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open to reachouts!
Asking around, would be really interesting to talk to some other founders working in the defence innovation space. Especially regarding fundraising, the NATO Investment Fund and the DIANA initiative (a NATO version of DARPA).
On my personal experience in the market I'm currently fundraising for a seed round in an and we're finding it very hard to get any VCs to commit to being lead investors. VCs are super excited/optimistic about our company and willing to immediately jump on board as soon as a term sheet is signed by a lead investor.
Trouble is that absolutely everyone is taking that position - leaving us in quite a pickle. I've gone through fundraising cycles before and never encountered something like this before, hearing the same from a bunch of other companies as well. I understand that the macroeconomic situation has made many more cautions, but this is just odd.
Would really appreciate insight from both defence sector VCs and/or other founders currently raising.
Trouble is that absolutely everyone is taking that position - leaving us in quite a pickle. I've gone through fundraising cycles before and never encountered something like this before, hearing the same from a bunch of other companies as well. I understand that the macroeconomic situation has made many more cautions, but this is just odd.
Would really appreciate insight from both VCs and/or other founders currently raising.