Steel Atlas

Steel Atlas is a New York City-based early-stage venture capital firm founded by Talal Attieh and Cameron Porter, specializing in software and hardware technologies that enhance economic resilience and reshape the industrial economy, with a focus on sectors like the built environment (construction), advanced manufacturing, energy transition (including nuclear), supply chain, and national security. The firm raised a debut $10 million Fund I in 2024 and is targeting $50 million for Fund II as of late 2025, maintaining a concentrated approach by selecting around ten companies per fund while leveraging a global network of industrial conglomerates and bridging opportunities between US startups and Middle Eastern capital, particularly Saudi Arabia. Notable early investments include Transmutex (subcritical nuclear systems, co-led Series A), Valar Atomics (nuclear/fusion), GenLogs (logistics tech), Hedral (automated structural engineering), Group1.ai (battery alternatives), and Substrate, often co-investing with firms like Union Square Ventures, At One Ventures, and AlleyCorp to back deep tech solutions addressing industrial volatility.