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Charlotte Ketelaar's avatar

The Saronic round is the one to watch here. $1.75B at $9.25B for autonomous naval vessels... that's defense tech crossing the threshold from "interesting thematic bet" to "portfolio-level allocation." Combined with Shield AI's $2B raise last week, we're seeing defense startups pull venture capital at a pace that rivals AI labs. The question for LPs: is your defense tech exposure intentional, or are you about to be underweight the fastest-growing sector in venture?

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