Investment in Frontier Technology Increases Year Over Year; Silicon Valley Bank Releases New Report
1. VC investment in frontier tech increased by 47% year-over-year. 2. First Citizens Bank, FCNCA's parent, benefits from this venture capital surge. 3. Total VC investment in defense technology exceeds $4 billion in 2024. 4. AI and industrial robotics are seeing significant VC budget increases. 5. More than half of frontier tech unicorns raised funds recently.