We invest in growth-stage companies developing technologies that can make essential infrastructure more efficient, resilient, productive, and sustainable.
InfraTech® Growth invests in emerging companies developing technologies with the potential to transform how essential infrastructure is built, operated, and scaled. Created within a leading middle-market infrastructure investment platform, the strategy applies a venture capital lens to the systems that power, connect, and move the modern world.
We focus on practical innovations that can improve efficiency, resilience, sustainability, and performance across the infrastructure economy. By combining growth capital with sector knowledge, operating insight, and industry relationships, we aim to help management teams accelerate commercial adoption and build enduring businesses.
InfraTech® combines venture investing’s growth orientation and agility with deep infrastructure expertise and operating insight, backing technologies that solve real-world challenges across essential systems and have the potential for broad commercial adoption.
Grant Allen
Fund Partner
The Infratech category is ripe with investible opportunities across 4 key sub-themes.
Power generation, grid tech, and demand management.
Transportation, supply chain & logistics, and industrial.
Networking & comms, data centers, and compute.
Space, defense, and cybersecurity.
TIP is a leading pan European logistics platform providing trailer and truck leasing, rental, maintenance and repair, as well as other value-added services such as digital solutions and second-hand equipment.
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learn moreInfraTech applies AI, software, and intelligent hardware to the physical systems that power, connect, and move modern society. These technologies work directly with assets, equipment, and control systems to improve efficiency, reliability, and resilience. I Squared Capital’s InfraTech® strategy invests in growth-stage companies developing these solutions across energy, connectivity, transport, and industrial infrastructure.
Traditional infrastructure investing focuses on owning, developing, and operating physical assets and businesses. InfraTech invests in technology companies that improve how those assets perform. Growth comes from scaling the adoption of their products across infrastructure customers, combining the opportunities of technology investing with an understanding of essential industries.
InfraTech combines venture investing’s growth orientation and agility with deep infrastructure expertise and operating insight. Our strategy focuses on growth-stage companies deploying technology into physical environments, often with strict operational, regulatory, and safety requirements. Sales cycles and integration can be more complex than for purely digital products, while successful deployment can support long-term customer relationships.
The two overlap. Physical AI enables machines and systems to perceive, reason, and act in the physical world, supporting applications such as industrial robotics and autonomous inspection. InfraTech includes these applications alongside software and intelligent hardware that monitor, manage, and optimize infrastructure. Its scope covers individual assets and wider systems, including power grids, data centers, and logistics networks.
Examples include:
• Computer vision that detects early signs of wildfires near power lines.
• Sensors that show how much electricity transmission lines can safely carry.
• Robots that inspect turbines, boilers, and other hazardous industrial assets.
• Software that coordinates distributed energy resources, such as solar panels and batteries.
• AI that adjusts data center workloads to ease pressure on the grid.
Each connects technology directly to a real-world infrastructure need.
