The venture capital space is welcoming a fresh name as Xirius Ventures quietly begins its journey.
Based in Grand Cayman in the Cayman Islands, the firm is positioning itself as a specialist backer of startups working at the intersection of applied artificial intelligence and the physical world, including hardware and robotics.
A $50 Million First Fund Takes Shape
Xirius Ventures is currently working toward raising $50 million for its first-ever fund, known as Xirius Ventures I, LP.
A regulatory filing submitted to the U.S. Securities and Exchange Commission shows that the fund has set a $50 million target, though no capital has been secured so far.
Leadership With Strong Venture Pedigree
The fundraising effort is being led by Managing Partner Mandy Wen, who previously built experience at GSR Ventures.
She is joined by Emily Yu, a former partner at Monad Ventures.
During her time there, Yu focused on early-stage enterprise investments and played a key role in supporting fundraising activities, bringing valuable operational insight to the new firm.
Backing AI That Moves Beyond Software
Xirius Ventures is zeroing in on founders who use artificial intelligence to create not just software, but also hardware and robotics solutions.
The firm’s thesis centers on applied and physical AI, backing teams that are building real-world systems rather than purely digital tools.
More Than Money for Founders
Beyond writing checks, Xirius Ventures aims to provide hands-on support to its portfolio companies.
The firm emphasizes what it describes as “a sense of boundaries,” helping founders hit important milestones while avoiding unnecessary disruptions that can slow early progress.
Early-Stage Support and What Comes Next
At the earliest stages, Xirius Ventures plans to invest through SAFE agreements, with a strong focus on helping young companies scale thoughtfully.
With the fund still in the fundraising phase, attention now turns to whether the firm can attract early backers and begin deploying capital into its first wave of AI-driven startups.
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