Investor profile
ONE9
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ONE9 is Canada's first and only national security tech investment and innovation platform. We find, fund, and scale the next generation of disruptive security and defence technology companies. Our mission is to deliver outsized returns to investors while solving national security challenges through innovation. We're not a traditional VC — we're national security end-users and trusted business leaders operating at the intersection of innovation and investment. We don't invest in technology — we invest in the founders, companies, and capabilities vital to our security and prosperity. Our investment strategy is designed to balance deep conviction with diversification across stage, geography and theme to manage risk while seeking capital appreciation. We focus on dual-use technologies across advanced manufacturing, aerospace and space systems, autonomous systems, AI and software-defined capabilities, critical infrastructure protection, and cybersecurity.
Notable quotes
“Following his many years of military service as a Squadron Commander in Canada's Joint Task Force 2 (JTF2), Cowan launched ONE9's venture capital business leveraging his special operations experience, military and intelligence knowledge, and insights on unique deal flow through his deep connections.”
“Defence is so much more than guns, bombs, and bullets.”
“We see an exciting opportunity to launch an entirely new investment platform for Kensington in this sector, which has been growing dramatically and has led to real successes in our portfolio. The addition of Glenn and other key members of ONE9 to Kensington's investment team will enable us to capitalize on these trends and bring new opportunities for value creation for our investors.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Tomahawk Robotics | Series A | — | 2023 |
| Strider Technologies | Series C | $55m | 2024 |
| Slingshot Aerospace | unknown | — | — |
| goTenna | unknown | — | — |
| Hidden Level | unknown | — | — |
| StirlingX | unknown | — | — |
| North Vector Dynamics | unknown | — | — |
| Ventus Respiratory Technologies | unknown | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Kensington Capital Partners | 6 |
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