In today’s world, technology is a major driver of global partnerships, especially between the U.S. and Japan.
One venture capital firm is stepping up to strengthen that connection even more.
Geodesic Capital, based in San Francisco, just announced the first close of its new Geodesic Alliance Fund, hitting an impressive $250 million.
This fund is all about bringing together innovation from Silicon Valley with opportunities in Japan to push forward the U.S.-Japan alliance through technology.
Who’s Backing the Fund
The fund has attracted some heavyweight supporters, including major Japanese corporations and government institutions that share Geodesic’s vision.
Their goal? To use technology as a bridge that not only drives national security and economic growth but also benefits investors with solid returns.
Beyond funding, the fund will lean on a team of experienced U.S. and Japanese advisors to help portfolio companies navigate both commercial landscapes and government policies.
Investing in Technologies That Matter
The Geodesic Alliance Fund is laser-focused on early-stage U.S. startups working in critical areas like artificial intelligence, space tech, cybersecurity, autonomous systems, and other dual-use deep technologies — basically innovations that have both civilian and defense applications.
But it’s not just about writing checks. Companies in the fund get hands-on help, from strategic advice to regulatory guidance, plus valuable introductions to potential customers, partners, and talent in Japan.
Leadership with Deep Expertise
At the helm of this new fund is Tom Gillespie, who brings tons of experience from his previous role as Managing Partner at In-Q-Tel — the strategic investment wing of the U.S. national security community.
He’ll be leading the charge alongside Rayfe Gaspar-Asaoka, a seasoned deep tech investor and former partner at Canaan Partners, supported by the wider Geodesic team.
Building on a Strong Foundation
This new fund adds to Geodesic Capital’s impressive track record.
Since its founding in 2015 by former U.S. Ambassador to Japan John Roos, the firm has raised close to $1 billion across several funds.
They’ve backed some big names like Databricks, Netskope, Saronic, and Scale AI — all high-growth U.S. companies making waves in tech.
What’s Next for the Geodesic Alliance Fund
The fund plans to announce its first investments later this year and is still open to bringing on more Limited Partners before its final close next year.
This new vehicle promises to be a key player in fostering U.S.-Japan collaboration through technology, with a strong team and solid backing to support innovative startups at the intersection of security and tech.