
Do the thing you can't not do.

Channel 39 Ventures is a venture studio that backs unlikely founding teams building the outlandish thing they can't not build.
Whether you have a prototype, a wild idea, or just the itch to build, we’ll help pressure-test the solution and market, assemble the team, raise smart money, and get you moving.
We don’t care if you’ve started a company before. We care that you need to start this one.
What We Do
BUILD
We create ventures in-house, incubating ideas we believe should exist. Our playbooks come from experience, not theory.
INVEST
We invest our own capital and connect startups to a network of early-stage venture partners we trust. Many are deep in dual-use, defense, and critical infrastructure.
ADVISE
We help founders make the strategic calls that matter most, navigate financing strategies, and build exit paths.

About Us
With the Dive Technologies playbook as our foundation, we’re accelerating the creation of generational companies with untraditional, values-aligned founding teams.
Sam Russo
Co-Founder, Partner
Bill Lebo
Co-Founder, Partner
Liam Forland
Chief of Staff

We’ve backed, advised, or helped build companies solving problems in autonomy, hard tech, advanced manufacturing, and national defense.
Portfolio
We’re here for your Channel 39 moment.
Drop us a note. We’ll be honest if we can help.
Who should reach out
Founders with an early-stage idea in dual-use, defense, or hard tech.
Veterans or operators who see a gap and want to fix it.
Technologists with something quietly brilliant.
Dreamers stuck in a bureaucracy who are finally ready to break out.