$110M Seed Round raised in September 2020 — backed by Draper Associates (draper.vc).  Learn More
Anchor: Draper Associates (draper.vc)
Deep Tech & AI IP Investment

Funding the Patents
That Shape Tomorrow

NL Patent AI Capital backs seed-stage founders building foundational AI and deep-tech intellectual property. We invest at the intersection of invention and impact, partnering with the builders of tomorrow's most valuable technology.

$110M
Assets Under Management
2020
Year Founded
5+
Portfolio Companies
$2.5B+
Portfolio Value

Why AI IP Is the Next Frontier

Deep tech is entering a period of compounding returns. The firms that own foundational IP today will define entire industries tomorrow.

AI-Native Patents

We focus on companies building proprietary AI methods, novel neural architectures, and machine learning infrastructure that cannot be easily replicated by competitors or incumbents.

Defensible IP Moats

True competitive advantage in deep tech comes from intellectual property — patents, trade secrets, and proprietary datasets that compound in value over time.

Seed-Stage Entry

By entering at the seed stage, we partner with founders before their IP matures — providing the capital and strategic guidance needed to secure and commercialize breakthrough inventions.

Global Deal Flow

Deep tech innovation is global. We source deals across North America, Europe, and Asia, bringing a cross-border perspective and international network to every investment decision.

Founder-First Partnership

We believe the best IP starts with the best founders. We prioritize long-term partnership over short-term returns, providing hands-on operational support throughout the company-building journey.

Technical Due Diligence

Our team includes deep technical advisors who evaluate the depth, novelty, and commercial applicability of every IP portfolio before we commit a single dollar of capital.

Where We Invest

We concentrate our capital in sectors where proprietary AI and deep-tech IP can generate structural competitive advantages.

AI & Machine Learning

Foundation models, novel training methods, inference optimization, and AI hardware designed to push the state of the art in artificial intelligence.

Biotech & Life Sciences

AI-accelerated drug discovery, computational biology, and genomics platforms protected by robust patent portfolios with clear clinical pathways.

Advanced Manufacturing

Next-generation materials, additive manufacturing, and precision engineering technologies that combine AI with physical-world innovation.

Space & Aerospace

Propulsion systems, satellite technology, autonomous navigation, and space manufacturing with deep IP protection across key jurisdictions.

Climate & Energy

Clean energy storage, carbon capture, and grid optimization technologies underpinned by patented scientific breakthroughs.

Cybersecurity & Privacy

Cryptographic protocols, zero-knowledge systems, and AI-driven threat intelligence platforms with proprietary algorithmic approaches.

Backing Transformative Companies

A selection of investments that demonstrate our commitment to deep tech and AI IP at the frontier of human possibility.

SpaceX

$1.9B
Seed Round

Advanced aerospace manufacturing and space transportation technology with deep proprietary IP in propulsion systems and rocket reusability.

Tesla

$226M
Seed Round

Electric vehicle and clean energy innovation underpinned by extensive AI, battery chemistry, and autonomous driving intellectual property portfolios.

Robinhood

$363M
Seed Round

Democratizing financial services through proprietary algorithmic trading infrastructure and AI-driven personalization technology for retail investors.

See Full Portfolio

Built for the Deep Tech Decade

Founded in 2020, NL Patent AI Capital was created with a single belief: the most durable value in technology is created at the patent layer. We are a seed-stage firm focused exclusively on deep tech and AI intellectual property.

With $110M in assets under management and the strategic backing of Draper Associates, we partner with visionary founders who are building the foundational technologies of the next generation. Our team brings decades of combined experience in venture capital, patent law, and technical research.

We are based in San Francisco, CA — at the center of the global innovation ecosystem — and maintain active deal flow across every major deep tech hub worldwide.

Learn Our Story
NL Patent AI Capital team and mission

Thinking on Deep Tech & AI IP

Perspectives from our investment team on the trends shaping the future of AI intellectual property and deep technology.

AI patent strategy

December 10, 2025

Patent Strategy in the Age of Generative AI

How AI companies should think about building defensible IP portfolios in an era where the technology itself is rapidly commoditizing.

Deep tech seed investing

November 18, 2025

Why Seed Stage Is the Right Entry for Deep Tech

The structural advantages of early-stage investing in capital-intensive, IP-rich technology sectors and how to manage the unique risks.

AI IP valuation

October 22, 2025

Valuing AI Intellectual Property: A Framework

A practitioner's guide to assessing the commercial value of AI patents, trade secrets, and proprietary training datasets at the seed stage.

Read All Insights

Ready to Build the Future?

If you are a founder working at the intersection of AI and intellectual property, we want to hear from you. We invest at the idea stage — no revenue required, just breakthrough technology.

Contact Us Read Our Insights