AwesomeFinTech

Β 
Companies Investors VC Learn News
Β 
Join Log In

FinTech news in Countdown Capital category

Countdown Capital raised $15 million for its second fund

It probably won’t stay that way for long, though, as multiple other firms have started cropping up to target early-stage opportunities in many of the sectors Countdown operates in, including Dcode Capital (defense and hard tech), Stellar Ventures (space) and Shield Capital (defense). In a time when most VCs are acting more cautiously and placing focus on companies with a quick path to profitability, Countdown Capital is instead going all in on hard-to-build, capital-intensive bets. Malik said for this fund the firm is really interested in tapping into macro trends, including supply chain issues, bringing manufacturing back to American soil and new innovations related to defense machinery and weaponry. Malik said that apart from deploying pre-seed capital, the firm will be focused on helping its portfolio companies hire talent.