Black Flag | Activity | F4

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Black Flag Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

3 investments· MAR 2026 – APR 2026Show all

Investment

Black Flag/Harpoon Ventures invested in Super Powers Mobility, an electric off-road mobility and powertrain startup.

Super Powers Mobility

Super Powers Mobility Black Flag

harpoon.vc

Added recently

Investment

Portfolio company Firestorm Labs (drone manufacturing) raised $82M, establishing leading autonomous systems capability.

Firestorm Labs

Firestorm Labs Black Flag

harpoon.vcAPR 29, 2026

APR 29, 2026

Investment

Invested in StarCloud's $170M Series A for space-based data center infrastructure.

Starcloud

StarcloudBlack Flag

techcrunch.comMAR 30, 2026

MAR 30, 2026

Exit

Portfolio company Merlin Labs went public on NASDAQ under ticker MRLN, raising $200M for autonomous flight software.

Merlin Labs

Merlin LabsBlack Flag

washingtontechnology.comMAR 17, 2026

MAR 17, 2026

4 investments· NOV 2025 – JAN 2026Show all

Investment

Led Northwood Space's $100M Series B funding round. Portfolio company also secured $50M Space Force contract.

Northwood Space

Northwood SpaceBlack Flag

techcrunch.comJAN 27, 2026

JAN 27, 2026

Investment

Portfolio company MATERIAL raised $7.1M seed round for 3D-printed batteries.

Material

Material Black Flag

harpoon.vcJAN 13, 2026

JAN 13, 2026

Investment

Portfolio company EraDrive raised $5.3M for satellite autonomy hardware and software kits.

EraDrive

EraDrive Black Flag

harpoon.vcDEC 2025

DEC 2025

Investment

Backed Ursa Major's $100M Series E funding round for advanced hypersonic propulsion and solid rocket motors.

Ursa Major

Ursa MajorBlack Flag

bloomberg.comNOV 18, 2025

NOV 18, 2025

News

Published a curated database of ~100 deep-tech-friendly VC funds compiled from founder surveys and recommendations.

Black Flag Investor List

blackflag.vcNOV 5, 2025

NOV 5, 2025

Exit

Portfolio company Kodiak AI went public via $2.5B SPAC merger for autonomous trucking.

Kodiak

Kodiak Black Flag

finance.yahoo.comSEP 25, 2025

SEP 25, 2025

Essay

Published thesis on the Freedom Stack framework—AI, autonomy, cybersecurity, and advanced manufacturing as foundational technologies for national security.

Investing in the Freedom Stack

risingtidepartners.substack.comAUG 19, 2025

AUG 19, 2025

Investment

Participated in Aalo Atomics' $100M Series B for advanced microreactor development.

Aalo Atomics

Aalo Atomics Black Flag

techcrunch.comAUG 19, 2025

AUG 19, 2025

News

Released the inaugural Black Flag 100—a founder-nominated ranking of the 100 most exciting early-stage deep-tech companies.

Black Flag 100 List Published

blackflag.vcAPR 15, 2025

APR 15, 2025

New Fund

Launched Black Flag, a rolling virtual accelerator backed by Harpoon Ventures, Shield Capital, and In-Q-Tel, providing $250K–$1M first checks to critical-tech founders.

Black Flag Accelerator Launch

harpoon.vcAPR 15, 2025

APR 15, 2025