Humba Ventures raises $40M fund to invest in deep tech, defense tech 

Quick Summary:

He consulted friends about whether he should take international money for Humba, especially when the team would be investing in startups that sell to the U.S.government.

It is a sister-firm to Susa Ventures, the seed-stage firm that has backed companies like Robinhood, Human Interest and Flexport.

To launch a defense tech fund, Polovets had to approach fundraising from a different perspective.

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Article Details

Author / Journalist: Margaux MacColl

Category: Technology

Markets: United StatesAustraliaCanadaChinaNew Zealand

Topics: Venture Defense tech Humba ventures Susa ventures Deep tech Venture funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 16:00:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24380729

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