Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections
Thiel's Jack Selby is quietly building an AI chip portfolio. Copper Sky Capital just closed a $300M fund.
Why it matters
A prominent Thiel-connected VC is consolidating stakes in infrastructure-critical AI startups like Etched (custom silicon). This signals where top-tier capital sees the next defensible moat: not models, but hardware.
The key facts
9 to knowCopper Sky Capital raising $300M second fund
Jack Selby (Thiel Capital connection) leading investments
Portfolio includes Etched AI (custom silicon/chip design)
Arizona-based network advantage for hardware deals
Regulatory filing confirms fund status
Copper Sky Capital raising $300M Series II fund
Fund is backing AI infrastructure startups including Etched
Selby leveraging Arizona tech ecosystem connections
Thiel Capital connection underscores AI chip thesis relevance to tier-1 VCs
Go to the source
TechCrunch Venturetechcrunch.com
Publisher excerpt: Selby's VC firm Copper Sky Capital is currently raising a $300 million second fund, according to a regulatory filing.