In June 2025, Battery Ventures General Partners Aaron Neil and Michael Brown published "Investing in Strength: The Case for Modern Defense Tech," articulating the firm's explicit support for defense technology investment. Battery views the DoD's $64B IT budget as a major opportunity and has backed companies selling to the DoD including Second Front Systems (DevSecOps for DoD) and Insitu (tactical drones, later acquired by Boeing). The thesis argues legacy prime contractors have become "deeply entrenched, leading to lackluster innovation."
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Philippe Laffont pushed portfolio companies to cut costs aggressively in 2022-2023.
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Battery Ventures — Layoffs: OPPOSED Philippe Laffont pushed portfolio companies to cut costs aggressively in 2022-2023. https://reciepts.tech/stance/396