XYZ Venture Capital
Early-stage VC firm with deep public-sector/defense expertise (~20 Palantir-alumni portfolio companies incl. Anduril); co-led Forterra's $75M Series B (Sept 2024) and continued in its $238M Series C (Nov 2025); also a new participant in Valinor Enterprises' $54M Series A (Jan 2026).
San Francisco-based early-stage VC firm founded 2017, self-described as investors with 'deep domain expertise in company building' who act as an extension of the founding team. Known for backing public-sector/defense-facing founders, notably alumni of Palantir. Managed by founder Ross Fubini.
Overview
- Firm
- XYZ Venture Capital
- Headquarters
- San Francisco, CA
- Founded
- 2017
- AUM
- ~$760M across four early-stage funds plus two opportunity funds (as of July 2024)
- Stages
- Pre-Seed, Seed, Series A, Series B
- Thesis
- Pre-seed through Series B (occasionally co-leading Series B+), typical check $500K-$8M, sector focus on fintech, enterprise, defense, digital health, and insurtech.
Portfolio companies3
- CompanyForterraMaryland-based autonomous ground-vehicle and mission-autonomy company (formerly Robotic Research), valued above $1B after a $238M Series C.
- CompanyValinor EnterprisesUS defense holding company centralizing back-office infrastructure for decentralized product companies.
- CompanyAgonLondon/Berlin-based defense AI startup building synthetic-battlefield infrastructure to train and validate autonomous weapon systems.
Frequently asked
- What is XYZ Venture Capital?
- Pre-seed through Series B (occasionally co-leading Series B+), typical check $500K-$8M, sector focus on fintech, enterprise, defense, digital health, and insurtech.
- How much does XYZ Venture Capital manage?
- XYZ Venture Capital manages ~$760M across four early-stage funds plus two opportunity funds (as of July 2024) in assets, and was founded in 2017.
- What stages does XYZ Venture Capital invest at?
- XYZ Venture Capital invests at Pre-Seed, Seed, Series A, Series B.
Tags
Sources & citations4
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XYZ Venture Capital firm history, HQ, AUM, check size, thesis, Palantir-alumni focus
Forbes: XYZ New Funds $325 Million Beyond PalantirVerified2024-07-30 - 2
Forterra raises $75M oversubscribed Series B co-led by XYZ Venture Capital
PR Newswire: Forterra Raises $75 Million in Oversubscribed Series B FundingVerified2024-09-10 - 3
Forterra closes $238M Series C with XYZ Venture Capital as continuing investor
GlobeNewswire: Forterra Closes $238 Million Series C, Cementing Leadership in Autonomy and Interoperable SystemsVerified2025-11-12 - 4
XYZ Venture Capital participates in Valinor Enterprises' $54M Series A
TipRanks: Valinor Enterprises Raises $54 Million Series A to Scale Defense-Focused Operating ModelVerified2026-01-01