Investment Criteria and Process

System-level, science-led

We take a system-level, science-led approach to overhaul outdated, inefficient systems of production that create our food, medicine, materials, and energy.

Focused on efficiency

We design, build and operate businesses to achieve at least a 10x reduction in the energy, cost, time, and footprint of the things we produce.

Long-term value & impact

Our process aims to build and support high-quality businesses that positively impact customers and the planet, while creating significant economic value for investors.

Stage agnostic

In addition to our foundry work, we can invest across all stages of a business, with a focus on leading seed and Series A, and supporting growth-stage investment rounds.

Research and Selection

We conduct primary research with scientists, academics, and engineers in physics, biology, biochemistry, genomics, medicine, and hardware and software engineering. We identify emerging discoveries and tools with breakthrough commercial potential.

We aim to deeply understand the markets where we operate – agriculture, food, human health, materials, and energy. We identify technical, economic, and marketplace transitions that create opportunities for systemic evolution. 

We define investment theses and set out to partner with exceptional teams to pursue those theses. 

By connecting the dots across science, markets and talent, our businesses are solving complex, multifaceted challenges while delivering extraordinary business value to customers and shareholders.

Active Support

We play an active role in supporting our businesses. Thanks to our venture foundry roots, our unique team and services drive value creation across all stages of a business’ lifecycle. 

TPB’s in-house team amplifies the internal competences of founders and our portfolio businesses, offering guidance or direct support as needed across Brand, Narrative Development and Comms, Talent and HR, Finance, Legal, Facilities, and other key functions.