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Substrate

private
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Substrate is a privately held company tracked for investment-relevant business and technology developments.

sentiment mix
bull 100%bear 0%neu 0%

funding rounds

private markets
awaiting round data

This slot renders the company's funding history: dates, rounds, amounts, valuations and lead investors once populated in data/funding-rounds.json.

signal summary

latest high-conviction thesis
Substrate called the 'substrate of technology' and top exciting inflecting investment▾

Substrate provides foundational technology infrastructure that Banister believes is necessary for the future; one of three most exciting investments currently inflecting in her portfolio.

cyan banisterT2Sourcery VC2026-07-10
confidence 78 / 100impact High
key themes
  • Defense Tech100%
  • Open Source AI100%
  • Space Economy100%
  • Advanced Manufacturing100%
  • AI Infrastructure100%

bull thesis · 1

91 / 100
  • •Substrate called the 'substrate of technology' and top exciting inflecting investment

bear thesis · 0

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mentions · 1

Sourcery VC"Dig Through Your Couches. SpaceX Needs It." Cyan Banister on Luke Nosek's Pitch1 mentions · 1▲ 0▼ 0○ · 3 months ago
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