Journal

Notes from the frontier

Thinking on deeptech investing, building AI products, and the ideas that shape what we do at Nexum.

Investment

Why Deeptech Needs Patient Capital

14 March 2025

The best deeptech companies take longer to build than software plays. That is a feature, not a bug — but it demands a different kind of investor.

Building

The Case for Building, Not Just Betting

28 February 2025

Most VC firms place bets. We believe the best investors in deeptech are also builders — and that the distinction matters enormously.

Investment

Bonds Over Bets: Our Investment Philosophy

10 February 2025

We don't think about investments as bets. We think about them as bonds — long-term relationships with aligned stakes and shared accountability.

Notes

What We Look for in a Founding Team

22 January 2025

After evaluating hundreds of early-stage deeptech companies, we have developed a clear picture of the characteristics that predict durable success.

AI Agents and the Next Infrastructure Layer

8 January 2025

Agentic AI systems are not just a new product category — they require an entirely new infrastructure stack. The companies building that stack are the ones we are watching most closely.

Notes

Notes on Starting Nexum

15 December 2024

A few honest reflections on why we started Nexum Capital, what we got wrong early on, and what the firm looks like now.