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Leonid Capital Partners

Venture debt

Washington · Seed–Growth · 28 people tracked

Also known as LEONID CAPITAL PARTNERS, LLC

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Investment thesis

Leonid Capital Partners provides non-dilutive debt financing to companies serving the U.S. government, defense, and aerospace markets. It targets prime and subcontractors to the federal government, founders and startups holding government contracts, and firms seeking acquisition financing. Offering term loans, revolving credit lines, and acquisition financing, the firm aims to fuel a resurgence in government innovation and support companies across all stages of growth. Its team of engineers, scientists, veterans, and finance professionals works across multiple sectors including defense, aerospace, health, energy, and cybersecurity. Portfolio companies typically raise new equity equal to roughly 1.25 times the size of Leonid's credit facility during the investment period.

Source: firm website, verified Sep 27, 2026.

Stage
Seed–Growth
HQ
Washington, US
Leads rounds
Follows
Instruments
Debt
Founded
2019
Last 12 months
1 investment
AUM
$363M
Tracked investments
11

Team · 28 people

from the firm's website

What they invest in

from 11 of 11 portfolio companies

Deep Tech ×5Defense Tech ×5AI & Machine Learning ×3Hardware ×3Space Tech ×3Cleantech ×2Cybersecurity ×2Healthtech ×2

HQs:United States×7Norway×1

Investments · 11 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12021 · 13 dated

Aclimaaclima.cominMay 2025

Aclima is a Norwegian brand that makes wool-based clothing, including apparel designed for demanding outdoor conditions and wool garments for children and juniors.

ConsumerDirect to ConsumerE-commerce

Co-investorsDCVC (Data Collective)Kapor CapitalACVC PartnersBosch VenturesClearvision VenturesGingerbread Capital+3 more

Anivive Lifesciencesanivive.comin𝕏Jul 2021 · $20M

Anivive develops new medicines for companion animals, using software across the drug development process to accelerate the creation of treatments.

AI & Machine LearningBiotechDeep TechHealthtechLong Beach, US

Dylan Balsz(Executive Officer, Director)inDavid Bruyette(Chief Medical Officer)inRobert Bishop(Director)Lynne Doti(Director)Cheryl Collett(Executive Officer)Glenn Stearns(Director)

Ion Storage Systemsionstoragesystems.com

ION Storage Systems develops solid-state battery technology, including its Cornerstone cell, and ships samples to consumer electronics manufacturers.

CleantechDeep TechEnergyNew MaterialsColumbia, US

Dr. Eric Wachsman(Executive Chair & Co-founder)Jorge Diaz Schneider(CEO)Ravi Abbineni(Chief Financial Officer)

Co-investorsTEDCOAlsop Louie PartnersAlumni VenturesVoLo Earth VenturesToyota Ventures

Katalyst Spacekatalystspace.com

Katalyst designs satellite upgrades and modules that can be deployed flexibly across different orbits via orbital transfer vehicles, robotic servicers, or pre-launch installation.

AI & Machine LearningHardwareRoboticsSpace TechFlagstaff, US

Ghonhee Lee(Executive Officer)

Co-investorsFelicis VenturesGeodesic CapitalFortitude Ventures

NALEJnalej.com

NALEJ offers Mosaic, an open-source full-stack enterprise platform for AI, machine learning, and edge computing that supports DevSecOps, DataSecOps, AI/ML Ops, cyber, and network operations.

AI & Machine LearningCybersecurityEnterprise Software

Co-investorsSINEWAVE VENTURESTheVentureCity

PteroDynamicspterodynamics.comin𝕏

Pterodynamics develops the Transwing, an aircraft designed to support businesses seeking to reduce their operational environmental impact.

CleantechDefense TechHardwareRoboticsMoorpark, US

Matthew Graczyk(CEO)in

Co-investorsKairos Venture Investments, LlcLavrock Ventures

Rx Bandzrxbandz.cominJul 2026

Rx Bandz develops auto-injector devices and injectable formulations for treatment conditions including anaphylaxis, diabetes, opioid overdose, and other medical emergencies for patients, first responders, and military personnel.

Deep TechHardwareHealthtechMedical DevicesLocust Valley, US

Jessica Walsh(Founder, CEO)in

Co-investorsTexas HALO Fund

Simplesensesimplesense.ioin

Simplesense builds a platform delivering "Continuous Mission Assurance" that provides unified visibility across installation infrastructure and security for defense installation leaders and operations centers.

Defense TechGovTechIoT

Eric Kanagy(Founder)in

BoardHeidi Scheppers(Former Deputy Director, Air Force Security Forces)

Co-investorsWestchester Angels

Skywaysleonidcp.com

Leonid Capital Partners is a private investment firm offering term loans, revolving lines of credit, and acquisition financing to companies in the aerospace, defense, and government sectors, positioning itself as a capital provider for the U.S.

Defense TechFintech

Turion Spaceturionspace.comin𝕏

Turion Space builds space infrastructure spanning maneuverable spacecraft, mission planning software, and orbital logistics such as refueling and servicing, with capabilities for space domain awareness and rendezvous proximity operations.

Advanced ManufacturingDeep TechDefense TechSpace TechLos Angeles, US

Ryan Westerdahl(Founder)inTyler James Pierce(Founder)inPatryk Wiatr(Founder)inTyler Pierce(Founder)

Co-investorsAngel Collective Opportunity FundAsymmetry VenturesAurelia FoundryBacchus Venture CapitalBeyond Earth VenturesCenter15 Capital+40 more

Xairosxairos.comin𝕏

Xairos develops a space-based quantum timing architecture for global position, navigation, and timing services with sub-nanosecond accuracy, serving transportation, telecommunications, power grids, financial systems, and data centers.

CybersecurityDeep TechDefense TechIoTQuantum ComputingSpace TechLone Tree, US

David Mitlyng(Founder)in

Co-investorsQubits VenturesTechstars

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Leonid Capital Partners made?
Leonid Capital Partners has 11 tracked investments, including 2 dated in the last 24 months.
What stage does Leonid Capital Partners invest at?
Leonid Capital Partners invests at the Seed, Series A, Series B, Growth stages.
What sectors does Leonid Capital Partners focus on?
Leonid Capital Partners focuses on Advanced Manufacturing, Climate Tech, Cybersecurity, Defense Tech, Energy, GovTech, Healthtech, Quantum Computing, Robotics, Space Tech.
Where is Leonid Capital Partners located?
Leonid Capital Partners is headquartered in Washington, US.
Does Leonid Capital Partners lead rounds?
Leonid Capital Partners typically participates in rounds rather than leading them.
Who does Leonid Capital Partners co-invest with?
Leonid Capital Partners most often shares deals with Alsop Louie Partners, Felicis Ventures, FoundersX Ventures, among 35 tracked co-investors.

Media · Podcasts & interviews

featuring the team

James Parker, Leonid Capital Partners

SpaceNews · James Parker

Images

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