Tom Biegala

Founding Partner, Bison
Materials scientist turned investor who served as Bill Gates' first dedicated venture investor, teaches energy-transition finance at Northwestern, advises Prime Coalition, and insists on industry partnerships as proof of demand.
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Tom Biegala
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About Tom Biegala

Tom Biegala trained as a materials science engineer and worked on OLED and solar research before becoming the first venture investor dedicated to Bill Gates' personal investing work at Cascade Asset Management, and he now teaches "Financing the Energy Transition" at Northwestern and advises Prime Coalition's Investment Advisory Committee. He's known for the view that frontier tech doesn't sell itself—summed up in his line "If you build it, they won't come"—and he looks for proof of demand through partnerships with major industry players rather than typical startup metrics.

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AI, Biotech, Climate, Deeptech / Hardware, Robotics
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Bison is made up entirely of investors with engineering backgrounds, and they invest in frontier-tech companies once the core science has been proven but before it has been fully scaled, commercialized, or brought to market—often at the intersection of fields like robotics and biology or AI and drug discovery, and with a preference for robotics companies built for fast, modular deployment rather than moonshot-style projects. The firm has also backed teams where more than 80% of CEOs came from groups traditionally underrepresented in venture-backed startups, including women making up half of that group.

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