CONFIDENTIAL

LFG Vanta

Terms

  • Round: friends & family; strategics

  • Valuation: $20M cap

  • Structure: SAFE

  • Total Raise: $1M+

  • Allocation: $250k

  • Minimum Investment: $25k

  • Management Fee: 8% (upfront)

  • Carry: 20%

  • Expenses: passthrough (industry standard)

*** ITAR-restricted: U.S. investors only

Timeline

  • Commitment Due: 8/1

  • Funds Due: 8/8

Click to Commit

About Vanta

Overview

The deep ocean seafloor is critical to national security, subsea infrastructure, and climate data, yet it's almost completely inaccessible.

  • Only 800-1400 sq miles (0.001%) has been explored

  • Legacy players charge $5-55M for platforms that cost $50K+ per day to operate

We've spent the last 2 years designing a swarming, full-ocean (12km depth) unmanned UUV with 2600km range for under $40K per unit (a 100x cost reduction).

>>> Here is the deck.

Founders

  1. Craig Ulliott (CTO/CEO): Technologist, hardware/software engineer and serial entrepreneur with 2 companies reaching 10M+ customers, and 4 exits.

  2. Scott Roffman (President): Entrepreneur, National security veteran, defense policy & Middle East expert

    • Director for Iraq and Counter-ISIS, National Security Council, The White House

    • Active TS/SCI Security Clearance

    • Oakside Cocktail Co - Co-Founder / CEO - Acquired by Terlato

TAM

Early conversations with DoD, CIA, and industry players (oil & gas, mining operators, deep sea cables/infrastructure owners) have validated strong demand. 

  • Defense/intelligence ($8B+ annual ocean surveillance spend)

  • Subsea infrastructure monitoring ($15B+ market for cables, pipelines, wind farms)

  • Emerging deep-sea mining ($30B+ projected market).

  • DoD interest accelerated after Ukraine showed small, attritable systems beat mega-platforms

Deal

This is pre-seed stage, and the founders are looking for strategic value investors. Currently overcommitted. LFG has the last bit of allocation.

Why is this deal on our desk?

Craig Ulliott is one of Chris' closest friends. Chris describes him as "Iron Man" based on his technology and engineering skills.

Notable Investors

Notable investors include defense industry veterans, space/aerospace engineers from SpaceX and NASA, successful deep-tech entrepreneurs with multiple exits, and strategic partners providing operational assets including a US-flagged yacht with crew.

Become an LFG+ Member

Get priority access and reduced fees.

Activate Now

©2025 LFG VENTURES

Please note that nothing herein constitutes or should be construed as financial or investment advice. While the information is believed to be accurate, it may include estimates, errors, or inaccuracies. You are responsible for conducting your own due diligence. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. Investors and users should consult with licensed legal professionals and investment advisors for any legal, tax, insurance, or investment advice. Investing in private is extremely speculative and involves a high degree of risk. You should not invest unless you are in a position to lose the entire amount of your investment. No public market currently exists for this opportunity, and there can be no assurance that such a public market will ever exist.