Fundraising Fox

BVVC

Venture capitalActively deploying

Burr Ridge · Seed–Growth · 24 people tracked

Also known as BVVC CAPITAL, LLC · BVVC MANAGEMENT, LLC

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Investment thesis

BVVC invests with a national-security orientation, seeking to find, fund, and follow on with mission-first founders whose work helps ensure the United States and its allies prevail. The firm frames its work around a vision of a safe way of life and a mission of supporting defense-aligned entrepreneurs, guided by values emphasizing protection, truth-seeking, craftsmanship, bold action, and trust.

Source: firm website, verified Sep 1, 2026.

Stage
Seed–Growth
HQ
Burr Ridge, US
Leads rounds
Leads
Founded
2023
Last 12 months
3 investments
Private fund assets
$43.2M
VC funds
7
Tracked investments
35

Team · 24 people

from the firm's website
Adam Bellin
Ross Hangebrauckin

What they invest in

from 16 of 35 portfolio companies

Defense Tech ×8Robotics ×7Hardware ×6AI & Machine Learning ×5Advanced Manufacturing ×4Deep Tech ×4Energy ×2Enterprise Software ×2

HQs:United States×18

Who they back

founder profiles across 12 portfolio companies
58%
solo founders
7 of 12 mapped founding teams
73%
repeat founders
of 15 founders with career history

Founding team size:solo founder×72 founders×13 founders×4

Where their founders studiedfrom 14 founders with education data

Stanford University ×4Norwich University ×2

Where their founders worked beforefrom 15 founders with career history

Northrop Grumman ×2SpaceX ×2Stanford Gordian Knot Center for National Security Innovation ×2United States Air Force ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

Investments · 35 tracked

founders shown can be your intro path

By year:2026 · 22025 · 32024 · 22022 · 18 dated

Standard Nuclearstandardnuclear.comin𝕏NYSE: STDN

Standard Nuclear manufactures TRISO nuclear fuel for advanced reactors, establishing a domestic fuel supply chain for the nuclear energy sector in the United States.

Advanced ManufacturingDeep TechEnergyNew MaterialsOak Ridge, US

Kurt Terrani(CEO)inKevin HarrillinKeeley Marrocco(Executive Officer, Director, Promoter)inShahram GhasemianinBrian JollyinMichael Trammellin

PartnerJoe Musselman· solo GP

Co-investorsAndreessen HorowitzCrosscut VenturesDecisive PointChevron Technology VenturesCrucible CapitalStepstone Group

BBG Aerosystems Inc.Feb 2026SEC filingmedium confidence

Laytonsville, US

Edward J. Bozeman III(Executive Officer, Director, Promoter)Bradley Gresham(Director)

BoardWilliam Harvey(Director)

PartnerJoe Musselman· solo GP

Board seatJoseph Musselman· per SEC Form D · $3.3M raise · filed Feb 2026

Infoport Inc.Mar 2026SEC filingmedium confidence

Incline Village, US

Nate Fischer(Executive Officer, Director)Jacob Blank(Executive Officer, Director)

PartnerJoe Musselman· solo GP

Board seatJoseph Musselman· per SEC Form D · $2.3M raise · filed Mar 2026

Andurilanduril.comin

Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.

AI & Machine LearningDefense TechHardwareRobotics

Palmer Luckey(Founder)inBrian Schimpf(CEO)inTrae Stephens(Founder)in

PartnerJoe Musselman· solo GP

Co-investors137 Ventures1Flourish Capital8VCAltra VentureAndreessen HorowitzAnorak Ventures+82 more

Clearspeedclearspeed.comin𝕏

Clearspeed provides voice-based risk screening that analyzes vocal signals from a short set of yes-or-no questions, answered by phone or web, to indicate potential risk in real time.

AI & Machine LearningCybersecurityFintech

Alex Martin(CEO & Co-Founder)inFrancesco Crippa(Chief Technology Officer)inJohn Zaal(Chief Operations Officer)Jules Ehrlich(Chief Product & Strategy Officer)in

PartnerJoe Musselman· solo GP

Co-investorsIronGate Capital Advisors

Deep Media

Detects generative AI manipulation to verify authenticity and combat misinformation.

PartnerJoe Musselman· solo GP

Epirus

Directed energy systems using AI-orchestrated high-power microwaves for electromagnetic defense.

PartnerJoe Musselman· solo GP

Co-investors5AM VenturesCenter15 CapitalDCVC (Data Collective)Inflection VenturesManhattan Venture PartnersNightDragon+2 more

Epsilon3epsilon3.ioin𝕏May 2022

Epsilon3 provides a software platform for creating, reviewing, and executing operational procedures, serving teams that need to develop and iterate processes at scale.

Advanced ManufacturingEnterprise SoftwareSaaSLos Angeles, US

Laura Crabtree(Founder)inMax Mednik(Founder)inAaron Sullivan(Executive Officer)in

PartnerJoe Musselman· solo GP

Co-investorsBroom VenturesIceNineKohala VenturesLux CapitalMaC Venture CapitalRavelin Capital+3 more

Factorial

Stealth-stage company; pre-seed round led by BVVC.

PartnerJoe Musselman· solo GP

Figure AIfigure.aiin𝕏Feb 2024

Figure develops general-purpose humanoid robots designed for deployment in workforce and home environments.

AI & Machine LearningHardwareRoboticsSunnyvale, US

Brett Adcock(Executive Officer, Director)inLee Randaccio(Executive Officer)Dana Berlin(Executive Officer)Logan Berkowitz(Executive Officer)Colby Adcock(Director)Peter Welinder(Director)

PartnerJoe Musselman· solo GP

Co-investorsAUDEO VENTURESAurum Venture PartnersBeyond CapitalBold Capital PartnersCoatue ManagementEvolution VC Partners+25 more

Firestormlaunchfirestorm.com

Firestorm Labs builds xCell, a containerized 3D-printing factory that produces modular military drones at the point of need.

San Diego, US

Daniel Magy(Executive Officer, Director, Promoter)Chad McCoy(Founder)inIan Muceus(Founder)in

BoardTommy Hendrix(Director)Aaron Jacobson(Director)in

PartnerJoe Musselman· solo GP

Co-investorsBeyond CapitalBlack FlagBooz Allen VenturesCapital FactoryDecisive PointFulcrum Venture+13 more

Fulcrum

Vertically integrated autonomy stack producing affordable ISR and kinetic UAS drones.

PartnerJoe Musselman· solo GP

Glīdglidtech.usin𝕏

Glīd builds autonomous road-rail vehicles and orchestration software that turn existing rail infrastructure — shortline mileage, dormant sidings, spurs, and industrial aprons — into first- and last-mile freight capability without new terminal construction.

Defense TechHardwareLogistics & Supply ChainMobility & TransportationRobotics

Kevin Damoa(Founder & CEO)in

PartnerJoe Musselman· solo GP

Co-investorsCapital FactoryDraper AssociatesID VenturesMission One CapitalAntlerOutlander VC+1 more

Havoc

Defense technology company building all-domain collaborative autonomy software to orchestrate large robotic fleets; based in Providence, RI.

PartnerJoe Musselman· solo GP

Co-investorsScout VenturesScout Ventures

Hedy

Hedy Cyber delivers a stealth network for undetectable secure communications.

PartnerJoe Musselman· solo GP

Navi AIMar 2024 · $6M

San Francisco, US

Nikola Kostic(Executive Officer, Director)

BoardVivek Velivela(Director)

PartnerJoe Musselman· solo GP

Co-investorsI2BF Global VenturesNEW VISTA CAPITALRaptor Group

Nuview

Building a LiDAR satellite constellation to map Earth's land surface annually.

PartnerJoe Musselman· solo GP

Orbotix

Mass-manufacturable AI-powered drone swarm system for modern warfare.

PartnerJoe Musselman· solo GP

Orion

Automated asset-level threat detection powered by adaptive AI for security and risk teams.

PartnerJoe Musselman· solo GP

Oureonoureon.comin𝕏

Oureon Technologies builds advanced sensing systems—including radar, acoustic sensors, passive RF, and airspace awareness software—for defense, public safety, and critical infrastructure applications.

Deep TechDefense TechHardwareAustin, US

Tucker Dordevic(Founder)in

PartnerJoe Musselman· solo GP

Co-investorsDraper Associates

Scout AIscoutco.aiin𝕏Apr 2025

Scout develops Fury, a multimodal foundation model for defense robotics that lets operators command fleets of heterogeneous ground, air, sea, and space robots via natural language and coordinate them autonomously.

AI & Machine LearningDefense TechRoboticsSilicon Valley, US

Colby Adcock(Founder)inCollin Otis(Founder)in

Co-investorsBooz Allen VenturesDecisive PointDraper AssociatesEvolution VC PartnersHabitat PartnersAlign Ventures+6 more

Scout AI

Autonomous, operator-driven ground drones for contested, GPS-denied terrain.

PartnerJoe Musselman· solo GP

Sovra

Stealth-stage company; pre-seed round led by BVVC.

PartnerJoe Musselman· solo GP

Spartan Radar

Software-defined 4D imaging radar technology provider for advanced driver assistance systems and autonomous mobility.

PartnerJoe Musselman· solo GP

Co-investorsWipro Ventures

Telepathic

Non-invasive brain-to-text interface for silent real-time communication by warfighters.

PartnerJoe Musselman· solo GP

Tern AI Inc.

Software-driven low-cost navigation system that replaces vulnerable GPS signals.

Austin, US

PartnerJoe Musselman· solo GP

Co-investorsScout Ventures

Tidal FlightMay 2025

Advanced ManufacturingSuffolk, US

Pranav Sateesh Krishnamurthy(Executive Officer, Director, Promoter)Mark Lau(Director, Promoter)Jude Cheriathundam Augustine(Executive Officer, Director, Promoter)

PartnerJoe Musselman· solo GP

Tivetive.comin𝕏

Tive provides visibility solutions for supply chain and shipment operations, helping stakeholders track and manage shipments to ensure on-time and complete delivery.

IoTLogistics & Supply ChainBoston, US

Krenar Komoni(CEO & founder)in

PartnerJoe Musselman· solo GP

Co-investorsBaukunstBroom VenturesFloating PointOne Way VenturesQualcomm VenturesSageview Capital+11 more

Unionunion.tech

UNION develops software and industrial operations systems for manufacturing, including a command platform (Faction) for planning and execution, and an execution layer (Fabric) for machine coordination.

Advanced ManufacturingDefense Tech

PartnerJoe Musselman· solo GP

Co-investorsIronGate Capital AdvisorsMoonshots CapitalRaptor GroupRoadster CapitalSilent Ventures

Usulusul.comin𝕏

Usul builds a repository of primes and vendors in government contracting, helping contractors identify team members with relevant past performance, agency relationships, and certifications for specific pursuits.

AI & Machine LearningB2B MarketplacesEnterprise SoftwareGovTechSaaSSan Francisco, US

Jarren Reid(Founder)inOliver Gomez(Founder)inJoonghyun Lee(Founder)in

PartnerJoe Musselman· solo GP

Co-investorsY CombinatorScout VenturesScout VenturesTeamworthy Ventures

Valar Atomicsvalaratomics.comin𝕏

Valar Atomics is developing and scaling high-temperature gas nuclear reactors for grid-independent applications including hydrogen production, data center power, and clean hydrocarbon fuel production.

CleantechDeep TechEnergySan Rafael, US

Isaiah Taylor(Founder & CEO)in

PartnerJoe Musselman· solo GP

Co-investorsAlleyCorpBalaji SrinivasanBalerion Space VenturesContraryCRESCENT COVE CAPITALCrosscut Ventures+8 more

Vatnvatn.comin𝕏

Vatn designs and manufactures low-cost, modular autonomous underwater vehicles with proprietary autonomy, navigation, and control software for undersea ISR, logistics, sensing, and payload delivery missions.

Defense TechHardwareRoboticsProvidence, US

Frederick Mills(Founder)inNelson Mills(Co-founder)inGeoff Manchester(Co-founder)Dan Hendrix(Co-founder)

Co-investorsAirbus VenturesLockheed Martin Ventures

Vatn Systemsvatnsystems.comin𝕏Dec 2025 · $60M

Vatn Systems builds low-cost, high-volume autonomous underwater vehicles (UUVs), passive acoustic hydrophone arrays, and vehicle-agnostic navigation and signal-processing systems for undersea missions in GPS-denied, communications-contested waters.

Defense TechHardwareRoboticsPortsmouth, US

Geoff Manchesterin

BoardThomas Hendrix(Director)inGeoffrey Manchester(Director)Thomas Hennessey(Director)inNelson Mills(Executive Officer, Director)Frederick Mills(Director)in

Co-investorsBeyond CapitalBlue CollectiveCapital FactoryCentre Street PartnersChampion Hill VenturesCoalition+14 more

Wild West Systemswildwestsystems.comin

Wild West Systems develops autonomous, reusable defense systems for the United States and its allies.

Deep TechDefense TechRobotics

PartnerJoe Musselman· solo GP

Co-investorsRaptor GroupBackswing Ventures

X-Bow

Rebuilding the energetics supply chain with additive manufacturing of solid rocket motors.

PartnerJoe Musselman· solo GP

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

IPOs and acquisitions across the tracked portfolio

Standard NuclearNYSE: STDN

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has BVVC made?
BVVC has 30 tracked investments, including 2 dated in the last 24 months.
What stage does BVVC invest at?
BVVC invests at the Seed, Growth stages.
What sectors does BVVC focus on?
BVVC focuses on Deep Tech, Defense Tech.
Where is BVVC located?
BVVC is headquartered in Burr Ridge, US.
Does BVVC lead rounds?
Yes, BVVC leads investment rounds.
Who does BVVC co-invest with?
BVVC most often shares deals with IronGate Capital Advisors, Scout Ventures, Capital Factory, among 76 tracked co-investors.

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