MCJ

A few favorite moments from MCJ Summit.

Congratulations to Chase Lochmiller, Cully Cavness and the entire Crusoe team on today's $1.375Bn Series E funding announcement at a >$10Bn valuation led by Valor Equity Partners and Mubadala to help the company scale vertically integrated AI infrastructure with an energy lens. MCJ is now a 5-time investor in Crusoe and we have been blown away by the company's vision and execution. Chase joined me last week in San Francisco at MCJ Summit for a live on-stage pod recording of Inevitable...episode dropping soon! https://lnkd.in/d7Ex6W9e

Our gratitude handouts continue with Heirloom. Ahead of MCJ Summit last week, attendees had the chance to visit several MCJ portfolio companies for a behind-the-scenes look at their work. The Heirloom team offered a fascinating tour of their facility, showcasing how they’re scaling direct air capture (DAC) technology to remove CO₂ from the atmosphere using limestone. Huge thanks to everyone at Heirloom for opening your doors, sharing your progress, and helping bring carbon removal innovation to life.

Pacific Fusion is building fusion power plants designed to deliver affordable, clean, and reliable base-load power. A group of lucky MCJ Summit attendees got a behind-the-scenes look inside Pacific Fusion’s Fremont HQ last week, seeing firsthand how the team is accelerating progress toward commercial fusion energy. Huge thanks to the entire Pacific Fusion team for hosting us!

We wanted to take a moment to thank all of our attendees and supporters for making the inaugural MCJ Summit one we’ll never forget. This really was more than just a Summit… It was a day filled with thoughtful conversations, small-group breakout sessions around timely topics, 1:1 matchmaking, a live recording of the Inevitable podcast, and more meaningful connections than we can count. It was a reminder of why we do what we do: to help accelerate the commercialization of solutions that will define our global economy. A huge thank you to the 60+ industry leaders and 40+ startups who joined us and to our sponsors for making the day possible: Autodesk Foundation, Borusan Ventures, Cedar Grove LLP, CSC Leasing, Mitsui O.S.K. Lines, Ltd., Obayashi Corporation (North American Regional Headquarters), Palantir Technologies, and Safire Partners. And a special shout-out to our speakers and panelists from the MCJ portfolio and beyond for sharing their insights and expertise.

This week on Inevitable, our guest is Juliann Edwards, Chief Development Officer at The Nuclear Company. The Nuclear Company believes it can crack what’s holding nuclear back in America. Rather than inventing new reactor designs, they’re using proven models and targeting “the other 88%” of costs: construction, financing, and project management. In this episode, Juliann and Cody discuss The Nuclear Company's approach to fleet-scale deployment and its newly announced partnership with Palantir Technologies to build an AI-powered operating system to orchestrate these projects. Listen to the full conversation wherever you get podcasts.

Congratulations to Zach Dell, Justin Lopas and the Base Power Company team for today's funding milestone, a $1Bn Series C fundraise. We're proud 3x investors in Base here at MCJ. But more important than the money in the door is the vision that the company has. Power outages are more frequent all across the country, due to extreme weather and the instability of our aging power grid. In two years, Base has become one of the fastest growing energy companies in the country via its residential battery footprint, bringing more than 100MW of battery capacity to homeowners, developing a growing partnership roster, and building a footprint across Texas' major cities. Now with substantial capital, the company can double down on building itself into the next great American power company, one that's all-electric and technology-first. More here in the NYT: https://lnkd.in/dp2h6pbC

Most people think carbon removal starts in the air, but Captura takes a different approach. Steve Oldham, CEO of Captura (and former CEO of Carbon Engineering), joins Cody on Inevitable to break down Direct Ocean Capture (DOC) and why seawater is a smarter starting point. How do you think DOC compares to Direct Air Capture (DAC)? Listen to the full episode and share your thoughts in the comments. 🎧 https://mcj.news/captura

What a week in NYC! A big shout-out to all the founders, investors, and friends of MCJ who joined us for a special dining experience surrounded by masterpieces from the one and only Bob Ross.