Venture Capital

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301 Ventures

Chris Haug's venture firm targets seed-stage enterprise software, AI, and cybersecurity startups from the University of Maryland ecosystem in College Park.

301 Ventures

301 Ventures launched as an early-stage venture firm physically rooted beside the University of Maryland's research engine in College Park. The firm's origin thesis is geographic: dense academic IP production, heavy federal lab adjacency, and a talent pipeline that feeds the Mid-Atlantic's under-ventured technical corridors. The partnership focuses on pre-seed and seed-stage companies spun out of UMD-affiliated labs, student-founder teams, and faculty-led commercialization efforts. The firm concentrates on enterprise software, applied AI/ML, and cybersecurity, backing founders who are building defense-adjacent or B2B infrastructure tools often overlooked by Sand Hill Road generalists. 301 Ventures writes initial checks in the $250,000 to $1.5 million range, typically leading or co-leading the first priced round. The portfolio includes companies commercializing research from UMD's quantum computing lab, former NSA cryptographers building privacy infrastructure, and robotics founders from the Clark School of Engineering. The firm co-invests alongside DC-regional funds like DataTribe and TEDCO, and selectively with Baltimore-based accelerators. Team size and deployment totals are not publicly disclosed as of May 2026, reflecting the firm's early-stage and deliberately low-profile posture. The partnership maintains a single office in College Park, with no known parallel vehicles, philanthropic arms, or real-asset structures reported. The firm's model relies on physical proximity to campus labs and faculty rather than a distributed or remote-first approach. Structurally, 301 Ventures operates more like a university-affiliated proof-of-concept fund than a traditional venture partnership — the sourcing pipeline is built into the university's tech transfer office and its associated incubator programs, giving the firm a first-look advantage on de-risked intellectual property before it surfaces on the broader seed market.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

College Park

Corporate office

College Park, MD, United States

Sector focus

Enterprise SoftwareAI/MLCybersecurity

Frequently asked questions

Who runs investment decisions at 301 Ventures?

Chris Haug co-founded the firm and leads investment decisions. The partnership's full composition beyond Haug has not been publicly detailed, reflecting a concentrated decision-making structure typical of early-stage micro-VC funds.

How does 301 Ventures source proprietary deal flow?

The firm sources predominantly through the University of Maryland's tech transfer office, affiliated incubators such as the Discovery District, and direct relationships with faculty and PhD candidates at the Clark School of Engineering and the Maryland Cybersecurity Center. This campus-embedded model provides visibility into lab-stage companies before they formally enter the seed fundraising market.

What investment stages does 301 Ventures target?

301 Ventures targets pre-seed and seed rounds, writing initial checks from roughly $250,000 to $1.5 million. The firm frequently serves as the first institutional capital in a round, occasionally co-leading alongside other DC-Maryland-Virginia regional funds.

Is 301 Ventures structured as a traditional venture firm?

The firm functions as a traditional venture partnership in its legal and fund structure, but its operating model is closer to a university-linked proof-of-concept fund. Physical placement in College Park and deep integration with UMD's commercialization infrastructure distinguish its sourcing from generalist seed funds.

Which sectors does 301 Ventures explicitly avoid?

The firm does not publicly publish an avoidance list. Observed behavior suggests a focus on enterprise-focused deep tech — software, AI/ML, and cybersecurity — with no known investments in consumer internet, biotech, or capital-intensive hardware manufacturing.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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