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Tamarack Global

VC

USDeep TechAI/MLClimateCybersecurityEnterpriseOther

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Investment thesis

Tamarack Global is an early-stage deep-tech venture capital firm with over $211M in AUM, focused on dual-use and national security themes including Defense Tech & NatSec, Space Economy, Energy Dominance (nuclear fission and fusion), AI applied to the physical world, and Advanced Manufacturing. The firm invests in early seed and Series A companies, adding follow-on capital in breakout rounds, and positions itself at the intersection of venture-style technology and project finance — what it calls 'The VC/PE Collision' — backing very long-duration, capital-intensive companies like nuclear reactors and fusion energy alongside software-enabled platforms and agile manufacturing businesses.

Notable quotes

Tamarack Global is one of a handful of under the radar funds that are truly backing deep tech and highly ambitious founders out to change the world.

Brett Adcock · PR Newswire – Tamarack Global Closes Its $72M Opportunities II Fund · 2024-10-30

NAIA is rapidly building a significant coalition across companies, institutional investors, and government officials to accelerate rebuilding U.S. industry, and to reduce reliance on at-risk global supply chains. This is very mission-aligned with the types of companies we invest in at Tamarack Global.

Austin Bishop · Pulse2.com – Tamarack Global $72M Opportunities II Fund Closed · 2024-10-30

Incredibly proud of our team here that continue to push the boundaries of what it means to back bold visionaries. Many of our best investments seemed to go against a conventional wisdom, but the clarity of vision and commercial thinking of our founders continues to be a north star.

John McCormick · LinkedIn – John McCormick post on Opportunities II close · 2024-10-30

Team

John McCormick

Founder & Managing Partner

Deep TechAI/MLCybersecurityEnterprise

Jamie Lee

Co-Founder & Managing Partner

Deep TechClimateAI/ML

Shuo Cheng

Partner

ClimateDeep Tech

Rob Eloff

Partner

Deep TechClimateEnterprise

Austin Bishop

Venture Partner

Deep TechEnterprise

Recent investments

CompanyRoundSizeDate
Figure AISeries A$70m2023-05-24
Impulse SpaceSeries B$150m2024-10-01
CHAOS IndustriesSeed
Blue EnergySeed
Archer AviationSeed2021-01-01
Fuse EnergySeed
Rainmaker Technology Corp.Seed
Earth AISeed
AntithesisSeed
Rilian TechnologiesSeed

Frequent co-investors

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