AI

Family offices are key venture-stage investors in defense-related technology as other LPs explore their options.

Mismatched valuation expectations are impeding defense tech acquisitions.

'One of the things we’ve changed over the past couple years is we’re getting exposure to earlier rounds,' said UNF CIO Brian Neale.

Using his tech sales experience, Justin Wexler works with WndrCo co-founder Jeffrey Katzenberg to help portfolio companies seal deals with Fortune 500 companies.

Investors seem to be directing more capital to support existing portfolio companies instead of pursuing new investments, while earlier timing for mega-deals suggests a push to accelerate development to beat competitors.

The new venture manager is raising both an equity and debt fund, which it says gives it ‘proprietary deal intelligence.’

The firm closed on $50 million to back early-stage companies and connect them with its corporate network.

Firm with $7.3bn raised in VC program since first fund in 1990 anticipating return of IPOs and M&As later this year or next, with uptick of CVs in the meantime.

Humain is an AI company owned and funded by the Public Investment Fund, Saudi Arabia's $925bn sovereign wealth fund.