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Leo Alterman (Dimitriy Mishin), Founder of DMZ Financials and Creator Economy Investor.
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updates

AI researcher Richard Socher is looking to raise funds for his new startup at a roughly $4B valuation before the new capital is added. Investors involved in discussions include GV, formerly known as Google Ventures, and Greycroft. The company is exploring approaches aimed at so-called superintelligence, which are AI systems that could outperform humans.
Richard Socher’s new AI lab Recursive eyes $4B pre-money in GV-led round

AI researcher Richard Socher is looking to raise funds for his new startup at a roughly $4B valuation before the new capital is added. Investors involved in discussions include GV, formerly known as Google Ventures, and Greycroft. The company is exploring approaches aimed at so-called superintelligence, which are AI systems that could outperform humans.

Richard Socher
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Reflection AI, an NVIDIA backed open-source AI startup, is in talks with investors at a valuation above $20 billion. A surge from its $8 billion valuation in October 2025, when it raised $2 billion. The move signals intense investor appetite for frontier AI models and autonomous coding agents, positioning the startup as a key open-source alternative to closed labs.
Reflection AI Seeks Investors at Over $20 Billion Valuation Amid Rapid Growth

Reflection AI, an NVIDIA backed open-source AI startup, is in talks with investors at a valuation above $20 billion. A surge from its $8 billion valuation in October 2025, when it raised $2 billion. The move signals intense investor appetite for frontier AI models and autonomous coding agents, positioning the startup as a key open-source alternative to closed labs.

Misha Laskin
Former Google DeepMind researcher
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Valar Atomics has closed a new funding round at a valuation of $2 billion. The startup brought in a total of $450 million in the deal, including $110 million in debt and $340 million in equity. Valar aims to build clusters of small nuclear reactors to power sites that consume large amounts of energy, like artificial intelligence data centers.
Palmer Luckey-Backed Nuclear Startup Valar Lands $2 Billion Valuation

Valar Atomics has closed a new funding round at a valuation of $2 billion. The startup brought in a total of $450 million in the deal, including $110 million in debt and $340 million in equity. Valar aims to build clusters of small nuclear reactors to power sites that consume large amounts of energy, like artificial intelligence data centers.

Isaiah Taylor
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POSH, the network feeding New York’s social pulse secures a $22 million Series A led by Goodwater with FirstMark, Companyon, and Epic joining Day One Ventures. For Halloween, POSH went #2 on App Store, tracking $95+ million in ticket flows and a 1400% Year-on-Year spike in algorithmic matching tightens its grip on who meets where and when.
POSH Raises $22 Million To Power Social Life

POSH, the network feeding New York’s social pulse secures a $22 million Series A led by Goodwater with FirstMark, Companyon, and Epic joining Day One Ventures. For Halloween, POSH went #2 on App Store, tracking $95+ million in ticket flows and a 1400% Year-on-Year spike in algorithmic matching tightens its grip on who meets where and when.

Avante Price & Eli Taylor-Lemire
CEO & CPO
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After three years in stealth, World.org - the digital ID network co-founded by OpenAI’s Sam Altman and Alex Blania - went live July 2023, offering every user a cryptographically verified identity fused to a Visa wallet, a seamless credential for living, paying, and biometric recognition across the global ecosystem.
The Orb Will See You Now

After three years in stealth, World.org - the digital ID network co-founded by OpenAI’s Sam Altman and Alex Blania - went live July 2023, offering every user a cryptographically verified identity fused to a Visa wallet, a seamless credential for living, paying, and biometric recognition across the global ecosystem.

Alex Blania & Sam Altman
Co-founders
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Artisan, the YC-backed engine behind viral campaigns and AI “employees” called Artisans, secures a $25 million Series A led by Glade Brook Capital, the $2 billion growth fund with stakes in xAI, Perplexity, Stripe, Revolut, SpaceX, Airbnb, and Uber-fuel for a workforce of tireless synthetic minds built to outnumber and outlast the human kind.
Artisan Raises $25 Million To Replace Repetitive Work With AI Employees

Artisan, the YC-backed engine behind viral campaigns and AI “employees” called Artisans, secures a $25 million Series A led by Glade Brook Capital, the $2 billion growth fund with stakes in xAI, Perplexity, Stripe, Revolut, SpaceX, Airbnb, and Uber-fuel for a workforce of tireless synthetic minds built to outnumber and outlast the human kind.

Jaspar Carmichael-Jack
CEO
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AI has not ended creativity — it ended mediocrity. In a world where algorithms generate quality output infinitely, the “average” creator ceases to matter. What emerges isn’t replacement but stratification: those who direct machines ascend; those who imitate them disappear.
The Death of the Average: AI, Synthetic Creativity, and the New Allocator Class

AI has not ended creativity — it ended mediocrity. In a world where algorithms generate quality output infinitely, the “average” creator ceases to matter. What emerges isn’t replacement but stratification: those who direct machines ascend; those who imitate them disappear.

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Superpower, built as a gateway to self-command. Unveils the world’s first health super-app. Starting with sweeping biomarker scans that map the body like code, it promises proactive, personalized care while drawing every vital signal into a single, luminous network-a quiet system built to know you before you know yourself.
Superpower Raises $30 Million To Launch World’s First Health Super-App

Superpower, built as a gateway to self-command. Unveils the world’s first health super-app. Starting with sweeping biomarker scans that map the body like code, it promises proactive, personalized care while drawing every vital signal into a single, luminous network-a quiet system built to know you before you know yourself.

Jacob Peters & Max Marchione
Co-founders
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Richard Socher, Founder & CEO of You.com & General Partner at AIX Ventures is launching a new AI lab focused on automating AI research, taking a different approach from model-scaling labs like OpenAI and Anthropic. The lab has seven co-founders, including former OpenAI researcher and Cresta co-founder Tim Shi.
You.com CEO Socher is raising $1 Billion for New AI Lab

Richard Socher, Founder & CEO of You.com & General Partner at AIX Ventures is launching a new AI lab focused on automating AI research, taking a different approach from model-scaling labs like OpenAI and Anthropic. The lab has seven co-founders, including former OpenAI researcher and Cresta co-founder Tim Shi.

Richard Socher
Founder & CEO
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Walkway is the first AI-powered growth platform for tour and activity providers, helping them optimize pricing, track competitors, and increase revenue. Built by a founding team from Airbnb, Kayak, Regiondo, and Rezdy, it’s creating the industry’s most comprehensive pricing and demand dataset to become the go-to revenue intelligence platform for experience operators.
Walkway AI boost activity providers growth through its AI-powered platform

Walkway is the first AI-powered growth platform for tour and activity providers, helping them optimize pricing, track competitors, and increase revenue. Built by a founding team from Airbnb, Kayak, Regiondo, and Rezdy, it’s creating the industry’s most comprehensive pricing and demand dataset to become the go-to revenue intelligence platform for experience operators.

Brent Boone, Drew Patterson
CEO & Co-founder
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AnyRoad unveils validated Lifetime Loyalty platform, driving a 150% increase in member spending with partners including Heaven Hill, Nearest Green, Lux Row, Castle & Key, and Catoctin Creek, with EU expansion in the works.
AnyRoad Unveils Lifetime Loyalty Platform

AnyRoad unveils validated Lifetime Loyalty platform, driving a 150% increase in member spending with partners including Heaven Hill, Nearest Green, Lux Row, Castle & Key, and Catoctin Creek, with EU expansion in the works.

Johnathan Yaffe
Founder & CEO
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Mindstate Design Labs, a Y-Combinator backed startup, is combining machine learning with the conscious experience to map how psychedelic compounds shape human experience. The company has cleared a major hurdle with FDA approval to initiate Phase 1 clinical trial in the Netherlands.
The next era of psychedelics in clinical treatment

Mindstate Design Labs, a Y-Combinator backed startup, is combining machine learning with the conscious experience to map how psychedelic compounds shape human experience. The company has cleared a major hurdle with FDA approval to initiate Phase 1 clinical trial in the Netherlands.

Dillan DiNardo
Founder & CEO
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THE

value

add

our value add

CREATOR NETWORK
media
media
media
media
media

Through STYX, DMZ built a creator network reaching 120M+ accounts across film, music, and social media. We deploy it for portfolio launches, D2C distribution, and category-defining campaigns.

Capital
Capital
Capital
Capital
Capital

A family office origin gave DMZ a $75bn+ cumulative capital network, built through long-standing relationships with EU family offices and US angels. Tech-weighted core, diversified across stages and asset classes.

operators

Leo Alterman (Dimitriy Mishin), Founder of DMZ Financials and Creator Economy Investor
Media Technology
Media Technology
Venture Capital
Venture Capital
Media Technology
Venture Capital
Consumer Access
Venture Capital
Media Technology
Venture Capital
Consumer Access
Venture Capital
Consumer Access
Consumer Access

Leo Alterman is the founder and sole GP of DMZ Financials, an early-stage venture firm investing at the intersection of AI, software, capital, and culture.
Since 2018, he has deployed capital across 50+ companies and become a Limited Partner in 10+ US funds, growing a ~$2M cost base into ~$25M NAV with 96% average IRR and 13 documented exits. His focus is pre-consensus early-stage venture. Founder-first, sector-agnostic across frontier technology and consumer, he backs exceptional operators whose businesses compound through proprietary data, distribution, talent, or brand. Leo writes essays on capital, culture, and the post-AI economy. Recent essays include The Death of the Average, The Willful Blindness Economy, and The Knowing Problem. His book, The Capitalist Manifesto, was published in 2020.

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Leo Alterman (Dimitriy Mishin), Founder of DMZ Financials and Creator Economy Investor
Financial Modeling
Financial Modeling
Asset protection
Asset protection
Financial Modeling
Asset protection
Tactical growth
Asset protection
Financial Modeling
Asset protection
Tactical growth
Asset protection
Tactical growth
Tactical growth

Nick leads financial advisory and wealth management at DMZ Financials, working with the GP on capital strategy and risk management. Previously at General Motors, he brings public-markets and financial-management expertise to the firm's portfolio of complex transactions and long-term positioning.

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Leo Alterman (Dimitriy Mishin), Founder of DMZ Financials and Creator Economy Investor
Software development
Software development
Core Infrastructure
Core Infrastructure
Software development
Core Infrastructure
System protocol
Core Infrastructure
Software development
Core Infrastructure
System protocol
Core Infrastructure
System protocol
System protocol

Alex leads infrastructure and software development at DMZ Financials, building the systems that keep the firm running with precision and scale and help us enable our founders. This includes proprietary network management software, wealth management software, VC-specific software and more. As the portfolio expands across AI, software, and frontier technology, Alex keeps internal operations ahead of the curve, turning technical complexity into reliable compounding infrastructure.

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