Foundamental

Foundamental is a venture capital firm that invests in companies working on technology for capital-intensive markets, covering infrastructure, architecture, engineering and construction, heavy supply chains, and lot-size-one manufacturing including shipbuilding, aerospace and defence. The firm says it invests as early as day zero, taking the first institutional funding round in companies it backs, and invests in companies anywhere in the world. It states that more than 90% of the companies it has backed have gone on to raise follow-on funding, with seven exceeding a threshold of annualised revenue and ten reaching profitability. Foundamental also runs an educational series called Foundamental University, in which founders and business leaders discuss challenges that shaped their careers. Its portfolio has included Infra.Market, a construction-sector marketplace, and Tazapay, a cross-border payments company.