Axios

National security-focused VC firm raises $125 million

National security-focused VC firm raises $125 million

Shield Capital, a new VC firm focused on dual-use national security startups, raised $125 million for its debut fund.

Why it matters: Timing is everything. Tech's antipathy toward defense and military applications was waning even before the Russia-Ukraine war, in part thanks to the change in White House occupant, and that abatement should now move even quicker.