Core Insights - Sheena Jindal has launched Sugar Free Capital, a $32 million fund focusing on investing in technical founders from MIT [2][7] - The fund's name reflects Jindal's discontent with high valuations in 2021, which she described as "too sugary" [3] - Jindal's investment thesis emphasizes the importance of technical founders with a systems engineering mindset, particularly from MIT, as the industry transitions into the age of intelligence [4][5] Fund Strategy - Sugar Free Capital aims to invest in 15 early-stage companies, with investments ranging from $1 million to $5 million [6] - The firm focuses on AI native infrastructure and selects a new theme each quarter, with current interests in physical AI, data center optimization, and AI agents [6][7] - Jindal has already backed four companies, including those in defense, gaming, and workflow automation [6][7] Market Context - The venture capital landscape is challenging, particularly for solo general partners and women, but Jindal's firm has attracted interest due to its access to MIT talent and clear investment thesis [7] - Jindal believes the industry is in a transition period between traditional business models and the new world of AI native technology [8]