We invest at the earliest stages in companies operating at the nexus of national security and commercial scale. If that is what you are building, we want to hear from you.
Pre-seed and seed. We are often the first check into a company.
Dual-use technology across AI, cyber, space, autonomy, and energy.
Technical depth, operational excellence, and a path to both defense and commercial markets.
New North Ventures is an early-stage venture fund founded in 2021, investing in dual-use technologies across the critical technology areas identified by the Department of Defense. Fund II is active.
Average check of $1M. We prefer to lead or co-lead a round.
Opportunities are reviewed in our weekly investment committee. Expect a response on next steps or a decline within one to two weeks of your pitch.
We will have reviewed your deck in advance. Come prepared to talk through the business rather than present it, and flag anything that has changed since you sent materials.