US Innovative Technology Fund

US Innovative Technology Fund is a Pittsburgh-based venture capital firm founded in 2022 that backs early- and growth-stage technology companies in the United States. The firm targets sectors including information technology, artificial intelligence, cloud computing, space technology, cybersecurity, biotechnology, defense technology, logistics and supply chain technologies, advanced manufacturing, and healthcare, with a preference for B2B and business services applicants. It focuses on companies developing commercial applications and defense-related technologies, including quantum computing and machine learning. The firm aims to support companies through strategic guidance, capital, and networks to accelerate growth and product deployment within the U.S. market.

Gaetano Crupi

Managing Director

Liz Stein

Managing Director

Elizabeth Stein

Managing Director

Peter Tague

Managing Partner

Past deals in Series F

Shield AI

Series F in 2025
Shield AI Inc is an artificial intelligence robotics company based in San Diego, California, focused on developing advanced AI-powered systems for national security and first responders. Incorporated in 2015, the company specializes in creating technologies that enhance the safety of military personnel and civilians. Its flagship products include Nova, an autonomous quadcopter drone equipped with lidar technology that operates effectively in GPS-denied environments, and Hivemind, an AI framework that allows various unmanned vehicles to learn from real and synthetic experiences, enabling autonomous operations without direct human control. Additionally, Shield AI has developed the V-BAT, a vertical takeoff and landing aircraft that can navigate contested environments and has been utilized in regions like the Black Sea and the Middle East. The company aims to transform defense operations by leveraging cutting-edge AI and machine learning technologies to execute complex tasks in dynamic and denied environments.

Shield AI

Series F in 2023
Shield AI Inc is an artificial intelligence robotics company based in San Diego, California, focused on developing advanced AI-powered systems for national security and first responders. Incorporated in 2015, the company specializes in creating technologies that enhance the safety of military personnel and civilians. Its flagship products include Nova, an autonomous quadcopter drone equipped with lidar technology that operates effectively in GPS-denied environments, and Hivemind, an AI framework that allows various unmanned vehicles to learn from real and synthetic experiences, enabling autonomous operations without direct human control. Additionally, Shield AI has developed the V-BAT, a vertical takeoff and landing aircraft that can navigate contested environments and has been utilized in regions like the Black Sea and the Middle East. The company aims to transform defense operations by leveraging cutting-edge AI and machine learning technologies to execute complex tasks in dynamic and denied environments.
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