Initialized Capital

We set the standard in seed.
Early investors in @Coinbase, @Instacart, @Rippling, @Flexport, @Flock_Safety + more — $3B+ AUM, $200B+ in company valuations.

[Initialized Capital @Initialized]

.@EliSchleifer saw two very different versions of engineering at scale. At Google, internal tooling helped teams land code quickly. At Uber ATG, 700 engineers could spend days just getting a pull request merged.

That gap helped lead him to start @trunkio.

More on CI, merge queues + flaky tests in the full High Bit episode with @brettdg: https://t.co/kLAqxwDsMA

[Initialized Capital @Initialized]

Congrats to @medivis_ai on being named to @FastCompany’s Innovation by Design Awards!

Medivis was recognized in the Small and Mighty category for Cranial Navigation, its AR platform for 3D visualization during cranial procedures.

More about Medivis: https://t.co/MSwGtD7coZ
Meet all of the award honorees: https://t.co/K382VY8bbg

[Greptile @greptile]

Introducing the Knowledge Base MCP.

Greptile maintains a detailed knowledge base of how every part of your codebase works, as well as a history of past incidents.

Starting today coding agents like Codex, Claude can access the Knowledge Base via Greptile's MCP, so they can use Greptile's learnings to write better code.

[Ivan Lee @ivanatdatasaur]

Every correction your SMEs make to a model's output is institutional judgment, written down. Rent the model and that judgment goes into the vendor's product, which they can sell to your competitor. Own it and it compounds. Day 100 beats day 1.

[Orbital Operations @OrbitalOps_]

The U.S. openly discussing on orbit space control capabilities reflects a larger shift in how we think about space. Satellites can no longer be designed around the assumption that they will operate in a predictable environment for their entire mission. Resilience increasingly means mobility.

That’s the problem we’re working on at Orbital Operations.Astraeus is being developed for high mobility, persistent operations and rapid response in orbit, enabled by high thrust cryogenic propulsion and long duration propellant storage.

The future of space defense won’t just depend on what we put in orbit. It will depend on how freely we can maneuver once we’re there.
https://t.co/aLRzAiGibq

[Initialized Capital @Initialized]

Set up a tripod with a camera and run away. It finds the sun and calibrates itself.

On High Bit, @Picogrid's @zanemountcastle explains how the team is building systems that can calibrate and connect quickly in GPS-denied environments.

Full episode with @brettdg : https://t.co/aBJXRqep5B

[Initialized Capital @Initialized]

And they're hiring! https://t.co/7lDBF9WwuK

[Initialized Capital @Initialized]

We're thrilled to lead the $10M seed round for @robocurve, a Public Benefit Corporation independently evaluating and benchmarking how frontier AI models perform in the physical world. Frontier models are becoming increasingly capable of controlling robots, and understanding what these systems can actually do is becoming more important.

Founder and CEO @chooi_jeq is not new to this. He was previously a Research Fellow at MATS, a researcher at the UK AI Security Institute, and a top contributor to Inspect Evals, the UK government's AI eval framework.

Robocurve provides independent evidence of robotic capabilities and how quickly those capabilities are changing, helping the public understand the pace of AI progress in the physical world.

In just three months, Robocurve's research has been viewed 6M+ times, its open-source evaluation harness has been downloaded 97k+ times, and researchers from 200+ institutions have signed up to build robotics benchmarks with the team.

[Initialized Capital @Initialized]

Academics can also apply for funding and free robot arms to help build open benchmarks: https://t.co/SB786zEUEf

[Jay Chooi @chooi_jeq]

We raised a $10M seed for @Robocurve, an independent Public Benefit Corporation, to evaluate frontier AI in the physical world.

In less than 3 months, our research has been viewed 6M+ times and our evaluation harness downloaded 97k+ times. Researchers from 200+ institutions, including 19 of the world’s top 20 universities, have signed up to build benchmarks with us.

We welcome more independent evaluators. The more third-party evaluators, the better society can understand how fast robotics AI is progressing. Our evaluation harness is fully open-source, and we publish benchmarks anyone can run and verify.

Our round is led by @Initialized, with participation from @notablecap, @decasonic, @ycombinator, @HalcyonFutures, and many others.

Building robots or frontier AI? Work with us to help the world understand what your systems can do.

[Initialized Capital @Initialized]

Great conversation between Maggie Baird and SXD founder @ShellyXuDesign on zero waste design and rethinking how fashion gets made, including concert merch.

Fabric is usually a garment's biggest cost, up to 70% of the total, so less waste also means real savings for brands. And it works beyond fashion, too (think automotive, even airbags).

Watch the full convo on Instagram: https://t.co/lJRSfQb9TD

[Initialized Capital @Initialized]

Today, @trmlabs announced a Series C extension that brings its valuation to $2 billion.

TRM began by helping investigators trace crypto crime. Now, as AI gives criminals new speed and scale, it’s building what CEO @estebancastano calls an “operating system for the AI era.”

“AI is a second growth engine for our business, not a pivot. Blockchain intelligence is a multi-decade business. We want to build a generational company.”

Congrats to the whole team on continuing to build crimefighting AI. More from @jeffjohnroberts in @FortuneMagazine: https://t.co/ivt5RuH9ht

[TRM Labs @trmlabs]

TRM has closed an extension of our Series C, valuing the company at $2 billion.

A letter from our CEO, @estebancastano, on how AI safety is too important to get wrong, and what we’re building at TRM to get it right ⬇️

[lucas ochoa @lucas0choa]

aand we're live. "It's like Instinct but for work"

Ace from Automat now on iPhone.

[Initialized Capital @Initialized]

A lot of momentum in space, and plenty of it across the Initialized portfolio. @basaltspace, @StarCatcherInd, and @SpaceiumInc were all on the ground at #SmallSat2026 last week, joining the industry to talk about what’s next for small satellites and the infrastructure powering the future of space 🚀

[AstroForge @AstroForge]

This electric propulsion test chamber is about much more than firing spacecraft thrusters in-house.

Connected to our hardware-in-the-loop testbed, it will let us run our flight software against real propulsion hardware under vacuum, so we can test how the spacecraft actually commands and responds to its propulsion system before it ever leaves Earth.

Test as you fly. 🚀

[Algolia @algolia]

Building agentic commerce experiences? Come talk to us. Algolia is at #RetailClub AI Festival with @AWS, showing intelligent retrieval for both human and AI-agent shoppers.

📍AWS Grounds | Huntington Beach, CA | September 23–24

Learn more + book a meeting: https://t.co/DkKpOP0svL

[Initialized Capital @Initialized]

.@clonerobotics is building robots more like humans, starting with the muscles.

On High Bit, cofounder & CEO @dhanushisrad explains how artificial muscles attached at anatomically accurate points can simplify robot design and enable human-level movement.

Full convo: https://t.co/f7zFbuF5tZ