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On Target Labs Partners with French Company

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    Why We Invested in Pluto Aerospace: The scarcest resource in hypersonics is a test flight

    Chris Nilsen likes to say "it's cheaper to put a satellite into orbit than to test a thermocouple on a rocket here on Earth." His company, West Lafayette-based Pluto Aerospace, was built to change that. Pluto recently raised $2.5 million in a round led by FUSE, and Elevate Ventures invested alongside them.

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    Quantum Computing: The Market Is Mispricing the Stack

    We see quantum computing as a key technology with the potential to significantly change our lives in the not-so-distant future. As such, we think it’s worth the investment of brain power to dive in. Brace yourself for quite the atomic performance (you’ll have to read to understand the reference). Enjoy!

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    2026 Venture Report: Crossing The Tilt

    We are in what we've coined The Great Tilt: a period where productivity gains are accelerating faster than society's ability to absorb them. Technology is compounding quickly, but institutions, skills, and personal certainty lag behind. Output rises, metrics look strong, yet consumer sentiment sits below the hard data.

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