Latest Stories
TYTAN Raises €30M Series A
Well, we’re running with a bit of a theme today. Can someone let us know why everyone is raising pretty much the exact same amount of money on the exact same day? Yesterday, German interceptor hotshot TYTAN announced that it’s raised a €30M Series A led by Armira and NATO Innovation Fund (NIF), with support […]
Estonia’s Frankenburg Raises €30M Series A
If there’s one thing sharing a border with Russia has taught the Baltics in the past few years, it’s that drone defense is pretty damn important. Luckily, a crop of high-octane startups is rushing to meet the moment, and securing some serious cash to get there. Yesterday, Estonian interceptor startup Frankenburg Technologies announced a €30M […]
Exclusive Interview: Chariot Raises $34M Series A
Say it louder for the people in the back: Welcome to the golden era of defense tech’s picks and shovels. This morning, Chariot Defense—which builds new-age power systems for, well, defense—announced that they’ve raised a $34M Series A led by Andreesen Horowitz (a16z), with participation from DCVC, LMNT, Marlinspike, Overmatch, Shield Capital, Ensemble, and Trenches […]
Shift5 Joins Anduril’s NGC2 Team
Anduril sure has a knack for making friends. Yesterday, defense and transportation-focused startup Shift5 announced that they’re joining Anduril’s Next Generation Command and Control (NGC2) prototyping effort to bring its predictive maintenance magic to the Army’s 4th Infantry Division’s vehicles. Race to integrate: We’ve covered the Army’s NGC2 program a lot, so we’ll keep it […]
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 […]
