Founded on the principle that transformational technology needs patient, expert capital.
Coexin Technology Partners invests $3–8M rounds in pre-Series A deep tech teams — semiconductors, quantum systems, photonics, and advanced materials — from our base on Sand Hill Road. Founded in 2017 with $270M under management, the fund was built specifically to hold positions for 10–12 years, because deep tech doesn't fit a five-year fund cycle.
The founding partners came from the lab: chip design at Intel and TSMC, quantum coherence research at MIT Lincoln Laboratory, fab process work at Applied Materials. That technical background shapes every investment decision — we review IP, reproduce experimental claims, and stress-test the physics before any financial conversation. No hand-waving on technical risk.
Our thesis: the most durable companies of the next thirty years will be built on physics breakthroughs. Semiconductors are mid-cycle on a fundamental architecture shift. Quantum computing is crossing from research discipline to engineering problem. Photonics is solving the interconnect bottleneck that copper cannot. We back the teams actually solving these problems, not the teams with the most convincing narrative about them.
Ten portfolio companies later, three of which have achieved significant technical milestones ahead of roadmap, the approach has validated itself. We've helped founders navigate government procurement, CHIPS Act funding, fab partnerships, and the messy reality of scaling laboratory processes into manufacturable products.
We don't require decks for initial conversations. If you're working on something that genuinely changes the physics, reach out to [email protected]. We respond to all inbound within 48 hours.
We write checks only when we've verified the physics ourselves — not after a consultant's report. If our partners can't reproduce the core technical claim, we pass. The founders we back expect that level of diligence; it's what makes the partnership credible.
We take board seats and stay active through the full development cycle — from bench prototype to pilot production. The founders we back are usually the ones who wrote the paper. We invest in that scientific authority and protect it through commercialization.
The fund is structured to hold positions for 10–12 years. We don't push for exits when the technology isn't ready — and we've designed the LP relationships to deliver that patience without compromising returns. Deep tech rewards investors who can wait.
We don't outsource diligence. Our partners review IP, reproduce experimental claims, and evaluate team depth before any term sheet conversation. If the physics doesn't hold, we say so and explain why.
We form independent views. We don't co-invest to validate a thesis — we lead rounds because we've done the work. The best deep tech investments are non-obvious when we make them.
We've structured the fund for 10–12 year hold periods and aligned LP expectations accordingly. We don't pressure portfolio companies toward premature exits. Deep tech timelines are what they are — and we plan for that, not around it.
We actively connect our portfolio companies to each other — IC designers with photonics interconnect teams, quantum hardware founders with materials scientists. Cross-portfolio introductions and shared procurement relationships are deliberate, not accidental.