Aerospace & Defense
Autonomy is reaching the systems that defend the country, so capability stops being limited by how many people you can put in harm's way.
Crosscourt partners with entrepreneurs transforming and enhancing the physical world.
01Thesis
02Companies
Our investment portfolio spans aerospace, defense, energy, robotics, manufacturing, healthcare, and the infrastructure that moves the world.
Autonomy is reaching the systems that defend the country, so capability stops being limited by how many people you can put in harm's way.

Tom Mueller
Founder & CEO Impulse Space
“We're building more than spacecraft: we're building the economic and technical engine that will power humanity's expansion into space.”
Quote 1 of 14: We're building more than spacecraft: we're building the economic and technical engine that will power humanity's expansion into space. — Tom Mueller, Impulse Space
03Writing
Musings on AI, venture, and the companies shaping what comes next.
AI
4 min read
Why training LLMs on internet corpora may be as much a liability as an asset — and how epistemic uncertainty could trigger genuine first-principles reasoning.
Francesco Favaro
Co-founder
AI
5 min read
Using a framework grounded in first-principle information theory and a hiking analogy to explain why AGI should be seen as an unavoidable outcome of current advancements.
Francesco Favaro
Co-founder
Venture
9 min read
Both professional tennis and venture capital reward probabilistic thinking, calculated risk, and systematic decision-making under uncertainty. A look at the parallels.
Francesco Favaro
Co-founder
Albert Wang (guest)
Qualcomm Ventures
04Founders
We are former operators partnering with technical founders solving hard problems in the physical world. If that's you, we'd like to hear from you; the earlier the better.

Francesco Favaro
Co-Founder & Managing Partner
Builder and financier of the physical world. Deepwater oil & gas project developer at Eni, developer and financier of $10B+ of renewable energy and transportation projects at Macquarie, then strategy and emerging products at Uber Freight. Roboticist by training, with an MBA from AGSM and 3 ultra-marathons on his legs.
LinkedIn
Anup Goel
Co-Founder & Managing Partner
Engineer, turned investor, turned operator, turned investor. Anup started as a materials engineer at Lockheed Martin and NASA, has spent ~20 years investing across private and public markets, and did three tours as a finance executive before co-founding Crosscourt. Berkeley engineer, Kellogg MBA, forever space-gazer.
LinkedIn