draper-associates
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Aurelius Systems
Aurelius Systems is a San Francisco defense-technology startup building Archimedes, an autonomous, high-powered laser turret that detects, tracks and neutralizes drones in seconds for roughly the cost of electricity. Founded in 2024 by photonics veterans Michael LaFramboise and John Marmaduke, the company fuses commercial off-the-shelf hardware, advanced optics and AI-guided targeting into a compact, low-cost counter-UAS platform aimed at protecting soldiers and critical infrastructure from cheap, swarming aerial threats.
HexemBio
HexemBio is a New York- and Berkeley-based biotech building what it calls the first blood stem cell rejuvenation therapy. Its Synthetic Human Yolk Sac platform recreates the embryonic environment where blood stem cells first arise, temporarily placing a patient's own aged hematopoietic stem cells into that synthetic young niche before returning them by IV infusion - rather than gene-editing or chemically reprogramming the cells. The company launched publicly in April 2026 with a $10.4M seed round led by Draper Associates, holds an FDA Orphan Drug Designation for a bone-marrow-transplant program in blood cancers, and is targeting first-in-human trials in 2027.
Michael LaFramboise
Michael LaFramboise is the CEO and co-founder of Aurelius Systems, a San Francisco defense startup building autonomous, AI-guided laser turrets that detect and destroy drones at the speed of light for roughly pennies per shot. A Case Western engineer, Navy veteran, and ex-Coherent and Amazon Devices operator, he dropped out of a Columbia PhD in nano optical systems to build Archimedes, a low-cost directed-energy weapon. Aurelius raised a $10 million seed co-led by General Catalyst and Draper Associates in September 2025 and opened a U.S. manufacturing line for high-power fiber lasers in 2026, aiming to become America's domestic one-stop laser shop.
Tim Draper
Tim Draper is a third-generation venture capitalist and founder of Draper Associates, the firm behind early bets on Hotmail, Baidu, Skype, Tesla, Coinbase, and Robinhood. He pioneered viral marketing with Hotmail's email footer tagline, bought 30,000 bitcoins at a U.S. Marshals auction in 2014 for $19 million, and has never sold. The founder of Draper University of Heroes in San Mateo, he frames entrepreneurship as a heroic calling - handing students superhero capes on day one. Twice tried to split California into multiple states. Consistently predicts Bitcoin will hit $250,000. Sings his own original songs at startup conferences. Backed 60+ unicorns from seed stage across four decades.