Lux Capital

Overview

New York-based firm investing in frontier science and technology, including defense, AI, biotech and robotics. Its US$1.5B Fund IX, closed in January 2026, is its largest to date and brought assets under management to about US$7B. Early backer of Anduril and Applied Intuition.

Notable portfolio companies

• Anduril
• Applied Intuition
• Hugging Face
• Runway
• MosaicML
• Recursion Pharmaceuticals
• Auris Health
• Databricks

Funds

LPs on the record

10 private foundations list on their latest IRS Form 990-PF, and 5 other LPs report holding Lux Capital’s funds.

• Johnny Carson Foundation Private foundation · 6 funds
• Grantham Foundation for the Protection of the Environment Private foundation · 5 funds
• Inasmuch Foundation Private foundation · 5 funds

12 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Lux Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Heights LLC 2 LPs in common
• M13 Ventures Management, LLC 2 LPs in common
• Lerer Hippeau 2 LPs in common
• Mayfield 3 LPs in common
• Blumberg Capital, L.L.C. 2 LPs in common
• Index Ventures 2 LPs in common

Find LPs for Lux Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Track record

A score of 66 out of 100 from one of the 2 funds public LPs report, in the top half of its vintage. Its ranked funds’ median TVPI is 2.12x. That ranks it 22nd of 123 managers with a score.

Each fund once, as the latest of 2 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

CalPERS: CalPERS Private Equity Program Fund Performance, as of December 31, 2025. Net IRR and investment multiple as reported by CalPERS. N/M (not meaningful) for funds in early years is shown as blank. View source

New Mexico State Investment Council: New Mexico State Investment Council Private Equity Performance Updates: Fund Summaries (Active Funds), as of March 31, 2026. Net IRR and net multiple since inception as printed in the fund summaries of the quarterly performance updates that Mercer prepares for the Council (data source given as Invient), published in the Council's public meeting materials. The fund summaries head the two columns "Net" (Multiple, IRR); their total rows equal the "Net Multiple" and "Net IRR" of active commitments in the reports' dashboards. The net multiple is used as TVPI. The fund summaries give only committed capital, exposure (NAV + unfunded), net multiple and IRR for each fund, so contributions, distributions, total value and DPI are blank; contributions and distributions are reported by program and strategy only. Committed capital is reported in $ millions to one decimal and converted to whole dollars. Vintage year is defined by the reports as the year of the fund's first cash flow. 27 of the newest funds are marked N/A or NM (not defined in the reports) and lack an IRR, a multiple or both. The IRR of The Veritas Capital Fund IX, L.P. is printed as "#######" (not readable) and is blank. Frazier Healthcare Growth Buyout Fund XI, L.P. is printed with a negative multiple, imported as printed. Two reports are combined: the National Private Equity Program (175 active funds, $11,121.7 million committed; 32 Venture Capital, 93 Buyout, 33 Growth, 17 Special Situations) and the Strategic Venture Capital Program and New Mexico Private Equity Investment Program (Legacy) (83 active funds, $2,346.3 million committed; 76 Fund Investments, 5 Co-Investment Funds, 1 Catalyst Fund, 1 Recovery Fund). The second report covers the Council's New Mexico-focused venture and private equity commitments, including its own co-investment, catalyst and recovery vehicles. Active funds only: liquidated and sold funds are reported in aggregate, not by fund. The Private Debt, Real Estate and Real Assets reports in the same materials are not imported. View source