Alchemus invests across industries, stages, and continents. That might make Alchemus appear unfocused, but that expansive approach is actually core to its mission: to find companies able to scale with potential for cross-border commercialization. Alchemus's definition of inclusion covers both women and what it refers to as "global, multi-cultural entrepreneurs." The $50 million fund was started by Bethany LaFlam, a lawyer with extensive experience in entrepreneurship and cross-border investment strategy, and Phyllis Newhouse, CEO and co-founder of Xtreme Solutions, a five-time Inc. 5000 honoree. Alchemus's investments so far include companies in digital media, tech, AR/VR, big data, artificial intelligence, and healthtech.