Dossier
Valley of Death
Coverage of Valley of Death in the Nexus archive.
- Defense tech is flooded with money, but who’s built to last?
Defense tech is experiencing a surge in investment, with companies like Anduril and Mach Industries seeing significant valuation increases. The U.S. government is proposing a 40% rise in defense spending, attracting new startups to compete for contracts. However, venture investor Ross Fubini warns many will fail to survive the 'Valley of Death' between prototype and deployment.
- AI Drives Cybersecurity Investments, Widening 'Valley of Death'
Investment dollars in AI security startups exceeded AI acquisitions by over $1 billion in 1Q26, a rare occurrence. This reversal signifies a shift in investment priorities. The 'Valley of Death' is widening as a result.