I'm excited to share with my friends the launch of my boutique venture firm, Arsenal Venture Partners 🚀
Just a couple weeks after formation & I've been overwhelmed with support as I come out of stealth and activate our first deal.
Details below 👇
I hear every 👏🏼 day 👏🏼 from founders - “nobody is interested in deep tech/space/hardware/defense/aerospace/robotics/industrial automation/etc - they all just want B2B SaaS”
Here is a list of resources for founders + VCs in these sectors.
A thread 🧵👇
Parting is such sweet sorrow ❣
Tomorrow will be my last day at Capital Factory! Shortly after moving to Texas almost 3 years ago, I joined the dream team and began my career as a VC. It's been an incredible ride, helping startups navigate corporate relationships, securing
I once asked
@JoshuaBaer
how I could be successful at
@CapitalFactory
His response: the most successful people find ways to grow their role before its “given” to them
I think about that conversation often. Its simple advice but sometimes u need to hear it from the right person
Sharing the stage with some of my favorite space & defense investors last week at the
@SkyfiApp
Summit at
#SXSW
, discussing all of my favorite things - non-dilutive DoD funding, ROI on investing in space, and my plug - the Texas Fund at
@CapitalFactory
🥳 Celebrating the closing of a successful Q1 -
@CapitalFactory
's Texas Fund invested in 11 startups last quarter!
Quick stats about our Q1 investments:
📈 Seed - Series C
🤖 Robotics, AI, nuclear, neurotech, space, radar and more
🤝 Closed 2 SPVs, including our largest SPV to
Excited to announce the
@CapitalFactory
gift shop’s newest addition! Pick up your signed copy of
@AdamDraper
’s “Breakfast with Pops” today!
“PS - I love Texas” 🚀
👀 Ft.
@bp22
’s iconic Die with Zero
Space innovation has climbed significantly over the past couple of years. It is very likely that
@elonmusk
’s
@SpaceX
has played a huge role in this. What other factors have contributed?
Great read:
Wild times in Austin 🇺🇸🤠 This week Capital Factory added a Joint Defense Innovation workspace in our space with AFWERX, Defense Innovation Unit (DIU), and NavalX - conveniently across the hall from Army Applications Laboratory.
@CapitalFactory
@AFWERX
@DIU_x
@USNavalX
One of my favorite memories from 2023 was the
#SkyFiSummit
. I just got a recap email from
@SchenckNick
with some great pictures reminding me of the event.
Happy New Year founders, investors, innovators, and partners! ✨
Feeling energized and ready to get plugged back into the Texas startup scene? Here's a reminder of Capital Factory's recurring events starting up again this month 👇
Defense startups, primes, investors, etc:
#FedSupernova
is around the corner - August 22-24 in Austin, TX. This is the gathering of the year for the convergence of startups, investors, & government. See you there!
Grab your ticket now➡️
Who's attending
@FedSupernova
this year? Here are screenshots of the current registrants' employers. Register to attend & you'll be able to see the names & contact the individuals at these orgs (& more) in advance + you'll see them at the conference!
This year at my favorite SXSW event (scotchXscotchW) we invited 25 Neurotech founders & funders. Including a new friend who is a pilot. Our host, Alex, is a scotch collector with an apartment in downtown Austin. One day during a Blue Angel flyover, he went outside and took a
Great conversations today at
@CapitalFactory
’s Innovation Academy - a private, open dialogue between corporates about how to best work with startups. I had a fun time giving a talk about how to evaluate
#startups
!
SkyFi secures $7M seed round led by Balerion Space Ventures, with participation from J2 Ventures, Moving Capital, and Bill Perkins, bringing total funding to over $17M.
"There is nothing which I dread so much as a division of the republic into two parties, each arranged under its leader, & concerting measures in opposition to each other. This, is to be dreaded as the greatest political evil under our Constitution." John Adams, 1780
What are the best resources for folks looking to transition from active duty military to defense tech/venture?
Specifically, I'm trying to help a 27-year-career Army veteran transition into this world. Please reach out if you'd like to connect with him.
@CapitalFactory
also has our very own venture fund - the Texas Fund - where we deploy investments in the top startups in Texas, including investments into deep tech/hardware/defense/space/robotics/industrial automation/aerospace/etc
One time a business associate invited me to get pedicures together instead of "grabbing coffee". These are the kind of innovative geniuses I want to surround myself with more of.
Our portfolio companies have secured over half a billion dollars in non-dilutive government funding since 2019. This funding comes from SBIRs, STTRs, Purchase Orders, etc.
And btw, if you're interested in investing with us - we do have a Venture Fund with Defense as a primary vertical:
Shoot me a message if you'd like to meet.
@CapitalFactory
I hear every 👏🏼 day 👏🏼 from founders - “nobody is interested in deep tech/space/hardware/defense/aerospace/robotics/industrial automation/etc - they all just want B2B SaaS”
Here is a list of resources for founders + VCs in these sectors.
A thread 🧵👇
Okay, I will share my biggest, simplest life hack ever - Never type your email or go grab your calendar link again. Both are just 2-3 keystrokes away!
For Apple users:
-> Settings -> Keyboard -> Text Replacements -> +
Replace: @@ With: [Personal Email]
Replace: @@@ With: [Work
These Texas robots have gone international! 🤖 Last week,
@Apptronik
announced a new partnership with
@MercedesBenz
.
The
#TexasFund
is thrilled to be a day 1 supporter of Apptronik. We can't wait to see the innovations that come from this collaboration. 🚘
Exciting afternoon in LA with my partner
@Farshchi
, and several AI and defense/dual-use founders/CEOs. The area is brimming with exciting companies (and a lot of SpaceX alums).
Special to also run into my friend
@traestephens
, and celebrity sighting of
@tim_cook
:-)
Want to learn more about the
#TexasFund
? 💸
Join our fund team for "Capital Factory 101" TOMORROW, 1/16, to hear an overview of our investment vehicles.
Email chrissyliotta
@capitalfactory
.com, or simply click the link below tomorrow at 12:00 CT. 💫
🔗
In coordination with
@SpaceX
, our IM-1 mission launch is targeted for a multi-day launch window that opens no earlier than 12:57 a.m. Eastern Standard Time on February 14th from Launch Complex 39A at
@NASA
Kennedy Space Center in Florida.
🦄 Only ~20% of unicorn founders went to a “top 10 school” in 2023 vs. 66% in 2013.
Cowboy Ventures just released their unicorn report today and this stat makes me SO happy. A much needed shift in capital allocation over the last 10 years.
🚀✈️ Aerospace ventures are reaching new heights! In 2022,
@AngelList
witnessed an astounding 147% surge in capital flowing into the aerospace sector.
#Aerospace
Remember covid, when we realized all too late that we had abysmal national strategic stockpiles of PPE + ridiculous red tape barring healthcare innovation?
Let’s not do that again with our military arsenal. 🙃
Don't miss this open panel discussion on all things VC, starting at 9:30 AM CT. Hear from experts on the common challenges faced by entrepreneurs, closing rounds, & the latest space-based observation hardware & software trends. + of course, catch the hot takes on the SVB drama!
We also have a second office in Austin called the Center for Autonomous Robotics (CAR). This office is a 10-minute drive from our downtown office and drones/autonomous robots can be tested by land, air, & sea. I’m not aware of a more centrally-located space w/ this permitting
BREAKING: White House confirms Biden will not take a cognitive test as part of his upcoming physical exam.
Biden will be first U.S President in history to refuse a cognitive test.
America's backbone is being sold off to foreign interests this week:
Japanese company Nippon Steel acquires U.S. Steel in $14.9B deal, while Adobe & Figma call off $20B acquisition due to UK scrutiny.
What is happening to American industrial dominance?
“Texas cities dominate the top 10. Thanks to no state income tax + low cost of living... 7 out of the 10 cities in the top 10 are in Texas. After deducting taxes & adjusting for cost of living, a $100K salary on avg is worth $77,885 across the 10 TX cities that we analyzed”
$100,000 doesn't go far in these cities.
After adjusting for taxes & cost of living, here's what that annual salary actually looks like (
@smartasset
):
• $44,623 - Los Angeles
• $44,307 - Washington, DC
• $36,445 - San Francisco
• $36,026 - Honolulu
• $35,791 - New York
On 14 March, during the
@SkyFi
Summit
@caitlinkontgis
,
@dominocielo
,
@Ryandoofy
, and I will be doing a live Pathfinder Podcast. I promise we won't hold back. If you want to get a question answered drop it below