Riot Ventures

Riot Ventures is a venture capital firm founded in 2017 by Steve Marcus and Will Coffield, with offices in Boston, Massachusetts, and Los Angeles, California. The firm specializes in pre-seed, seed, and early-stage investments, primarily focusing on deep technology sectors. Riot Ventures targets companies operating in areas such as hardware, software, enterprise, industrial applications, network security, transportation, artificial intelligence, robotics, and communication technologies. The firm typically invests between $0.5 million to $10 million in emerging businesses, aiming to support innovative solutions that drive advancements in intelligence, sensing and control, mobility, and specialized consumer services.

Collier Bern

Partner and Head of Growth

Meghan Moreland

Investor

Past deals in Defence

True Anomaly

Series C in 2025
True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Deterrence

Seed Round in 2024
Deterrence is a defense technology company focused on automating the production of reliable, safe energetics at scale.

Deterrence

Pre Seed Round in 2024
Deterrence is a defense technology company focused on automating the production of reliable, safe energetics at scale.

True Anomaly

Series B in 2023
True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Shield AI

Series F in 2023
Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

True Anomaly

Series A in 2023
True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Shield AI

Series E in 2022
Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

Shield AI

Series B in 2019
Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.
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