It’s been a busy, beefy week for the Pentagon and a certain AI giant, but a startup out of El Segundo has a solution to those tensions: Just build an AI lab purpose-built for national security. And investors are on board. Yesterday, Smack Technologies announced a combo Seed and Series A round to build what […]
The markets may be in a panic over AI (and, like, at least three other things), but the hype for AI-powered defense tech continues. This morning, AI-powered geospatial intelligence startup Worldscape.ai announced in an exclusive release to Tectonic that they’ve closed a $6M seed round led by Scout Ventures, with participation from Radius and Washington […]
If you’re a regular Tectonic reader, you’ll know there are a whole lot of drones, drone boats, drone submarines, and whatever other autonomous thingamajigs you can think of coming onto the market. What all these autonomous systems are missing is a playcaller that turns them into a cohesive multi-domain, multi-platform force. NODA AI is building […]
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 […]
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 […]
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 […]
Move over, drones. This week is all about the science fiction-y stuff (well, at least for now). Yesterday, connectivity company (and Google spinout) Aalyria announced that it’s raised a $100M Series B at a whopping $1.3B valuation led by Battery Ventures and J2 Ventures, with participation from DYNE and others. Aalyria CEO Chris Taylor told […]
We’re back to the nuts and bolts, baby. Yesterday, Code Metal, a “code [translator] for mission critical industries” (we’ll explain, dw) announced that it’s raised a $125M Series B led by Salesforce Ventures with participation from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, RTX, and others. This latest round brings the […]
In case you missed 8VC and Lux Capital throwing their weight behind Nigeria’s Terra Industries this week, the big ballers of American defense tech VC have been casting their eyes abroad lately. And now, they’re looking at the land down under. Earlier this week, Breaker—an Australian-American startup building AI voice-control software for autonomous swarms—raised $6M […]
Laissez les bons temps rouler in maritime autonomy world. Yesterday, California-based USV startup Seasats announced that it closed a $20M Series A led by Konvoy Ventures, with participation from Shield Capital, Techstars, and others. That fresh capital brings their total funding to over $40M, and as CEO Mike Flanigan told Tectonic, it’s all about scaling […]
