9Yards Capital
$1B+ venture/growth fund; new investor in Forterra's $238M Series C (Nov 2025).
Venture and growth fund (self-reported at $1B+; SEC ADV filings put regulatory AUM closer to $600–690M) founded in 2018, focused on foundational industries — diversified software, cyber/defense, fintech/insurtech, and supply chain tech. Backed by a "Strategic Intelligence Council" of former heads of state and defense officials, including Malcolm Turnbull, Jeb Bush, Adm. Mike Rogers, and Sir Grant Shapps.
Overview
- Firm
- 9Yards Capital
- Headquarters
- Los Angeles, CA
- Founded
- 2018
- AUM
- ~$1B (self-reported); SEC ADV filings ~$600-690M
- Stages
- Series A, Series B, Growth
- Thesis
- Targets software/tech that enables data-driven operations, AI-powered intelligence, and modernization of military capabilities amid rising geopolitical tension.
Portfolio companies1
Partners3
- FounderGeorge OsborneFormer UK Chancellor of the Exchequer (2010-2016) who co-founded defense/dual-use venture fund 9Yards Capital in 2018 as Founding Partner.
- FounderTheo OsborneCo-Founder and Managing Partner of 9Yards Capital since its 2018 founding; previously founded fintech venture Osborne & Denee Ltd and co-founded London VC firm Force Over Mass Capital.
- FounderDavid FisherCo-Founder and Managing Partner of 9Yards Capital; previously a Special Adviser at HM Treasury (UK) and an investor at Leonard Green & Partners.
Frequently asked
- What is 9Yards Capital?
- Targets software/tech that enables data-driven operations, AI-powered intelligence, and modernization of military capabilities amid rising geopolitical tension.
- How much does 9Yards Capital manage?
- 9Yards Capital manages ~$1B (self-reported); SEC ADV filings ~$600-690M in assets, and was founded in 2018.
- What stages does 9Yards Capital invest at?
- 9Yards Capital invests at Series A, Series B, Growth.
Tags
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
9Yards Capital is a $1B+ venture and growth fund focused on foundational industries including cyber/defense
LinkedIn: 9Yards Capital — company pageVerified2026-08-09 - 2
Forterra closed a $238 million Series C with 9Yards Capital named as a new investor
GlobeNewswire: Forterra Closes $238 Million Series C, Cementing Leadership in Autonomy and Interoperable SystemsVerified2025-11-12 - 3
9Yards Capital targets software enabling data-driven operations and modernization of military capabilities
Medium (9Yards): Investing in the Future of National Security and Defense InnovationVerified2026-08-09