2023-10-18 . 0362-4331.
- News: 2016-08-09 . Intel to buy artificial intelligence firm Nervana Systems . en . Reuters . 2023-10-18.
- Web site: Levy . Ari . 2017-09-19 . Chip start-ups were 'almost toxic' before the A.I. boom — now investors are plowing money into them . 2023-10-18 . CNBC . en.
- Insight . Orbital . 2019-11-12 . Orbital Insight Announces $50 Million in Funding to Secure Global 2000 Market Leadership . 2023-10-20 . GlobeNewswire News Room . en.
- Web site: Lawler . Ryan . 2013-12-18 . Planet Labs Raises $52 Million From Yuri Milner To Build The Biggest (Little) Flock Of Satellites . 2023-10-20 . TechCrunch . en-US.
- Web site: Azevedo . Mary Ann . 2021-08-24 . Ramp raises $300M at a $3.9B valuation, makes its first acquisition . 2023-10-20 . TechCrunch . en-US.
- Web site: Lux Capital . www.luxcapital.com . 10 February 2026.
- Web site: 2011-09-27 . Siluria Technologies Attracts $20 Million for Technology Platform That Puts Methane to Use in Production of Fuels and Chemicals, Providing an Abundant, Sustainable Alternative to Oil . 2023-10-20 . www.businesswire.com . en.
- Web site: Lunden . Ingrid . 2012-10-01 . Transphorm, An Energy Groundbreaker Backed By Google Ventures, Gets $35M From Japan Powerhouses . 2023-10-20 . TechCrunch . en-US.
- Web site: 2025-09-29 . Modal Labs raises $80M to simplify cloud AI infrastructure with programmable building blocks . 2026-01-08 . silicon angle. en-US.
- Web site: Loizos . Connie . 2018-08-28 . New Knowledge just raised $11 million more to flag and fight social media disinformation meant to bring down companies . 2025-12-04 . TechCrunch . en-US.
- Web site: Heater . Brian . 2016-06-29 . Prototype manufacturer Tempo Automation gets $8M Series A to upgrade factory . 2025-02-22 . TechCrunch . en-US.