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Investment

Interceptor Startup Singularity Emerges from Stealth with an $80M Series A at a $400M Valuation

The drone interceptor world is, like, hotter than hot right now, and investors aren’t showing any signs of backing down just yet.  This morning, Singularity emerged after two years in stealth with an $80M Series A led by Khosla Ventures and Felicis, a $400M valuation, and a mission to deploy “low-cost air defense systems at […]

InvestmentTech

Exclusive: Antaris Launches Defense-Focused Business, Aeonyx

Look out, world. The space guys are coming for your defense contracts. This morning, Antaris—which, to date, has done simulation and modeling primarily for space-based assets—announced in an exclusive release to Tectonic that it’s launching a dedicated defense-focused mission virtualization company called Aeonyx. The company will help “defense organizations evaluate architectures, validate operational concepts, improve […]

EuropeInvestment

Valarian Raises $50M Series A

Well, gosh darn. Our friends across the pond really are having quite the month. This morning, UK-based Valarian—which is building “the sovereign infrastructure layer for high-consequence operations and AI-driven systems”—announced that it’s raised a $50M Series A led by New Enterprise Associates (NEA). “We’re really, really excited to partner with [NEA],” Valarian founder and CEO […]

Tech

Exclusive: Vatn Unveils SIGURD Mine-Hunting Subsea Drone

Minehunting is back in vogue, and for good reason. If you’ve been keeping an eye on a certain strait off the coast of Iran, sub-sea mines—or the threat of them—have been causing a whole lot of problems.  The US Navy, which decommissioned half of its Avenger-class mine countermeasure ships last year, is looking for more […]

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Q + A

A Q + A with Matt Cronin, Senior National Security Advisor at a16z

If there is one VC fund you know in the defense tech world, it’s probably Andreesen Horowitz—or a16z, as the cool kids say. The firm—which just raised a casual $15B, including $1.176B for its “national interest” (defense and deep tech) focused American Dynamism fund—has backed some of the biggest names in the game, including Anduril, […]

Q + A

Q + A: A.J. Bertone, Managing Partner, In-Q-Tel

If you’ve been paying attention to the past year of Tectonic (!!), you’ll recognize a sneaky three-letter acronym that pops up on a lot of defense tech cap tables: IQT.  For those lucky enough not to be in the know, that stands for In-Q-Tel, a not-for-profit venture fund backed by the US government and investing […]

Q + A

A Q+A with Former Secretary of Defense Mark Esper

Mark Esper has spent a whole heck of a lot of time in the defense ecosystem.  After a decade in uniform in the US Army, he worked as a congressional staffer, a senior policy aide to Sens. Chuck Hagel and Bill Frist, and a Deputy Assistant Secretary of Defense in the early 2000s. Then, he […]

Q + A

A Q+A with Alex Ferrara, Partner at Bessemer Venture Partners

If there is one fund that knows how to deploy big-time cash into tech companies, it’s Bessemer Venture Partners. The Silicon Valley fund has about $19B under management, and has invested in tech giants from LinkedIn (everyone’s fav) to Shopify. This year, the fund has turned to defense—specifically, European defense. They led Auterion’s $130M Series […]