Finance
Frontier compute finds early backers in Las Palmas
A new island-based fund signals that the next generation of founders should look beyond the usual rooms.
Carabella Ventures confirmed its second island fund at the summit's Finance track, targeting pre-seed and seed rounds for frontier compute and applied AI. The thesis: the founders worth backing are increasingly found at the edge of the network, not at its centre. The fund will open its first calls in Q1, with a preference for teams shipping into the summit's working tracks.