Happy Sunday!
Here’s a supply-chain problem you may not have heard about: more than 80% of America’s military working dogs come from Europe. Now Dallas biotech entrepreneur Ben Lamm and Anduril founder Palmer Luckey have launched Warhound, a company using genetic engineering and defense technology to develop healthier, more capable working dogs. The new company debuted this week with $200 million in funding and a $1.2 billion valuation.
That deal and many more are in this week’s roundup, which follows a deal analysis from our friends at pH Partners.