Announcing our latest $250M Fund IV

January 26 2026

By Lan Xuezhao

A basis is a set of independent vectors that defines what is possible. Like those foundational vectors, we partner with founders at the earliest moment when there is nothing but a stubborn belief.

We work with founders who are independent thinkers and who move toward ground truth with maximum, compounding velocity. We are not consensus driven or optimized for comfort. We back people building real systems while the signal is still unclear and before the narrative has caught up.

Our founders have reshaped supply chains since 2019 (Quince), advanced the science of materials discovery (Cusp), transformed industrial robotics since 2018 (Path), and redefined creative workflows since 2022 (OpenArt). They’ve built new programming languages — an unpopular effort at any time (BAML) — and created new AI infrastructure in 2021 (Tigris) and in 2016 (Scale, before we even formally had a fund). They do not wait for categories to exist or markets to agree.

We’ve been early in AI since the firm’s founding in 2017 and early to all of our founders because we do not outsource belief or conviction. We commit for the long haul, rapidly iterate with you, and work to compound your business together over time. If you just want validation, you will make our lives too easy. If you want a radically honest learning partner in the trenches with you from day one, we’re built for this.

We raised $250M more capital and we are so excited to work with you!