This American VC raises a $340M fund to invest in autonomous defence startups and more -- TFN

The future of defence aviation is autonomous. Recently Sheild AI joined the race and now Razor's Edge, based in Reston, Virginia, and defence- and security-focused VC firm announced the closing of its third startup investment fund at under $340M. The firm investment indicates that national security technology is a safe bet even in difficult economic times. According to the firm, it has surpassed its initial target of $250M and will target companies developing autonomous systems, space technologies, cybersecurity, AI and machine learning, digital signal processing, and other aerospace and defence technologies. With the new funding, the firm's total assets under management now exceed $600M.