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Deep dive

New Frontiers

New Frontiers.

Humanity’s progress depends on inventions that almost everyone initially thinks are improbable. Today, we see them emerging across four frontiers that are becoming deeply connected: Frontier AI, Energy, TechBio, and Physical AI.


Frontier AI is about pushing the boundaries of AI itself: new model architectures, new approaches to reasoning, learning and memory, and purpose-built chips that deliver more intelligence with less compute and energy.

Scaling that intelligence requires a parallel transformation in Energy. Meeting AI demand will take new firm power, from nuclear and geothermal to fusion fuel, and flexible storage and software that make every megawatt count. Data centres are being redesigned around power too, from new power electronics and cooling to sites that generate their own energy and work with the grid rather than waiting for it.

As intelligence becomes more powerful and abundant, it is also transforming what we can do in TechBio. AI is making biology increasingly programmable, turning drug discovery and experimentation into problems we can design, simulate, and automate, and dramatically expanding the search space we can explore.

And as AI learns to understand not just language and biology but the physical world, Physical AI becomes the next frontier. Advances in robotics and world models are bringing intelligence into machines that can perceive, reason and act in the real world.

New Frontiers backs the founders building across these frontiers, and increasingly where they meet. We also keep watching the frontiers that come next, from quantum computing, space to technologies that don’t have a name yet

Defence Technologies

Explore Defence Technologies.

Industrial Autonomy

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Regulated Industries

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Portfolio newsFebruary 11, 2026
Portfolio newsJune 12, 2024
InsightsAugust 20, 2025

Where founders find their first believers

Quantum Systems

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Establishing a global category leader

Project A were unique in recognising the potential of our dual-use technology at early stage.

Florian Seibel · Co-Founder & CEO

Black Semiconductor

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Rebuilding Europe’s chip infrastructure

ARX Robotics

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Pioneering autonomous modular robotics

Project A backed us when all we had was a bold idea and a lab bench. They didn’t just write a check; they stood by us through the hard R&D phase and helped us turn vision into reality.

Daniel Schall· Co-Founder & CEO

Thanks to the guidance of Project A, ARX is now ideally positioned to highlight the importance of its mission: to become a European champion in defence tech and redefine the future of our industry.

Marc Wietfeld · Co-Founder & CEO

Black Semiconductor

Inspiring the world to rethink computing

Hades

Sovereignty begins subsurface

Vaeridion

A 100% electric aircraft for short-haul mobility

Enapi

Transaction broker for the EV industry

Kyrall

AI-powered 3D modelling.

Mining startup Hades raises €15m as demand for critical minerals heats up: ‘Europe is incredibly vulnerable’

Black Semiconductor secures €254.4 million in funding to launch new semiconductor technology in Europe

Energy and Critical Minerals Made in Europe: Why we invested in Hades

Daria Gneusheva

Investment Manager

Omar Hedeya

Investment Manager

Anton Waitz