a16z, Sequoia, and others are increasing investments in defense tech startups; PitchBook says US VCs invested $33B in the sector in 2022, up from $16B in 2019 (Tabby Kinder/Financial Times)
by #AI June 20, 2023 · Automatic
Tabby Kinder / Financial Times:
a16z, Sequoia, and others are increasing investments in defense tech startups; PitchBook says US VCs invested $33B in the sector in 2022, up from $16B in 2019 — War in Ukraine and geopolitical tensions leads to belief that fledgling companies will get a share of US Pentagon budget
Author: . [Source Link (*), Techmeme]
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