A private investment firm concentrated in artificial intelligence — from ocean-wave-powered AI data centers to compute in orbit, and its frontier across energy, defense, healthcare, and space.
A snapshot of the portfolio
We invest at the frontier — artificial intelligence first, alongside the energy, space, and infrastructure built to run it.
The real constraint on AI is compute — and the power behind it. We're positioned on both frontiers: through Panthalassa, ocean-wave-powered AI data centers on Earth; through SpaceX, the backbone for putting that compute into orbit. Wherever the world's AI capacity gets built — at sea or in space — we intend to hold a stake.
The rest of our direct book runs through applied AI in healthcare and defense, autonomous systems, and sports media via Betr. Beyond it, we hold a broad early-stage portfolio spanning dozens of companies — backing founders early, holding through the build. The standouts are below.
Concentrated in artificial intelligence, energy, space, and infrastructure — our largest and longest-held positions.
Ocean-powered energy and AI data centers — compute run on wave energy.
Design, manufacture, and launch of advanced rockets and spacecraft.
AI-driven autonomous systems and defense technology for the US and allies.
AI transforming brain-cancer diagnostics and care.
AI technology for DM management and content creators.
Direct-to-consumer sports gaming and media.
A selection of standouts from across the portfolio:
Fantasy sports and prediction markets, valued at $1.23B.
The finance super-app for construction and small business.
Micro-betting technology. Acquired by DraftKings.
Instant, earned-wage access for the global workforce.
Merchant connectivity and card-on-file switching — "Plaid for merchants."
One of the most-downloaded consumer AI content-generation apps.
Ketone-based energy and performance supplements (HVMN).
Fine wine and whiskey as an investable asset class.
Digital mortgages for global and crypto-wealthy borrowers.
Acquires and scales top Roblox titles.
Peer-to-peer real-money competition and fantasy.
Banking and financial services built for people 62 and older.
A men's personal-care brand taking on the legacy players.
Autonomous underground delivery — a TIME Best Invention.
More of the companies we've backed:
Bring us a deal.
Building something in our wheelhouse, or raising a round? Send it over — we read everything.
✉ invest@karmiinvestmentpartners.us