Capital is abundant. Alignment is scarce.
Blankline takes capital from a small group of partners whose timeframe and goals match a research lab. We are looking for partners who can stay with us through long research, not for the biggest round or the highest price.
Investor relations are open for the first time since 2024. We are taking a small number of new partners into this round and do not expect to open again for several years. Reviews run in the order they arrive.
Start a conversation, ir@blankline.orgThree positions. No exceptions.
Patient by default.
Our research takes years to play out. We work with partners who are comfortable with that, with no pressure to sell early, no clauses that force a faster exit, and no quarterly targets tied to revenue.
Governance before terms.
Every term sheet is reviewed by our Governance and Advisory Council before the board looks at it. The Council can say no on mission grounds alone, regardless of valuation or check size.
Mission, not just upside.
Our work is AI research that helps science move forward and uses less energy doing it. Investors should care about both, and be comfortable with an approach that puts safety ahead of speed.
Three things, in order.
Not boxes to check on a diligence form. These are the things that make a partnership work over ten years, not one round.
Funds that are built to wait: university endowments, sovereign wealth funds that back basic research, family offices that think in decades.
Investors who have read the research, understand how our products work, and are not asking us to water down either one to grow faster.
No board control, no early access to research before we publish it, no say over how we govern ourselves.
Three steps. Short on purpose.
Most conversations end at step two, and we explain why. The ones that continue do so on standard terms.
About the Governance & Advisory CouncilIntroduction
A short note to ir@blankline.org: who you are, how the fund is set up, and what about the work you want to back.
Mission review
The Governance and Advisory Council looks at the fit between your fund and our work. Most conversations end here, and we explain why.
Diligence and terms
If the mission review passes, we share materials and open a standard diligence and term sheet process with the board.
Read first. Write second.
The clearest sign a conversation will work is that you already know what we publish. Start there. If the mission and the way we work still fit, we are easy to find.