The Financial Architecture of the AI Boom

AI has changed from a software business to an infrastructure business. That changes how the industry is financed and where the risk accumulates. For thirty years, big tech proved it did not need debt. Microsoft issued its first corporate bond in 2009. Google in 2011. Meta in 2022. These were…

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India Already Tried This Once

India’s robotics ecosystem is advancing rapidly, but its biggest bottleneck remains the precision manufacturing layer beneath the AI. In 2000, a Bengaluru company built a robotic arm where every joint was independently intelligent and networked. It was a feature that would not become a standard in collaborative robots globally for…

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The Path to Venture Capital in Latin America

On a 3-week tour of Buenos Aires, São Paulo, and Mexico City, as I listened to founders, LPs, fund managers, and family offices across the region, I kept coming back to one conclusion: Latin America does not need to become Silicon Valley. And perhaps the biggest mistake we make is…

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Investment Analysis in the Age of AI

Inside Capria’s approach to building a successful AI-native investment process. When Capria decided to become an AI-native fund in 2023, we made one commitment above everything else: AI would adapt to us, not the other way around. We would never outsource our thinking to it, let it reshape our thesis,…

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Lessons from 12 Legendary Investors

The Playbook behind legendary Investors How does one person — investing alone, with no analyst team — repeatedly back Stripe, Airbnb, Coinbase, and Figma before most institutional firms did? Elad Gil’s track record is comparable to the best venture funds of the last decade, built with no partners, no investment…

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Voice AI is at an inflection point — from transaction to relationship

When that changes, entirely new categories open up — healthcare navigation, companionship, consultative sales, personal assistance, financial guidance. Six dimensions separate where Voice AI stands today from where it needs to go. Here is an honest map of each one. Last month, I made a simple mistake. Booked two hotel…

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Why we Invested in Flextock

For the 3M+ SMEs in Egypt operating offline, e-commerce has long felt out of reach. The challenges are basic and structural: unreliable delivery, high return rates, cash-on-delivery constraints, and limited access to working capital. When Mohamed Mossaad and Enas Siam set out to build Flextock, their aim was to remove…

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.