Author: Jane Edwards|| Date Published: July 20, 2023
IronGate Capital Advisors has closed its first discretionary fund that allows the firm to invest in venture capital partnerships and early-stage companies to support the development of dual-use technologies that could help strengthen U.S. national security and the commercial economy.
The venture capital investment firm said Wednesday it secured $25 million in commitments for the fund, which was fully deployed into six target investment areas.
These investment segments are robotics, unmanned systems and hypersonics; intelligence, surveillance and reconnaissance and integrated sensors; artificial intelligence, advanced processing and human-machine interface; cybersecurity; space; and critical infrastructure and key resources protection.
“Private investment in cutting-edge, dual-use technologies enhances our intelligence and warfighting capabilities, protects our nation and allies, and strengthens our economic future,” said Andrew Magliochetti, co-founder and a managing partner at IronGate.
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