Geodesic Capital Announces USD 250m First Close for "Geodesic Alliance Fund"
Geodesic Capital, a venture capital firm focused on strategic technology investments to bridge Silicon Valley and Japan, announced the completion of initial fundraising of $250 million (approximately ¥38.7 billion) for its new fund "Geodesic Alliance Fund." This fund represents an unprecedented venture fund aimed at advancing the US-Japan alliance through investments in technologies that promote national security, economic resilience, and cross-border innovation.
The Geodesic Alliance Fund primarily targets early-stage US startups in national security sectors including artificial intelligence (AI), space, cybersecurity, autonomous technologies, and dual-use (civilian and defense applications) deep tech. Beyond mere funding, the fund supports portfolio companies' growth through strategic advisory services, regulatory compliance support, and practical assistance in building relationships with customers, partners, and talent in Japan.
The Japanese major corporations and government-affiliated institutions among the Limited Partners are deeply aligned with Geodesic's mission to advance US-Japan relations through technological innovation, not just seeking investment returns. Furthermore, experienced advisors from both the US and Japan support business development in both public and private sectors.
The Geodesic Alliance Fund plans to announce its first investment case by the end of 2025. The fund continues to accept additional LP commitments, with final fundraising completion scheduled for 2026.
The Geodesic Alliance Fund is built upon the track record that Geodesic has established to date. Since its founding in 2015, Geodesic has raised approximately $1 billion (about ¥155 billion) cumulatively through multiple funds, supporting rapidly growing US startups such as Databricks, Netskope, Saronic, and Scale AI. These companies leverage Geodesic's unique network for access to leaders in corporate, policy, and technology sectors when expanding into Japan.
For the operation of the new fund, Geodesic has welcomed Tom Gillespie, former Managing Partner of In-Q-Tel (the strategic investment arm of the US National Security Agency), as a new partner. Gillespie will lead the Geodesic Alliance Fund together with Reif Gasper-Asaoka, a former Canaan Partners partner and deep tech investor who serves as a partner at Geodesic, with support from the entire Geodesic team.
About Geodesic Capital
Geodesic Capital is a venture capital firm that connects Silicon Valley and Asia through strategic technology investments. With assets under management of approximately $1 billion (about ¥155 billion), it has a 10-year track record of supporting US startups and Japanese companies. While supporting entrepreneurs' global expansion, it also provides strategic value to partners. Established by former US Ambassador to Japan John Roos, Geodesic Capital holds a unique position at the intersection of venture capital, national security, and international cooperation.
