Venture Capital × Hardware Foundry

We back the
companies
that make things.

We help you prototype in days — and scale to the world.

ShockwaveLabs is a venture firm for the industrial era of AI. We back deep-tech and advanced-manufacturing founders — and hand them X-Wave, our in-house rapid-prototyping foundry.

EST. 2019 · GLOBAL
$640M ASSETS UNDER MANAGEMENT
41 PORTFOLIO COMPANIES
SCROLL
Robotics Advanced Materials Aerospace Precision Optics Energy Storage Industrial AI Semiconductors Bio-Manufacturing Robotics Advanced Materials Aerospace Precision Optics Energy Storage Industrial AI Semiconductors Bio-Manufacturing
01 / The Thesis

From idea-space
to the real world.

We're living through an intelligence explosion. Artificial Intelligence has made ideas abundant and nearly free — it can refine a rough mental model into a polished design in seconds. But a design is still just structured information on a computer or in the mind. The hard part is no longer thinking; it's making — turning that polished idea into something physical you can hold, test, and ship. That is the gap ShockwaveLabs closes: we back founders with capital and hand them X-Wave, our rapid-prototyping foundry, to forge ideas into real, working hardware — and the network to scale it.

A1

The Age of AI

Cognition is being commoditized. Software is largely solved — the new frontier is physical: atoms, machines, and the factories that make them.

A2

An Intelligence Explosion

As AI compounds on itself, viable ideas multiply faster than anyone can build them. Invention is no longer the constraint — execution is.

A3

Idea-Space → Real World

Through X-Wave, our rapid-prototyping foundry, we collapse the distance between a concept and a working part — turning thought into thing in days, not quarters.

A4

Capital, Foundry, Network

Conviction capital, operating muscle, and a manufacturing network to carry you from first prototype all the way to production scale.

Download Pitch Deck
Assets Under Mgmt
Portfolio Companies
+
Parts Prototyped / Yr
Avg. Sketch→Part
02 / Portfolio

The companies
building the real world.

EnergySERIES B

Frontier Energies

Grid-scale clean energy systems for industrial baseload power.

EST. 2019LED SERIES A →
PropulsionSERIES A

XPropulsions

Electric and chemical propulsion for launch and in-space mobility.

EST. 2020LED SEED →
Semiconductors & AISERIES B

XCompute

Custom silicon and adaptive compute that model the physical world.

EST. 2018A + B →
Aerospace & PressureSEED

XPascal

Aerospace structures and high-pressure systems built for extremes.

EST. 2023LED SEED →
Energy StorageSERIES A

Celltropy

High-density solid-state cells for industrial and grid storage.

EST. 2021SEED + A →
MaterialsSERIES A

MonoSilicon

Defect-free monocrystalline silicon for next-gen chips and cells.

EST. 2020LED SERIES A →
AutomationSERIES B

AutoEdge Automation

Self-optimizing control systems that retrofit any production line.

EST. 2018A + B →
SpaceSERIES A

SpaceNetwork

Low-latency satellite mesh for industrial IoT and logistics.

EST. 2021LED SEED →
RoboticsSEED

Deskbots

Compact desktop robots automating lab and light-assembly work.

EST. 2023PRE-SEED →
MobilitySERIES A

StellarDrive

Integrated electric drivetrains for autonomous heavy vehicles.

EST. 2020LED SERIES A →
Circular MaterialsSEED

UnRecycle

Molecular recycling that returns mixed waste to virgin-grade feedstock.

EST. 2022LED SEED →
Industrial AISERIES A

Perceptivity

Perception models that catch micro-defects before they ship.

EST. 2019SEED + A →
RoboticsSERIES B

AutoEdge Robotics

Force-aware robotic arms for precision assembly and finishing.

EST. 2019LED SERIES A →
Deep Tech R&DSERIES A

Vashishtha Research

Frontier R&D translating breakthrough science into manufacturable hardware.

EST. 2017LED SEED →
Advanced MaterialsSEED

Tenex

High-tensile engineered materials for extreme-load structures.

EST. 2022PRE-SEED →
Grid InfrastructureSERIES A

Frontier Grid

Smart hardware and controls modernizing the grid for distributed power.

EST. 2021LED SEED →
03 / The Foundry
Make
it from bit,
matter from mind.
X-WAVE

Our advanced rapid-prototyping center: 40,000 sq m, eighteen wings, one roof — machining and additive, electronics and cleanroom microfab, chemistry and metallurgy, genomics and bio-fabrication, imaging, robotics, and on-prem AI compute — staffed by engineers, open to every company we back and to outside teams who need it. Walk in with a CAD file. Walk out with a working part.

Select any machine for full specifications

/ 01

Additive Manufacturing

Metal and polymer 3D printing for functional prototypes and low-volume production.

Equipment07
  • Metal laser powder-bed (DMLS/SLM)EOS M 290 · SLM NXG · Velo3D Sapphire
  • Polymer SLSEOS P 396 · Formlabs Fuse 1+
  • Industrial FDM / FFFStratasys F370
  • Continuous-fiber FFFMarkforged X7
  • Resin SLA / DLPFormlabs Form 4 · Carbon M-series
  • Large-format polymerBigRep PRO · Massivit
  • Metal binder jettingDesktop Metal · HP Metal Jet
/ 02

CNC Machining & Turning

5-axis, mill-turn, Swiss, and large-format machining — plus EDM and ultra-precision diamond turning — across metals and engineering plastics.

Equipment11
  • 5-axis machining centerDMG MORI DMU 50 · Haas UMC-750
  • 3-axis vertical millHaas VF-2
  • CNC lathe / turningHaas ST-20 · DMG MORI NLX
  • Wire EDMMitsubishi MV-series
  • Sinker EDMMakino EDAF
  • Mill-turn multitasking centerDMG MORI NTX · Mazak Integrex
  • Swiss-type CNC latheCitizen Cincom · Star SR
  • Horizontal machining centerMakino a-series · pallet pool
  • 5-axis bridge / gantry milllarge-format 5-axis
  • Ultra-precision diamond turningMoore Nanotech 350
  • Vertical turning lathe (VTL)large-diameter turning
/ 03

Sheet Metal Fabrication

Cutting, punching, and forming for enclosures, brackets, and structural sheet parts.

Equipment04
  • Fiber laser cutterBystronic · Trumpf TruLaser
  • CNC press brakeTrumpf TruBend
  • Abrasive waterjetOMAX · Flow
  • CNC turret punchAmada
/ 04

Electronics Lab

PCB fab, reflow, and bring-up — get from schematic to a powered board same day.

Equipment05
  • PCB prototyping mill / laserLPKF ProtoMat · ProtoLaser
  • SMT pick-and-placebenchtop placement
  • Reflow oven + stencil printerassembly line
  • RF test benchKeysight VNA + spectrum analyzer
  • Bench instrumentsscopes · logic analyzers · PSUs
/ 05

Metrology & QA

CT scanning, CMM, and optical inspection to validate every dimension and tolerance.

Equipment06
  • Industrial CT scannerZEISS METROTOM · Nikon X-ray CT
  • Coordinate measuring machineZEISS CONTURA · Hexagon
  • Structured-light 3D scannerGOM ATOS · Artec
  • Optical comparator + profilometersurface roughness / form
  • Universal tensile testerInstron
  • Hardness testerRockwell / Vickers
/ 06

Composites & Casting

Layup, cure, and casting for next-gen materials and short-run tooling at prototype scale.

Equipment04
  • Autoclave / out-of-autoclave ovencomposite cure
  • Vacuum-bag layup benchclean prep area
  • Vacuum urethane castingMCP · Renishaw
  • Investment casting setuplow-volume metal parts
/ 07

Surface Finishing & Coating

Functional and cosmetic finishing, coating, and heat treatment to spec.

Equipment05
  • PVD / sputter coaterthin-film coatings
  • Powder-coat boothcure oven
  • Media / sand blastingsurface prep
  • Vibratory tumbler / deburringmass finishing
  • Heat-treat furnacesanneal · temper · stress-relief
/ 08

Design Engineering

On-staff mechanical and electrical engineers to refine DFM alongside your team.

Equipment04
  • CAD / CAE simulation workstationsFEA · CFD · topology
  • Handheld 3D scannerArtec — reverse engineering
  • Room-scale scannerlarge-part capture
  • DFM review stationdesign-for-manufacture sign-off
/ 09

Genomics & Sequencing

Short- and long-read DNA/RNA sequencing and library prep for synthetic biology and bio-manufacturing.

Equipment06
  • Short-read NGS sequencerIllumina NovaSeq X Plus
  • Nanopore long-read sequencerOxford Nanopore PromethION 48
  • HiFi long-read sequencerPacBio Revio
  • Semiconductor sequencerThermo Fisher Ion Torrent Genexus
  • DNA-nanoball sequencerMGI DNBSEQ-T7
  • Avidity sequencerElement Biosciences AVITI
/ 10

Bio-Fabrication & Lab

Wet-lab automation, analysis, and bio-fabrication for cells, proteins, and engineered biomaterials.

Equipment07
  • 3D bioprinterCELLINK BIO X6 · Allevi
  • Spectral flow cytometer / sorterBD FACSymphony · Sony
  • Laser-scanning confocal microscopeZEISS LSM 980 · Leica STELLARIS
  • High-resolution LC-MSThermo Orbitrap · SCIEX · Agilent
  • Droplet digital PCR / qPCRBio-Rad QX600 · CFX Opus
  • Automated liquid handlerHamilton STAR · Tecan Fluent · Opentrons
  • Enzymatic DNA synthesizerDNA Script SYNTAX · Twist
/ 11

MRI & Advanced Imaging

Next-generation magnetic resonance imaging — from ultra-high-field research magnets to portable point-of-care systems.

Equipment04
  • Ultra-high-field 7T MRISiemens MAGNETOM Terra.X
  • Whole-body 5T MRIUnited Imaging uMR Jupiter
  • Next-gen 3T MRIPhilips MR 7700 · GE SIGNA
  • Portable point-of-care MRIHyperfine Swoop · 0.064 T
/ 12

Robotics & Humanoid Prototyping

Actuator manufacturing and a whole-body test lab for legged robots, humanoids, and advanced automation.

Equipment09
  • Gear hobbing & grindingGleason · Reishauer · Kapp Niles
  • Motor winding & magnetizingframeless BLDC / torque motors
  • Actuator dynamometerMagtrol · custom dyno
  • Battery pack assembly & cyclerArbin · Neware
  • Optical motion-capture volumeVicon · OptiTrack
  • Instrumented treadmill & force platesBertec · AMTI
  • 6-axis force / torque test rigATI F/T · custom
  • Hardware-in-the-loop (HIL) rigdSPACE · Speedgoat
  • Vibration & environmental / EMC labshaker · thermal/IP · EMC
/ 13

Compute & Autonomy

On-prem AI compute, simulation, and an autonomy test range — the digital foundry behind physical AI.

Equipment08
  • GPU training clusterNVIDIA DGX H100 · HGX B200
  • Liquid-cooled HPC rackInfiniBand fabric
  • Simulation & digital-twin farmOmniverse · Isaac Sim · CARLA
  • Sensor calibration & data rigcamera · LiDAR · radar · IMU
  • Autonomy hardware-in-the-loopperception / planning in-loop
  • UAV flight cagenetted arena · mocap · GNSS sim
  • Closed-course autonomy rangeinstrumented proving ground
  • Edge AI bring-up benchNVIDIA Jetson · automotive SoC
/ 14

Chemistry & Process

A full synthesis and process-chemistry lab — from first reaction at the bench to continuous-flow scale-up.

Equipment08
  • Fume-hood synthesis suiteSchlenk lines · bench chemistry
  • Flow & continuous reactorscontinuous-flow chemistry
  • Parallel reactor & calorimeterreaction calorimetry
  • Inert-atmosphere glovebox<1 ppm O₂ / H₂O
  • Rotary evaporation & recoveryrotovap · distillation
  • HPLC purificationprep & analytical HPLC
  • Gas chromatograph (GC)Agilent · Shimadzu
  • Potentiostat / electrochemistryGamry · BioLogic
/ 15

Spectroscopy & Spectrometry

The analytical core — identify any molecule, material, or element from its spectral fingerprint.

Equipment07
  • NMR spectrometerBruker · 400–600 MHz
  • Mass spectrometry (LC-MS / GC-MS)Thermo · Agilent
  • FTIR spectrometerBruker · PerkinElmer
  • Raman spectrometerRenishaw · Horiba
  • UV-Vis & fluorescenceAgilent · PerkinElmer
  • ICP-MS / ICP-OESThermo · PerkinElmer
  • X-ray fluorescence (XRF)Bruker · benchtop + handheld
/ 16

Metallurgy & Materials

Melt, heat-treat, and test metals — from custom alloys to the microstructure and mechanical properties that define them.

Equipment08
  • Vacuum induction & arc meltingcustom alloys · button arc
  • Heat-treatment furnacesvacuum & atmosphere
  • Metallographic prep labcut · mount · polish · etch
  • Optical metallographymicrostructure · image analysis
  • Hardness testersRockwell · Vickers · Brinell
  • Universal testing machinetensile · fatigue
  • Optical emission spectrometerspark OES · alloy ID
  • Hot isostatic press & sinteringHIP · powder metallurgy
/ 17

Cleanroom & Microfabrication

ISO-class cleanrooms and a full micro/nano-fab line — lithography, deposition, and etch for chips, MEMS, photonics, and microfluidics.

Equipment09
  • ISO-class cleanroom suitesISO 5 · 6 · 7 bays
  • Photolithography & mask alignmentspin · align · expose · develop
  • Maskless / direct-write lithographyHeidelberg · laser writer
  • Thin-film deposition (PVD)sputtering · e-beam evaporation
  • CVD / PECVD / ALDconformal film growth
  • Plasma & reactive-ion etchRIE · ICP · DRIE
  • Wet-process & etch benchesRCA clean · wet etch · fume
  • Wafer dicing & wire bondingDISCO · back-end packaging
  • Inline metrologyprofilometer · ellipsometer
/ 18

Vacuum & Thermal Processing

Vacuum chambers and heat-treatment chambers — from space-grade thermal-vacuum testing to brazing, curing, and environmental cycling.

Equipment08
  • Thermal-vacuum (TVAC) chamberspace-qual · thermal cycling
  • High-vacuum process chamberHV / UHV · outgassing
  • Vacuum brazing furnaceflux-free joining
  • Vacuum heat-treatment furnacebright anneal · harden
  • Atmosphere & tempering furnacescontrolled-atmosphere
  • Composite curing autoclavepressure + heat cure
  • Environmental test chambertemp · humidity cycling
  • Thermal-shock & cryogenic chamberhot/cold shock
For our portfolio

The founders we back

Every ShockwaveLabs company gets priority, hands-on access to the entire floor — included, no queue, no outsourcing.

For partners

Companies who need the floor

X-Wave is open beyond our portfolio. Bring cross-disciplinary R&D that spans more fields than any one lab — or book time on a high-end machine you don't have in-house, with the engineers who run it.

For sponsors

Sponsor a machine

Sponsor any machine on the floor and earn usage credits redeemable across the entire lab. Fund the equipment you care about — and get flexible access to everything else on the floor.

Built to scale

We connect you to your supply chain

A prototype is one unit; a product is ten thousand. When you're ready to scale, we plug you into the industry — finding the suppliers and contract manufacturers who can mass-produce the exact part you need, from a high-precision screw to a custom casting, so you can ship at volume.

Beyond the build

We connect makers to their market

We also help a new generation of product designers and developers find the unique customers their products are made for — matching what you make to the people, communities, and markets that need it.

Accredited services

Calibration & certification

Our metrology and measurement floor is curated to an exacting standard — so X-Wave also offers calibration and certification as a service to outside customers, with traceable, documented results on demand.

04 / How We Work

From conviction
to production.

Invest

We lead or co-lead, write fast, and back conviction with operating support — not just a wire.

Prototype

Founders plug into X-Wave to slash iteration cycles from quarters to days.

Scale

We open our manufacturing network to move from prototype to repeatable production.

Compound

Wins recirculate — talent, suppliers, and learnings shared across the whole portfolio.

The only question left

If you can build anything…

What will you build?

Building something physical?

Let's make
it real.

If you're a founder turning hard science into hardware, we want to see it. Send us the deck, the demo, or just the napkin sketch.

Not a founder? Companies can partner with X-Wave for cross-disciplinary R&D and machine time, sponsor a machine for lab-wide usage credits, or use our accredited calibration & certification services.