Valhalla Ventures builds concentrated portfolios around a specific pairing of deeptech and novel, underfunded gaming mediums, backing companies in areas like satellites, energy, aging therapeutics, and social play with hands-on work alongside engineers, creatives, and scientists rather than broad, low-touch investing. As generalists within deeptech, they favor technical risk over market risk, track founders from ecosystems like SpaceX for their distinct operating style, and typically write $1M–$2M checks to stay closely involved with each company they back.