One of the startups Shield Capital funds—Elroy Air, seen here demonstrating at Travis AFB—says the U.S. defense community is interested in its technology.
Credit: Elroy Air
A venture capital (VC) group led by high-level Pentagon veterans has raised money for its inaugural fund focused on early-stage companies, a feat made harder in recent years as VC activity has fallen from its early pandemic heights. Shield Capital said Oct. 16 it raised $186 million for the fund....
Subscription Required
VC Firm Made Of DIU Vets Unveils $186M Early-Stage Investment Fund is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.