New North Ventures

New North Ventures is a venture capital firm focused on early-stage investments in technologies critical to national security and economic resilience. Founded in 2019, the firm specializes in sectors like AI/ML decision-making, cybersecurity, and technologies designed to combat misinformation. New North Ventures is dedicated to supporting companies at the intersection of defense, intelligence, and critical infrastructure, with the goal of advancing innovations that align with the national interests of the U.S. and its allies. Their investment strategy typically targets companies from Pre-Seed to Series A stages, with investment sizes ranging from $1M to $3M. New North Ventures often seeks a 10% equity stake in the companies they back. The firm is also notable for its strong ties to government entities, such as the Office of Strategic Capital and the Small Business Administration, which enhance their ability to support and scale dual-use technologies. The firm operates out of Manchester, New Hampshire, and has been involved in several high-impact investments, including companies like Reality Defender and Efabless. Their latest fund, New North Ventures Fund II, is structured to leverage both private and government capital, aiming to deliver substantial returns while supporting innovations crucial to national security.