— Our Approach —
At Steel Atlas, we make concentrated investments in the future monopolies of this accelerating wave of hyper-techno industrialization.
Our approach is enabled by a unique network of long-standing relationships with leaders and owners of industrial conglomerates. This network grants us access to two key resources: high-signal information flows and commercialization pathways. The insights we gather — what we call “public secrets”— directly shape our investment theses.
Given the depth of our analysis, we selectively invest in ten or fewer companies per fund. After investing, we work closely with these companies to help them commercialize their technologies, leveraging our network of industrial conglomerates.
— Why Now —
The first industrial age mechanized production. The second digitized and coordinated it. The third, our current age, makes it intelligent and therefore recursively self-improving.
Beginning in the eighteenth century, industrialization turned human labor into standardized machinery and processes. In the late twentieth century, techno-industrialization connected those machines through software, computing, and global supply chains.
Now, in the wake of the pandemic and the ChatGPT moment, political pressure for reshoring is converging with AI, robotics, and new energy systems. This is hyper-techno-industrialization — when cost of when the cost of manufactured goods rapidly converges to the cost of energy used to produce it.
In this new industrial system, intelligence improves the production of energy, materials, machines, and intelligence itself. Each decline in cost accelerates the next. Production becomes more automated and abundant.
We are living through the age of new industrialists — the people who combine intelligence, energy, machinery, and capital to rebuild the physical world. Our goal is to invest in their future monopolies.