The US needs 1.5 terawatts of new power by 2035.
AI has scaled beyond our ability to build power and the existing power supply chain is the bottleneck
The future demands a new kind of hardware company, building a new kind of Turbine
Introducing: Stone Power @StonePowerUS
Congratulations to @CapeCellular on securing a $100M Series C!
John and Nick spent years at Palantir seeing how cellular networks are exploited by adversaries, and founded a company to fix it. Cape doesn't collect your name, your SSN, or your location.
February may be the shortest month of the year, but that didn't stop it from being one of the most action-packed months we've ever seen! Here are some of the awesome updates:
💰 We invested in 3 new stealth startups.
🛡️ @chariotdefense raised $34M in their Series A.
📱 @CapeCellular launched Secondary Numbers, giving folks the option to add additional lines for things like retail, or spam-heavy alerts. Additionally, all compatible devices now support Secure Global Roaming.
🚁 @paladindrones announced their NDAA-compliant drone, KNIGHTHAWK 2.0.
🔐 @PropelAuth now has MCP support, allowing authentication management for your MCP servers.
📊 @AthenaIntell unveiled a number of new features, including one in Sheets called Deep Citations – think footnotes for spreadsheets with clickable links to source materials.
⚛️ @oklo Inc was selected by the Department of Energy's (DOE) Office of Nuclear Energy as one of five US companies to develop recycling of used nuclear fuel.
🎖️ Rune became the only company on BOTH of the Army's Next Generation Command and Control prototype efforts, when they joined Anduril's NGC2 prototyping team.
📡 The Compression Company announced their $3.4M Seed. They're using AI-driven, onboard satellite compression to transmit data from earth observation satellites, without requiring new hardware.
🛰️ @TurionSpace deorbited their first satellite after 2.5 years in service, having completed 15,698 orbits around Earth, 1,022 tasking collects, and 26,467 images.
🤖 @SolveAI_Inc came out of stealth and announced their $50M in funding. Their platform allows non-technical users to build software applications using natural language prompts.
🚀 @Castelion was awarded a $49.9M contract with the US Navy to accelerate the development and testing of their Blackbeard hypersonic weapon.
Lastly, we are wrapping up the month with a West Coast tour, complete with visits to some of our portfolio companies, conversations with some fellow VCs, meetups with a few new founders we're really excited about, and 3 Palantir alumni events. More to come on this in a future update.
A huge congrats to all the teams — across the board! With momentum like this, we can't wait to see what March has in store.
We're thrilled for the @SolveAI_Inc team, who came out of stealth and announced $50M in funding.
Their platform allows non-technical users to build enterprise software applications using natural language. We're proud to partner with them and can't wait to watch them soar!
Huge congratulations to Chariot Defense on their $34M Series A!
They have incredible traction and are set to revolutionize how our armed forces generate and manage power. We're proud to back such an awesome team and mission!
Chariot just raised our $34M Series A, led by @a16z , to scale command of power on the battlefield.
With this round, bringing total funding to $41M, we are:
- Boosting production of our Amphora 24 and Amphora 400 products
- Initiating an operating system for command, control &
A huge congratulations to the entire team @method_security on securing $26 million in combined Seed and Series A funding! We're proud to back this incredible team, working on one of the most important national-security problems of the decade.
Method is building autonomous cyber systems for the U.S. Government and critical enterprises.
America is facing perpetual cyber conflict. With AI accelerating the speed and scale of attacks, U.S. cyber operators need new capabilities to stay ahead.
Method is delivering those
Had a great chat with @tectonicdefense about @forward_deploy Fund II, including:
🔧 Our focus on mission-critical startups
🚀 The rise of the Palantir Mafia
🤝 Making bets on the homies
💸 My first angel check, Palantir in 2009
👥 Our unique LP base of 150+ operators
🏦 Bringing on three institutional backers, including @BainCapVC
Forward Deployed VC
GP: @markscianna
Mark is the General Partner at Forward Deployed VC focused on backing mission-driven engineers modernizing America’s industrial base. Previously, he was a founding member of Palantir’s defense team.
The results suggest I'm getting better at this. In 2015 I started doing fewer but larger angel investments. If I filter investments 2015-2021, 18 investments: 97th percentile 😮
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