In the latest newsletter from Veteran Ventures Capital (VVC), the Knoxville-based fund reports a number of developments. Most important is the progress made towards closing out VVC Veterans Fund I, deploying capital into extraordinary veteran-led businesses, and concentrating heavily on value creation for our portfolio companies.
“We are thrilled with the progress made this last quarter across our portfolio companies, and importantly, Veteran Ventures continues to solidify strategic partnerships with funding partners and investors towards the close of VVC Veterans Fund I this Fall,” Founder Derren Burrell writes.
VVC secured a partnership with Campfire Capital to support its funding efforts. “Similar to Veteran Ventures, Campfire is veteran-owned and we find our core values are strongly aligned towards service and focus on veterans,” he notes. “We look forward to doing great things together.”
Veteran Ventures was also recognized four times the past month in Seed Round‘s listing of “Top Investors,” highlighting the top venture capital firms investing in aerospace, logistics, and drone companies. They include these citations: (1) “21 Best Investors for Early Stage Aerospace Start-ups”; (2) “20 Top Seed Investors in Logistics Startups (United States)”; (3) “6 Best Investors for Seed Stage Drones Start-ups”; and (4) “8 Best Investors For Seed Stage Government Start-ups.”
“This is a terrific mention for our team, joining ranks with The Carlyle Group, Airbus Ventures, and Starburst Accelerator,” Burrell wrote. “We are proud of the investments we have made in these critical marketplaces bolstering our national security.”