Webinar

Mechanics of Investing in the AV US Strategic Tech Fund

FFUS webinar

Watch an on-demand webinar of the US Strategic Tech team explaining how to invest in the fund. The US Strategic Tech Fund is Alumni Ventures’ diversified fund focused on investing in technologies vital to the United States.

See video policy below.

Post Webinar Summary

Panelists discuss their passion for backing critical technologies in the United States. They highlight their backgrounds in government, investment, and entrepreneurship, and their focus on American innovation and strategic interests. They discuss their investment strategy, focusing on Homeland Security, cyber, and space sectors. They mention two companies they have invested in, Pico Grid and another unnamed company, and discuss the potential for future investments. They also discuss the benefits of investing in their fund, including potential tax benefits and the opportunity to support American innovation. The deadline for investing in the US Strategic Tech Fund is August 31st.

Watch the discussion led by Managing Partner Laura Rippy, Partner Pete Mathia, and Associate Drew Wandzilak

During the session, we discuss:

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    The goal and structure of the fund
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    The value of the Alumni Ventures’ model
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    Some examples of current portfolio companies
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    The benefits of diversifying into venture capital
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    The minimum requirements needed to invest in the fund
About Alumni Ventures

Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures

Frequently Asked Questions

FAQ
  • Speaker 1:

    Now more than ever, America and our future is top of mind. It’s not just because it’s an election year—it’s because we are at an innovation crossroads. There’s geopolitical uncertainty, breakthrough technologies never seen before—forces that will shape centuries. The list goes on. The action is there.

    I’m Pete Matthias, and I’m a partner on Alumni Ventures’ US Strategic Tech Fund. Safeguarding America’s future demands continued efforts from our local neighborhoods to the farthest reaches of our solar system. US strategic technologies are essential to economic prosperity and security.

    At Alumni Ventures, we know this. Since the inception of the firm, we’ve been quietly but fiercely backing these pillars of American innovation. We have a long list of companies that are now building critical capabilities for the US. Trade publications like PitchBook and Silicon Valley Defense Group have acknowledged these efforts that have so far been quiet. Well—quiet no more.

    We’ve now launched a US Strategic Tech Fund focused on these nationally relevant technologies. If this interests you, you’re in the right place because today we’re talking about the mechanics of investing—in other words, how you can get involved as an investor and a member of this US Strategic Tech Fund and community.

    The deadline for the first close is August 31st. So today is a chance for you to understand how to get involved and, most importantly, what this is all about.

    As we get started, a quick reminder: this presentation is for informational purposes only. It is not an offer to buy or sell securities. The full list of disclosures is available at AVfunds/disclosures.

    With that, onward. First, we’re going to meet the team. These are individuals who have been backing critical technologies for some time now. I’m looking forward to introducing all of them.

    We’ll give a primer and overview of the US Strategic Tech Fund at Alumni Ventures. We’ll talk about venture capital as it relates to a broader diversified portfolio of investments, and we’ll get into how you can get involved—the mechanics of investing in the US Strategic Tech Fund.

    Let’s start with the dream team. There are a few faces here, but remember that Alumni Ventures is a massive platform for some of the most exciting companies out there. We’ve got 1,300 portfolio companies and a handful of investors, and the US Strategic Tech Fund proudly stands on the shoulders of those giants.

    I’m Pete Matthias. I’m a partner here at the firm, and I come from a lifelong commitment to US interests. I’ve worked closely with the US Department of State in various capacities. I’m on the Council on Foreign Relations, the American Council on Germany, and I attended the Harvard Kennedy School of Government.

    To say I’m passionate is an understatement. This is a calling for me. I absolutely love backing critical technologies for the United States. With that, I’ll hand it over to my colleague Drew, and then we’ll round it out with one of the great leaders at Alumni Ventures, Laura.

     

    Speaker 2:
    Awesome. Thanks, Pete. Great to work with you. I’ve spent the last seven years with Alumni Ventures, so I’ve lived and breathed everything we’ve done and all that Pete has talked about—backing American innovation and strategic interests, working with entrepreneurs in areas ranging from semiconductors and energy storage to aerospace and artificial intelligence.

    Before Alumni Ventures and even during my time here, civic duty and the political and national security realms have always been a focus of mine, both inside and outside of my professional life. I’ve worked on numerous national and local political campaigns, primarily focused on small business and entrepreneurial policy.

    I truly believe that innovation is at the heart of the American spirit, which is why I’m so excited to work with this team today and on this fund. Laura?

     

    Speaker 3:
    I’m thrilled to be here supporting this very special team and investing thesis. The areas of the US Strategic Tech Fund—cybersecurity, homeland security, and space—could not be more important at this moment.

    Personally, I’m the managing partner of a couple of our school funds here at Alumni Ventures: the Harvard Fund and the Dartmouth Fund. Of course, it’s Alumni Ventures, so you have to mention that.

    I’m also on the board of Alumni Ventures. Prior to this, I was a three-time CEO, and I’ve been following these topics my whole life. I was a government major in college, working in Germany, and I can’t tell you how much excitement we have in this team as companies come through and we unpack the opportunities.

    I’m super excited to be a part of this team. I know we have one more—Darren, let’s introduce you.

     

    Speaker 4:
    Thanks, Laura. I’m Darren Weist, a senior partner here at Alumni Ventures. I’ve been here for just over five years. Prior to that, I spent about 30 years in the investment management world.

    My role here is to support the investment team by working with investors and prospective investors. As you learn more about the fund today, I encourage you to schedule a call. I’d love to talk with you, answer any questions you have, and hopefully get a chance to work with you. Thank you.

     

    Speaker 3:
    I have to brag a bit about this team—wow. Pete, in particular, has been named a top defense tech VC and repeatedly recognized as a rising star by Venture Capital Journal. He’s a member of the Council on Foreign Relations and the American Council on Germany.

    But more than that, Pete and Drew have been embedding themselves in the defense VC community—creating events, bringing people together, connecting founders, VCs, and other interested parties.

    There’s a whirlwind of activity with this team. I’m so fortunate to be part of it. And you can join us too—not just by putting your money to work, but by joining the community and newsletter, becoming part of the momentum we’re building. This effort is led by Pete, Drew, and the entire Alumni Ventures team supporting what we’re doing with the US Strategic Tech Fund.

     

    Speaker 1:
    What is the US Strategic Tech Fund? We’re just a few weeks away from the first close, so let’s give you a sense of what this extraordinary asset bundle we’re building will be all about.

    This is a diversified portfolio of technologies that address national needs. Laura talked about defense, but the challenges the United States faces today go far beyond pure security.

    All of the vital sectors driving global shifts are in scope—energy, cyber capabilities, space dominance, and more. These will be delivered to our investors in the US Strategic Tech Fund.

    We’ll deploy capital into around 15 to 20 investments in the immediate near term. These investments will have strong venture fundamentals, meaning they’ll be diversified by stage, sector, and geography, and backed by lead investors who are relevant in these strategic areas.

    There’s a whole new generation of investors disciplined and dedicated to US strategic tech, and we’ve developed great connectivity with many of them. You’ll see exciting co-investments—some we’ve already made and will soon share more about.

    We’ll also do what every venture investor strives to do: fight for pro-rata rights and double down on our winners.

    Entry into the fund is accessible—a $25,000 minimum commitment gets you onboard. We encourage all of you to participate in this first close.

    Now, moving from the “what” to the “why”—and honestly, this barely needs explanation. You can feel the “why” so vividly.

    Today, the need to double down on security is palpable. But security today goes beyond defense—it’s food security, critical infrastructure supporting artificial intelligence, semiconductor hegemony, access to new and abundant clean energy, and healthcare resilience.

    From an investment perspective, critical enablers are unlocking huge opportunities:

    • The Department of Defense is expected to surpass $800 billion in capital outlays, approaching $1 trillion by 2033.

    • Cybersecurity is a massive, growing market—$154 billion and expanding at 13–14% CAGR.

    • Energy security is a fascinating but essential investment frontier.

    We’re also seeing broader and wider use cases, government backing via the CHIPS Act and the Inflation Reduction Act, and an overall expanding opportunity set. Importantly, venture capital involvement is increasing.

    I mentioned next-generation investors who are now fiercely—and not so quietly—backing US innovation. Companies like Anduril and Palantir underscore the potential not only for venture-scale returns but also for enabling critical US technologies.

    Speaker 1:
    We have a strong rationale for what and why, and on the next page, you’ll see a bit on how. We’re not ones to celebrate awards—we see this as hard, heads-down work—but it’s nice that some of our efforts have been recognized.

    Silicon Valley Defense Group, a highly respected trade publication, labeled us a top investor in national security spaces. The personal recognition is actually a team recognition—it reflects how much we’ve collectively accomplished on the defense side.

    CB Insights also recognized Alumni Ventures as one of the top 20 North American venture capital firms, which is further validation. We’re just getting started with this fund and its vision, and there’s so much more to come.

    Now, we want to give you a distilled, crystal-clear sense of what we’ll be investing in. When you look at this three-part opportunity set, understand that disciplined, thematic focus is central.

    We review many companies and sectors, and what you see here represents where we currently have conviction for venture-sized returns. Drew, walk us through Homeland Security, Cyber, and Space.

     

    Speaker 2:
    Thanks, Pete. Normally, I’d just walk through these and share how we categorize them, but since this session is about the mechanics of investing in the Strategic Tech Fund, I think it’s helpful to explain how we selected these pillars.

    We didn’t just throw names on a slide and say, “This is defense tech” or “This is national security.” We were very deliberate.

    We looked at where current venture dollars are flowing—because Alumni Ventures is a co-investor, we follow big, brand-name VCs who know these markets well. We considered risk profiles, timelines for companies in each category, and the overall market interest.

    As I go through these pillars, you’ll notice differences in risk profiles, levels of venture investment, government funding, and market activity. Not better or worse—just unique. That’s why we grouped them into these three strategic flavors.

    The strategic interests of the US are diverse, and as we show later with spotlights, many investments fit across multiple pillars. Something categorized as Cyber or AI or Digital Strategy can also be Space Innovation.

    Here’s how we define each bucket:

    • Homeland Security: This isn’t just Customs, Immigration Services, or the TSA. We think of it broadly as domestic infrastructure: energy, manufacturing, industrials, transportation—all building resilient supply chains and supporting the movement of people for a stronger economy.

      It includes technologies for local, state, and national government agencies—police departments, disaster response, broader public safety, even voting. Integrating these solutions fortifies domestic systems against threats, foreign and domestic.

      Climate technology also fits here, as do food, water, and transportation innovations. This is critical infrastructure.

    • Cyber, Artificial Intelligence, Digital Strategy: These competencies are pivotal for a resilient national infrastructure. Like Homeland Security, but through the lens of AI and digital transformation.

      Examples include predictive maintenance for aircraft, vehicles, roads, and bridges, enhancing situational awareness for defense systems, and connecting siloed programs and hardware on the battlefield.

      Digital strategy is about integrating these technologies seamlessly across domains to increase efficiency. Cybersecurity underpins all this—it protects digital advancements, AI systems, and physical infrastructure like manufacturing and transportation, keeping people and systems safe.

    • Space Innovation: Fueled by dramatically decreased launch costs and increased access to space—thanks to companies like SpaceX and others developed over recent decades.

      We’re seeing a huge influx of mass and activity in space. This includes advanced satellite networks enabling secure, real-time global communications, intelligence gathering, movement of people and goods, R&D, and drug manufacturing—all migrating to the final frontier.

    This third pillar represents the new era of space activity, and we’re looking closely at it.

     

    Speaker 1:
    Let’s spotlight some flagship investments. August 31st is approaching, but we’ve already been hard at work building your portfolio.

    Here are two companies you’ll have exposure to as an investor in the US Strategic Tech Fund. Consider this a teaser—a little preview of what’s to come.

    There are other companies we wish we could reveal but can’t just yet. Drew, talk about PicoGrid.

     

    Speaker 2:
    We love talking about PicoGrid because it’s easy to understand.

    Picture yourself as a warfighter or disaster response worker. You’re surrounded by data: drones overhead, robots out front, vehicles and sensors all collecting information.

    How do you gather and analyze that data in real time—when lives are on the line? That’s the problem PicoGrid solves.

    They connect disparate autonomous systems—drones, sensors, robotics—bringing their data together and analyzing it in real time.

    They’ve secured over a dozen federal contracts and deployed their hardware across six US military bases and in Ukraine, with plans for more expansion.

    As Pete mentioned, we’re already investing in these companies. We participated in PicoGrid’s seed round led by Initialized Capital, a well-respected generalist firm beginning to lean into this market.

    This funding is enabling PicoGrid to open a second manufacturing facility, expand hardware offerings, and increase capabilities.

     

    Speaker 1:
    Edge Scale AI—think about all areas of American business that haven’t tapped into AI yet.

    Manufacturing floors, hospitals, and entire industries aren’t connected to the cloud due to technical constraints.

    That’s the realm of edge computing: the frontier where compute power hasn’t yet reached. Edge Scale builds the bridge between these essential industries and powerful new AI capabilities.

    This is a great example of the US Strategic Tech Fund’s unfair advantage: the Alumni Ventures network—over 600,000 Americans and international friends spanning business and society.

    Speaker 1:
    These are part of our community. We have over 10,000 limited partners who participate in our fund. We have 1,300 portfolio CEOs. A lot of investments come through referrals from CEOs. In fact, many new companies originate from existing CEOs, and that’s exactly how Edge Scale came about.

    It was a CEO we had previously backed who decided to start a new company. Just a few months after founding it, they landed a major contract with a publicly traded security player. Alumni Ventures was one of the first calls that individuals made.

    This was a CEO from our Dartmouth fund, Green D Ventures, and as a result, the US Strategic Tech Fund benefits. Getting close and early to founders is a critical and unfair advantage we have.

    Keep an eye on this one—it’s starting to make a lot of positive noise and is winning over world-class entrepreneurs.

    Again, these are two investments you’ll have exposure to if you participate. With the first close coming up in just a few days, we want to zoom out to highlight that unfair advantage further and show you the exposure Alumni Ventures already has to critical strategic technologies.

    Laura, let’s go back to you to explain what we’re looking at here.

     

    Speaker 3:
    Absolutely. For context, as Pete says, if you join the US Strategic Tech Fund, you’ll get about 20 companies. Roughly a third of those will be growth-stage investments (Series B, C, D, A).

    Great candidates for these growth companies are those already in the Alumni Ventures portfolio of 1,300 companies. Here are five companies we’ve already invested in that could potentially be included in your portfolio if they raise rounds during the US Strategic Tech Fund’s investment window.

    These examples also speak to the quality of our sourcing engine and the deals we’ve built at AV over the years.

    Let me highlight Red Six to start. This one is straight out of the headlines—and the movies. If you’ve watched Top Gun: Maverick, you understand the core technology Red Six builds. It’s a training platform for cutting-edge air fighter jets, used to train pilots.

    We joined their Series B round, which included top-tier investors: Boeing, Lockheed Martin, Alpha Edison, and Redbird Capital as co-investors. With our deep knowledge of this category, it made perfect sense for us to invest.

    The chairman of the board for Red Six is former commander of the Air Combat Command, US Air Force, Mike Holmes. This shows the caliber of deals in our portfolio that we may bring into the US Strategic Tech Fund, depending on upcoming rounds and diversification needs.

    That’s the key takeaway here—the quality of the deals that could end up in your portfolio. Drew?

     

    Speaker 2:
    Yes, thanks, Laura. We could talk about Red Six all day, but let’s move on.

    Here’s one you might have heard of if you follow quantum computing. Quantum technology is expected to be a transformational leap forward—delivering vastly improved efficiency and speed, with world-changing implications.

    TI is pioneering a full-stack quantum computing platform. They recently launched their first commercially available quantum processing unit (QPU), after achieving a nine-qubit QPU delivered to Formula Lab last year.

    Look at the impressive list of investors we joined on this deal: Bessemer, Andreessen Horowitz, Y Combinator, Data Collective, and Founders Fund. These are some of the biggest names leaning into quantum and the future of computing.

    Now let’s talk about Galvanic. This company almost looks like it was built directly from our three-pillar thesis of protecting critical infrastructure.

    They build cybersecurity solutions for industrial enterprises—manufacturing facilities, supply chains, and other key infrastructure that’s increasingly targeted by cyberattacks. Billions have been lost to breaches of these systems, whether impacting defense manufacturing or even disrupting food supply chains.

    Galvanic collects telemetry data across these industrial environments, analyzes and correlates it, and detects potentially malicious behavior.

    We participated in their seed round a few years ago alongside Founders Fund, which I’d consider one of the premier defense and national security-focused venture funds out there.

     

    Speaker 1:
    Next is Unstructured. Our founders—and this one in particular—are deeply civic-minded.

    This founder came from a US three-letter agency and decided to dedicate the next chapter of his life to delivering large language model (LLM) capabilities to enterprises and key parts of American power—including customers like the US Air Force and Space Force, as well as Fortune 100 companies.

    Unstructured is a standout in the venture world, highly respected with strong recognition.

    When we invested in their Series A round, they had a few hundred thousand open-source downloads. They’ve since surpassed 10 million downloads. It’s an extraordinary company, with civic-minded founders and world-class investors including Madrona, Bain Capital Ventures, and other highly relevant strategic investors.

    This is a great example of what the US Strategic Tech Fund will continue to invest in.

     

    Hawkeye rounds out the list. We’ve covered AR training (Red Six), quantum computing (TI), cybersecurity (Galvanic), AI (Unstructured), and now radio frequency analytics with Hawkeye.

    Hawkeye’s technology is used widely across active combat theaters, providing critical analytics. Its first-of-its-kind technology.

    The company recently closed a nearly $70 million Series D round led by BlackRock, with participation from Lockheed Martin and other highly relevant American powerhouses.

    These examples highlight just a snapshot of companies in Alumni Ventures’ portfolio—and they’re indicative of what the US Strategic Tech Fund will invest in.

    Now that you understand what we’re investing in, why we’re passionate about it, and the caliber of founders we back, we want to give you a better sense of what you gain access to as an investor in the firm.

    Laura, can you cover syndications next?

     

    Speaker 3:
    Absolutely, thanks Pete.

    When you invest in the US Strategic Tech Fund—or any Alumni Ventures fund—you’ll also gain access to our syndications.

    Syndications are single-company investment opportunities. It’s entirely your choice whether you participate. But candidly, we’ve offered some highly impressive syndications tied to US Strategic Tech.

    We’ve already mentioned Red Six and Retti. Another is Venus—a female-led hypersonic aircraft startup aiming to cut flight time from the US to Japan down to four hours. It’s amazing technology.

    These are examples of the high-quality syndications we source and offer to our investors.

    I also want to mention the broader platform. The US Strategic Tech Fund is part of Alumni Ventures, which is ranked as a top 20 venture firm.

    When you look at our peers on that list, you’ll see firms like Andreessen Horowitz, Bessemer, General Catalyst, Google Ventures, Insight, Khosla, NEA, Lightspeed, Sequoia, and Venrock—the who’s who of venture capital.

    Being included among them brings us pride and should give you confidence as you consider joining this fund and investing through our platform.

    The awards that we’ve run. We’ve also given you a sense of how the company Alumni Ventures operates the back office. So we have, as Pete mentioned, about 600,000 people in our overall community. That’s kind of the c-suite of America. If you think of the schools we represent and the investor profile, but the 10,000 investors, the service we provide them is also top notch. I’ll give you one soundbite. So this year, I think it was around March 23rd, we sent out 35,000 K ones to our investors. Now if you invest in alternative assets, you know that typically if you’re an angel investor or any other investor, you get your K one maybe in September or whatever. We got them all out bundled up for you as an investor on March 23rd. That shows that behind the scenes this platform is building for the long term and is building to serve you the individual accredited investor because that is the focus of our investor base and what we wake up every day to serve.

    The awards that we’ve won also give you a sense of how Alumni Ventures operates its back office. As Pete mentioned, we have about 600,000 people in our overall community—that’s essentially the C-suite of America when you consider the schools we represent and the investor profile.

    Among our 10,000 investors, the service we provide is top-notch. Here’s one soundbite: this year, around March 23rd, we sent out 35,000 K-1s to our investors.

    If you’ve invested in alternative assets before, you know that typically—whether as an angel investor or otherwise—you might not receive your K-1 until September or later. We got them all out, bundled, and packaged for our investors by March 23rd.

    That shows that behind the scenes, this platform is built for the long term and designed to serve you—the individual accredited investor—which is the focus of our investor base and what we wake up every day to support.

    The co-investment strategy we use at Alumni Ventures means we essentially leverage the best minds in venture capital. We’re co-investing at the same time as firms like Andreessen, Kleiner Perkins, NEA, or Sequoia. They write the term sheets, and we invest on those same terms—directly in the equity of our portfolio companies.

    We do this while drafting behind the expertise of these top-tier firms. The networking efforts Pete and Drew described help us build and maintain those relationships. Fundamentally, the important point is that you’re investing in deals led by some of the best and brightest VCs, and we position ourselves right alongside them to include those deals in your portfolio.

     

    The platform itself has been very successful. Drew and I have been here since 2017, when we had raised maybe $30 million and had just over 100 companies.

    Since then, Alumni Ventures has grown to become the single most active VC in the US and the third most active globally. We’ve raised $1.3 billion from 10,000 individual accredited investors just like you.

    The platform is healthy, representing the investors you’ve met today and a total of about 40 investors overall—supported by a strong back office that ensures you receive everything you need, from tax reporting to the other essential components of a complete investment experience.

     

    The reasons to invest in ventures are multifaceted. The primary reason—and likely why you’re here—is that venture has outperformed public market indices over 3-, 5-, 15-, and 20-year periods.

    Historically, this asset class was inaccessible to individual accredited investors. Our founder started Alumni Ventures because he wanted to invest in venture-backed companies.

    As an individual, his only real option was angel investing, but he wanted access to the exclusive deals Pete and Drew described—oversubscribed rounds led by top-tier VCs.

    That’s the genesis of Alumni Ventures: pulling together individual investors into a fund, which then gains entry to the cap tables of high-performing companies led by top venture firms. This is our model, and venture’s strong long-term performance makes the asset class highly attractive.

     

    From a broader perspective, over the past two decades, there are now half as many public companies and nearly five times as many private companies of similar scale.

    This means that value creation has shifted toward private markets. Yet most accredited investors remain locked into public markets.

    With the volatility of public equities, it’s important to note that venture capital is largely uncorrelated to public markets.

    This allows you to invest in an asset class that builds the future economy and innovation sector—without experiencing the whiplash of public market swings—by participating in venture capital, which was previously unavailable to individual investors.

     

    Our model for each fund is diversification by design:

    • 20–30 companies per fund

    • Stage mix: roughly two-thirds Seed and Series A, one-third Growth

    Growth-stage companies are more mature—many unknowns are already resolved, and additional capital helps scale these businesses. They typically perform well, even if they’re not the 100x returns we sometimes see from earlier-stage companies.

    The two-thirds of companies at Seed and Series A are shooting for outsized returns, with some capable of returning the entire fund.

    Naturally, with early-stage investing, some companies won’t succeed due to founder disagreements or technology risks.

    However, this mix of two-thirds early-stage and one-third growth-stage optimizes returns while mitigating risk, allowing the overall portfolio to benefit from power-law dynamics where a few big winners drive strong performance.

     

    From a sector and geographic perspective, we generally mirror the broader venture industry.

    For the US Strategic Tech Fund specifically, there will be a higher concentration in our three focus areas—cybersecurity, homeland security, and space.

    Geographically, we expect a distribution similar to the venture industry, with higher activity in regions like Southern California (given San Diego’s importance in this sector), alongside Northern California and other hubs.

     

    Speaker 4:
    Awesome.

     

    Speaker 3:
    Darren, take it away.

     

    Speaker 4:
    Thank you. The team has done a great job explaining our thought process and strategy. My role is to give you a quick understanding of how the fund itself works—the nuts and bolts.

    The fund is structured as a 10-year fund with a single capital commitment. Whatever amount you invest is your total commitment.

    The fund typically takes about a year to invest in approximately 20–25 companies. We also reserve some capital for follow-on investments in portfolio companies.

    As companies exit over the life of the fund—whether via acquisitions or occasionally IPOs—proceeds are returned to investors. Distributions occur throughout the fund’s life, and the fund officially closes when the last company exits, which could be in year 10 or 11.

    Fee structure:

    • Single capital call

    • 2% annual management fee (20% total over 10 years)

    • 80% of your investment goes into companies

    • Profit split: after returning your invested capital and management fees, profits are split 80% to investors, 20% to Alumni Ventures.

     

    Investment process:

    • You’ll receive access to our investor portal via email.

    • You can electronically sign your subscription agreement to secure your spot in the fund.

    • We then verify your accredited investor status via Parallel Markets (easy and secure).

    • Finally, you fund the investment—via cash, ACH, wire transfer, or other methods.

    About one-third of our investors use self-directed IRAs, which is also a simple process.

     

    I can walk you through that process. You have the questions there. A lot of folks will invest via a trust or an entity, and we also have an offshore vehicle for non-US-based investors to invest as well. So there’s a lot of flexibility. For those interested in investing, hopefully, this makes it easy to position within your portfolio in the appropriate place.

    A couple of things to keep in mind: as we mentioned earlier, the first close for the fund is August 31, the second close is September 30, and the final close will be October 31.

    For those who commit to the fund before the end of August, you’ll receive a 10% fee reduction—your management fee goes from 20% for the life of the fund to 18%. Investors who come in during September receive a 5% fee reduction. October will have our final standard fee structure.

    Another thing to consider, and you’ll find information on this in our portal, is the Qualified Small Business Stock exemption (QSBS). This provides preferred tax treatment on capital gains for investments into startup companies that meet certain criteria and are held for at least five years.

    This is something Congress implemented to incentivize people to support founders, and it can potentially provide significant tax benefits when investing in startups. I’m happy to walk folks through this in more detail, so please feel free to schedule a call.

     

    Speaker 1:
    This is a call to action for civic-minded individuals who also have conviction in venture-sized opportunities. You’ve just seen a preview of the capabilities and momentum we will continue to bring.

    This is not a new initiative. As we’ve said, we’ve been committed to US strategic tech for years at Alumni Ventures. We will continue to deliver in this area—with you on board, the opportunity becomes even more exciting.

    So, this is a call to action for civic-minded investors to participate. This mission requires more than just the four of us or our firm—it needs you as well, as a representative of American business and society.

    We invite you to take part. The deadline is August 31. With that date on the calendar, we encourage you to touch base with us. We look forward to having you on board, and we thank you again for joining today’s webinar on the mechanics of investing in the US Strategic Tech Fund at Alumni Ventures.

     

About your presenters

Laura Bordewieck Rippy
Laura Bordewieck Rippy

Managing Partner, US Strategic Tech Fund

Laura brings operational perspective as a CEO, Chairman, and executive in technology startups in addition to investing experience. As Managing Partner at Ripplecreek Partners’ technology practice and General Partner at FA Technology Ventures, she worked various tech sectors: mobile, consumer, internet, SaaS, cloud-based, marketing, and enterprise software across many economic cycles. She also served as CEO at Handango, creating the first marketplace of mobile apps. At Microsoft, she co-founded two businesses as an intra-preneur in an elite swat team spun out of Bill Gates’ office. Laura holds an MBA from Harvard Business School and AB in Government from Dartmouth (’89).

Pete Mathias
Pete Mathias

Partner, U.S. Strategic Tech Fund

Pete joins Alumni Ventures from the $1.5B+ venture capital arm of Bertelsmann, where he was a Senior Director across the European Union, China, and U.S startup ecosystems. Previously a fellow at .406 Ventures and alumnus of the Harvard Innovation Lab, Pete has substantial entrepreneurial and startup operating background. He has an MBA from the Tuck School at Dartmouth, an MPA from Harvard’s Kennedy School, a Master’s with Distinction from Oxford, and a BA (magna cum laude) from Dartmouth. He has recently been selected as a member of the Council on Foreign Relations. Pete has a creative core as drummer for the indie rock band Filligar, which has been designated as “Cultural Ambassador” by the U.S. Department of State. He is an avid skier, marathon runner, and ice hockey player.

Drew Wandzilak
Drew Wandzilak

Principal, U.S. Strategic Tech Fund

Overview:
Drew Wandzilak invests in breakthrough technologies that matter to the real world—systems that generate power, move hardware, secure nations, or decode biology. He focuses on companies operating in high-heat, high-speed, high-stakes environments where technical performance is existential and strategic value is measured in megawatts, meters per second, or mission success. Across aerospace, energy, and defense, Drew backs founders who don’t just pitch vision—they bend atoms, trajectories, and supply chains to make it real.

Funds actively worked on:
Yard Ventures
Green D Ventures
U.S. Strategic Tech Fund

Investment Areas of Focus:
His investment lens prioritizes platforms over point solutions, scale advantages rooted in physics or manufacturing, and mission alignment with long-term public interest. That includes nuclear reactors that deploy like data centers, orbital vehicles that reshape access to space, hypersonic systems built for rapid iteration, and genetic tools that bring diagnostics to the edge. These aren’t just technical moonshots—they’re foundational bets on how the next century will be powered, protected, and personalized.

Drew led Alumni Ventures’ investment in Impulse Space, which is building the in-space logistics layer for a high-frequency orbital economy. He backed Aalo Atomics, a small modular reactor company designing standardized, factory-built nuclear power for grid-scale deployment. He also invested in Astro Mechanica, which is reinventing hypersonic aerospace testing for the modern battlefield, and Acorn Genetics, which is miniaturizing genomics to enable low-cost, distributed DNA testing anywhere.

These companies reflect Drew’s broader strategy: to invest in enduring platforms that serve strategic industries and unlock decades of downstream innovation. He believes the next great venture outcomes will come not just from apps or algorithms, but from reengineering the physical world—and the infrastructure that underpins it.

LEARN HOW TO INVEST IN COMPANIES IN THIS SECTOR WITH ALUMNI VENTURES:

U.S. Strategic Tech Fund >>>

Darrin Wizst
Darrin Wizst

Senior Partner

Darrin is an investment professional with an extensive background in financial services and B2B. Throughout his 25 year career, he has worked with individual investors, investment advisors and their clients, and institutional (foundations and endowments) clients, with various investment vehicles including mutual funds, separately managed accounts, socially responsible portfolios, and alternative investments. He earned a BA in Economics & Public Management from UMaine and an MBA from Boston College.

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