Eliot Pence from Tofino Capital

Eliot Pence from Tofino Capital

Author: Evan McCann May 13, 2025 Duration: 38:13

Eliot Pence is the Founder and General Partner of Tofino Capital.

Tofino Capital invests in frontier markets and frontier technologies.

Eliot is also the Chief Business Officer of Osmo. Osmo is giving computers a sense of smell. Backed by Lux Capital, Google Ventures, and Two Sigma Ventures.


Takeaways

- The Evolution of Defense Tech Investing + Dynamism Funds

- Anduril's Unique Approach

- Why The US is in The Fourth Wave of Defense Tech Investment and Canada is in The First Wave.

- Why Canada is Lagging Behind

- International Market Strategies for Defense Tech

- Investment Landscape in Canadian Defense Tech

- The Future of Canadian Defense Spending

- Tofino Capital and Frontier Markets

- Navigating Government Procurement and Requirements in Defense Tech

- Global Trends and Canada's Sovereign Capability


Chapters

00:00 Eliot Pence's Journey in Defense Tech

03:46 The Evolution of Defense Tech Investment

08:55 Anduril's Unique Approach to Defense Tech

12:50 International Market Strategies for Defense Tech

16:22 Investment Landscape in Canadian Defense Tech

19:55 The Future of Canadian Defense Spending

23:35 Tofino Capital and Frontier Markets

27:03 Navigating Requirements in Defense Tech

30:49 Global Trends and Canada's Sovereign Capability

39:25 Finding Balance in Hard Times


Keywords

defense tech, investment, Canada, Anduril, Tofino Capital, international markets, sovereign capability, venture capital, frontier markets, technology innovation


Evan McCann sits down with the people shaping Canada's business landscape, moving past the polished success stories to get into the real work that happens behind the scenes. The Hard Part with Evan McCann is built on conversations with founders, investors, and leaders who have navigated unique challenges, focusing on the pivotal decisions and often overlooked struggles that define a venture. This podcast explores the specific strategies and personal playbooks that have driven impact, offering a rare look at the operational truths of building something significant. While the spotlight frequently falls on innovators elsewhere, these episodes are dedicated to the Canadian visionaries whose work is redefining global entrepreneurship from here at home. You'll hear candid reflections on risk, resilience, and the moments that tested their conviction, providing not just inspiration but tangible insight into the mechanics of leadership and growth. Each discussion aims to unpack the nuance of achievement, making it an essential listen for anyone curious about the substance behind the headlines in the Canadian business world.
Author: Language: en-ca Episodes: 100

The Hard Part with Evan McCann
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