Family Offices Invest $3.4B in Geothermal Energy, Neural Tech Ventures

In September, billionaire family offices made 42 direct investments, down from 52 in August, according to Fintrx. Notably, Hillspire participated in a €3 billion (about $3.4 billion) investment in Mistral, a startup focused on AI models. The Duquesne Family Office also invested $500 million in Fab2 and $250 million in Precision Neuroscience for brain implant technology. Additionally, Arnold's Centaurus Capital led a $135 million Series B for geothermal startup Mazama Energy, with significant participation from other investors. This interest indicates a continued push towards innovative tech, particularly in clean energy sectors crucial for future market trends.