Marketing communication · For accredited investors only
Portfolio

IPO CLUB
investments.

Disruptive startups, growing fast and shaping the future. Each company below links to our coverage. The colour key shows our relationship to each name.

Currently invested IPO'd · holding shares Due diligenced Pipeline · under coverage Research · Data Room coverage

Fund I

IPO.CLUB LLC · 2020 vintage

America 2030

A series of IPO CLUB II LLC

Kodiak

IPO'd · in lock-up

ACS

Currently investedDefense

Shotling

Currently investedDefenseRobotics

Impossible Metals

Currently investedCritical MineralsRobotics

Lightmatter

Currently investedAI InfrastructureEnergy

Loft

Currently investedSpaceDefense

newcleo

Currently investedEnergyAI Infrastructure

Redwood Materials

Currently investedCritical MineralsEnergyAI Infrastructure

Sambanova

Currently investedAI InfrastructureDefense

Shield AI

Currently investedDefenseAI InfrastructureRobotics

Terradepth

Currently investedDefenseRobotics

Anduril

Due diligencedDefense

Boom

Due diligencedEnergy

Reflect Orbital

Due diligencedDefenseEnergySpace

Aalo

PipelineEnergy

Agility Robotics

PipelineRobotics

Apptronik

PipelineRobotics

Armada

PipelineAI Infrastructure

AVRAX Systems

PipelineDefense

Blue Water

PipelineDefense

Blue Origin

PipelineSpaceAI Infrastructure

Castelion

PipelineDefense

CesiumAstro

PipelineSpace

Chaos

PipelineDefense

Crusoe

PipelineAI Infrastructure

d-Matrix

PipelineAI Infrastructure

Figure

PipelineRobotics

Firehawk

PipelineDefense

Firestorm

PipelineDefense

Forterra

PipelineDefense

Gallatin

PipelineDefense

KoBold Metals

PipelineCritical Minerals

Natilus

PipelineRobotics

Picogrid

PipelineDefense

PsiQuantum

PipelineAI Infrastructure

Saronic

PipelineDefense

Skydio

PipelineDefense

Skyways

PipelineRobotics

Star Catcher

PipelineSpace

TerraPower

PipelineEnergy

together.ai

PipelineAI Infrastructure

Varda

PipelineSpace

1X Technologies

ResearchRobotics

9 Mothers

ResearchDefense

Albedo

ResearchSpaceDefense

Andrenam

ResearchDefense

Applied Intuition

ResearchDefenseRobotics

Astranis

ResearchSpaceDefense

ATMOS Space Cargo

ResearchSpaceDefense

Atomic Industries

ResearchAI InfrastructureRobotics

Auterion

ResearchDefenseRobotics

Base Power

ResearchEnergy

Bedrock Energy

ResearchEnergy

Bedrock Robotics

ResearchRobotics

Cambridge Aerospace

ResearchDefense

Cohere

ResearchAI Infrastructure

Commonwealth Fusion

ResearchEnergy

CX2

ResearchDefense

D-Orbit

ResearchSpace

Delian Alliance Industries

ResearchDefense

Durin Mining Technologies

ResearchCritical MineralsRobotics

ElementUSA

ResearchCritical MineralsDefense

Elroy Air

ResearchDefense

Energy Dome

ResearchEnergy

Epirus

ResearchDefense

Form Energy

ResearchEnergy

Fortem Technologies

ResearchDefense

Gecko Robotics

ResearchRobotics

General Matter

ResearchCritical MineralsEnergyDefense

Groq

ResearchAI Infrastructure

Hadrian

ResearchDefense

HavocAI

ResearchDefense

Helsing AI

ResearchDefense

Hermeus

ResearchDefenseSpace

Heron Power

ResearchEnergy

Interlune

ResearchSpace

Kela Technologies

ResearchDefense

Kepler Communications

ResearchSpace

Kraken Technologies

ResearchDefense

Kyten Tech

ResearchDefenseEnergy

Lambda

ResearchAI Infrastructure

Last Energy

ResearchEnergy

Lilac Solutions

ResearchCritical Minerals

Lyten

ResearchEnergyDefenseAI Infrastructure

Mach Industries

ResearchDefenseRobotics

Maritime Fusion

ResearchRobotics

MARTAC

ResearchDefense

Mistral AI

ResearchAI Infrastructure

Modular

ResearchAI Infrastructure

Neura Robotics

ResearchAI InfrastructureRobotics

Nexla

ResearchAI Infrastructure

Nscale

ResearchAI Infrastructure

ODIN Space

ResearchSpaceDefense

Onebrief

ResearchDefense

Orqa

ResearchDefense

Overland AI

ResearchDefense

Phoenix Tailings

ResearchCritical MineralsDefense

Physical Intelligence

ResearchAI InfrastructureRobotics

Poseidon Aerospace

ResearchDefenseRobotics

Quantum Brilliance

ResearchAI InfrastructureDefense

Quindar

ResearchSpaceDefense

R2 Wireless

ResearchDefense

Radiant Nuclear

ResearchEnergy

Rebellions

ResearchAI Infrastructure

ReOrbit

ResearchSpaceDefense

Saildrone

ResearchDefense

Sanctuary AI

ResearchRobotics

Sapient Perception

ResearchDefenseAI Infrastructure

Scale AI

ResearchAI Infrastructure

Seasats

ResearchDefense

SiFive

ResearchAI Infrastructure

Skild ai

ResearchRobotics

SkyFi

ResearchSpaceDefense

SPAICE

ResearchSpaceRoboticsAI Infrastructure

Starcloud

ResearchSpaceAI Infrastructure

Tekever

ResearchDefense

Tensorwave

ResearchAI Infrastructure

Ulysses Maritime Technologies

ResearchDefense

Valar Atomics

ResearchEnergyDefense

Vannevar Labs

ResearchDefense

VSORA

ResearchAI Infrastructure

Vulcan Elements

ResearchCritical MineralsDefense

Westmag

ResearchDefenseRoboticsCritical Minerals

X-Bow Systems

ResearchDefenseSpace

Zipline

ResearchDefense
Gallatin
Edoardo Zarghetta Edoardo Zarghetta

Gallatin

Gallatin is a Washington, D.C.-based defense technology company focused on transforming military logistics through artificial intelligence. Founded in 2024 by a team with deep experience in Palantir, Scale AI, Amazon, and the Department of Defense, Gallatin leverages advanced software to deliver faster, smarter logistics and supply chain solutions for high-stakes military operations.

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Firestorm Labs
Edoardo Zarghetta Edoardo Zarghetta

Firestorm Labs

Firestorm Labs is a San Diego-based defense technology company specializing in modular, open-architecture unmanned aerial systems (UAS) and expeditionary manufacturing solutions for military and critical commercial domains. Founded in 2022, Firestorm leverages advanced additive manufacturing and digital integration to drastically reduce cost and production timelines, enabling rapid field deployment and adaptation at the point of need.

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Forterra
Edoardo Zarghetta Edoardo Zarghetta

Forterra

Forterra is a Maryland-based defense and industrial autonomy technology company specializing in next-generation autonomous driving systems for ground vehicles. Founded by Alberto Lacaze (formerly Robotic Research), Forterra delivers platform-agnostic, ruggedized autonomy for both military and commercial vehicles, ranging from logistics convoys to industrial yard trucks, with a focus on GPS-denied, off-road and contested environments.

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Aalo
Edoardo Zarghetta Edoardo Zarghetta

Aalo

Aalo Atomics develops factory-built sodium-cooled reactors for data-centre colocation. The Aalo Pod (50 MWe) combines five Aalo‑1 modules, targeting ~3¢/kWh. LOIs with hyperscalers, Idaho Falls MOU, and INL licensing steps underpin traction. Differentiated vs Last Energy; supply‑chain and community engagement remain execution risks.

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Shotling
Edoardo Zarghetta Edoardo Zarghetta

Shotling

Shotling delivers modular kinetic hard-kill solutions for the counter-drone (C-UAS) battlefield. The core mission: neutralize emerging threats from FPV kamikaze drones and loitering munitions that evade standard electronic warfare (EW).

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Picogrid
Edoardo Zarghetta Edoardo Zarghetta

Picogrid

Picogrid is redefining the future of defense operations by delivering unified, open-architecture platforms that connect and control dispersed sensors, autonomous vehicles, radars, and command interfaces. Its Legion software and edge hardware enable real-time data fusion, threat visualization, and machine-speed operational agility, setting a new standard for interoperability and modularity in U.S. and allied defense technology.

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Impossible Metals
Edoardo Zarghetta Edoardo Zarghetta

Impossible Metals

Impossible Metals is a U.S.-Canadian robotics company developing autonomous underwater vehicles to selectively harvest polymetallic nodules from the ocean floor, targeting critical minerals for EVs, energy storage, and AI infrastructure. Their vision is to commercialize deep-sea mining while overcoming the environmental and regulatory challenges that have historically prevented large-scale deployment.

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SambaNova
Edoardo Zarghetta Edoardo Zarghetta

SambaNova

Sambanova serves demanding AI workloads—such as large language models, deep learning, and machine learning—typically deployed in data centers, hybrid cloud environments, and sector-specific verticals like financial services, healthcare, telecommunications, energy, and the public sector.

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Chaos Industries
Edoardo Zarghetta Edoardo Zarghetta

Chaos Industries

Chaos Industries is redefining battlefield detection, radar, and communication infrastructure through distributed, software-upgradeable hardware and intelligent networked architectures. The firm to challenge legacy defense suppliers and bring modern, scalable sensing and effects technology to both military and critical infrastructure customers worldwide.

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Kraken Crypto Exchange
Edoardo Zarghetta Edoardo Zarghetta

Kraken Crypto Exchange

Developer of a trading platform designed to offer bitcoin exchange and trading services. The company's platform offers a blockchain- based financial infrastructure that reduces system costs and shortens the payment processing time, thereby enabling financial businesses to process large volumes of data in a short time.

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