U.S. Air Force — 2019 Investments

Elder Research is a data science and predictive analytics consultancy that builds and deploys production-ready analytics and modeling solutions for clients.

AI & Machine LearningData & InfrastructureEnterprise SoftwareCharlottesville, US

JEJohn Elder(Founder; Chairman of the Board)inJDJ. Dustin Hux(Executive Officer)inJeffrey L. Deal(Executive Officer)STShree Taylor(Executive Officer)inWGW. Gerhard Pilcher(Executive Officer)inGPGerhard Pilcher(CEO)in

EMA develops validated electromagnetic and plasma simulation solvers paired with AI for full-wave EM analysis, and offers EM consulting and testing/measurement services covering EMC, HIRF, lightning, RF cosite interference and RCS.

AI & Machine LearningDeep TechDefense Tech

Element 119 manufactures and develops high-performance coating technologies, including anti-corrosion, high-heat, anti-erosion, superhydrophobic, antimicrobial, and chemical-resistant coatings.

Advanced ManufacturingNew Materials

Elemental Coatings develops specialty coating formulations that prevent ice and scale buildup on various surfaces using technology licensed from the University of Houston.

Advanced ManufacturingCleantechEnergyNew MaterialsHouston, US

Hadi Ghasemi(Chief Technology Officer)

Elphel designs and manufactures high-performance cameras released as free/open-source software and hardware under the GNU GPL and CERN Open Hardware License.

Deep TechDeveloper ToolsHardware

Elroy Air develops autonomous hybrid-electric aircraft for heavy-payload cargo delivery, serving commercial logistics, defense, and humanitarian customers.

Deep TechHardwareLogistics & Supply ChainRoboticsCalifornia, US

DMDave Merrill(Founder & Executive Chairman)inCCClint Cope(Founder)inACAndrew Clare(Chief Executive Officer)inDavid Merrill(Founder)

BoardDLDarren Liccardo(Director)in

Co-investorsSHShield CapitalSNSnowpointASAster CapitalCACatapult VenturesCICity LightCUCubit Capital+15 more

Emagine IT (EIT) runs a workforce development program that provides hands-on training for people transitioning into technology careers, covering cybersecurity, data analytics, and cloud computing.

AI & Machine LearningCybersecurityDeveloper ToolsEdTechEnterprise SoftwareFuture of WorkGovTech

Co-investorsENEnlightenment Capital

Zimmer Biomet develops medical devices and orthopedic solutions for patients and healthcare providers globally.

BiotechHealthtechMedical DevicesVienna, US

Jeffrey Conroy(Chief Executive Officer)Michael Francis(Director)Tim Meyers(Director)Michael O'Kane(Director)

BoardRBRob Ball(Director)

Co-investorsGEGenesis Innovation GroupHOHorizon Technology Finance

Kloch builds an FPGA-based data security system that encrypts OT network traffic at the binary level in real time, with full system latency under 0.07 ms and quantum-resistant variable word length encryption.

CybersecurityHardwareIoT

Entropy Technology Design is a woman-owned technology and engineering firm specializing in very low frequency magnetic field anomaly detection, sensor development, and data acquisition.

Deep TechDefense TechHardware

Tami Fitzpatrick(CEO)

Enveil develops Privacy Enhancing Technologies (PETs) that protect data while it is being used or processed, including its ZeroReveal solutions for secure data usage, collaboration, monetization, and secure AI.

AI & Machine LearningCybersecurityData & InfrastructureDeep TechEnterprise SoftwareFulton, US

EAEllison Anne Williams(Founder)in

BoardTETim Eades(Director)inZulfe Ali(Director)RRRobert R. Ackerman Jr.(Director)in

Co-investorsBLBloomberg BetaC5C5 CapitalCYCyber Mentor FundDADataTribeINIn-Q-TelALAllegisCyber Capital

Hawthorne, US

John Tenet(Director)Grant Verstandig(Director)Nathan Mintz(Executive Officer, Director, Promoter)Harry Marr(Executive Officer)Max Mednik(Executive Officer)

BoardJoseph Lonsdale(Director)

Co-investors8V8VCBEBedrock Capital

iAM Marketplace is an open platform for sourcing additive manufacturing materials, hardware, and services, combining polymers, printers, technical support, and in-house R&D testing.

Advanced ManufacturingB2B MarketplacesNew MaterialsCollege Station, US

Justine Schmitt(General Manager, iAM Marketplace)John Stockton(Director)Sven Thate(Director)Lars Uffhausen(Executive Officer)Steven Birdwell(Executive Officer, Director)Volker Hammes(Director)

Co-investorsBABASF Venture Capital GmbH

Develops cutting-edge electroadhesive actuators for robots using Carnegie Mellon technology to reduce weight, size, and cost.

Pittsburgh, US

Randall Eger(Director)Stuart Diller(Executive Officer, Director)Carmel Majidi(Director)

BoardIlana Diamond(Director)

Co-investorsMOMonozukuri Ventures

Ethos Systems provides an AI-driven training platform that delivers personalized, role-specific learning content and ties training to performance data for readiness measurement.

AI & Machine LearningDefense TechEdTechSaaS

APAndrew Powell(Founder)inSSSasha Seymore(Founder)inTommy Hatton(Founder)

Co-investorsCUCubit CapitalDEDefense AngelsDODorm RoomGAGaingelsJ4J4 VenturesMOMountain Group Capital+7 more

Event 38 designs and manufactures fixed-wing VTOL drones for intelligence, surveillance, mapping, and data collection missions.

Deep TechDefense TechHardwareRoboticsRichfield, US

Jeff(Founder/Leader)Mathew

Everactive develops ultra-low power, self-powered systems-on-chip (SoCs) for Ambient IoT devices that sense, process, and wirelessly transmit data using harvested environmental energy instead of batteries.

HardwareIoTSemiconductorsSan Jose, US

BCBenton Calhoun(CEO and Co-Founder)inDavid Wentzloff(CTO and Co-Founder)inBrendan R Richardson(Executive Officer, Director)

BoardGeorge Kastendike(Director)GPGreg Papadopoulos(Director)inJack Busch(Director)

Co-investorsASAsahi Kasei Corporate Venture CapitalBLBlue Bear Capital PartnersINIn-Q-TelNENew Enterprise Associates (NEA)OUOUP (Osage University Partners)ABABB Technology Ventures+2 more

Evoke Neuroscience develops computational EEG technology to enable objective assessment of brain health and cognitive impairment in clinical settings.

AI & Machine LearningBiotechDigital HealthHealthtechMedical Devices

Greg Lipschitz(CEO)Dave DeCaprio(President & COO)

Exosonic develops supersonic unmanned aircraft for military adversary training, with plans to advance the technology toward crewed supersonic passenger aircraft.

Advanced ManufacturingSpace TechLos Angeles, US

TMTim MacDonald(Founder)inNTNorris Tie(Founder)in

Co-investorsEXExpansion Venture CapitalGAGaingelsHEHemisphere Ventures LLCSTStartXY Y Combinator

Exothermics develops and commercializes non-oxide ceramics, refractory metals, and specialty thin film technologies for aerospace, defense, and semiconductor applications.

Advanced ManufacturingDeep TechDefense TechNew MaterialsSemiconductors

Fabric8Labs develops Electrochemical Additive Manufacturing (ECAM), a room-temperature metal 3D printing technology that produces dense, high-purity metal parts with micron-scale resolution and no post-processing.

Advanced ManufacturingDeep TechHardwareSemiconductorsSan Diego, US

Jeffrey Herman(Executive Officer, Director)DPDavid Pain(Founder)inDavid Wirth(Founder)Jeff Herman(Founder)

BoardCVCyril Vancura(Director)inGPGreg Papadopoulos(Director)in

Co-investorsINIntel CapitalLALam CapitalMAMarunouchi Innovation PartnersSESE VenturesTDTDK VenturesEREricsson Ventures+8 more

Falkonry builds AI software for operational excellence, helping large organizations analyze operational data to improve readiness and resilience for their operational decision makers.

Advanced ManufacturingAI & Machine LearningData & InfrastructureDefense TechEnterprise SoftwareIoTCupertino, US

NRNikunj R Mehta(Executive Officer, Director, Promoter)inPratibha Mehta(Executive Officer)in

BoardParveen Jain(Director)MGMark Gorenberg(Director)in

Co-investorsAMAmino CapitalINIn-Q-TelNENext47RVRV ZETTA 2026ZEZetta Venture Partners

Family Proud offers a mobile app that lets people create private digital support networks to coordinate care and share updates when a loved one faces a medical diagnosis or hardship.

Digital HealthSocialWellness & Fitness

Co-investorsQUQuest Venture Partners

Fantasmo provides a Camera Positioning System (CPS) that delivers hyper-accurate positioning superior to GPS, functioning effectively in urban and indoor environments without requiring satellite, beacon, or radio infrastructure.

AI & Machine LearningHardwareLos Angeles, US

Co-investorsETEthos VCLDLDV CapitalNINight Owl VenturesTETechstarsTETenOneTen VenturesUNUnlock Venture Partners

Infosentience uses AI to automatically turn clients' data into written narrative reports at scale, generating personalized versions for individual end-users and delivering them with charts and visuals to channels such as web and social.

AI & Machine LearningData & InfrastructureSaaS

Fastport provides customizable recruiting and workforce development solutions for employers, military, government, and educational institutions.

Enterprise SoftwareGovTechHR TechLogistics & Supply ChainSaaS

Jim Ray(Co-Founder and CTO)Bill McLennan(CEO)Brad Bentley(President)

Ferric develops integrated voltage regulators and DC-DC power converters using CMOS-integrated thin-film ferromagnetic power inductor technology, delivering high current density and efficiency in compact single-chip packages.

Deep TechHardwareSemiconductorsNew York, US

NSNoah Sturcken(Executive Officer, Director)inKSKenneth Shepard(Director)inMAMaurizio Arienzo(President and Chief Executive Officer)in

BoardSomu Subramaniam(Director)inYi Chen(Director)inAlex Kalnitsky(Director)

Co-investorsNENew Science Ventures

FGC Plasma develops hypersonic and air-breathing propulsion technology, including scramjets aimed at reaching Mach 5 and beyond, for hypersonic and commercial flight vehicles.

Deep TechDefense TechHardware

Fiber Dynamics manufactures engineered composite parts for aerospace, defense, and automotive applications, including components for business jets, military drones, rockets, and Formula One race cars.

Advanced ManufacturingDefense TechNew MaterialsWichita, US

Darrin Teeter(Founder / Chief Steward)

FiberQA develops robotic fiber optic inspection and cleaning systems for aerospace, defense, telecom, and datacom companies.

Advanced ManufacturingDefense TechHardwareRobotics

SlateSafety makes a wearable armband and connected software that monitors workers' physiological and environmental data to prevent heat-related illness, sending real-time safety alerts and supporting lone-worker safety.

HardwareHealthtechIoTNorcross, US

Tyler Sisk(Director)Joseph Boettcher(Director)Zachary Braun(Executive Officer, Director)

Flawless Photonics manufactures ZBLAN optical fiber (marketed as SpaceFiber) in microgravity aboard the International Space Station, where gravity-induced defects can be eliminated to achieve lower attenuation and broader bandwidth than silica-based fiber.

Advanced ManufacturingDeep TechNew MaterialsSpace TechMountain View, US

Robert Loughan(Executive Officer, Director, Promoter)David Shoup(Executive Officer, Promoter)inIoana Cozumta(Executive Officer, Director, Promoter)Chandra Kant Singla(Executive Officer, Director, Promoter)

Co-investorsELElevate Ventures

Flite Advantage develops virtual aircraft simulation and training software for personal, educational, and entertainment use.

ConsumerDefense TechEdTechGamingHardware

Mark E. Cioffi(President and Founder)

FLITE develops laser-based surface functionalization and coating technologies—including diamond-like coatings, nanoscale additive manufacturing, and laser cleaning/peening—that protect industrial materials from ice, corrosion, and bacteria without toxic chemical coatings.

CleantechDeep TechNew Materials

Fluree provides a graph-native data layer that connects to AI agents via MCP clients such as Claude and Cursor, letting agents draw answers from a governed knowledge graph rather than a vector cache.

AI & Machine LearningData & InfrastructureDeveloper ToolsWinston Salem, US

BPBrian Platz(Executive Officer, Director)inAndrew Filipowski(Director)Andrew 'Flip' Filipowski(Founder)inEliud Polancoin

BoardPAPatricia A. Muoio(Director)inMalcolm Thorne(Director)

Co-investorsAUAugment VenturesGOGood Growth CapitalRERevolutionSEService Provider CapitalSISINEWAVE VENTURESTETech Square Ventures+2 more

Co-investorsALAloft VCGOGotham Gal VenturesSCScrum VenturesVAValence VenturesWAWavemaker Three-Sixty Health

FormAlloy Technologies builds metal additive manufacturing systems and provides related services based on Directed Energy Deposition (DED), using metal powder and wire deposition for 3D printing, joining, and repair of metal components.

Advanced ManufacturingHardwareNew MaterialsSpring Valley, US

MLMelanie Lang(Executive Officer, Director)inJeffrey Riemann(Executive Officer, Director)

Fortifyedge builds edge-AI "Human-State Intelligence" software that turns wearable signals into readiness and security insight.

CybersecurityCambridge, US

Co-investorsDEDefence TrailblazerTETechstars

Fraym produces census-like, ward-level population data anywhere in the world using novel data sources and AI.

AI & Machine LearningData & InfrastructureDeep TechArlington, US

Benjamin C Leo(Executive Officer, Director)

BoardBPBobby Pittman(Director)inJudd Devermont(Director)inGuillaume Castel(Director)QNQueen Nworisara Quinn(Director)in

Co-investorsCACapital InnovatorsKUKupanda Capital

Friedman Research Corporation (FRC) develops virtual testing tools and simulation software along with impact and blast protection hardware, serving military, mining, and pipeline clients.

Deep TechDefense TechHardware

Frontline Support Solutions provides facility support, maintenance, and construction services for commercial, Department of Defense, and government clients.

Construction TechGovTechSan Antonio, US

The Futurist Institute offers in-person and online certification and training programs, including the Certified Futurist and Long-Term Analyst (FLTA) designation, focused on preparing professionals for the business impact of future technologies.

EdTechFuture of Work

G2 Ops provides model-based systems engineering and cybersecurity solutions to the U.S.

AI & Machine LearningCybersecurityDefense TechVirginia Beach, US

Dean Smith(VP of Security Engineering and Enterprise Integration)Tracy Gregorio(CEO)Robert Gregorio(President)

Gapingvoid is a culture consultancy that designs organizational culture as a management system through its Culture as a System® approach, helping leaders align strategy with employee behavior.

Enterprise SoftwareFuture of Work

Gecko Robotics builds robots equipped with sensors and cameras to inspect industrial structures like boilers for structural defects, replacing dangerous manual inspections at height.

Advanced ManufacturingAI & Machine LearningDeep TechRoboticsPittsburgh, US

JLJake Loosararian(CEO)inTDTroy Demmer(COO)inIan Miller(CTO)inFalon Fox(Director of HR \u0026 TA)Jaclyn Goldstein(Head of Recruiting)Nate Kurtz(Technical Recruiter)

Co-investorsALAlpha PartnersBABase Venture Management, Inc.COCox EnterprisesCUCubit CapitalDRDrive CapitalFIFifth Down Capital+46 more

BiotechHuntsville, US

KCKrishnan Chittur(Director)inPSPeggy Sammon(Executive Officer, Director)in

BoardTim Newell(Director)Michael Chambers(Director)

General Radar Corp. designs high-resolution phased-array radar systems, including a C-band multi-mission radar with a GaN AESA front-end, digital beam-forming, and a supercomputing signal-processing backend.

Deep TechDefense TechHardwareBelmont, US

Co-investorsOCOctave Ventures LlcDIDisruptiveKLKleiner PerkinsSTStartX

GeoOptics develops satellite-based Earth observation instruments and GNSS weather products that provide atmospheric, surface, and subsurface data for environmental monitoring and planning.

Climate TechData & InfrastructureDeep TechSpace TechPasadena, US

TPThomas P. Yunck(Executive Officer, Director)inJon Kirchner(Executive Officer)CCConrad C. Lautenbacher(Executive Officer, Director)inRussell H. Packer(Executive Officer)

BoardMarco Villa(Director)Wesley K. Clark(Director)

Co-investorsSTStarbridge Venture Capital Llc

Geopipe creates digital twin technology that generates immersive 3D models of real-world cities and environments for use in games, simulations, training, and architecture.

AI & Machine LearningData & InfrastructureDeep TechGamingNew York City, US

CMChristopher Mitchell(CEO and Co-Founder)inTDThomas Dickerson(CSO and Co-Founder)inDickerson Dickerson(Executive Officer, Director, Promoter)Thomas Dickerson, Ph.D(CSO and Co-Founder)Joshua Duyan(Director)

Co-investorsGEGENIUS NYGRGreat Oaks Venture CapitalTETechstarsVEVermont Center for Emerging Technologies (VCET)ALAlexa FundAMAME Cloud Ventures+2 more

Geosite is a cloud platform that aggregates public and commercial geospatial data including satellite imagery, allowing users to search, purchase, and manage datasets for planning and operations.

Enterprise SoftwareSaaSSan Francisco, US

RORachel Olney(Founder)inDan Lim(Engineering)Stella Yu(Director of Operations)Candace Scott(Assistant)Daniela Moody(CTO)

Co-investorsGAGaingelsINIntelis CapitalMSMS&AD VenturesY Y CombinatorBCBCo VentureBEBee Partners+5 more

Co-investorsCICity LightPRPropel Venture Partners

GhostWave develops quantum sensing and radar technologies using Rydberg atomic vapors and a patented pseudo-random RF noise waveform protocol.

Deep TechHardwareQuantum Computing

Great Lakes Crystal Technologies manufactures specialized diamond substrates for optical, quantum, thermal, and electronic applications in advanced systems.

Deep TechNew MaterialsQuantum ComputingSemiconductors

TGTimothy Grotjohn(CTO)in

Co-investorsMIMichigan Rise

Spotlight Technologies Corporation develops SPYDR, a wearable sensor platform that monitors physiological signals (SpO2, heart rate, respiratory patterns) and cognitive load in real time to identify and alert operators to risks such as hypoxia.

Defense TechHardwareHealthtech

GlobalSim develops high-fidelity simulation training systems for defense and government organizations, enabling operators to build skills safely on equipment such as lifting and earthmoving machinery before live deployment.

Deep TechDefense TechSaaS

Brad Ball(Vice President, Defense)

Globe Machine Manufacturing designs and builds industrial machinery for manufacturers in building products, aerospace, composites, pulp and paper, and engineered wood sectors.

Advanced ManufacturingConstruction TechHardwareRoboticsTacoma, US

Ron JacobsenShawn Koren(Director of Sales – Building Products)

Sandy, US

Josh Cross(Executive Officer, Promoter)

Doodle Labs manufactures wireless communication hardware modules for mesh networking, relay, and point-to-multipoint operations across defense and commercial ISM frequency bands.

Defense TechHardwareIoTRoboticsUnited States, US

Nimesh

Manufacturer of forced-entry and tactical breaching tools and equipment, including battering rams, bolt cutters, pry bars, hydraulic breaching kits, and tactical ladders.

Advanced ManufacturingDefense TechHardware

Greetly provides a digital visitor management platform that automates workplace check-in processes, compliance logging, and security workflows.

Enterprise SoftwareFuture of WorkSaaS

Dave Milliken(Founder and CEO)

Greystones Group provides technical support, advanced analytics, cybersecurity, and software development services to U.S.

CybersecurityDefense TechGovTechWashington, US

Sheila Duffy(Founder and Chief Executive Officer)

PilotEdge provides live air traffic control for flight simulator users, staffed by real controllers during set hours so home simmers can communicate on the radio and interact with other pilots and aircraft.

ConsumerGamingSaaS

Grypmat makes non-slip, flexible tool mats and trays designed to hold tools in place and prevent them from getting lost or sliding around during work.

ConsumerE-commerceHardware

Tom Burden(Founder)

Guided Particle Systems is an advanced technology research, development, and manufacturing company specializing in system-level packaging, integration, and complex problem-solving across domains including oceanographic sensors, robotics, and quantum science.

Advanced ManufacturingDeep TechDefense TechHardwarePensacola, US

Gyro Stabilized Systems manufactures gimbals designed for broadcast applications, particularly for live sports, electronic news gathering, and other live broadcasting events.

Deep TechDefense TechHardwareMedia & EntertainmentRoboticsGrass Valley, US

Jason Fountaine(Managing Director)

HAAS Alert operates a vehicle-to-everything (V2X) platform that delivers real-time safety alerts to drivers about roadway hazards, emergency vehicles, and roadside workers.

AI & Machine LearningIoTLogistics & Supply ChainMobility & TransportationSaaSChicago, US

CHCory Hohs(Co-founder & CEO)inNLNoah Levens(Co-founder)inJigar Patel(Co-founder)in

Co-investorsDODoon CapitalJHJHH vcMIMichigan Capital NetworkSTStacked CapitalTETechstarsTHThree Tree Ventures+5 more

Hedgefogg Research manufactures Dayton AVT, an automated vision testing instrument designed for clinical assessment and research, developed in collaboration with the US Air Force for aircrew vision evaluation and patient care applications.

AI & Machine LearningDeep TechHardwareMedical DevicesSpace TechSouthern California, US

Higher Ground manufactures SatPaq, a compact satellite communicator designed for secure, reliable connectivity in remote areas and various industries.

CybersecurityHardwareIoTSpace TechPalo Alto, US

RRRob Reis(CEO)inJeffrey Goldberg(Executive Officer)

Co-investorsVEvenn growth partners

HitCheck offers an on-location cognitive assessment tool that helps coaches, trainers, and medical staff establish baselines and observe changes in athletes' cognitive performance after head impacts.

Digital HealthHealthtechSports TechSan Francisco, US

JBJake Benford(Co-Founder)inMPMike Piha(CEO/Co-Founder)inJACOB BENFORD(Director)ROBERT SIMPSON(Director)

Luminit is an optics company that makes holographic Light Shaping Diffusers and Transparent Holographic Components which control and reshape LED and laser light.

Deep TechHardwareNew Materials

Holos develops immersive experience creation software for the Apple Vision Pro and extended reality platforms.

Crypto & Web3Deep TechEdTechEnterprise SoftwareFuture of WorkGamingHardwareImpact & Social GoodTravel & HospitalityWellness & FitnessMadison, US

Daniel Borkhus(Founder)inTWTyler Waite(Co-Founder / COO)in

Co-investorsTETechstarsTUTundra AngelsALAlley Robotics VenturesALAlleyCorp

HookBang is a software development firm specializing in machine vision, AR, VR, and simulation technologies for enterprise clients.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareGamingSaaS

HTX Labs builds advanced training and operational preparedness capabilities, including the EMPACT platform leveraging immersive technologies (VR, MR, AR) and AI, designed to help warfighters prepare for real-world missions.

AI & Machine LearningDeep TechDefense TechEdTech

SSScott Schneider(CEO)inCVChris Verret(President & CTO)in

Co-investorsCYCypress Growth Capital

Evoltix provides intelligent backup and off-grid power systems for critical communication networks and mission-critical sites, including hybrid power shelters and its IntelliCore platform for monitoring, automation, and predictive analytics.

CleantechEnergyIoT

Hydrosat converts satellite and ground data into actionable information for sustainable agriculture and water management.

AgTechAI & Machine LearningClimate TechData & InfrastructureSpace TechWashington, US

PFPieter Fossel(CEO)inSAScott Alan Soenen(Executive Officer)Alan Royce Dalby(Executive Officer, Director)Yun Jin Kim(Executive Officer)

BoardARAndrew Robert Dearing(Director)inANAdam Niewinski(Director)in

Co-investorsBLBlue Bear Capital PartnersEXExpon CapitalFRFREEFLOWHEHemisphere Ventures LLCINIndustrious VenturesNENextwave [X] Partners+8 more

Hydrostasis develops technology focused on helping aging adults maintain health through hydration monitoring, leveraging expertise in optical technology, data science, and biology.

Deep TechHardwareHealthtechIoTLongevityWellness & Fitness

Debbie K. Chen, PhD(Founder)in

Co-investorsADAd Astra VenturesIGigniteXL VentureSOSOSV

ICON designs and builds architectural structures while providing technology solutions to construction teams to improve building speed and reduce costs.

Construction TechDeep Tech

JBJason Ballard(Founder)inAlexander Le Roux(Founder)inAlex Le Roux(Founder)Evan Loomis(Founder)Kennan Davison(Founder)TSTim Sherwood(Founder)in

Co-investors1F1Flourish CapitalBOBond Capital ManagementCACapital FactoryDRDraper AssociatesENEnsemble VCEVEvolution VC Partners+22 more

ILW builds data and machine-learning software that turns raw data into analytics and decision support, offering tools for insight generation, additive manufacturing part evaluation, data cleansing, and predictive logistics.

Advanced ManufacturingAI & Machine LearningData & InfrastructureDefense TechEnterprise SoftwareDayton, US

Imandra builds CodeLogician, a neurosymbolic AI tool that translates source code into formal mathematical models to prove code properties, find bugs, and generate test cases.

AI & Machine LearningDeep TechDeveloper ToolsFintechAustin, US

GPGrant Passmore(Cofounder & Co-CEO)inDIDenis Ignatovich(Cofounder & Co-CEO)inKrishna Srinivasan(Director)

BoardESEd Stacey(Director)in

Co-investorsALAlbionVCANAnthemis VentureIQIQ CapitalGRGreen Visor Capital

Co-investorsOWOwl VenturesUPUpfront VenturesRERethink Capital Partners

Santa Rosa, US

ASAlbert Spencer Gore(Executive Officer, Director)Spencer Gore(Founder)in

Co-investorsBEBessemer Venture PartnersPRPrelude VenturesWEWestern Technology InvestmentAIAirbus VenturesECEclipse VenturesTETechNexus Venture Collaborative

Improve Group is a facilities and construction solutions company that evolved from its origins in shelving to provide comprehensive master planning, immersive design, and construction integration services to help organizations optimize their physical spaces and operations.

Construction TechDefense TechEnterprise SoftwareHardwareHealthtechPropTechNew Mexico, US

IN8 Development provides crypto tracing and asset recovery services, tracking illicit cryptocurrency transactions to support the recovery of stolen or misappropriated digital assets.

Crypto & Web3CybersecurityLegalTechCamas, US

James P Daniels(Executive Officer, Director)Jill St. Clair Webb(Executive Officer)Aryk Moore(Executive Officer)Michael S Payne(Executive Officer)Jared C Halper(Executive Officer)Glen Wooden(Executive Officer, Director)

Infinite Composites designs, manufactures and analyzes composite pressure vessels for aerospace, aviation, defense, bulk gas transport and vehicular transportation applications.

CleantechDefense TechEnergyNew MaterialsSpace TechTulsa, US

Co-investorsCECentral Texas Angel NetworkIRIrishAngelsTETechstars

InfiniteTactics produces integrated custom IT systems that provide modeling, simulation, and analytics tools and workflows for clients ranging from healthcare startups to universities to the Department of Defense.

AI & Machine LearningCybersecurityDefense TechDeveloper ToolsEnterprise SoftwareHealthtech

Orlando, US

Co-investorsTETechstars

Ingalls provides cybersecurity solutions and compliance support tailored for the Department of Defense and Defense Industrial Base, specializing in Authorization-to-Operate processes, information security management, and risk advisory through embedded integration with military organizations.

CybersecurityDefense TechGovTech

Innovative Weld Solutions produces specialty welded parts using a patented process, serving customers who require high-quality welded components at lower costs than traditional methods.

Advanced ManufacturingHardwareMobility & TransportationNew MaterialsDetroit, US

InnoVet provides model-based systems engineering software and digital engineering automation services for government and enterprise customers, with capabilities for architecture validation, data traceability, and digital transformation integration.

AI & Machine LearningDefense TechDeveloper ToolsEnterprise SoftwareGovTech

Peter Millius(President)Joseph Slupski(Chief Executive Officer)

Intact provides a mixed-reality tele-maintenance platform that enables remote experts to assist with equipment repairs and training using AI-powered 3D visualization and real-time data integration.

Advanced ManufacturingAI & Machine LearningDeep TechEnterprise SoftwareGovTechHardwareSaaS

Intelligent Concrete is a consulting and technical partner for the concrete and construction industry, helping companies solve concrete-related engineering problems, including 3D printing with concrete.

Advanced ManufacturingConstruction TechNew Materials

Whitney Belkowitz(CEO & Founder)

Redmond, US

RMRatul Mahajan(Executive Officer, Director)inAri Fogel(Executive Officer, Director)in

BoardOm Malik(Director)

Co-investorsTRTrue Ventures

Interphase Materials works on projects related to surface and biological interfaces, including HVAC performance prediction, biocontamination control, and applications for power plants and maritime infrastructure.

CleantechDeep TechNew Materials

Intrinsic provides IT modernization and digital transformation services to large enterprises and government clients, helping them adopt agile software development practices and modern technologies for improved operational efficiency.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise Software

Broomfield, US

Anthony Scott Thompson(Executive Officer, Director)Mike Naclerio(Director)Margaret Philpot(Executive Officer)Jack Jackson(Executive Officer, Director)Ellery Buchanan(Executive Officer, Director)Ian Dickinson(Director)

Introspective Systems develops xGraph, an open-source platform and suite of productivity tools for building, optimizing, and deploying complex software systems and systems of systems.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwarePortland, US

Dr. Caryl Johnson(Founder, Chief Innovation Officer)Kay Aikin

ARIA Cloud is a managed cloud environment designed to enable enterprises to develop and deploy AI and automation solutions without building underlying infrastructure.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaS

Atlanta, US

AGAdam Ghetti(Founder)Steve Abbott(Executive Officer, Director)in

BoardTed Schlein(Director)Thomas E. Noonan(Director)Philip Dunkelberger(Director)

Co-investorsGRGray VenturesGVGV (Google Ventures)ICIcon VenturesKLKleiner PerkinsSPSpider CapitalTETen Eleven+4 more

Iris Light develops photonic inks based on nanomaterials that enable integration of light-emitting and light-detecting components directly onto silicon wafers, addressing manufacturing bottlenecks in silicon photonics and infrared imaging.

Advanced ManufacturingDeep TechHardwareNew MaterialsSemiconductorsChicago, US

CHChad Husko, Ph.D.(Founder)in

Co-investorsEVEvergreen Climate InnovationsTETechstarsTHThird Derivative

iRocket (Innovative Rocket Technologies Inc.) develops next-generation reusable rockets and advanced propulsion technology for aerospace and defense customers, including work with the U.S.

Defense TechHardwareSpace TechNew York, US

AMAsad Malik(CEO)in

Co-investorsGAGaingelsRERed Beard Ventures

Irys develops security, simulation, and modernization technologies for mission-critical institutions including government agencies and defense organizations.

AI & Machine LearningCybersecurityDefense TechEnterprise SoftwareGovTechSan Antonio, US

BABeto Altamirano(Co-Founder, Chief Executive Officer)inEBEduardo Bravo(Co-Founder, Chief Operations Officer of Irys Technologies)inAlberto Gomez, PhD(Co-Founder)

Co-investorsGOGood Growth CapitalTETechstarsDEDeepWork CapitalMAMarkd

JetCool designs direct-to-chip liquid cooling modules that use microconvective cooling technology to reduce energy consumption, water usage, and carbon footprints in high-power electronics.

CleantechDeep TechHardwareSemiconductorsLittleton, US

BMBernard Malouin Jr.(Executive Officer, Director)Jordan Mizerak(Cofounder)inBMBernie Malouin(Founder & CEO)inAMAlexandra Manick(Director)inLawrence Fish(Director)

Co-investorsBOBosch VenturesMAMassVenturesSCSchooner CapitalINIn-Q-TelRARaptor Group

Jiobit develops wearable tracking devices for child safety, pet monitoring, and elder care supervision.

ConsumerHardwareIoTChicago, US

JRJohn Renaldi(Co-founder)in

Co-investorsDIDipalo VenturesFIFirst Generation CapitalHAHarvard Business Angels of ChicagoNENew Stack VenturesSASandalphon CapitalTETechstars+2 more

Joby develops electric aircraft for urban air mobility and air taxi services.

Advanced ManufacturingCleantechHardwareMobility & TransportationSanta Cruz, US

JBJoeBen Bevirt(Founder)inPSPaul Sciarra(Director)inMatthew Field(Chief Financial Officer)Justin Lang(Head of Partnerships and Corporate Strategy)BSBonny Simi(Head of Air Operations and People)inKDKate DeHoff(General Counsel and Corporate Secretary)in

Co-investors8V8VCA*A*KLKluz VenturesLILingottoMAManta Ray VenturesMIMillennium New Horizons+8 more

Kana Systems provides digital transformation services combining machine learning, artificial intelligence, and automation technologies with defense-grade security for enterprise clients.

AI & Machine LearningDeep TechDefense TechEnterprise Software

Kairos Research conducts applied research on human-AI collaboration and cognitive systems for clients in commercial, academic, and government sectors.

AI & Machine LearningDeep TechDefense TechDayton, US

Dr. Brandon (Brad) Minnery(Founder and CEO)Ebi Maki(Co-founder and COO)

KEF Robotics develops computer vision-based autonomy software that enables aircraft to fly without human pilots or GPS, serving commercial partners and U.S.

AI & Machine LearningDefense TechHardwareRoboticsPittsburgh, US

Eric Amoroso(Co-founder & Co-CTO)Kerry Snyder(Co-founder & Co-CTO)Fraser Kitchell(Co-founder & CEO)

Kimora Solutions provides training support, technical writing, and cybersecurity consultation services to government contractors.

CybersecurityEdTechEnterprise SoftwareGovTech

Jennifer Chaney(Owner, Chief Executive Officer)

Kinnami develops resilient, zero-trust data infrastructure purpose-built for distributed and disconnected environments including space, battlefield, and IoT systems.

Cloud ComputingCybersecurityData & InfrastructureDefense TechEnterprise SoftwareIoTBoston, US

Christopher Chandler(Co-founder & CTO)

Co-investorsCACapital Innovators

Koolock provides high-resolution, high-revisit-rate Earth observation and environmental data with automated feature detection that flags events such as fires, storms, floods, and droughts.

AI & Machine LearningClimate TechSpace Tech

Xplore operates a low Earth orbit satellite constellation that delivers remote sensing data, edge computing capabilities, and satellite operations software.

Data & InfrastructureIoTSaaSSpace TechDenton, US

Marshall Kulpepper(Executive Officer, Director)Dave Sims(Executive Officer)Tyler Browder(Executive Officer)Jesse Hamner(Executive Officer)

Co-investorsAUAutochrome VenturesBABatshit Crazy VenturesDEDevelopment Bank of WalesDRDraper AssociatesDRDraper DragonGGGGV Capital+2 more

Steven Hong(Founder)Jeff Mehlman(Founder)Jung-Il Choi(Founder)Mayank Jain(Founder)Philip Levis(Founder)Sachin Katti(Founder)

Co-investorsCICisco InvestmentsNENew Enterprise Associates (NEA)THThird Point Ventures

Kuprion develops ActiveCopper materials and printable conductive inks used to manage heat in high-power, high-temperature electronic systems, serving electronics engineers and manufacturers across industries including semiconductor packaging, electric vehicles, and 5G communications.

HardwareNew MaterialsSemiconductorsSan Jose, US

DADr. Alfred Zinn(Founder)in

Co-investorsALAlsop Louie PartnersDODolby Family VenturesSTStartup Capital Ventures

LaunchBay develops products for both military and commercial markets by leveraging government contracts to scale solutions and then transitioning them across defense and civilian applications.

Deep TechDefense TechDeveloper ToolsNew Materials

Launcher develops the E-2 liquid rocket engine, a LOX/Kerosene oxidizer-rich staged combustion engine, sold as a product to launch vehicle companies.

Deep TechHardwareSpace TechHawthorne, US

MHMax Haot(Founder & CEO)in

Co-investorsK K Street CapitalRERed Sails InvestmentWIWinklevoss CapitalINInterplay Ventures Early Stage Management Llc

LaunchPath provides digital guidance, training, and support to help aspiring innovators and entrepreneurs develop and commercialize their ideas into products and businesses.

EdTechEnterprise SoftwareFuture of WorkSaaS

Mannie Schumpert(Co-Founder/CTO)Gray Somerville(Co-Founder/CINO)Edwin Goutier(CEO)

Legionarius builds physiological monitoring smart garments that detect penetrating, ballistic, and hemorrhage wounds in real-time and transmit casualty geolocation, wound data, and vital signs to medics and command.

Defense TechHardwareHealthtech

Leo Aerospace developed a reusable high-altitude balloon ("rockoon") system to launch small rockets carrying CubeSats, aiming to offer dedicated small-satellite launch services.

Gardena, US

Co-investorsPLPlug and Play VenturesTETechstars

LIFT Aircraft develops a new type of personal, electric vertical-takeoff aircraft and operates an experiential entertainment business that lets everyday people fly.

Advanced ManufacturingConsumerDeep TechHardwareMobility & TransportationAustin, US

MCMatt Chasen(Founder & CEO)inKenneth Miller(Executive Officer)

Co-investorsATATX Venture PartnersDEDecisive PointPOPoint Nine

LILT provides a multilingual AI platform that uses agentic AI models combined with expert human verification to translate and localize enterprise content such as product materials, technical documentation, and marketing campaigns.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

JDJohn DeNero(Founder)inSGSpence Green(Founder)in

BoardWilliam Coughran(Director)MRMark Rostick(Director)in

Co-investorsCACAL InnovationCACalifornia Innovation FundCLClear VenturesINIn-Q-TelINIntel CapitalKUKube VC+4 more

Linc Research is a specialty engineering and science support contractor serving NASA, the Department of Defense, commercial space companies, and the offshore wind industry.

Deep TechDefense TechHardwareSpace TechHuntsville, US

Liquid X develops conductive inks and sensors integrated onto textiles and PET substrates for applications requiring proximity detection, touch sensing, and temperature measurement.

Advanced ManufacturingHardwareIoTNew MaterialsPittsburgh, US

RDRichard D. McCullough(Co-Founder & Chairman)Gregory S. Babe(Executive Officer, Director)Beth Vasyin

BoardWilliam R. Newlin(Director)

Co-investorsNENewlin Investment Company LLC

Momentous makes science-backed nutritional supplements for performance and wellness, including sleep support formulas designed for athletes and high performers.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Co-investorsBRBreak Trail VenturesMUMuse CapitalNENext VenturesTHThe Family Fund

LOCOAL converts organic waste into biochar, clean energy, sustainable materials, and renewable fuels using its RAINMAKER systems, with the goal of carbon capture and landfill reduction.

AgTechCircular EconomyCleantechClimate TechEnergyDel Valle, US

Matthew Peterson(Director)Miles Murray(Director)in

Co-investorsKIkineo finance

Long Capture is an outsourced defense sales and capture firm that acts as a federal sales team for technology startups, helping them win and manage Department of Defense contracts including SBIR/STTR, Phase III, TACFI, and STRATFI awards.

Defense TechGovTech

Russ Long

Lumena creates products that enhance human cognitive performance through the application of technology and emerging scientific research.

AI & Machine LearningHealthtechMental HealthWellness & Fitness

Pamela Glick(Chief Executive Officer)Nadia Brewster(COO / CMO)

Lumineye manufactures portable radar sensors that enable first responders and military personnel to detect and locate individuals behind walls and other barriers.

GovTechHardwareBoise, US

RKRobert Kleffner(CTO)inMLMegan Lacy(Founder)inCHCorbin Hennen(Founder)in

Co-investorsITITERATIVEY Y Combinator

Lunar Resources develops pulsed power technologies for industrial applications on Earth and in space, including operations on the Moon and Mars.

Advanced ManufacturingDeep TechEnergySpace TechHouston, US

Lynk Global provides direct-to-device satellite connectivity to mobile phones without requiring ground infrastructure.

Space TechChevy Chase, US

TSTyghe Speidel(Co-Founder and CTO)in

Co-investorsBABalerion Space VenturesBLBlazar Ventures, LLCFLFlucas VenturesGAGaingelsONOne Way VenturesRRRRE Ventures+6 more

Co-investorsDEDecisive Point

Athos provides muscle activity tracking and analysis through biometric base layers and software to help coaches and trainers monitor athlete performance in real-time and optimize training programs.

HardwareHealthtechSports Tech

MagicCo is a marketing and technology firm that develops campaigns and products for brands across consumer goods, eCommerce, food, finance, government, and entertainment sectors.

AdTechAI & Machine LearningConsumerData & InfrastructureDeveloper ToolsMarketing TechSaaSBrooklyn, US

Mantis Composites specializes in 3D printing technology for high-performance industrial applications, producing lightweight and strong composite materials for customers in demanding industries.

Advanced ManufacturingDeep TechHardwareNew MaterialsSpace TechSan Luis Obispo, US

MTI designs and manufactures friction welding machines and provides welding services for industrial customers in automotive, aerospace, and manufacturing sectors.

Advanced ManufacturingDefense TechHardwareSouth Bend, US

Conrad Adams

AgTechBothell, US

Robert E. Park(Executive Officer, Director)

MATBOCK makes the BLS, a multi-purpose aluminum bench, ladder, and stretcher designed for inflatable boats used in special operations.

Advanced ManufacturingDefense TechHardwareMedical Devices

Campaign Series: Vietnam is a turn-based tactical and operational war game simulating historical conflicts in Southeast Asia from 1948 to 1967, including the French Indochina War, Vietnamese Civil War, and early U.S. involvement.

Defense TechGaming

MCP Computer Products is a woman-owned small business that supplies IT solutions, hardware, and software to U.S. federal agencies and their integrators.

Defense TechEnterprise SoftwareGovTechHardwareLogistics & Supply Chain

MedCognition develops PerSim®, a portable and affordable patient simulator for healthcare professionals including EMTs, paramedics, nurses, and rapid response teams to train on realistic clinical scenarios.

EdTechHealthtechMedical DevicesSan Antonio, US

Russell J. UnrathJohn Quarles(PhD)Hector Caraballo(MD)

Temple Massager makes a drug-free, handheld device that applies pressure and lavender aromatherapy to ease jaw and facial tension, headaches, and stress.

ConsumerDirect to ConsumerWellness & Fitness

Joe Meisch(Founder & CEO)

Mentis Sciences is a federal government contractor specializing in research and development with extensive experience in materials science and aerospace manufacturing.

Advanced ManufacturingDeep TechDefense TechSpace Tech

John F. Dignam(Founder)

Metamorph Software develops model-based engineering tools, with a flagship open-source toolset called OpenMETA for multi-domain modeling, analysis, and design.

Deep TechDeveloper ToolsEnterprise Software

Dr. Ted Bapty(Founder & Chairman of the Board)Dr. Janos Sztipanovits(Founder & Board Member)Dr. Sandeep Neema(Founder & Board Member)Dr. Jason Scott(Founder & Chief Executive Officer)

Metis provides engineering services, modeling and simulation, and research and development support for federal aerospace and defense clients including NASA and the Department of Defense.

Deep TechDefense TechDeveloper ToolsSpace TechAlbuquerque, US

Dr. Joy Colucci(Founder, Owner and CEO)

HealthtechBoulder, US

Amy Beckley(Executive Officer, Director)Elizabeth Hambrecht(Director)Christina Chamberlain(Director)Ellen Schell(Executive Officer, Director)Jeffrey Schell(Executive Officer)

FlyBoys manufactures and sells aviation gear and equipment for pilots and military aircrew, including the flagship FlyBoys Kneeboard and related products.

ConsumerDefense TechE-commerceHardware

Mike Schulter

Ben Taft(Founder)Matt Stern(Founder)Montana Reed(Founder)Ted Oladele(Founder)

Co-investorsB3B3 CapitalDEDentsu VenturesGRGreen Meadow VenturesMAMaC Venture CapitalBIBitkraft Esports VenturesBRBrandProject Capital+5 more

Spectronn builds agentic AI systems that transform complex data into trusted autonomous workflows for mission-critical operations across defense, maritime, critical infrastructure, and edge environments.

AI & Machine LearningDeep TechDefense TechEnterprise Software

Charlottesville, US

David Drescher(Executive Officer, Director)

Co-investorsBLBlue Bear Capital PartnersR/R/GA Ventures

Mobius AssetGuard is a predictive maintenance platform that uses machine learning to detect equipment failures before they occur by analyzing sensor data from industrial systems.

AI & Machine LearningDeep TechDefense TechEnterprise SoftwareIoT

Mobodyne develops bio-inspired aerial vehicles ("MoboFlyers") that combine on-demand variable buoyancy lift with distributed propulsion-enabled winged lift for extended airborne operation and rapid repositioning.

Defense TechHardwareMobility & Transportation

San Francisco, US

James Blaisdell(Executive Officer, Director)inSandy Taylor(Executive Officer)James Isaacs(Executive Officer, Director)Alan Brenner(Executive Officer)

BoardRCRob Coneybeer(Director)inJSJohn Scull(Director)in

Co-investorsINIn-Q-TelSASaints CapitalSHShasta VenturesSOSouthern Cross Venture Partners

Modula-S builds the Force Sustainer System (FS-25 and FS-50), modular relocatable buildings with high-insulation envelopes and solar microgrid power designed for self-sufficient deployment in extreme climates.

CleantechConstruction TechDefense Tech

Mojo Vision develops micro-LED technology, positioning it as a platform for AI infrastructure and next-generation displays.

Deep TechHardwareSemiconductors

DPDrew Perkins(Founder)inNBNikhil Balram(Chief Executive Officer)inMWMike Wiemer(Chief Technology Officer)inGAG. Aaron James(General Counsel)inMichael Deering(Founder)Michael Wiemer(Founder)

Co-investorsARARC Angel FundARArgonautic VenturesBOBold Capital PartnersDIDisney AcceleratorDODolby Family VenturesFLFlucas Ventures+21 more

Monkton develops secure mobile-first systems and edge computing solutions for government and enterprise customers.

Cloud ComputingCybersecurityDefense TechGovTech

Harold Smith III(CEO and Co-Founder)inChris Gorman(COO and Co-Founder)inSteve Thompson(CTO and Co-Founder)inWill Gaskins(Co-Founder)in

Montuno Software develops Dosecast, a medication management app that helps users remember and track when to take their medications across multiple devices.

Cloud ComputingDigital HealthHealthtechSaaS

Jonathan Levene(Partner and Co-Founder)Jeremy Elson(Partner and Co-Founder)Prab Goriparthi(CEO)

Operant provides security and governance controls for agentic AI systems and Model Context Protocol workflows, enforcing per-action authorization, privacy controls, and audit-ready evidence at the network layer for regulated enterprises.

AI & Machine LearningCybersecurityEnterprise SoftwareRohnert Park, US

Shounok Sinha(Director)David Bass(Executive Officer, Director)Keith Rose(Executive Officer, Director)Rod Sugiyama(Executive Officer)Randall King(Executive Officer, Director)Robert MacDonald(Executive Officer)

Co-investorsCOConstellation Technology VenturesMSMSIVTHThin Line CapitalMAMarin Sonoma Impact Ventures

Moth+Flame builds a VR training and simulation platform using spatial computing and generative AI to train employees across skills, along with reporting tools that track individual, cohort, and organizational performance and readiness.

AI & Machine LearningEdTechEnterprise SoftwareNew York, US

Kevin Cornish(Executive Officer, Director)Bryce Luken(Executive Officer)MCMegan Cornish(Executive Officer)in

Co-investorsAIAIN VenturesBEBee PartnersMOMontage CapitalSEService Provider CapitalSPSpacecadet VenturesTETech Square Ventures+2 more

MX3 develops portable hydration testing systems that measure saliva osmolarity to assess workers' hydration status in real time.

AgTechDeep TechHardwareHealthtechIoTMedical DevicesSports TechAustin, US

Nalu Scientific designs mixed-signal integrated circuits and data acquisition systems for precision measurement, including particle tracking and time-of-flight applications.

Deep TechHardwareSemiconductorsHonolulu, US