Overlap Holdings is a venture capital fund founded by former Apollo Global Management Senior Partner Justin Stevens that focuses on frontier-tech companies at the intersection of scientific innovation and hardware, and rather than leading deals, it typically follows strong lead investors while adding non-dilutive financing support through its Capital Solutions arm (30+ years of structuring experience and 250+ lender relationships) and its Government Solutions arm, which offers a structured government-funding strategy led by former Pentagon industrial-base policy official Elizabeth Stockton. Its $33M first fund plans 30–35 mostly non-lead investments averaging about $700k each, backing capital-intensive companies like Impulse Space, Hadrian, Anthro Energy, Integrated Biosciences, Mendaera, Antora, Muon Space, and Starfish Space, based on the idea that frontier-tech companies need a financing strategy for their entire journey, not just capital for their next funding round.