Fundraising FoxPax
3 known investors
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Pax VC is a venture capital firm that invests in founders building technologies in foundational and physical-world industries such as defense, aerospace, energy, and industrial supply chains. It focuses on early-stage ("zero to one") companies working on hardware, deeptech, and dual-use technologies.
Founders & leadership
MV
Michelle VolzFounder & Managing PartnerMichelle Volz founded Pax VC, an early-stage venture fund investing in founders building technologies in foundational industries including defense, aerospace, and energy. She previously served as a partner at Andreessen Horowitz's American Dynamism team, and earlier held roles at Palantir and several venture-backed startups in cybersecurity and dual-use technology; she holds an MBA from MIT Sloan and a BS from the University of Minnesota.
Investors · 3
BenchmarkreportedSan Francisco · $100K – $15M
How we know: funding news · businesswire.com · Not right? Tell us
GreenoaksreportedSan Francisco · $1M – $50M
How we know: funding news · businesswire.com · Not right? Tell us
Funding
SEC filings, press & company announcements$40M disclosed across 1 of 2 rounds · 2025–2026
Source: company announcements and press reports — follow each round's link for the claim.
Frequently asked questions
- What does Pax do?
- Pax VC is a venture capital firm that invests in founders building technologies in foundational and physical-world industries such as defense, aerospace, energy, and industrial supply chains. It focuses on early-stage ("zero to one") companies working on hardware, deeptech, and dual-use technologies.
- Who founded Pax?
- Pax was founded by Michelle Volz.
- Who are Pax's investors?
- Pax's investors include Sandwich Capital, Benchmark, Greenoaks.
- How much funding has Pax raised?
- Pax has disclosed $40M raised across 1 of its 2 known rounds.