Defence technology VC firm rules off first close, prepares to deploy

The Australian Financial Review
02-06

Former Shark Tank judge and serial tech investor Steve Baxter has ruled off a first close for his specialist defence venture capital firm, and is preparing to deploy the new money into companies developing weapons and other defence technologies.

Beaten Zone founder Steve Baxter said the initial close of $10 million marked a “significant milestone in advancing sovereign defence capabilities through private capital investment.”

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