The Pentagon’s path to venture capital


US Innovative Technology Fund: James Geurtsformer undersecretary of research, development and acquisition of the Navy, also acquisition executive at Special Operations Command (2021); Hugh Wyman Howard IIIretired rear admiral, former commander of Naval Special Warfare Command (2022); Ryan McCarthy, former Secretary of the Army (2021); Richard Spencer, former Secretary of the Navy (2019). sally donnelly, former assistant (2018) to former Secretary of Defense James N. Mattis, serves as an advisor to Thomas Tull, founder of the Innovative Technology Fund. Defense-related investments: Gecko Robotics (automated maintenance assessments), Saronic Technologies (autonomous naval vessels), Primer (AI software), Capella Space (satellites), Shield AI (AI pilot), Anduril (defense software/autonomous vehicles).

8VC:Brian Hendricksonretired Navy rear admiral, Southern Command and military director, Defense Innovation Experimental Unit (2019). Defense-related investments: Anduril Industries (defense software/autonomous weapons), Epirus (counterdrone), Palantir (artificial intelligence software), Saronic Technologies (autonomous warships).

Capital Lux: Raimundo Antonio Tomás III, retired general, US Special Operations Command (2019); James Geurtsformer undersecretary of research, development and acquisition of the Navy, and acquisition executive at Special Operations Command (2021). Defense-related investments: Hadrian (advanced manufacturing), Saildrone (autonomous maritime surveillance), Anduril (defense software/autonomous vehicles), Impulse Space (space payload delivery), Astranis (space communications), Primer (artificial intelligence software), Relativity ( space launch).

SineWave Companies: David Harrisformer Chief Data Scientist at the National Security Agency (2021); Brian Hibbelanformer director of the Department of Defense Remote Sensing Center (2020). Defense-related investments: Clarifai (computer vision, big language AI), Shabodi (communications networks).

General catalyst: Scott Howellretired Air Force lieutenant general, former Joint Special Operations Command (2021). Defense-related investments: Vannevar Labs (defense software), Anduril (defense software/autonomous drones), Applied Intuition (autonomous vehicle software).



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