Pallas Ventures

Pallas Ventures is a venture capital firm that partners with innovative companies developing breakthrough technologies with compelling national security applications. By leveraging decades of experience from both defense and corporate enterprises, Pallas Ventures provides strategic insight to its portfolio partners, enhancing their growth and integration into the national security ecosystem. The firm's network includes invaluable experience at the highest levels of the federal government and the U.S. military, offering entrepreneurs a wealth of resources at critical stages in their companies' development.

The firm's investment focus is on dual-use companies that understand national security missions and aim to support the warfighter while scaling their business. Pallas Ventures typically invests between $500,000 and $1.5 million in companies with promising technologies, either through cash purchases or in-kind services. The firm is committed to supporting its portfolio companies by leveraging its broad network of principals and limited partners, which include high-net-worth individuals and national security professionals.

Pallas Ventures' investment strategy emphasizes providing immediate value to its portfolio companies by leveraging its extensive experience in both defense and corporate enterprises. This approach helps portfolio companies generate new business and scale effectively within the national security ecosystem. The firm's leadership team includes Managing Director Richard Spencer, Founding Partner Sally Donnelly, and Founding Partner Tony DeMartino, who bring decades of experience in national security and defense to the firm.