US Innovative Technology Fund

Pittsburgh, Pennsylvania, United StatesFounded 2022

Defense & Space AI Hardware & Semiconductors Infrastructure & Cloud Robotics & Automation Fintech Biotech & Life Sciences

The US Innovative Technology Fund is a venture capital firm that invests in early- and growth-stage U.S.-based technology companies. Its investment focus spans sectors such as quantum computing, artificial intelligence, cybersecurity, satellites, biotechnology, defense, and space, with a strategic aim to enhance U.S. competitiveness and national interest.

39% of their portfolio is in Defense & Space. They made 4 investments in the last 12 months. Average disclosed round size is $423.3M (across 18 rounds with reported amounts).

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Portfolio

Fund Size

$4.3B

Top Stage

Series C

Last 12 Mo

Team

Peter Tague

Investor

Portfolio Breakdown

Stage Distribution

Sector Distribution

Investment Activity

DealsAvg Round Size

Portfolio

18 investments

Company	Round	Amount	Valuation	Date	Role
Oxide Computer Company	Series C	$200M	—	Feb 2026	lead
Oxide Computer Company	Series C	$200M	—	Feb 2026	lead
Lambda	Series E	$1.5B	—	Nov 2025	—
Modular	Growth	$250M	$1.6B	Sep 2025	lead
LLambda AI	Growth	$320M	—	Feb 2024	lead
Gecko Robotics	Series C	$100M	$633M	Dec 2023	—
Shield AI	Series F	$200M	$2.7B	Oct 2023	co-lead
SSaronic	Series C	$55M	—	Oct 2023	participant
Pryon	Series D	$100M	$625M	Sep 2023	lead
Primer Technologies	Series D	$69M	—	Jun 2023	participant
Colossal Biosciences	Series B	$150M	$1B	Jan 2023	lead
Shield AI	Series E	$60M	$2.3B	Dec 2022	lead
Anduril	Series E	$1.5B	$8.5B	Dec 2022	—
Altana AI	Series C	$200M	$1B	—	lead
Anduril	Series E	$1.5B	$8.5B	—	participant
Shield AI	Growth	$1B	$12B	—	participant
Celestial AI	Series C	$175M	—	—	lead
Capella Space	Growth	$60M	—	—	lead