Solari Capital Launched With $350 Million Deployed
The new venture firm targets AI and biotech startups based on a thesis that physical assets are becoming programmable code.
Updated on Sept. 25, 2026 in Startups
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AJ Scaramucci has launched Solari Capital, a new venture firm that has already deployed $350 million across a portfolio of early-stage and growth-stage companies. The firm focuses on industries ranging from AI and gene therapy to aerospace and blockchain infrastructure.
Why it matters
Solari Capital operates on the thesis that advancements in computing power are turning biology, matter, and finance into editable software code. This approach seeks to capitalize on emerging opportunities by treating physical sectors like software development.
Solari Capital has deployed $350 million across its initial portfolio of startups, including xAI, Suno, Tessera Therapeutics, and Cambrian Bio. The firm is operating against a backdrop of a $25 trillion market for collectible assets, which it aims to influence through its thesis.
The players
AJ Scaramucci
The founder of Solari Capital who is leading the firm's deployment of $350 million into emerging technology sectors.
Ron Conway
A Silicon Valley-based angel investor and prominent backer of the new Solari Capital fund.
Jim Breyer
A venture capitalist and fund backer known for his role in Silicon Valley investment circles.
Eric Schmidt
The former Google CEO and technology executive acting as a key backer for Solari Capital.
The details
The firm combines internal incubation with traditional external venture funding to scale companies across both early and growth stages. Its investment strategy targets programmable intelligence, biology, matter, and finance to transform physical goods into editable code. Backers of the fund include high-profile investors Ron Conway, Jim Breyer, and Eric Schmidt.
Timeline
AJ Scaramucci announced the launch of Solari Capital on September 24, 2026.
Market Landscape
Solari Capital's launch follows the broader industry trend of treating physical assets as software, often referred to as the software-defined-everything movement. This deployment marks a shift toward applying digital infrastructure logic to hardware, space, and biological markets.
Entrepreneurs in the AI, biotech, and aerospace sectors should monitor Solari Capital's portfolio shifts to understand how traditional software metrics are being applied to physical product development. Owners of companies in these spaces should evaluate whether their operational models can support the programmable code approach favored by the firm.
The takeaway
Solari Capital's strategy highlights a trend where venture capital increasingly prioritizes companies that treat physical assets as editable software. Operators should track the firm's progress with Varda Space and Tessera Therapeutics as a signal of how this thesis performs in practice.
Further reading
For more insight into the current venture capital environment, visit Startups.
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