Key Factors
- Billionaire household workplaces inked high-profile investments in an in any other case gradual month for deal-making, in response to Fintrx.
- 4 billionaires’ non-public funding companies joined an $863 million fundraise for a nuclear fusion startup.
- Peter Thiel, a longtime investor in protection tech, backed a German drone maker as different high-net-worth buyers flock to the sector.
A model of this text first appeared in CNBC’s Inside Wealth e-newsletter with Robert Frank, a weekly information to the high-net-worth investor and shopper. Signal as much as obtain future editions, straight to your inbox. For funding companies of the extremely rich, deal-making held regular in August. Household workplaces made 47 direct investments in corporations, almost flat from July’s 48 , per information offered completely to CNBC by Fintrx. Tariff anxieties proceed to weigh on household workplace deal-making, which sunk in August by almost 50% on a year-over-year foundation, in response to the non-public wealth intelligence platform. That stated, household workplaces of the world’s richest folks got here out swinging in August. The companies of former Google CEO Eric Schmidt, hedge fund billionaire Stanley Druckenmiller and philanthropist Laurene Powell Jobs joined an $863 million fundraise for Commonwealth Fusion Techniques. Invoice Gates’ enterprise capital agency, Gates Frontier, was additionally an investor within the nuclear fusion startup’s Collection B2 spherical. Whereas deal-making is on the decline, nuclear power companies are engaging to household workplaces seeking to faucet into the unreal intelligence increase, which would require immense energy. Powell Jobs’ Emerson Collective was additionally a part of a $314 million fundraise for robotics startup FieldAI . Jeff Bezos’ namesake household workplace co-led the spherical for the Irvine, California-based startup, which permits robots to study and navigate bodily environments like development websites. In August, Silicon Valley billionaire Peter Thiel joined a $62 million fundraise for Stark, a German developer of weaponized drones. His household workplace, Thiel Capital, has backed Quantum Techniques, one other German drone producer, since at the very least 2022. Thiel has a protracted observe report of funding protection tech companies via Thiel Capital and Founders Fund, the enterprise capital agency he runs, together with Palmer Luckey’s Anduril . He additionally co-founded the controversial AI software program maker Palantir which has contracts with Immigrations and Customs Enforcement , the U.S. Military and the Inner Income Service. “A.I. is a navy know-how,” Thiel wrote in a New York Occasions op-ed in 2019. “Overlook the sci-fi fantasy; what’s highly effective about really current A.I. is its software to comparatively mundane duties like pc imaginative and prescient and information evaluation.” Six years later, extra deep-pocketed buyers have warmed to protection tech startups. As soon as shunned by buyers who had been drawn to an environmental, social and governance lens, protection belongings have surged in reputation in gentle of geopolitical turmoil and pledges by Germany and different European Union members to ramp up protection spending. In June, Spotify founder Daniel Ek’s enterprise capital agency led a 600 million euro ($698.96 million) spherical for Munich-founded protection tech agency Helsing . Final month, the holding firm of the billionaire household behind Volkswagen and Porsche introduced it was searching for co-investors for a VC fund devoted to European protection startups. To that finish, Porsche SE shared plans to host a “Protection Day” networking occasion for European and German household workplaces. Enterprise capital funding in protection tech hit $19.1 billion within the second quarter of 2025, a 200% annual improve, in response to PitchBook.
