---
title: "June 2025 VC Fund Close: Geodesic Capital Holds $250M First Close for U.S.-Japan Alliance Fund"
description: "San Francisco-based Geodesic Capital held the first close of its $250 million Geodesic Alliance Fund on June 10, 2025, targeting dual-use deep tech for the U.S.-Japan alliance."
date: 2025-06-10T00:00:00.000Z
tags: ["fund-close", "2026-vc-news", "venture-capital", "frontier-tech", "market-analysis"]
source: https://venturecapitaltracker.com/nyc-vc-fund-news-2025-06-10-geodesic-capital-250m-alliance-fund
---

# June 2025 VC Fund Close: Geodesic Capital Holds $250M First Close for U.S.-Japan Alliance Fund

> San Francisco-based Geodesic Capital held the first close of its $250 million Geodesic Alliance Fund on June 10, 2025, targeting dual-use deep tech for the U.S.-Japan alliance.

Geodesic Capital held the **first close of the Geodesic Alliance Fund at $250 million** on June 10, 2025 — a U.S.-Japan dual-use technology vehicle led by former **In-Q-Tel** Managing Partner Tom Gillespie.

## Key facts

- **Firm:** Geodesic Capital
- **Date announced:** June 10, 2025
- **Fund:** Geodesic Alliance Fund (first close)
- **Size:** $250 million
- **Focus:** U.S.-Japan alliance tech — AI, space, cyber, autonomy, dual-use deep tech
- **Stage:** Early-stage U.S. startups
- **Founded by:** Former U.S. Ambassador to Japan John Roos
- **Fund leads:** Tom Gillespie (ex-In-Q-Tel), Rayfe Gaspar-Asaoka (ex-Canaan)

## LP base

Japanese corporations and governmental institutions aligned with U.S.-Japan technological innovation.

## Prior track record

Nearly **$1B raised since 2015** — portfolio includes Databricks, Netskope, Saronic, Scale AI.

## Sources

1. VCWire (June 10, 2025): https://vcwire.tech/2025/06/10/geodesic-capital-holds-first-close-of-geodesic-alliance-fund-at-250m/