Hyperion

Nox Metals exists so America can build 100x more factories and technologically abundant industrial capacity in the West. We are announcing our $11.5M Seed round led by Hyperion, with participation from Palmer Luckey, Y Combinator, Jared Friedman, RoboStrategy, Operator Collective, DTX, Alumni Ventures, and others. Over the past few decades, America has neglected domestic production. We lost our dominating ability to build in the world of atoms while jobs on the factory floor plummeted. It's time to build for America again. As our grandparents once did. Since launching production only 7 months ago, we have shipped metal to hundreds of American factories. Countless truckloads to America's industrial base. And we are no where near slowing down. Our metal has gone to space. It has protected our troops. It is in your car and in the machine that scanned your chest. It is all around us. And we can't stop supplying at warp speeds, because America needs it. We will be revitalizing a WW2 era, 35,000 SQFT factory in Detroit this summer where we will have our techno industrialists working hard to further pursue our mission. We will be tripling down on technology, which has allowed us to move this fast for America thus far. More code. More machines. More metal. More production.

Actor has raised a $4M seed round. I am excited to show a snapshot of what our deployed robot models can do in the real-world. We're incredibly grateful to be supported by investors from Eniac Ventures, Hyperion Capital, Hummingbird VC, 2048 Ventures, Nova Fund, Vanderbilt Alumni, and many incredible angels. If you are interested in deploying machines with us, contact me : )

Today, we are unveiling @hyperion__cap, an investment firm built to be the best strategy partner for deeptech founders. Again and again, we heard from these founders that venture capital has been failing them, even as more deeptech funds entered the market in recent years. Too many deeptech VCs lack a real command of industry history, hardware unit economics, go-to-market, and engineering nuance. Instead of rigorously evaluating complex frontier technologies, they often pass with vague references to “science risk." They overlook exceptional founders outside usual elite networks and concentrate capital based on pedigree, reducing their thinking to hand-wavy “founder bets." These VCs then prioritize promotion and social media over delivering real value to founders. In this world, LPs are also losing. And more of them continue to be disappointed by the lack of rigor that their deeptech GPs bring to evaluating these startups. We raised $35 million for Hyperion's Fund I to change this paradigm. On average, we complete 100+ pages of deep research and strategy ideas that are shared with our founders. We also share this industry research with our LP base, which has already helped support our founders with additional capital and valuable introductions. We hold regular strategy sessions with our founders and obtain key connections that unlock new growth vectors for their businesses. Over the last 6 months, we’ve already invested $9 million behind founders across 7 companies: @FarisSbahi at Normal Computing, @isaiah_p_taylor @ Valar Atomics, Will Wilson @AntithesisHQ , @drauwsy @ Kunin, @abeirami & @aparandehgheibi @ [stealth], Charlie Cheng @ TC Lab, and Mike & Josh @ F-ADA. I'm deeply grateful to the senior leadership at Vista Equity Partners for their support, to the venture GPs who have advised us, and to the founders who chose to partner with us in the earliest days. We’re especially grateful to our limited partners, who put their trust in us at the firm's inception. Lastly, to build this firm alongside one of my closest friends and college teammates @henr56520 been a true privilege. We’re looking forward to working relentlessly for the founders we've backed and for those we’ll have the chance to support in the years ahead. hyperioncap.co