“Writing The Markup every week forces clarity.”

Rob Madelmayer
Managing Partner
LFG Ventures
… via LinkedIn

Dallas-based LFG Ventures connects investors to late-stage, pre-IPO deals in tech and frontier industries including AI, defense, fintech, and digital infrastructure. The firm, founded around 2020, describes itself as a curated network of angels, VCs, family offices, founders, and industry experts investing in pre-IPO companies.

Each week in The Markup, Madelmayer writes about what the firm is “watching in real time”: their portfolio, private markets, and “where frontier tech is really moving.”

The newsletter (not to be confused with the nonprofit newsroom of the same name) delivers insights on funding rounds, valuations, and pre-IPO deals.

This week’s edition, “Agents, Autonomy, & Arsenal,” unpacks Anduril’s reported $8B raise at a $60B-plus valuation, Cerebras tripling its valuation to $23B while powering OpenAI’s first non-Nvidia model, X rolling out crypto and stock trading to 600 million users, Figure AI’s humanoid robot autonomously unloading a dishwasher, and Databricks signaling an IPO after hitting $5.4B in revenue.

Other recent issues include “Stacks, Space, & Scale,” “Mergers, Models & Moonshots,” “Satellites, Supercomputers, & Silicon Stakes,” and “Models, Money, & Megarockets.”

For more of who said what about all things North Texas, check out Every Last Word.

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