News

Investments

Why We Backed Asymptote Labs

Asymptote is building the AI runtime infrastructure layer for a world of infinite agents

We're heading toward a world where every enterprise has millions of AI agents working across its business, but little infrastructure to understand or control what they're doing.

Investments

What We Saw in Profound

Where marketing happens in the age of AI

People ask what we saw in Profound before Profound existed. It is a fair question. The company is now worth a billion dollars, one third of the Fortune 100 runs on it, and every fund in the valley has a story about why they were early. Ours is different in one specific way: we did not find the company. We watched it form.

Investments

Crossing the Uncanny Valley with Nuance Labs

Shaping AI to humans, not the other way around

Over 50 years ago, a Japanese roboticist named Masahiro Mori drew a simple graph. The x-axis represented how realistic a human likeness was, while the y-axis represented how positively people reacted. We tend to like things more and more as realism increases. But just before you reach full human likeness, the line plummets—into the uncanny valley.

Investments

Investing in TenX Semi

Superhuman chip design

The entire modern economy runs on semiconductors, whose designs are one of the great marvels of engineering and FUs to entropy in human history.

Investments

Why We Backed Deep Cogito

The future of post-training

Everyone agreed you needed ten billion dollars to build a frontier model. Drishan Arora spent less than three and a half million.

SPC Team Updates

Announcing SPC's $575M Fund IV

$575M to help founders find their life's work.

SPC exists to help the world's most talented technologists discover and build their life's work.

Investments

Why We Backed Rivo

Self-driving finance

There are more than five trillion dollars sitting in American checking accounts earning nothing. The banks holding it earn plenty, and the gap between those two numbers is one of the largest wealth transfers in the economy.

Investments

Why We Backed Lambda Surgical

Physical intelligence for surgery

The operating room is one of the most technically advanced environments in medicine and, paradoxically, one where surgeons still navigate complex three-dimensional anatomy through a two-dimensional video feed. The majority of surgeries every year happen under those conditions. Anatomy beneath the surface remains invisible. The surgeon's hands and judgment carry everything.

Investments

Better Forecasts, Better Decisions

Leading Preseen's seed round

Every large institution in the world runs on forecasts. Almost none of them keep score.

Investments

Ambient AI, Done Right

Why we invested in Nirva

Nirva's necklace Ambient AI is here. Done wrong, it clutters your life and thoughts with unfiltered slop. Done right, it brings clarity and insight. That’s the vision of Nirva.

Programming

SPC Founder Fellowship Fall 2026

$1M and deep support to build what only you can.

You've never been able to build this fast. Prototypes in a weekend. Traction in a month. Models leapfrog each other mid-project and everyone you know is shipping.

Investments

Investing in a Longshot

The sky is not the limit.

Somewhere in a remote part of the world in the not-too-distant future, there is a big red button. When you press this button, discs of compressed air explode in rapid sequence down the length of a 3m wide, 15km long barrel, accelerating a purpose-made vehicle to 8.5 km/sec. This projectile exits the barrel at hypersonic speed, careens upward due to the laws of physics, and punches its way through the atmosphere into orbital space.

Investments

Why SPC Backed Baseten

Powering a multi-model future

When Tuhin and Phil first walked into SPC in early 2019, the AI revolution was still in its infancy. A few dozen founders and researchers at SPC were reading linear algebra textbooks, discussing the scalability of transformer-based approaches, and exploring the potential of machine learning (as it was called at the time). But the new models at the time, BERT and GPT-2, still felt more like toy demos than something that a real business would use.

Investments

Open Source Investing: Why SPC Backed Replit

Vision, leadership, and differentiation leave Replit well-positioned to onboard the next billion software developers.

Now that the SPC Fund has branched out into later-stage investing along with our regular early-stage motion, we want to open-source more of our investment thinking. We're excited to share this memo from fund Chief of Staff Bala Chandrasekaran on one of our recent later-stage investments, Replit.

Investments

Why SPC Invested in MoneyView

MoneyView is building a digital-first financial services platform for India's middle class. Here's why SPC invested.

Now that the SPC Fund has branched out into later-stage investing along with our regular early-stage motion, we want to open-source more of our investment thinking. We're excited to share this memo from fund Chief of Staff Bala Chandrasekaran on one of our later-stage investments, MoneyView.

Investments

Why SPC Invested in Meesho

How a logistics moat and an exclusive supplier network position Meesho to win unorganized retail across India's tier-3 and tier-4 cities.

Now that the SPC Fund has branched out into later-stage investing along with our regular early-stage motion, we thought it would be fun to publish some of our thinking on those investments. We're excited to share this memo from fund Chief of Staff Bala Chandrasekaran on one of our first later-stage investments, Meesho.

Company News

Building the AI Platform for Marketing: Profound's $180M Series D

Profound

Company News

Do it all with Devin: Announcing our Series E

Cognition

Company News

Muon Space Closes $250 Million Series C

Muon Space

Company News

Crossing the Uncanny Valley: Nuance Labs Series A

Nuance Labs