a16z, Sequoia, and others are increasingly investing in defense tech startups; PitchBook: US VCs invested $33B in the sector in 2022, up from below $16B in 2019
“US venture investment in defence start-ups surged from under $16bn in 2019 to $33bn in 2022, PitchBook data shows. Investors piled a record $14.5bn into such start-ups in the first quarter of this year.” Silicon Valley had shun https://www.ft.com/...