# Marlinspike: portfolio, investments and team > Marlinspike is a vc firm based in United States. 3 investments on record, 3 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/marlinspike (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Marlinspike Last cheque observed Oct 2026; 3 cheques on record. Email Deploying now New fund $31M, Oct 2025 VC firm Seed Series A Series B Dual-use Dual Use Defence Follow Marlinspike and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmarlinspike) Deploying now **100%** of best year **3** **cheques in 12 months**, 3 on record Since the last cheque **3** days **00** hrs **00** min **00** sec Median round **$100M** Cheque size, as they say **$500K – $5.0M** Rounds led **2 of 3** Pitch Marlinspike ## Marlinspike highlights - 01 3 cheques in the last 12 months - 02 Mostly Series A and Series B: 100% of its rounds - 03 Led 2 rounds ## What they do > Filed 1 private fund offerings with the SEC, the most recent in 2025-10 From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $500K – $5.0M as they say - **Stages:** Seed Series A Series B Growth - **Sectors:** Dual-use Dual Use Defence - **Based in:** Washington, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2026** 3 rounds - **Oct** **[Foundry Robotics](https://millionrounds.com/company/foundry-robotics)** Series A · US · Wowtale **$100M** *Led* - **Jun** **[Layup Parts](https://millionrounds.com/company/layup-parts)** Series A · US · TechCrunch **$42M** *Led* - **May** **[Armada](https://millionrounds.com/company/armada)** Series B · US · TechStartups **$230M** With 17 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **5 named** MP **Mark Powell** Manager of the Sole Member i Filing they signed MN **Mislav n/a Tolusic** Managing Member of the General Partner i Filing they signed NN **Neil n/a Keegan** Managing Member of the General Partner i Filing they signed TB **Tim Buzby** Director i Filing they signed TL **Timothy Lawrence Buzby** Executive Officer i Filing they signed We also hold **12** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **19** of 25 we have independently watched raise [Anduril](https://millionrounds.com/company/anduril-industries)[Chaos](https://millionrounds.com/company/chaos)[Chariotdefense](https://millionrounds.com/company/chariot-defense)[Elroyair](https://millionrounds.com/company/elroy-air)[Exialabs](https://millionrounds.com/company/exia-labs)[Foundryrobotics](https://millionrounds.com/company/foundry-robotics)[Geckorobotics](https://millionrounds.com/company/gecko-robotics)[Hypori](https://millionrounds.com/company/hypori)[Jetzero](https://millionrounds.com/company/jetzero)[Kindo](https://millionrounds.com/company/kindo)[Kodiak](https://millionrounds.com/company/kodiak-robotics)[Layupparts](https://millionrounds.com/company/layup-parts)[Lazarus](https://millionrounds.com/company/lazarus)[Marlinspike](https://millionrounds.com/company/armada)[Mission](https://millionrounds.com/company/mission)[Observable](https://millionrounds.com/company/observable)[Palantir](https://millionrounds.com/company/palantir)[Shield](https://millionrounds.com/company/shield-ai)[Voyagertechnologies](https://millionrounds.com/company/voyager-technologies) Bright Cambium-usa Rendered Renesas Volundmfg Withmagenta Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$31M** raised in Oct 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$100M** the round, not its cheque Led 2 of 3 rounds **67%** - **Said size:** $500K – $5.0M - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Series A said *2* - Series B said *1* - Seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Founders Fund](https://millionrounds.com/fund/founders-fund) 2 - [Lux Capital](https://millionrounds.com/fund/lux-capital) 2 **Pitching Marlinspike?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Marlinspike. A count of rooms they were both in, not a relationship either has claimed. [**Founders Fund** VC firm **2** rounds together](https://millionrounds.com/fund/founders-fund)[**Lux Capital** VC firm **2** rounds together](https://millionrounds.com/fund/lux-capital) ## Recently backed The latest companies Marlinspike put money into. [**Foundry Robotics** $100M · Oct 2026](https://millionrounds.com/company/foundry-robotics)[**Layup Parts** $42M · Jun 2026](https://millionrounds.com/company/layup-parts)[**Armada** $230M · May 2026](https://millionrounds.com/company/armada) ## Quick answers about Marlinspike ### What does Marlinspike invest in? Marlinspike invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Dual-use, Dual Use and Defence. ### How active is Marlinspike? 3 investments on record, 3 of them in the last 12 months, and it led 2. The most recent was in Oct 2026. ### What has Marlinspike invested in recently? Its most recent investments on record: Foundry Robotics (Series A, Oct 2026), Layup Parts (Series A, Jun 2026) and Armada (Series B, May 2026). ### How big are Marlinspike's cheques? The median round it joins is $100M. It says it writes cheques of $500K to $5.0M. ### Is Marlinspike investing now? Yes: it is actively investing, with 3 investments in the last 12 months. ### Who does Marlinspike invest alongside? Most often Founders Fund (2 rounds together) and Lux Capital (2 rounds together). ### What kind of investor is Marlinspike? Marlinspike is a VC firm based in Washington, United States. ### Has Marlinspike raised a new fund? Its latest fund filing with the SEC was in Oct 2025, reporting $31M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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