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Family Offices Invest $863M in Fusion Amid Tariff Woes

9/4/2025

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Summary

Story summary

In August 2025, family offices made 47 direct investments, consistent with July figures, despite a 50% year-over-year decline due to tariff concerns.
Significant investments included $863 million in Commonwealth Fusion Systems and $314 million in robotics startup FieldAI.
Defense tech investments reached $19.1 billion in Q2 2025, a 200% increase, fueled by geopolitical tensions and rising defense spending in Europe.

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Story summary

In August 2025, family offices made 47 direct investments, consistent with July figures, despite a 50% year-over-year decline due to tariff concerns.
Significant investments included $863 million in Commonwealth Fusion Systems and $314 million in robotics startup FieldAI.
Defense tech investments reached $19.1 billion in Q2 2025, a 200% increase, fueled by geopolitical tensions and rising defense spending in Europe.