Epochal Capital sources and executes Pre-IPO secondary market positions in frontier AI companies — from the models to the metal.
Portfolio Companies
Capital Deployed
Models to Metal
AI infrastructure wins regardless of which model company succeeds. We invest in the layer of the stack that has durable, compounding demand.
Direct pre-IPO positions in the leading foundation model companies shaping the trajectory of artificial intelligence, accessed through deep secondary market relationships.
The compute layer, networking fabric, and silicon innovations that every AI company requires. Structural demand regardless of which models win.
We operate across multiple secondary channels and direct relationships to source pre-IPO positions with rigorous diligence on valuation, structure, and counterparty quality.
Concentrated portfolio. Deep research. We build positions in the companies we believe will define the next decade of technology.
Our portfolio spans the complete AI value chain.
Pre-IPO positions in frontier model developers building large language models and multimodal AI systems.
Accelerated computing infrastructure powering AI training and inference at scale.
Next-generation optical interconnects and silicon photonics enabling faster, more efficient data movement.
Tools and platforms that accelerate AI development, deployment, and enterprise adoption.
Companies applying AI to transform enterprise workflows, search, and knowledge management.
Data centres, energy, networking, and the physical layer underpinning AI at scale.
Dylan Sharkey founded Epochal Capital to invest in the most consequential technology shift of our era. With a thesis built on first-principles analysis of where durable value accrues in AI, he focuses exclusively on pre-IPO secondary market positions in frontier AI and infrastructure companies.
His portfolio of 20 companies reflects deep conviction — concentrated positions across frontier model developers, accelerated compute providers, photonics innovators, and the infrastructure layer that underpins the entire AI ecosystem.
Before launching Epochal, Dylan spent 7+ years at LinkedIn and Salesforce where he built expertise in enterprise technology markets, go-to-market strategy, and relationship-driven dealmaking across the MENA region and beyond.
Whether you're exploring secondary market opportunities in Pre-IPO AI, seeking market intelligence on the space, or interested in how Epochal operates — we'd like to hear from you.