Untapped Capital

Untapped Capital is a venture capital firm founded in 2020 by Yohei Nakajima, focusing on early-stage investments in artificial intelligence and frontier technologies. The firm employs a 'build in public' strategy, openly sharing prototypes, experiments, and ideas to engage with founders and contribute to the ecosystem. This approach allows Untapped Capital to identify and support innovative startups outside traditional Silicon Valley networks.

The firm's investment strategy has evolved from a reactive approach in its first fund to a more proactive model in Fund II. This involves spotting emerging trends early, building conviction in new categories, and proactively reaching out to relevant startups. Untapped Capital's portfolio includes companies such as Avol Aerospace, DocDraftAI, Olive, Basil Systems, Illusion of Life, PaymanAI, FalkorDB, Anyreach, Salmon, Layers, and Neo.

Led by Yohei Nakajima, a venture capitalist and entrepreneur known for creating BabyAGI, the first open-source autonomous agent with task planning capability, Untapped Capital combines investing with constant experimentation at the intersection of AI, software, and online communities. The firm's 'build in public' approach helps the team understand emerging technologies more deeply and engage with founders ahead of other investors.