We back the picks and shovels of the AI build-out more than another chatbot. The payments, sandboxes, escrow, browsers and compute that agents run on, and applied AI with a real wedge. We like capital-efficient teams that get to revenue, and strong technical founders.

We write $100,000 to $500,000 pre-seed and seed checks and typically co-invest alongside a lead. Here is what we look at.

• Inference and compute infrastructure, sandboxes and microVMs for running agent code, browser engines for agents, and escrow and payments rails for agents.

• Agents, agent harnesses and the tools that let agents act, pay and coordinate.

• AI with a real wedge into a market, such as accounting, search, legal and voice, where the product does real work, not a thin wrapper.

• Novel accelerators and compute approaches, looked at carefully where the capital need fits an early check.

We tend to pass on thin GPT wrappers, and on research-lab shapes that need a large round before they matter. A $100,000 to $500,000 check fits a capital-efficient team, not a company that needs tens of millions to reach a first result.

A few of the AI companies in our portfolio:

• steel.dev, which provides cloud browser infrastructure that lets AI agents control real browsers.
• Bo AI, a personal AI assistant that runs over text message.
• Haloo, which uses AI to speed up trademark search and clearance.
• Sophia Space, which builds orbital data centers that run AI workloads in low Earth orbit.

See the full portfolio.

Building in AI infrastructure, agents or applied AI? Pitch us directly, no warm intro needed, at daxos.capital/apply. If there is interest, you hear back within 72 hours. See the full list of what we invest in.