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Early Stage Reindustrialization

IceNine is a new generation of venture capital for the industrial renaissance

DRIVING FORCE

Accelerating Founders of
The New Industrial Renaissance

Ethos

​A new age of building has begun. Factories are lighting back up, launch pads are roaring again, and laboratories are filling with the hum of invention. Across America and its allies, a generation of founders is rediscovering something we once knew by instinct: progress is physical. This is the New Industrial Renaissance. It is not nostalgia for the past. It is a renewal of capability, a return to the deep satisfaction of building things that endure. The work is hard, but it matters. For too long, capital was drawn to the weightless. The playbooks of the last era rewarded speed over substance and scale over strength. That era produced extraordinary companies and enduring lessons, but its tools cannot solve the challenges that now define our time. Energy systems, defense architectures, critical manufacturing, and orbital infrastructure cannot be debugged from a laptop. They must be engineered, tested, and refined in the real world. IceNine exists for that work. We invest in the founders building the foundations of a stronger future. They are scientists, engineers, and operators who blur the lines between the digital and the physical. Their companies are not defined by valuation curves, but by what they make possible: new materials, new propulsion systems, new energy sources, new deterrence. The New Industrial Renaissance needs capital with conviction and fluency in the hard sciences. It needs investors who understand that prototypes take time, that scaling production is strategy, and that progress moves in cycles of discovery, failure, and persistence. These founders are not looking for shortcuts. They are looking for partners who can stay the course and amplify their effort. We believe venture capital must evolve from chasing markets to cultivating capability. The next decade will be defined not by the number of apps created, but by the systems rebuilt. The investors who shape it will be those who pair curiosity with competence, and conviction with care. The Renaissance has already begun. It is unfolding in machine shops, clean rooms, wind tunnels, and deserts. It is being written by founders who are restoring our ability to make, launch, and manufacture at the frontier of possibility. Our mission is simple. Fund them. Support them. Stand with them as they rebuild the physical backbone of progress. The New Industrial Renaissance is not a slogan. It is a responsibility. And IceNine was built to carry it.

Multi-cycle Advantage

Our multi-cycle advantage comes from decades of operating across several generations of industrial technology. The fund is built on firsthand experience in space, defense, robotics, semiconductors, and the industrial base, creating pattern recognition that compounds over time. This long view clarifies where physics, supply chains, and execution risks converge and strengthens our ability to identify founders with the rare combination of insight, capability, and momentum. IceNine also brings a deep network across core sectors that accelerates technology development, customer access, partnerships, hiring, and capital formation. Together, these strengths create an approach shaped by multiple waves of innovation, informed by what endures, and grounded in the discipline required to turn difficult technologies into lasting capability.

Operational Specialty 

IceNine’s operational specialty gives founders a meaningful edge. The fund brings hands-on experience across early engineering, product development, supply chain, manufacturing, customer engagement, and government programs, allowing teams to move with clarity and speed. IceNine works closely with founders on the decisions that matter most: shaping technical strategy, building the right early team, navigating first customers, and sequencing milestones that unlock momentum. This practical support helps founders avoid common pitfalls, compress development cycles, and accelerate their capabilities faster than their competition.

INVESTMENT FOCUS

Where Others See Risk, We See the Future

Day Zero+

STAGE

$2.0M

CHECK

Transatlantic

REGION

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Energy

Manufacturing

AI

Defense

Health

Robotics

PAST INVESTMENTS

PEOPLE

Operators Accelerating Operators

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Jeff Crusey

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General Partner

Jeff Crusey is a founder's founder, a day-zero investor known for backing exceptional founders before the market sees them. Drawing from his deep industry experience, he helps teams make the critical early decisions in engineering, strategy, and execution that compound into long-term value. The earliest ally for the boldest builders.

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Ryan Duffy

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Media Advisor

Ryan is a media operator turned deep tech operator at Array Labs, where he now heads business development for cutting-edge satellite hardware. Featured in the New York Times and an early, instrumental hire at Morning Brew and Payload, he’s now co-founder of Per Aspera, building massive audiences and networks around deep tech. 

Steve Finder

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Talent Advisor

Former SpaceX Head of Talent and Tim Cook’s go-to at Apple, Steve is focused on operational advisory for PE/VC backed companies in Space, Defense, and Deep Tech. He supports founders and investors with talent strategy and hiring as well as teams transitioning into the US market.

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Brian Mullins

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Industrial Advisor

Head of Platform at Blacklake, with deep experience in early-stage USG programs including DARPA. Led warfighter augmentation efforts predating Project Maven (Anduril). Former Director of Stanford’s Human Perception Lab and most recently CEO of Mind Foundry, and Oxford AI spinout. 

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Thomas Lim-Finsterbusch

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AI Advisor

A deeply experienced software engineer with expertise in AI, Thomas is a former founder, and VC. He was part of the Google[X] team and founding CTO at Cape (acquired by Motorola). Thomas was also a Partner at Gradient Ventures and experienced building AI applications in the financial sector.

DISPATCH

What's Happening On The Frontlines

TESTIMONIALS

Jeff led our seed round into Xona Space in 2021 where he was a great supporter of the company before then and ever since. His DD was ultimately very helpful in closing other major investors as it provided us an unvarnished reflection of the company. Jeff has always been available, positive, and happy to help however he could.

Brian Manning

FOUNDER/CEO @ XONA SPACE

It’s no exaggeration to say Jeff was instrumental from day zero. He recognized the strength of our team and technology before consensus formed among larger funds, and helped secure our first round by translating the promise of hypersonics to investors less familiar. Jeff’s operational experience and network gave us an immediate edge.

Bryon Hargis

FOUNDER/CEO @ CASTELION

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