Securing Our Future

Securing Our Future

Share this post

Securing Our Future
Securing Our Future
Dual-Use Tech Roundup - Venture Capital, Flight, Cybersecurity & AI
Copy link
Facebook
Email
Notes
More
User's avatar
Discover more from Securing Our Future
A newsletter focused on accelerating innovation through the collaboration of commercial and national security sectors by New North Ventures.
Already have an account? Sign in

Dual-Use Tech Roundup - Venture Capital, Flight, Cybersecurity & AI

21 March 2022 - Featuring Shield Capital, Hermeus, Cybersixgill, Silent Eight, Axonius & Attivo Networks

Mar 21, 2022
2

Share this post

Securing Our Future
Securing Our Future
Dual-Use Tech Roundup - Venture Capital, Flight, Cybersecurity & AI
Copy link
Facebook
Email
Notes
More
Share
Bloomberg Politics. Photographer: Emin Sansar/Anadolu Agency

Editors’ Note:

As we enter week four of the Russian invasion into Ukraine, we remain optimistic about the peace that the world has seen for the past 75 years.  We are reminded that intelligence was able to prepare us for the events of today and to give our leaders preparation and better options to bring this conflict to a conclusion.  We are also reminded that superior leadership and capability in any battlefield (military or business) results in success.

VC Fund Updates:

Shield Capital is a VC fund that invests in “company founders building technology that matters.” The fund is headquartered in San Francisco and specializes in Cybersecurity, AI, Space, and Autonomous technology. This past week the fund finished raising $125 M to invest in dual-use companies. The investment team includes partners with a mix of military connections and VC experience. The fund’s portfolio companies include Hawkeye 360, Airspace Intelligence, Rebellion Defense, and others.  Congrats to them!

Deal Round-Up:

Hermeus:

Hypersonic jet startup, Hermeus, is hoping to make air travel faster and safer. The company raised $100 M on March 10th, 2022 in a round led by Sam Altman. Other investors include Peter Thiel, Kholsha Ventures, Revolution, Bling Capital, Canaan Partners, and In-Q-tel. The company had previously raised a $60 M round in August of 2021 which included participation from the Air Force Research Lab (AFRL). Both In-Q-tel and AFRL were featured in the NNV newsletter focused on non-dilutive government funding. This new round of funding will go towards completing the development of the company’s first Quarterhouse jet and to begin flight testing.

Cybersixgill:

Cybersecurity company, Cybersixgill, uses advanced algorithms to monitor and identify patterns of behaviors that may indicate cyber threats and attacks. This threat intelligence portal can be used to analyze and predict activity on the dark web. The company raised a $50 M Series B round of funding on March 10th, 2022. This round was led by REV Ventures Partners and More Provident funds. The company plans to use the funds to continue to develop their solutions and expand its global footprint.

Silent Eight:

Silent Eight has developed an AI based cyber security software platform to help safeguard financial institutions. The company raised $40 M of Series B funding on March 10th, 2022. This round was led by HSBC Strategic Innovation Investments and TYH Ventures. The company plans to hire 150 new data scientists after this round in order to expand the technology functions of the platform.

Axonius:

Axonius has developed a cybersecurity asset management platform that protects connected devices utilized by businesses. The company raised $200 M in Series E funding on March 8th, 2022. The round was led by Accel and several different VC funds participated including: Silver Lake, Lightspeed Venture Partners, Alta Park Capital and others.

Attivo Networks:

Attivo Networks operates a cyber security platform that provides real-time threat detection for their customers. The platform has applications in public and private data centers, Industrial Control Systems (ICS), point of sale environments, and other industries. The company reached a deal to be acquired by Sentinel One (NYS: S) for $615.5 M on March 15th, 2022.

What We’re Reading:

  • NATO Wants to Avoid Getting Dragged Into a War With Russia by Mistake - Bloomberg Business

  • Jonathan Ward Reveals Why We're Headed Towards A 'Hot War' With China & Russia - Jonathan Ward

  • Balancing Acts by Daniel Lamarre, UNLEASHING THE POWER OF CREATIVITY IN YOUR LIFE AND WORK

  • A future defense triad: A new deterrence strategy for the 21st century | American Enterprise Institute - AEI - biological threats, information warfare, and advanced munitions - deterrence by denial

  • Russia says its businesses can steal patents from anyone in ‘unfriendly’ countries -  The Washington Post 

  • Twitter is part of our war effort - Ukraine minister - BBC News

  • Space Force to reorganize its acquisition command to ‘focus on the threat’ - SpaceNews

  • The US must harness the power of Silicon Valley to spur military innovation - TechCrunch

2

Share this post

Securing Our Future
Securing Our Future
Dual-Use Tech Roundup - Venture Capital, Flight, Cybersecurity & AI
Copy link
Facebook
Email
Notes
More
Share
Dual-Use Tech Roundup - Security, Flight, AI, Drones & Quantum Computing
21 February 2022 - Featuring Non-Dilutive Funding Sources, Evolv, ORB Aerospace, Reveal, Auterion, D-Wave & MSBAI
Feb 21, 2022
2

Share this post

Securing Our Future
Securing Our Future
Dual-Use Tech Roundup - Security, Flight, AI, Drones & Quantum Computing
Copy link
Facebook
Email
Notes
More
2025 Boston Innovation Summit: Shaping the Future of Dual-Use Innovation, Fundings: Comand AI, Droneway, Sublime Security
18 December 2024 - A Weekly Publication by New North Ventures
Dec 18, 2024

Share this post

Securing Our Future
Securing Our Future
2025 Boston Innovation Summit: Shaping the Future of Dual-Use Innovation, Fundings: Comand AI, Droneway, Sublime Security
Copy link
Facebook
Email
Notes
More
SBA & DoD Announce $2.8 Billion Investment in Critical Tech—Our Firm Joins First Cohort!
23 October 2024 - A Weekly Publication by New North Ventures
Oct 23, 2024

Share this post

Securing Our Future
Securing Our Future
SBA & DoD Announce $2.8 Billion Investment in Critical Tech—Our Firm Joins First Cohort!
Copy link
Facebook
Email
Notes
More

Ready for more?

© 2025 New North Ventures
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More