Venture Capital

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RTX Ventures

RTX Master Retirement Trust operates in Farmington, Connecticut. The private sector pension fund provides retirement and related benefits to participants.

RTX Ventures logo

RTX Ventures

RTX Master Retirement Trust operates in Farmington, Connecticut. The private sector pension fund provides retirement and related benefits to participants. It manages investments for RTX Corporation's employee benefit plans in the United States.

General information

Firm type

Venture Capital

Year founded

2022

Location

Region

North America

Country

United States

City

Farmington

Corporate office

4 Farm Springs Road, Farmington, CT 06032, United States

Principals

Daniel Ateya

President and Managing Director

Robin Diamonte

Chief Investment Officer

Sector focus

AerospaceDefenceInformation Technology

Frequently asked questions

Who runs investment decisions at RTX Ventures?

Daniel Ateya serves as President and Managing Director. Robin Diamonte, Chief Investment Officer of RTX Corporation, oversees the broader Master Retirement Trust that houses the venture program.

Does RTX Ventures participate in fund commitments or only direct deals?

The program executes both direct investments and commitments through external managers. Holdings include direct stakes in Hadrian and Hermeus alongside public equity positions managed by Wellington Management and Jennison Associates.

What investment stages does RTX Ventures typically target?

Activity centers on early-stage and growth rounds in aerospace, defense, and information technology. Portfolio examples include seed and Series A companies such as Code Metal and Efficient Computer.

Which sectors does RTX Ventures explicitly prioritize?

The mandate focuses on aerospace, defense, and information technology. Confirmed investments span propulsion, autonomy, quantum computing, and geospatial intelligence.

How is RTX Ventures related to RTX Corporation?

RTX Ventures operates as the venture capital arm of the RTX Master Retirement Trust. The trust provides retirement benefits to RTX Corporation employees and reports directly to the parent company.

Does RTX Ventures maintain philanthropic structures?

The RTX Connect Up initiative supports STEM education globally. It has distributed grants including $150,000 to the Space Foundation Discovery Center since its 2021 launch.

What is RTX Ventures known posture on co-investments alongside external GPs?

The program co-invests directly with startups and participates in club-style opportunities. It also allocates through fund managers such as KKR for private equity exposure.

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