202 Ventures is a venture capital firm established in 2025 and headquartered in Chicago, Illinois. The firm specializes in early-stage investments, focusing on frontier, deep, and defense technologies. Its strategic focus aims to identify and support innovative companies operating in critical technological sectors.
The firm's investment thesis centers on pre-seed and early-stage opportunities within the United States and Israel. 202 Ventures employs a hands-on approach, leveraging its extensive network, established trust, and specialized expertise to nurture the growth of its portfolio companies. This dual geographic focus allows it to tap into diverse innovation hubs.
Beyond capital provision, 202 Ventures actively contributes to the defense innovation ecosystem. The firm has hosted and participated in exclusive events designed to convene power players in defense innovation, global defense tech investors, and other stakeholders. This engagement underscores its commitment to fostering collaboration and accelerating advancements in defense technology.
Founded by Zeke Fraint, 202 Ventures has begun building its investment portfolio. An example of its investment activity includes participation in the funding rounds of companies such as Tenna Systems. These investments reflect the firm's dedication to backing promising ventures that align with its core technological and strategic interests.
Overall, 202 Ventures positions itself as a key investor in the evolving landscape of deep and defense technology. By concentrating on early-stage companies with significant potential, the firm seeks to drive innovation and support the development of technologies that address complex challenges across various industries and national security needs.