Investor profile
Marlinspike Partners
VC
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Marlinspike is a veteran-led, Washington D.C.-based venture capital firm investing in 'dual-use' technologies that solve national security challenges and create innovative commercial applications. The firm believes that superior technology is the best source of security, and that there is both profit and purpose in funding best-in-class aerospace and defense innovations. It focuses on four core industries: Artificial Intelligence & Data Analytics, Autonomy & Robotics, Aerospace, and Cybersecurity. Marlinspike's dual-use mandate requires that portfolio companies address hard national security problems and possess a credible path to large-scale commercial markets. The firm takes a private equity-style, hands-on approach post-investment—helping founders navigate defense procurement, government partnerships, and commercial scaling. It leverages deep connectivity to the Intelligence Community (particularly the CIA via In-Q-Tel), the Department of Defense, and Silicon Valley to source and support companies that will 'rearm and rebuild' the U.S. defense industrial base.
Notable quotes
“We believe that a dual-use strategy is not only important to maintaining our warfighters' advantage, but also offers an attractive investment opportunity providing the resiliency of the public sector contracts and massive scaling of commercial business.”
“By investing in promising companies, we are able to marry profit with purpose.”
“Breaking through in Washington, D.C. is a challenge, but it's one Marlinspike has mastered.”
Team
Neil P. Keegan
Co-Managing Partner & CEO
Mislav Tolusic
Co-Managing Partner & CIO
Chip Walter
Partner, Managing Director
Tim Buzby
Chief Financial Officer
Nick Snoad
Vice President
William Close
Senior Analyst
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Layup Parts | Series A | $42m | 2026-06-02 |
| Chariot Defense | Unknown | — | 2026-02-10 |
| Hypori | Unknown | — | 2025-01-28 |
| Anduril Industries | Series E | $1.5b | 2022-12-01 |
| Armada | Unknown | — | 2023-01-01 |
| Kindo | Unknown | — | 2023-01-01 |
| Elroy Air | Series A | $40m | 2021-08-03 |
| Voyager Space | Unknown | — | 2022-01-01 |
| Rendered.ai | Unknown | — | 2022-01-01 |
| Kodiak Robotics | Unknown | — | 2024-01-01 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Founders Fund | 3 |
| Lux Capital | 3 |
| Lockheed Martin Ventures | 2 |
| Cerberus Ventures | 2 |
| Prosperity7 Ventures | 2 |
| Andreessen Horowitz | 1 |
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