Investment Thesis

Three domains. One security imperative.

Biotechnology × Microelectronics × Robotics

One convergence defining national security — and a platform positioned ahead of the market. Each domain is strategic on its own; together they are inseparable.

Market Scale

Security and growth are the same bet.

These are not defense niches. They are the industrial base that grows GDP — and the same base a nation’s security ultimately rests on.

/ 01

$2.3T

Combined global market today across microelectronics, biotechnology, and robotics — commercial demand, not a defense line item.

/ 02

~$5T

The same three markets by 2030 on current forecasts — roughly double in five years, driven by AI, biologics, and automation.

/ 03

5.1%

Of U.S. GDP from the bioeconomy alone — larger than the construction industry and on par with the information sector.

/ 04

26M

U.S. workers in the 300+ downstream sectors that depend on semiconductors. Every direct chip job supports 5.7 more.

Our Focus

Three converging domains. One national security lens.

The Lens

National Security

Every thesis area is underwritten against a defense and dual-use mission need.

Domain 01 Microelectronics

MICRO

The spectrum, silicon and compute that decide who sees and acts first.

Advanced semiconductors & packaging, photonics, MEMS & sensing, trusted & radiation-hardened electronics.

  • EW & spectrumElectromagnetic warfare, sensing
  • Edge computeProcessing at the point of need
  • QuantumSensing, timing, cryptography

Domain 02 Life Sciences

BIO

Domestic capacity to design, test and manufacture biology at scale.

Biomanufacturing platforms, biosecurity & rapid diagnostics, synthetic biology & bio-materials.

  • BiomanufacturingOnshore production capacity
  • PlatformsCRO / CDMO infrastructure
  • Drug developmentTherapeutics & countermeasures

Domain 03 Autonomy

ROBOTICS

Autonomous systems, and the modern factories that build them.

Autonomous ground, air & maritime systems, human-machine teaming & mission AI, unmanned platforms & edge autonomy.

  • AI & autonomyDecision and control layers
  • DronesUncrewed air, ground, maritime
  • Manufacturing 4.0Automated industrial production

The Intersection

The intersection is our lens — not a limit.

We back disruptive technology across all three arenas; the convergence is how we read government priorities and where our edge compounds. Modern capabilities do not operate in isolation: biosensors depend on advanced chips, autonomous systems combine sensing, computation, and action, and biomanufacturing increasingly relies on robotics, data, and intelligent systems.

  • Biosensing & bio-integrated chips
  • Neuro- & physiological interfaces
  • Autonomous biomanufacturing
  • Distributed sensing for biosurveillance
  • Lab automation & AI-driven discovery
  • Dual-use platforms with program-of-record pull

Sourcing Advantage

From ecosystem to curated pipeline.

Step / 01

ARI hub network

CHIPS Act and federal program networks spanning microelectronics, biotech, and autonomy.

Step / 02

Research validation

Applied research programs technically de-risk companies before capital ever arrives.

Step / 03

Proving Ground Capital (PGC) advisory

Paid engagements build ground-truth operating insight into each company.

Step / 04

Curated pipeline

The highest-conviction convergence deals, packaged vehicle by vehicle.

Get in Touch

Building at the intersection?

Proving Ground Capital (PGC) works with companies advancing the technologies that will shape the next generation of national security and commercial capability.