The early-stage fund for dual-use technology

Legacy procurement cycles and incumbent contractors cannot keep pace with adversarial advancements across critical technology domains. The solution is dual-use technology — commercial products that serve both government and private-sector customers.

Parallel invests at the earliest stages in founders who understand this convergence. We back technical teams building category-defining products with clear government pull signals: active engagement with the Department of Defense, Intelligence Community, or allied partners, validated by real operators in the field.

Our edge is access. Deep networks across the Pentagon, special operations, Intelligence Community, and defense innovation ecosystem connect portfolio companies to the customers and advocates that accelerate their path to contract and scale.