The firm
We are in the business of
backing people, early.
Nutan Incubation was founded on a simple conviction: the most important decisions in a company's life are made before anyone outside the room believes in it. We try to be in that room.
The firm
A firm built around the founder, not the fund.
We believe the earliest days of a company deserve the most serious partner in the room. Nutan Incubation was founded on a simple principle: conviction before consensus.
We move early, we move alone when we have to, and we stay long after the round is closed. One partner owns every relationship from the first email onward — there is no handoff, and no committee you cannot see.
Our mission
To make the first institutional check the most useful capital a founder ever raises — patient, honest, and accountable to the people building, not the people watching.
How we invest
Concentrated, high-conviction positions at pre-seed and seed, with meaningful reserves through Series B. We lead, we take board seats when asked, and we stay out of the way when not.
Investment thesis
Seven areas where we go deep.
We would rather know a handful of markets completely than every market partially. These are the seven we have earned the right to have an opinion about.
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01
Artificial Intelligence
Foundation models, applied research, and the application layer where intelligence becomes a product people pay for.
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02
Developer Tools
The workflows, runtimes and primitives that make software teams meaningfully faster and safer.
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03
Enterprise Software
Systems of record and systems of action for operations that have outgrown spreadsheets and legacy suites.
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04
Climate
Energy, materials, grid software and industrial decarbonization with real unit economics.
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05
Healthcare
Care delivery, diagnostics and the software infrastructure that lowers the cost of getting well.
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06
Fintech
Payments, capital markets and the boring rails that quietly move trillions of dollars.
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07
Infrastructure
Compute, data, networking and security — the layer everything else is built upon.
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Building outside these lines?
Category-defining companies rarely arrive pre-labelled. Tell us anyway.
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Operating platform
The work that happens after the wire clears.
Capital is the least interesting thing we offer. Our platform team works with founders every week on the problems that actually decide outcomes.
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Talent & recruiting
A dedicated partner who has closed hundreds of early engineering and go-to-market hires, working your pipeline alongside you.
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Customer introductions
Warm paths into 900+ enterprise buyers across our network — qualified before the intro is ever made.
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Go-to-market design
Pricing, packaging and the first sales motion, built with operators who have shipped it themselves.
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Follow-on strategy
Round architecture, narrative and introductions to the right multi-stage funds — long before you need them.
Global network
Local conviction. Global reach.
Four offices, one partnership. We take the first meeting wherever the company is being built, and we help it get everywhere else.
San Francisco
Headquarters
AI · Infrastructure · Dev ToolsNew York
Est. 2019
Fintech · Enterprise · HealthLondon
Est. 2021
Climate · Enterprise · AIBengaluru
Est. 2023
Dev Tools · Fintech · Infrastructure
Partners & capital
Backed by patient, long-horizon capital.
Our limited partners are endowments, foundations and families who measure in decades. That patience is passed directly to our founders.
- University endowments
- Charitable foundations
- Family offices
- Sovereign funds
- Founder LPs
- Fund-of-funds