Investor profile

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New North Ventures

VC

USAI/MLCybersecurityDeep TechEnterpriseB2B SaaS

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Investment thesis

New North Ventures is an early-stage venture capital fund founded in 2021 investing at the intersection of national security and commercial innovation. The firm focuses on dual-use technologies — including AI/ML, cybersecurity, space, and next-generation communications — that can both solve national security threats and create enterprise value in commercial markets. Co-founded by the late Brett Davis (a government intelligence community officer) and Jeremy Hitchcock (a serial entrepreneur), NNV operates as a DoD Small Business Investment Company under the Critical Technology Initiative, backing founders who navigate the complex intersection of startups and government. As a fund of former operators and government professionals, NNV leverages deep networks across defense, intelligence, and special operations communities to identify outlier companies early and provide hands-on support across operations, fundraising, and scaling.

Notable quotes

"We were here very early in this game, so we're smart money."

Jessica Nelson · Tectonic Defense, September 10, 2025 · 2025-09-10

"The teams share values around accountability, performance, integrity, and curiosity."

Jeremy Hitchcock · New North Ventures / Fairlead Partnership Press Release, May 21, 2025 · 2025-05-21

"Precision sensing and navigation are foundational to the next wave of autonomy in space and aerospace."

Jeremy Hitchcock · Innovate Hampton Roads, January 8, 2026 · 2026-01-08

Team

Jeremy Hitchcock

General Partner & Co-Founder

CybersecurityAI/MLDeep Tech

Stephanie Usry Bellistri

General Partner & Co-Founder

CybersecurityAI/MLDeep Tech

Colby Jordan

Co-Founder & Partner

Deep TechEnterprise

Jessica Nelson

Principal

Deep TechCybersecurityAI/ML

Recent investments

CompanyRoundSizeDate
M2 FoundryPre-Seed2026-05-07
PsionicSeed2025-12-22
HavocAISeed$12m2024-09-20
Hubble NetworkSeries A
EfablessSeries A-1$6m2023-10-10
CyberaSeed$5m2022-09-19
Fermata DiscoverySeed
HawkEye 360Series D$145m2021-11-08
Samara AerospaceSeed$10m
CrunchAtlasSeed

Frequent co-investors

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