Betting on Deep Tech

"Our fund Humba Ventures is investing $250k-$500k in areas like energy, robotics, material science, and defense and aerospace. " - But a tiny drop in the bucket.

Why would anyone seek investment from such small amounts for deep tech when you can get the same or even much larger amounts of non-dilutive capital for Deep Tech in places like SBIR grants and other areas where there's funds for deep tech research?