Latest Stories
Finland’s Kelluu Raises €15M NIF-led Series A
Finland may not be the first country that comes to mind as a defense hotspot, but sharing an 800-plus-mile border with Russia helps kick things into gear. Earlier today, Kelluu, a Finnish autonomous ISR-focused airship startup, announced a €15M ($18M) Series A led by the NATO Innovation Fund. The company says it will use the […]
Exclusive: Sapient Perception Scores €2M, Ukrainian Deployment
Well, the Nordics are making some money moves, aren’t they? This morning, Danish sensor startup Sapient Perception announced in an exclusive interview with Tectonic that they’ve raised a €2M ($2.4M) pre-seed round co-led by Balnord and FORWARD.one. The company says it will use the money to “accelerate development of the company’s software-defined cameras and AI […]
Exclusive: OpsLab Scores First Navy Contract
If you’re a regular reader of Tectonic, you’ll know that there’s no shortage of companies promising to automate aviation. But before robots take over the cockpit, the US military’s human pilots could use a bit of AI assistance to solve a much more basic problem: Scheduling flight plans and managing disruptions without needing a whiteboard […]
Exclusive: Redwire Scores $20M Follow-on from USMC
It’s a rare week when we write about more contracts than we do investments, but here we are. This morning, space and defense giant Redwire ($RDW) announced in an exclusive release to Tectonic that it’s been awarded $20M in follow-on orders from the Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office (PMA-263) […]
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: 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 […]
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 […]
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 […]
