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The State of Space and Defense Funding in 2025

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With New York Tech Week off and running and the second Fenwick Space Summit about to take flight, partner Michael Brown's observations about investor excitement at the intersection of space, defense, and deeptech are echoing back to us.

Things are moving fast, and it's an exciting time for innovators of all sizes in this realm—but especially early-stage companies in seed rounds. As a result, it's increasingly important to be thinking about what's next, whether that's the public markets, acquisition, or something else. 

Michael Brown, Partner at law firm Fenwick and advises on structuring, M&A and financing and admitted that for companies to jump from ‘A’ round to ‘C’ round in their cash-raising was extremely hard last year. 'I am seeing much more interest now. There’s also interest in the merging of space, defence and ‘deep-tech’ and also interest from the multi-stage venture capitalists many of which have billions of dollars under management. I really think 2025 will be better.'
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government contracts & public sector procurement, startup & venture capital, trade & national security, defense innovation & govtech, space & aerotech

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