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Reactors, Rockets, & Recovery Tech
LFG Ventures presents a weekly newsletter delivering private market (pre-IPO) insights and signals across tech and frontier industries.

Hi Friends,
This week in the frontier economy: the infrastructure layer is shifting fast. Aalo Atomics raised $100M to colocate nuclear microreactors with AI data centers, bringing power to where the models run. Gemini filed to go public, joining a fresh wave of crypto exchanges leaning into regulation and public markets. Anthropic is back in the raise with a $10B target that could put its valuation ahead of OpenAI. SpaceX is set to launch its next full-stack Starship flight on Sunday, pushing closer to orbital reusability. And Eight Sleep secured $100M to turn your bed into a biometric, AI-powered recovery system. Energy, AI, crypto, and wellness are converging into a new stack of real-world tech.
Let’s get into it.
📡 Radar
☢️ Aalo Atomics is Building the Future of Power + Compute
Fresh off a $100M Series A, Aalo is building a compact microreactor paired directly with an AI data center. Their thesis: instead of chasing grid upgrades, colocate nuclear-powered compute where it’s needed most. It’s a fusion of energy and infrastructure. Backers include Breakthrough Energy, Lowercarbon, and Gigascale Capital. This is one of the first truly nuclear-native bets on AI infrastructure. Many of you have reached out for exposure to this space and we are working on it! Techcrunch
🪙 Gemini Files to Go Public
The Winklevoss twins’ crypto exchange has filed to list on Nasdaq under the ticker $GEMI. Despite a $282M loss in the first half of 2025, Gemini saw trading volume jump 50 percent and assets under custody climb to $18B. It would be the third major U.S. exchange to go public after Coinbase and Bullish, signaling renewed momentum in crypto infrastructure plays. The Street
🧠 Anthropic is Raising Another $10B
Claude’s parent company is back in the market, seeking up to $10B in new funding. That’s on top of the $6.4B it already raised this year. Investors are being pitched at valuations as high as $170B, potentially leapfrogging OpenAI. With Amazon, Google, and top-tier funds already in the cap table, this round would further cement Anthropic as a core AI infrastructure bet. Seeking Alpha
🚀 Starship is Launching on Sunday
SpaceX has scheduled Starship Flight 10 for Sunday, August 24, with liftoff targeted for 6:30 p.m. CDT. The mission will test full-stack launch, controlled descent, and reusability features. Booster recovery is planned for the Gulf of Mexico, while the upper stage will attempt in-space engine relight before splashing down in the Indian Ocean. If all goes to plan, this will be their closest push yet to full orbital reusability. USA Today
🛌 Eight Sleep raises $100M to upgrade your sleep
Eight Sleep just secured $100M from Valor and Founders Fund to bring AI deeper into your bedroom. Their product roadmap includes dynamic temperature control, real-time biometric monitoring, and sleep coaching personalized to your recovery patterns. Think of it as a smartbed that adapts like a self-driving car. The wellness-tech convergence is heating up, and Eight Sleep is betting big on being the Tesla of recovery. TechCrunch
💬 Prompt
Where should we begin?
Act as a macro analyst. Based on the current state of interest rates, public markets, and venture fundraising, give me a 90-day strategy for raising capital as a startup founder.

📢 Updates
🏈 Bots to Buckeyes
We did not have ‘Anduril sponsors Ohio State Athletics’ on our 2025 bingo card. But here we are. Defense tech is now inside the red zone. 🚨
🧠 Wisdom
🌀 Strange Ideas
Nothing sharpens your thinking like taking ideas you don’t understand seriously. Ryan Holiday nails it here. Worth a follow if he’s not already on your radar.
Talk to people whose ideas you don’t understand. Take them seriously. A fool relies on straw man caricatures of their opponents’ arguments so they never have to feel seriously challenged, so they are never faced with the confusing possibility of having to consider two things that
— Ryan Holiday (@RyanHoliday)
4:03 PM • Aug 18, 2025
Have a great weekend!


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