The storage neocloud.
We acquire and improve the businesses and infrastructure that store the world’s data.
Compute got its neoclouds. Storage is next.
AI has turned storage from a commodity into a constraint. Every model, agent and dataset has to live somewhere, and demand is outrunning the capacity being built for it. Cloud storage is already $92 billion a year, heading to $261 billion by 2031.
Most neoclouds start with concrete. We start with a live network.
Other neoclouds build capacity one data center at a time. We build on one that is already live: the Filecoin network, 507 storage providers across continents, proving 1.54 exabytes of storage every day. It’s ready for demanding customer workloads and will become infrastructure that helps shape the future.
Network. Customers. Capital.
The network. We run on a global network of independent storage providers, and we acquire the operators and infrastructure that matter most.
The customers. We buy good businesses whose customers already depend on storage (backup, archive, media, managed services) and make them great ones.
The capital. We finance new capacity against signed contracts, so we build only where demand is already there.
Every turn makes the next one easier.
Every customer makes the network stronger. Every contract makes the next turn easier to finance. Acquire customers, serve them on the network, improve the margins, finance more capacity, and acquire again.
Three sources of value. All of them compound.
Revenue we buy. Customers arrive at close, already paying.
Margin we keep. Serving customers on the network keeps the margin that used to go to a supplier.
Capital that compounds. Contracted demand finances the next turn, and the one after that.
Chart, illustrative, not to scale: revenue steps up at close. A band opens between what serving used to cost and our cost on the network: the margin we keep. The line then bends upward as contracted demand compounds.
Built for the long run.
We keep what we buy. Every business we acquire is one we plan to run for decades.
Every business goes global. Each one joins a shared network of talent and infrastructure built to help it succeed worldwide.
We build to order. New capacity goes where customers have already signed.
Each business helps the next. More customers make the network stronger, and a stronger network makes the next business easier to grow.
A global network, compounding.
Integral Spacetime.
We’re just getting started.
Get in touch if you’d like to get involved or hear more.