Advancing Critical Technologies for Tomorrow

The early-stage fund for dual-use technology

Parallel Venture Capital backs U.S. and ally-founded startups building dual-use technologies that strengthen national security and commercial competitiveness across critical and emerging technology areas.

Pre-Seed & Seed
Stage Focus
Dual-Use
Defense & Commercial
Investment Thesis
The next generation of national security will be built by commercial founders, not prime contractors.

Legacy procurement cycles and incumbent contractors cannot keep pace with adversarial advancements across critical technology domains. The solution is dual-use technology — commercial products that serve both government and private-sector customers.

Parallel invests at the earliest stages in founders who understand this convergence. We back technical teams building category-defining products with clear government pull signals: active engagement with the Department of Defense, Intelligence Community, or allied partners, validated by real operators in the field.

Our edge is access. Deep networks across the Pentagon, special operations, Intelligence Community, and defense innovation ecosystem connect portfolio companies to the customers and advocates that accelerate their path to contract and scale.

Track Record

Portfolio Companies

U.S. Critical & Emerging Technologies

Where We Invest

AI & Autonomy
Cyber & Intelligence
Quantum & Space
Defense Industrial Base

Building for national security?

We want to hear from founders and LPs aligned with our mission.

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