7percent Ventures

We are going live from Dubai ⛵️ gonna be fun joining Paul Manivannan on the next episode of Meet the VC, check it out!

7 amazing jobs from 7percent Ventures companies this week: Commercial Lead @ Hyper (🇬🇧) Senior Library Engineer @ Circuit Mind(🇬🇧) Applied ML Researcher @ Gensyn (💻) Workplace Associate @ Flexport (🇺🇸) Optics Engineer @ Nu Quantum (🇬🇧) Technical Graduate @ Bitmovin (🇦🇹) Head of Product @ Untap Health (🇬🇧) Sign up here jobs.7pc.vc for alerts.

KAIKAKU in the The Telegraph this week - providing a glimpse in the future of robotic restaurants. Systems will be used to prepare and serve food, and automate the full stack of restaurant operations - massively reducing operating costs and fulfilment times, increasing margins my an order of magnitude. If you haven't already, check out Josef, Piers, and David's first restaurant - Common Room in Brunwick, London - where their flagship technology, named Fusion, utilizes a conveyor belt system to prepare bowls/salads in just 10 seconds. (https://lnkd.in/eKa-m3Y2)

As per our recently published manifesto - "It is a coordinated, dynamic approach to the development of the cutting edge technology that will realize civilization-level change for the better." 7percent partners Andrew J Scott and Jeff Crusey will be taking to the stages at #ResilienceConference on 26-27 September - where startup, venture, and defence and security communities will intersect to accelerate engagement and collaboration with the tech sector. Link here for tickets: https://lnkd.in/e_Gfj3jZ #resilience #defenceinnovation #defencetech #dualuse #startups

We are thrilled to announce that Interstellar Lab has won NASA’s Deep Space Food Challenge! Our innovative NUCLEUS system, designed for long-term space missions, has been recognized as a groundbreaking solution, advancing the limits of sustainable food and nutrition in space. A huge thank you to our incredible team for their dedication and ingenuity. This achievement wouldn’t have been possible without their hard work. We want to congratulate the other participants on their inspiring contributions and thank NASA - National Aeronautics and Space Administration, Canadian Space Agency | Agence spatiale canadienne, the DSFC team, and The Ohio State University for hosting us and providing this incredible opportunity. Barbara BELVISI, Jack Hoeniges, Bill Moloney, Matteo Devecchi, Jacob Scoccimerra, Jérémy Jauzion, Michael Gildersleeve, Maarten Smits, Jim Rhoné, Tangui LE GOFF, Anthony Jodin, Marine Kirat, Charbel Karam, Christer Engblom, David Guignel, Guillaume Allemon, Brock Murphy, Guillaume Jami, Martin Viguier, Pierre Bonnin, Sacha Yzerman, Théo Pinguet, Hadrien HAENEL, Allan Moscona

Today's space propulsion systems are not equipped for our new era of space travel and operations. They usually fall into one of two camps: Chemical: Great for high thrust and manoeuvrability - but low efficiency and high cost when travelling longer distances. Electric: Efficient and great for long distances - but cannot deliver the thrust required for agile satellite operations or avoidance manoeuvres. Magdrive is using metal propellant to create a high energy plasma, in the world's first propulsion system that can do both. We backed Mark and Thomas in their first investment round back in 2020 - along with our friends at Entrepreneur First, Outsized Ventures, Founders Fund, and others. Having seen their first launch back in 2023, we can't wait to see bigger-and-bigger Magdrives enter orbit over the coming months and years, unlocking a huge array of in-space applications. #space #startup #propulsion #frontier

In February 2022, the skies of Puerto Rico were host to a series of white streaks as 38 Starlink satellites fell out of orbit. The cause: a *minor* geomagnetic storm. The cost: around $100m. Unprotected by the earth’s atmosphere, all satellites are at risk of failure and malfunction due to space weather. With limited in-space activity to date, such incidents have simply been the “cost of doing business.” But with a 10-fold increase in in-space activity over the past 10 years, and $15bn of assets now in orbit, our reliance on space infrastructure is now critical. We’re delighted to have backed Padmashri Suresh and to have welcomed Perceptive Space out of #stealth this week, as they develop the platform for Space Weather Decision Intelligence. Leveraging sensor fusion and machine learning, its hyper-local approach can facilitate a 10x improvement in the accuracy of space weather forecasting. It provides near real time updates, as well as an analysis of effects, impacts, and risk. By forecasting anomalies, the platform will predict failures and service disruption before they happen, and will facilitate autonomous preventative measures to be executed. Link to full article in comments. #spacetech #startup #weather #AI #data

Welcoming Padmashri and Perceptive Space out of #stealth - pioneering the future of #space weather forecasting. In 2022, just one "mild" geomagnetic storm resulted in SpaceX losing 38 of a launch of 49 Starlink communications satellites into low orbit - a cost of up to $100 million. Unprotected by the earth’s magnetosphere, ionosphere, and atmosphere, all satellites in orbit face substantial risks associated with space weather. High-energy particles, radiation, solar flares, and geomagnetic storms can cause systems errors, malfunctions and failures. They can also wreak havoc on GPS systems, power transmissions and satellite communications. With $15billion of assets in operation, the space industry can no longer afford to ignore this risk and call such incidents the “cost of doing business.” Stay tuned for our 'Why we invested' article this Thursday. #spacetech #startup

First electric aircraft powered by Greenjets propulsion technology demonstrated at Farnborough, the World's Largest Airshow. Hopefully many more at the next edition in 2 years. Striekair engineering Sentinel Flight Services

In the next 10 years, multi-trillion dollar industries will become completely unrecognizable, entirely new sectors will emerge, and global behemoths will be toppled. At this time of rising geopolitical instability and increasingly rapid technological progress, we've published our 7percent Ventures manifesto (link in comments). This manifesto shows how we think about the challenges and opportunities that are presented by today's inflection points - how they transcend the scale of individual nations, and how the stakes are too high for free society to continue underinvesting in the deeptech founders that are changing the world for the better. #technology #dynamism #startups