Fund profile / United States

Ridgeline Ventures Fund II

Geography
United States
Stage
Seed
Fund size
$180M
Focus
AI/ML, Deep Tech, Defense and Manufacturing
Signals
Published
Share
N°01 / About

About Ridgeline Ventures Fund II

Ridgeline Ventures Fund II is a $180M+ fund (final close) targeting seed and Series A companies in applied AI, advanced computing, hardware, and automation for critical operations. Anchored by FedEx and Cisco as strategic LPs. Focus on companies serving manufacturing, logistics, energy, and defense buyers in industrial tech.

N°02 / Thesis

Investment Focus

Location / RegionUnited States
Funding StageSeed
Industry Focus
AI/ML
Deep Tech
Defense
Manufacturing
Robotics & Automation

Investor Signals Profile

active

Sweet Spot

Rare founders rebuilding critical infrastructure purposefully

deep-tech renaissance
critical infrastructure rebuild
applied AI
industrial tech
government & defense markets
supply chain
dual-use tech

Bullish Signals

$180M final close, oversubscribedblog
FedEx and Cisco strategic LPsblog
Industrial AI adoption acceleratingblog
25x valuation growth (Altana example)website
Harbinger led to $358M raisedwebsite
30+ portfolio in critical-ops roomswebsite
Government & defense deal leadswebsite
Deep-tech renaissance, critical infrastructure rebuildwebsite
Harbinger: 4,690 vehicles on orderwebsite
FedEx co-led Harbinger Series Cwebsite
Ridgeline embedded in Fortune 500 roomswebsite
Altana: $40M to $1B in 2 yearswebsite
Ryan Clinton joined Harbinger board directlywebsite
FedEx as first fleet customer, Series C co-leadwebsite
Altana: Dual-use, government & commercial scalewebsite

Contrarian Signals

Industrial sales cycles are longblog
Niche focus limits deal flowblog
Government procurement highly complexwebsite

Founder Do's

Serve manufacturing, logistics, energy, defense
Applied AI with clear ROI
Seed or Series A stage
FedEx/Cisco/Gov buyers as customers
Dual-use or government-first positioning
Choose consequential markets intentionally
Build for Fortune 500 & government buyers

Founder Don'ts

No pure consumer products
Avoid pre-product concepts
Skip non-critical-infrastructure verticals

32 signals on Ridgeline Ventures Fund II

15 bullish · 3 contrarian · 7 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$180M
Saves0
People

Key People

Rachel HoltManaging Partner
Ryan ClintonGeneral Partner
Ben WalkerGeneral Partner
Andrew McMahonGeneral Partner
Backers

Known LPs

Cisco InvestmentsCorporate / Strategic
FedExCorporate / Strategic
US Small Business Administration (SBIC)Public / State institution
N°04 / See also

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