We partner with founders, investors and scientists working to better the world
After stepping down as CEO of Unity (NYSE:U), David has been a highly active angel investor, startup advisor, and VC fund LP.
Today, Foobar’s investments stretch across all stages of technology startups, and most industries. From the earliest stages, most of the investments are in partnership with top-tier venture funds.
We are technology investors driven by curiosity, care for civilization, and the desperate need to break climate change.
Our structure helps us take the long view, and follow through for the duration.
Climate
Climate change is the greatest macro challenge, and we must take a long view on humanity.
With our experience of technology and startups, we support passionate innovators to develop and scale sustainable solutions beyond the limits of the currently possible.
We invest in decarbonizing the economy right now, as well as in moonshots to extract greenhouse gases out of the atmosphere tomorrow.
We believe that both adaptation and geo-engineering will be necessary, and that plans for this must be drawn up.
Sample partnerships:
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Climate Capital
Climate Capital is an investment firm that supports companies that directly or indirectly reduce global greenhouse gas emissions.
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Voyager Ventures
Voyager Ventures invests in visionary founders building a sustainable future.
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Giant Ventures
Giant Ventures back purpose-driven founders solving the world’s biggest challenges
Technology
We build enduring partnerships with relentless teams at all stages of company development. Every aspect of our societies will continue to evolve, and more and more parts of what we summarize as “the economy” will be virtual.
Partnerships include:
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Sequoia
Sequoia Capital led Unity Technologies' series A investment round in 2009.
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Crowberry Capital
Crowberry Capital invests at seed and early stage in emerging technologies in Iceland. It funds future-focused teams with the ambition to transform industries.
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Helix Nano
HelixNano is a San Francisco based company using artificial intelligence to help cure genetic diseases, currently working on cancer and COVID-19 with synthetic biology.
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VitroLabs
VitroLabs Inc is a startup based in San Francisco developing lab-grown leather, through tissue engineering, as a solution to help fight climate change and completely avoiding animal slaughter.
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Lockwood
Lockwood Publishing is a Nottingham based cross-platform game developer that produces entertainment software for the mobile and tablet market. Creators of Avakin Life, a 3D social universe.
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Monerium
Monerium is a financial technology company based in Iceland with the mission of making digital currency accessible, secure, and simple to transact.
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1910 Genetics
1910 Genetics is a Boston based biotechnology company integrating AI, computation, and biological automation to improve drug development.
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Varjo Technologies
Varjo is a Helsinki based company making advanced VR/XR hardware and software for industrial use, paving the way for a true-to-life metaverse.
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Reface
Reface is a company based in Kiev, Ukraine building a platform where you can swap faces in the videos, GIFs and memes with just one selfie.
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Fractal 5 / Break
The Icelandic Fractal 5 has recently launched a new app, Break, to facilitate gatherings with friends and acquaintances.
Finding business climate opportunities in Iceland
Due to its size, unique position in the North Atlantic, rich maritime heritage and abundance of clean and cheap energy, Iceland is the perfect starting point for ambitious companies working on sustainability.
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Transition Labs
Transition Labs helps leading startups and innovative teams seeking solutions to problems arising from climate change, to rapidly scale in Iceland.
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Nesvík
Nesvík is a 37 hectar plot of land, 30km from Reykjavík, which is being developed for creative and commercial use.
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S3
S3 is one of a series of plots acquired in and around Reykjavík for residential development.