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๐ More ex-military officials are becoming VCs as defense tech investment reached $35BThe gap between Silicon Valley and the Pentagon is closing as venture capitalists invest in defense tech startups, hiring veterans and ex-Department of Defense officials . Andreessen Horowitz hired ex-fighter jet pilot Matt Shortal as chief of staff; Lux Capital hired Tony Thomas, ex-head of U.S. Special Operations Command, as an adviser; and Shield Capitalโs managing partner Raj Shah served in the Air Force. Hiring ex-military personnel provides firms with crucial battlefield insights, according to Ali Javaheri, PitchBookโs tech analyst.Silicon Valley invested nearly $35 billion in defense tech startups in 2023, with over $9 billion this year, according to PitchBook. Shield AI raised $500 million for its AI-powered drone system, and Anduril secured $1.5 billion. Despite a slowdown, the sector shows resilience amidst tough fundraising condition.

Believe me, itโs not...ย โขย 1y
Last week, news broke that India's former Defence Secretary launched his VC fund, Mount Tech Growth Fund. The first fund, named Kavachh, is expected to be ~โน500 Cr, supporting Defence Tech startups. โญ๏ธDemand for Defence Technology seems to be on t
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Rolls-Royce Took โGo Deepโ Literally. $11B Deep.โ ๐คฏ ๐คฏ Rolls-Royce has secured an $11 billion deal to build next-generation submarines. This major defense contract highlights the companyโs advanced engineering capabilities and role in national sec
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Foundationย โขย 1y
Do you know Bangalore is wrongly termed as Silicon Valley of India? US Silicon Valley comprises of San Jose, Palo Alto, Mountain View, Cupertino, Sunnyvale, Menlo Park, Santa Clara & Redwood City. These cities are located in Southern San Francisco B
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India has set an ambitious goal of achieving โน50,000 crore in defense exports by 2029, signaling a major shift in its global defense strategy. Once primarily known as an importer of military equipment, the country is now emerging as a significant exp
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YouTubeย โขย 11m
Metaโs AI Joins Forces with the U.S. Military: A New Era in National Security Meta has reportedly collaborated with the U.S. military by offering access to its advanced AI models to support national security objectives. This partnership likely focus
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How Anduril Became a $14 Billion Defence Giant! So the idea began years ago when Trae Stephens and Palmer Luckey met at a Founders Fund Retreat. They observed that despite the government having millions to spend, only few startups arw able to work
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Figuring Outย โขย 1y
How the US Military Lost $2.3 Trillion! So Firstly, The US military didnโt loose $2.3 trillion, they just lost track of where it was spent. Understand that with an easy example. So Imagine that you earned and spent 10 lakhs in a year, but only doc
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