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Good morning 👋

And Happy Friday.

Long week - lots of news.

Let’s get into what you missed yesterday so you can get back to your day.

TL;DR:

HEADLINES
Anduril raises another $1.5b 🛡

  • Anduril raises $1.5B at a $14B valuation (TechCrunch)

  • Adtech Startup Funding Has Collapsed (Crunchbase)

  • The U.S. is on a climate-tech spending spree (Axios)

  • SoftBank still on the hunt for AI deals despite losses, market turmoil (Pitchbook)

  • Arche Capital to Raise $100 Million Debut Fund Amid Crypto Comeback (WSJ)

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FUNDS

P.S. 👉 If you’re looking to get a new VC job …

We’ve found the best way to do that is to find the jobs before they become available. In our opinion, the best way to do that is to a) find who is raising funds and b) find who is the right person to contact at each of those funds.

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POLL

Is Anduril an outlier, or do you think there will be more venture dollars going towards B2G (business-to-government) companies?

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RESULTS

Here are the results from our poll question in yesterday’s piece:

What do you think the realistic timeline is for robots to take a majority of factory worker jobs?

🟨🟨🟨🟨⬜️⬜️ Within the next six months (10)

🟨🟨🟨🟨⬜️⬜️ Within the next year (10)

🟨🟨🟨🟨⬜️⬜️ Within the next two years (9)

🟩🟩🟩🟩🟩🟩 Longer than two years (12)

41 Votes

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