The Department of Defense, via the Office of Strategic Capital and the Small Business Administration, committed $150 million to Mare Liberum, a maritime-technology-focused venture fund founded three years ago, for its second investment fund, Fortune has learned. The capital was committed in September 2025.
As the government's official forecaster, the Office for Budget Responsibility (OBR), flags, there are other risks this year - pressures on defence and health spending, for example.
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