Khosla Ventures

Khosla's energy strategy is concentrated and early — fewer bets, higher conviction, longer holds than most VCs. Several of their fusion investments predate the current funding wave by years. The fund operates with a 20+ year horizon that suits hardware-heavy energy plays where conventional VC timelines fail.

When Khosla follows on in a Series C+, take it as a strong signal — they're already in the cap table from earlier rounds and adding capital implies real milestone progress, not just narrative.