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Deep tech is rapidly transforming venture capital landscape, growing from a niche category into one of the dominant forces shaping global investment. Fueled by breakthroughs in AI, robotics, defense, energy, semiconductors, and advanced manufacturing, investors are increasingly backing companies solving large-scale real-world problems with science and engineering at their core. This report explores the data behind deep tech’s accelerating rise, the market forces driving demand, and why many believe the next decade of venture capital will be defined by deep technology.

Alumni Ventures (AV) has democratized access to professional-grade venture capital, a key asset class missing from the portfolios of many individual accredited investors. AV has received several awards from national outlets and organizations, recognizing our distinct model and the quality and breadth of our investment activity. See below to learn about some of our firm’s notable awards.

If you built your portfolio around public stocks, you’re not doing anything wrong. Public markets are still essential. But there’s a good chance you’re missing a significant portion of where wealth is being created today. That’s not a pitch. It’s a structural change that’s been unfolding for 25 years — and the SpaceX IPO is the most recent, high-profile reminder of how far along it already is.

Most investors focus on public markets, but today’s biggest companies are staying private longer than ever before. Using the anticipated SpaceX IPO as a case study, this article explores how wealth creation has shifted across public equities, late-stage private companies, and venture capital — and why understanding all three markets may be essential for long-term investors.

The enterprise software industry is entering a major transition as AI reshapes how businesses buy, use, and value software. Traditional seat-based SaaS models are increasingly giving way to AI-native platforms that automate workflows, deliver measurable outcomes, and fundamentally change the economics of enterprise technology. This analysis explores what parts of SaaS are being disrupted, what remains durable, and where the next generation of software value creation is likely to emerge.

You asked for it. This is my venture reading list — the books, essays, letters, memos, and company stories I keep returning to, organized as a practical learning path rather than a “best-of” pile.

OpenClaw is a fast-growing, open-source autonomous AI agent that runs locally on your computer and can independently perform tasks — like managing emails, browsing the web, or executing workflows — without constant user prompting, marking a shift from reactive chatbots to proactive “digital coworkers.” Its rapid adoption, industry backing, and real-world use cases signal a broader transition in AI toward agent-based systems that act on users’ behalf, potentially reshaping how both individuals and businesses use artificial intelligence.

AI agents can think, but they rely on tools to act. These tools are evolving across three layers. Static tools retrieve information. Dynamic tools execute actions like coding or system integration. Emerging tools enable multimodal input, agent collaboration, and real-world interaction. While static and some dynamic capabilities may become commoditized or absorbed by large platforms, the most promising opportunities lie in secure, trusted infrastructure and cross-agent communication systems. These can scale with increasingly complex, real-world agent workflows.

Alumni Ventures, one of TIME Magazine’s Top 20 VC Firms in America, today announced the formation of strategic partnerships in Japan with KDDI, one of Japan’s leading telecommunications companies, and UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), a subsidiary of the University of Tokyo, Japan’s premier public university focused on driving innovation, to accelerate cross-border growth of startups in Japan and the United States. The launch of these relationships represents a cutting-edge strategy designed to provide a bridge between the two venture capital ecosystems, invigorating startups to collaborate on a global scale with innovative technologies and services.

Blockchain, digital assets, and marketplaces are converging to create a new financial infrastructure where value can be securely transferred, programmed, and traded at scale, enabling real-world applications beyond speculation. With regulatory clarity, institutional participation, and robust enterprise tools, this ecosystem is maturing, offering opportunities for scalable, utility-driven investment while still carrying substantial risk.

If you’re raising capital as a preclinical biotech company today, the market is sending a clear signal: come back when you have more data. But that signal may be creating one of the more interesting investment opportunities in the sector right now.

University of California, Berkeley has quietly become the most prolific public university in the world for venture-backed founders, pairing elite engineering depth with a research-to-market pipeline that consistently produces breakout companies. From powering global leaders like Apple, Tesla, DoorDash, Databricks, and OpenAI to shaping the next generation of AI and deep tech startups, Berkeley’s founder ecosystem offers investors rare access to a compounding engine of innovation.