Firms

Pallas Ventures

Pallas Ventures

Washington, District of Columbia, United States

pallasadvisors.com

Pallas Ventures is the venture investment arm of national-security advisory firm Pallas Advisors, launched in May 2020. It invests in companies developing dual-use technologies with commercial and national-security applications and supports their growth in government and defense markets. Its published typical investments range from $500,000 to $1.5 million, through cash purchases or equity received for services; those ticket sizes are not fund size. Portfolio areas include AI and cybersecurity, space logistics, hypersonic aircraft, radioisotope power and environmental sensing. The current public team comprises Richard Spencer, Sally Donnelly, Tony DeMartino, Gema Robles, Zak Enzminger and Diego Garcia. SEC adviser records identify Pallas Ventures GP LLC, CRD311314, as the legal adviser and general partner of Pallas Ventures Fund LP, a Delaware venture-capital vehicle formed in 2020. A March 2021 Form D reports $1,075,004 of fund interests sold to five investors in an indefinite offering, rather than a verified final fund close. The advisory consultancy and venture investment business are separate functions of the Pallas enterprise.

Founded
2020
Type
Venture capital

Funds1

  • Pallas Ventures Fund LP$1M

    Delaware venture-capital LP formed2020, managed and advised by Pallas Ventures GP LLC. March4,2021 Form D reports USD1,075,004 of interests sold to five investors; firstsaleMay22,2020. Indefinite offering, not final closedfundsize. March9,2021 ADV independently lists exact LP805-9965933373 and same historical GAV; GAV not current AUM or extra fundraising. SignatureMarch3 differs public filingMarch4.

Team

Operations and support

Diego GarciaDiego GarciaAssociate
Gema RoblesGema RoblesDirector
Richard SpencerRichard SpencerManaging Director
Sally DonnellySally DonnellyFounding Partner
Tony DeMartinoTony DeMartinoFounding Partner
Zak EnzmingerZak EnzmingerAssociate

Co-investing

Founders Fund
137 Ventures
1517 Fund
AIN Ventures
Airbus Ventures

Investments