Modern Capital

Modern Capital is a venture capital firm co-founded in 2025 by Suhail Nimji, former Chief Strategy Officer at Jasper AI and ex-SVP of Advanced Technology and Partnerships at Wells Fargo, headquartered in San Francisco. The firm invests in early-stage, frontier technology startups. Its focus centers on AI infrastructure and deep-tech categories, including semiconductors, clinical/biotech decision analysis, educational software, and productivity software, reflecting a broad early-stage technology thesis rather than a single vertical. Notable investments include Ricursive Intelligence (AI chip design, $35M seed alongside Sequoia), Engram ($98M seed round), Periodic Labs, Biossil, and Principia Labs. Rounds are typically seed or early-stage venture. Modern Capital's approach favors backing technical founders at the earliest, "startup"-stage companies in AI-adjacent hardware and software, often co-investing alongside established firms like Sequoia Capital. Its criteria appear to emphasize frontier technical teams and category-defining potential in emerging computing and AI infrastructure markets.