Benchmark Leads $25M Furientis Seed in First Pure Defense Bet

Startups15 days ago

A new contract with the Department of War will allow Furientis to develop interceptors with a 100 mile range. The company also announced it closed a $25 million seed funding round to scale its production of low cost defense systems.

The funding was led by Benchmark, marking the storied Silicon Valley venture firm's first pure defense investment. Furientis is currently hiring engineers across all disciplines after reporting that its prototypes are being tested at an industry best pace.

Mapped to your portfolio

Possible scenarios

38%Elite VC Rotation+0.2%
27%Bubble Discipline Returns-0.0%
22%Pentagon Demand Validation+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Benchmark Leads $25M Furientis Seed in First Pure Defense Bet

In this story

Furientis Benchmark United States Department of War

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

38%Elite VC Rotation+0.2%
27%Bubble Discipline Returns-0.0%
22%Pentagon Demand Validation+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.