logo
Leonid Capital Partners Taps STATION DC to Launch Washington Headquarters, Accelerate Defense-Tech Investment

Leonid Capital Partners Taps STATION DC to Launch Washington Headquarters, Accelerate Defense-Tech Investment

Business Wire6 days ago

WASHINGTON, D.C.--(BUSINESS WIRE)--Leonid Capital Partners, the Orange County, CA.-based Trusted Capital Partner to the U.S. Department of Defense, today announced a partnership with STATION DC, the nonprofit tech incubator and members club where frontier-tech founders, investors, military leaders, and policymakers meet.
By anchoring its first permanent District office inside STATION DC's Union Market clubhouse, Leonid will accelerate local investment, job creation, and policy engagement—delivering on the spirit of the city's focus on attracting the tech sector, including Mayor Muriel Bowser's Growth Agenda and Tech Ecosystem Fund, which are now before the D.C. Council.
'Washington is where policy meets possibility—exactly where Leonid needs to be,' said James Parker, Co-Founding Partner of Leonid Capital Partners. 'Partnering with STATION DC lets us plant our flag in the capital, expand our checkbook for D.C. innovators, and give defense-tech founders a turnkey gateway to the relationships that move the needle. We're committed to financing more companies here, supporting the local talent pipeline, and helping keep America competitive.'
'The proposed Tech Ecosystem Fund was designed to help spark partnerships just like this that attract world-class investors to DC,' said James Barlia, Executive Director of STATION DC. 'Leonid's capital and operating know-how—paired with our network, programming, and convening power—will shrink the distance between a founder's prototype and a Pentagon contract while keeping the economic upside and jobs right here in the District.'
Partnership Highlights:
Establishing Leonid's first permanent D.C. workspace inside STATION DC's Union Market clubhouse—providing proximity to policymakers and federal buyers.
Increasing capital investment in the region's growing defense and dual-use innovation ecosystem.
Co-hosting private salons, roundtables, and strategic convenings with founders, government leaders, and investors focused on accelerating innovation tied to national purpose.
Providing mentorship and community support to STATION DC members, including early-stage founders navigating the complexities of federal contracting and scale.
These benefits are designed to scale with additional corporate partners and to showcase how programs like the Tech Ecosystem Fund, the District's proposed $2.4 million investment in business accelerators and incubators for start-up tech companies in DC, can unlock a surge of private capital, world-class talent, cross-sector partnerships, and mission-driven innovation—cementing D.C. as the front door for America's tech competitiveness future.
About Leonid Capital Partners
Leonid Capital Partners is a leading provider of flexible, non-dilutive investments for venture-backed defense and dual-use technology companies. By pairing deep government-contracting expertise with tailored capital solutions, Leonid accelerates growth for founders advancing U.S. national security.
STATION DC is a nonprofit members club and convening space accelerating American innovation at the intersection of technology, policy, and capital. Located in Union Market, STATION DC hosts salons, summits, and working sessions that strengthen the nation's competitive edge.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

D.C. mayor says she regrets request to reopen Dupont Circle Park
D.C. mayor says she regrets request to reopen Dupont Circle Park

Washington Post

time9 hours ago

  • Washington Post

D.C. mayor says she regrets request to reopen Dupont Circle Park

D.C. Mayor Muriel E. Bowser expressed regret Monday over her request to open Dupont Circle Park during the WorldPride festival — despite efforts to close it by local and federal police officials — after two juveniles were stabbed there Saturday evening. 'Certainly, I have some regrets,' Browser told reporters. 'But I know that I was working very hard to balance what our community was calling for with our preparations. And that was the decision I made.'

Preparations for Trump's military parade in DC draws mixed reactions
Preparations for Trump's military parade in DC draws mixed reactions

Yahoo

time14 hours ago

  • Yahoo

Preparations for Trump's military parade in DC draws mixed reactions

WASHINGTON () — Plans are underway for Saturday's massive military parade celebrating the Army's 250th birthday, an event that is set to bring over 200,000 people to the National Mall. It also coincides with President Trump's 79th birthday. The parade will start at 6:30 pm Saturday and go along Constitution Avenue from 23rd Street to 15th Street NW. Festivities will include fireworks, a concert, celebrity appearances, and a showcase of hundreds of military vehicles and equipment, including Army tanks, Bradley Fighting Vehicles and Paladin Howitzers. There will also be a military flyover to mark the occasion, resulting in the temporary closure of Reagan National Airport (DCA) from 6:30 to 8:30 pm on Saturday. The celebration will cost a hefty $45 million. A portion of that cost will cover any damage done to D.C. roads by the Army tanks, which has been a point of contention for D.C. Mayor Muriel Bowser. As World Pride flows straight into the military parade, DC officials say they're ready for anything To try and lessen the impact of those tankers, the Army is putting down metal plates along Constitution Avenue to absorb their impact. Repairs are set to begin immediately after the parade. DC News Now asked people how they feel about the parade Monday morning and received mixed reactions. 'I didn't think it was something we did, but I guess we're doing it,' said one passerby. Sothy Da, a mom of two children in the military, says it's a source of pride for her. 'I'm just so happy. and I'm so proud of the military,' she said. However, others are completely against it. 'I don't think it should be happening at all,' said Darren, who did not want to share his last name. 'This is stupid, I think. I can't believe that people are sleeping now. Like, I don't know what's going on with Americans these days. This is like, It's like North Korea.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trump military parade: Preparations underway amid concerns over costs and road damage
Trump military parade: Preparations underway amid concerns over costs and road damage

Yahoo

time16 hours ago

  • Yahoo

Trump military parade: Preparations underway amid concerns over costs and road damage

The Brief A large-scale military parade marking the Army's 250th anniversary is set for June 14 in Washington, D.C. City officials raised concerns over potential road damage from heavy equipment rolling through major streets. The event is expected to cost between $25 million and $45 million and draw up to 200,000 spectators. WASHINGTON - Preparations are shifting into high gear for a large-scale military parade in the District celebrating the Army's 250th anniversary. Tanks, trucks, and heavy artillery have begun arriving by train for the event, which will feature 6,600 soldiers, 150 vehicles, and 50 aircraft marching from the Pentagon to the Washington Monument. The display, the first of its kind in decades, is expected to draw up to 200,000 spectators. What we know The parade route includes Constitution Avenue and other major streets, with tanks weighing up to 60 tons rolling through the city. D.C. officials have raised concerns about potential road damage, prompting the Army to install thick steel plates at key turns. Straightaways like Constitution Avenue remain unprotected, drawing criticism. Mayor Muriel Bowser has warned that military tanks could cause significant damage, estimating repairs could cost millions. The Army has pledged to cover costs but downplays the possibility of severe damage. READ MORE: Trump military parade: DC braces for possible street damage A White House official estimates the parade will cost between $25 million and $45 million. In addition to the military vehicles, thousands of troops will march in formation, wearing uniforms representing every U.S. conflict dating back to the Revolutionary War. The parade is set to take place on Friday, June 14, which also happens to be President Trump's 79th birthday. The Source Information in this article comes from The Associated Press and previous FOX 5 reporting.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store