Skip to content

New North Ventures

New North Ventures is a venture capital firm based in Portsmouth, New Hampshire, focusing on early-stage investments in dual-use technologies that support national security and economic resilience. The firm leverages a team of former operators and government professionals to assist portfolio companies.

Founded
2021
Recorded stages
Pre Seed, Seed, Series A
Focus sectors
AI, Frontier, Defence
Recorded regions
Global, United States

Online destinations

Find New North Ventures online

Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.

Official links

Pages the organization runs itself.

Overview

New North Ventures is a venture capital firm founded by Brett Davis and Jeremy Hitchcock, both of whom bring extensive experience from the government and entrepreneurial sectors. Established in 2021, the firm is dedicated to investing in early-stage companies that develop innovative technologies with applications in national security and economic resilience. Their mission is to support founders whose ideas align with democratic values, particularly in sectors such as artificial intelligence, cybersecurity, and deep technology. The firm operates under the Small Business Investment Company Critical Technologies (SBICCT) program, which enhances their credibility and access to government-backed capital.

Focus

The firm invests in dual-use technologies that serve both national security and commercial markets. Key focus areas include artificial intelligence, deep tech, and solutions that enhance the capabilities of the U.S. military. New North Ventures leverages its extensive networks within defense, intelligence, and special operations communities to support its portfolio companies.

Support

New North Ventures provides its portfolio companies with access to extensive networks within the defense and intelligence sectors, facilitating connections that can lead to strategic partnerships and government contracts. The firm's expertise in dual-use technologies allows it to offer valuable insights and guidance to help companies navigate the complexities of both commercial and government markets.

Questions

What are New North Ventures' investment criteria?

New North Ventures focuses on investing in dual-use technologies that enhance national security and economic resilience. They seek early-stage companies that align with democratic values and operate in sectors such as artificial intelligence, deep tech, and defense.

How can founders apply or pitch to New North Ventures?

Founders can pitch New North Ventures through their website at Pitch Us. They recommend including a clear business model, market analysis, and how the technology addresses national security or economic resilience.

What makes New North Ventures different from other venture capital firms?

New North Ventures distinguishes itself by focusing on dual-use technologies that serve both national security and commercial markets. Their extensive networks within defense and intelligence sectors provide unique opportunities for portfolio companies.

What is the geographic scope of New North Ventures' investments?

The firm primarily invests in companies based in the United States, but they also consider opportunities in allied countries that align with their investment thesis.

What is the typical check size for investments?

New North Ventures typically invests between $1 million and $3 million in each portfolio company, depending on the stage and needs of the business.

What kind of post-investment involvement can founders expect?

New North Ventures provides its portfolio companies with access to extensive networks within the defense and intelligence sectors, facilitating connections that can lead to strategic partnerships and government contracts. They also offer insights and guidance to help navigate the complexities of both commercial and government markets.

Check your startup’s fit

Check your startup’s fit with New North Ventures

Similar investors

Organizations that do similar work to New North Ventures.

All investors
Founders Fund logoInvestor

Founders Fund is a venture capital firm based in the United States, founded in 2005. It invests in technology companies across various sectors and stages.

AEA Investors logoInvestor

Transforming businesses for long-term success.

KfW Capital logoInvestor

Empowering Europe's venture capital landscape.

Superscout Pro

Find faster. Show up verified. Keep your deals private.

$99a year, or $12 a month
Get Pro

Is this page right?Reviewed · How the research works

Something's off