VENTURE CAPITAL AT THE FRONTIER

The future
won’t wait

We back the founders moving
the edge of what’s possible.

Be part of what’s next
SEE IT TAKING SHAPESCIENTIFIC POSSIBILITY / HUMAN CONSEQUENCE
01 / THE FRONTIER, IN MOTIONSELECTED PORTFOLIO / RECENT MILESTONES

Once imagined
Now in motion

The next era is taking shape in workshops, laboratories, and lines of code. Meet the companies bringing it closer.

FIELD NOTE 001 / PHYSICAL INTELLIGENCEFILM COURTESY OF APPTRONIK
APPTRONIKHUMANOID ROBOTICS

Intelligence
Made physical

Apollo 2 brings AI into the physical world. Apptronik’s modular humanoid platform is built for real work—and for the real-world learning that robotics needs next.

Apptronik unveiled Apollo 2 and announced an expanded Robot Park
Extellis company illustration showing Earth observation across agriculture, oceans, and infrastructure
COMPANY ILLUSTRATION · COURTESY OF EXTELLIS
ExtellisTHE ORBITAL FRONTIER

A world with fewer blind spots

Extellis is developing satellite radar based on metasurface antenna technology born from Duke research. Its system is designed to see through clouds and darkness, offering a new way to understand a changing planet.

IN DEVELOPMENT · PATHFINDER PLANNED FOR 2027
Shell Ventures joined an extension of the seed round
02 / OUR CONVICTIONCURIOSITY IS ONLY THE BEGINNING

Science is
magic
Until it changes
everything

The extraordinary looks improbable
until someone builds it

We’re drawn to that moment: when a scientific breakthrough is real, its commercial future is still taking shape, and a founder is ready to cross the distance.

Exploration has always needed people willing to back a journey before the destination is certain. Today, that journey begins in a lab, a new material, or a machine learning to move.

We invest before the world catches up

Where we see possibility
OUR STAGE

Pre-seed through Series A

OUR FOCUS

Applied deep tech

OUR HOME

North America

OUR NORTH STAR

Human progress

03 / WHERE WE VENTURETHE NEXT INDUSTRIAL ERA

The stakes are
the world we build

More capable industries, more resilient societies, and longer, healthier lives. This is why the science matters.

A human hand clasping a Sanctuary AI robotic hand
SMALL DISCOVERIES
BOUNDLESS CONSEQUENCES

The tools, intelligence, and materials that turn ambitious ideas into a new industrial reality.

  • Robotics & Automation
  • Critical Minerals & Materials
  • Artificial Intelligence
  • Advanced Manufacturing

04 / OUR PORTFOLIOTHE PEOPLE MAKING POSSIBILITY REAL

The future
takes shape

Eight companies tackling extraordinary questions. Meet the founders and technologies changing what humanity can build, protect, and become.

Selected BlueLake investments

05 / WHO WE ARESCIENCE / INDUSTRY / CAPITAL

Conviction needs
company

Our team brings experience in technology scouting, research commercialization, strategic investment, and company building, united by a shared instinct to go further.

Jamie Rutledge

Jamie Rutledge

Partner

Jamie focuses on identifying and evaluating emerging technologies at the intersection of scientific innovation and commercial opportunity. Prior to BlueLake, he led strategic venture capital and open innovation at Lenovo and technology scouting and investment initiatives at Dyson, drawing on three decades of experience across technology development and investing.

Chris Cesareo

Chris Cesareo

Partner

Chris focuses on investment strategy, company development, and helping emerging technologies scale into durable businesses. Prior to BlueLake, he spent more than 25 years across technology, finance, and strategic planning, including leadership experience at Allscripts and Veradigm and board roles with BoxLock and Call Simulator.

Ethan Werner

Ethan Werner

Principal

Ethan focuses on identifying and supporting emerging technologies as they move from technical validation toward commercialization. Prior to BlueLake, he worked on academic technology commercialization through The Werner Family Foundation and helped build the startup ecosystem at Scale 2 Miami, organizing its accelerator and angel investor network.

Dan Marquardt

Dan Marquardt

VP of Investor Relations

Dan focuses on building relationships with investors and connecting strategic capital with emerging technology opportunities. Prior to BlueLake, he gained experience across private markets, engineering, and entrepreneurship, with an early technical foundation at Pratt & Whitney and IBM.

Dr. Kiryl Rudy

Dr. Kiryl Rudy

Venture Partner

Kiryl focuses on international strategy, cross-border partnerships, and helping emerging technologies navigate global markets. Prior to BlueLake.vc, he held senior diplomatic, government, and technology leadership roles and spent more than 25 years working across international business, finance, technology, and academia.