Unless

Unless is an investment firm based in Boulder, Colorado, founded in 2021, that focuses on impact-oriented industrial entrepreneurs and investors. The firm employs venture capital and private equity strategies to invest in sectors such as artificial intelligence, robotics, advanced manufacturing, and electrification. By leveraging insights from a network of multidisciplinary experts, Unless aims to deploy capital effectively for both financial returns and meaningful societal impact. The firm is positioned at the forefront of the new industrial revolution, recognizing key inflection points in technology and market dynamics. Through collaboration with top technology ecosystems, Unless guides its investments while navigating the evolving landscape of innovation and human behavior.

Josh Blanchfield

Partner and Chief Investment Officer, Perpetual Alpha

Joshua Blanchfield

Partner and CIO - Perpetual Alpha

Peter Joers

Partner

Aaron Marsh

CFO

Elisabeth Reynolds

Partner

Trevor Zimmerman

Co-Founder and Managing Partner

4 past transactions

Alloy Enterprises

Series A in 2023
Alloy Enterprises Inc., based in Somerville, Massachusetts, specializes in developing 3D printing technologies aimed at addressing inefficiencies in traditional manufacturing processes. Incorporated in 2020, the company focuses on industrial engineering and manufacturing solutions, particularly in the production of aluminum components. Alloy Enterprises has created an innovative aluminum additive technology that allows for the production of dense and cost-effective parts without the use of expensive and hazardous powders. This advancement enables clients to overcome the limitations posed by conventional manufacturing methods, promoting innovation and facilitating progress in lightweight design and emissions reduction.

Xwing

Venture Round in 2022
Xwing, Inc. is a technology company based in San Francisco that specializes in autonomous flight systems for unmanned aircraft. Founded in 2016, Xwing develops software that integrates sensors and mapping capabilities with onboard flight control systems, enabling regional aircraft to navigate, take off, and land safely. The company's solutions are designed for aerospace manufacturers, facilitating the safe operation of uncrewed aircraft in various airspaces under ground supervision. By assembling a team of experts from the aerospace and software industries, Xwing aims to advance the future of pilotless flight for small passenger aircraft.

Panthalassa

Series A in 2022
Stealth Mode Green Energy Startup

Sustainment

Convertible Note in 2021
Sustainment is an online software platform that efficiently connects manufacturing vendors and heavy industry to enable American manufacturing. Their platform incorporates data infrastructure technology, algorithm-based matching and optimization, encrypted transfer protocols, semi-autonomous sourcing techniques, and excellent UX design to provide an intuitive customer experience for sourcing teams and manufacturing vendors.
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