Sugar -free capital raises an opening box of $ 32 million to support the founders of the Massachusetts Institute of Technology.

Xina Gindall from Boston.

I grew up there, attended the Massachusetts Institute of Technology, and worked in the Boston Consulting Group for several years. A young company launched, worked for an emerging company, and then became an investor in Bessamer and Comcast Ventures (CV).

Last year, her worlds collided when she decided to launch her Sugar Free Capital, a company that focuses on investing in technical founders from the Massachusetts Institute of Technology. LPS, including family offices of heavy technology executives such as NVIDIA and Citadel, were arrested, and on Monday announced the closure of the 32 million dollar Sugar Free Fund.

One hypothesis of the box was found in the name. While working on the CV, she led dozens of deals but found herself a dismay from high assessments in the afternoon of the 2021.

From there, I began to think about creating the past few years and how to focus on improvement. “But we really enter the era of intelligence,” she said. I designed a thesis on the idea that capturing the era of intelligence will require two things: technical founders, often who have a “systems engineering mindset”, which is brought by the Massachusetts Institute of Technology, and its concentration.

“The data has historically showed us that the project returns are concentrated between a selection of the winners.”

Focusing on the Massachusetts Institute of Technology also has another reason. Unlike Harvard and Stanford, there is no large group of graduates of the Massachusetts Institute of Technology who are investors in the early stages, although the founders of the Massachusetts Institute of Technology often continue to start and work in profitable companies. “The people of the Massachusetts Institute of Technology go to funding, but they go to more quantitative roles.”

This white space gives Jindal, a rare individual woman, a great opportunity. She plans to invest in 15 early companies (already supported by four), and she wrote checks ranging from one million dollars to $ 5 million. The company focuses on the original infrastructure of artificial intelligence and chooses a new topic every quarter to focus on. For example, in this quarter, they are looking for companies that focus on physical artificial intelligence, improving the data center, and artificial intelligence agents.

Sugar Free has already supported a defense company, a game company and a company in automating workflow. Jindal hopes to reduce at least four to five checks per year. Many of the incoming received from it to the founders or referrals, but it is open to cold awareness.

In general, Jindal feels lucky with this box. It was a fundraising environment and difficult for many doctors, especially those alone, especially women. She said that LPS liked her company to have provided good access to the talent of the Massachusetts Institute of Technology and has a clear thesis.

“We are in the transition period between this new global system of original technology of artificial intelligence, infrastructure models and business in the past,” said Jindal. “I am excited to see how we can combine these two consensus in terms of infrastructure, technology and human experience, and this is really exciting.”