Australian Defence Tech VC Firm Secures First Close, Set to Invest in Cutting-Edge Innovations
2025-02-05
The Australian Financial Review
Australian defence technology is set to receive a significant boost as Steve Baxter, renowned tech investor and former Shark Tank judge, announces the first close of his specialist defence venture capital firm. With a focus on investing in companies developing advanced defence technologies, including innovative weapons and cybersecurity solutions, Baxter's firm is poised to play a key role in shaping the future of Australia's defence industry. This investment is expected to drive growth and innovation in the sector, creating new opportunities for Australian defence tech startups. Key areas of focus include artificial intelligence and cybersecurity.
