Real market thesis
A technology with an early or strategic market position.
Engage · Partnerships & Equity
Sweat-equity, shared IP pathways.
Skip the VC. We engage in partnerships structured around technical value-add and deliverables.
01 What this is
We take a long bet on your technology — co-developed with founders building from zero, budding technologies looking for its market, through to established technologies that have some strategy alignment.
02 How the engagement is structured
IP arrangements designed per partnership.
Every partnership is structured explicitly — what IP is shared, what is held, what triggers vesting, what happens if the venture pivots. Three shapes carry most engagements, with most real partnerships ending up as hybrids of them.
The Shapes
Shared IP
Co-developed technology, jointly owned. Commercial rights structured through negotiation.
Equity in the venture
A stake in the company in exchange for sweat-equity contribution. Vesting structured to align with technology delivery milestones.
Hybrid arrangements
Combinations of the above — some IP shared, some sits with the venture. Most real partnerships land here.
R&D within partnerships
Many partnerships include R&D-shaped technical work. Where the work qualifies, we structure it under the Australian R&D Tax Incentive — the same scheme we apply to our own research. This typically reduces the partner's funded technology costs substantially. See R&D Engagements →
This engagement model is selective by design. We take a small number of these partnerships and commit deeply to each.
Selective
by design
by design
03 Who this is for
Partners who recognise themselves.
When there is a market read we both believe in, and a view that technology is the asset. We engage in partnerships structured around technical value-add and deliverables — long-term, capability-led, with shared upside.
If you recognise yourself
Technology is core
Technology that is core to the venture, not adjacent to it.
Technical co-founder
A founder looking for a long-term technical partner, not a contractor.
Technology as asset
A view that technology assets grow with better engineering.
04 Recent partnerships
- Lead Technical Architect Spritely
Enterprise AI. Co-developed agentic search and discovery, knowledge graph-based retrieval across data lake. Architectural lead and ongoing technology direction.
- CTO / Principal Architect Trudi.ai
AI productivity SaaS for property management. Full lifecycle from proof-of-concept to MVP. Graph and RAG search as the product's competitive differentiation.
- Open-source partner mgraph
The firm's own ground-up bet — distributed engine for complex data types, structured for long-term IP development and commercial optionality.
- Near-term commercial release Apple Silicon GPU Vector Database
First-of-its-kind vector database for Apple Silicon unified memory. Structured as a near-term commercial release.
Works with
Other engagement models
01
Strategic Advice
Where strategic thinking precedes the partnership decision.
Read more →02Engineering & Development
Where the technical work delivered under a partnership gets executed.
Read more →03Research & Development
Where the same engagement structure carries open or research outcomes.
Read more →Capabilities
01
Software Development
The engineering depth that partnerships are built on.
Read more →02AI, ML & Neural Architectures
Where intelligent systems are increasingly the differentiator.
Read more →03Technology Strategy
Where partnership require additional technology strategy in their venture.
Read more →Contact
Tell us what you're working on.
We reply within two business days. If a call would be faster, book a thirty minute conversation.
Prefer to talk?
Book a thirty-minute call