Component manufacturing really is so hot right now. This morning, new-age manufacturing startup Volund Manufacturing announced that it’s raised a $12M seed round led by Root Ventures to build low-cost gas turbine engines. New investors Squadra and Output Capital also participated in the round, and Marlinspike and First In returned to the cap table. Volund […]
Turns out that a whole lot of global instability is blowing the IPO window wide open for defense companies. Applied Aerospace & Defense—a Huntsville, Alabama-based, PE-backed defense and space subsystem manufacturer—went public on the New York Stock Exchange yesterday, raising $650M in its IPO and valuing the company at $3.25B after pricing shares near the […]
We write about drones, self-guided missiles, robots, and all of the other tech taking over the battlefield of the future every day. What we write about less are the overlooked-but-critical subcomponents inside each of them. Ya know, the stuff that actually makes them work. A big part of that is because there aren’t a whole […]
Big week for robotics around here, huh? This morning, US-Israeli robotics startup Shifters announced that it’s raised a $10.2M seed round led by Ace Capital Partners, bringing total funding to $15M. Other participants in the round include Aurelius Capital Management, Corner Ventures, and Arkin Capital. The company says the money will accelerate the development of […]
If you’ve taken a look at the summer events calendar and are worried about how hostile drones could throw a wrench into all of the FIFA World Cup and America 250 festivities, you’re not alone. The big players in public safety are, too, and they’re making some money moves to make sure it all goes […]
True to its name, Mach Industries is moving speedy quick, and investors are lining up to add fuel to the fire. A little more than a week after announcing the $50M acquisition of propulsion system and solid rocket motor-maker Exquadrum, the Huntington Beach startup announced late yesterday that it’s closed a $300M Series C co-led […]
Picogrid is proving that teamwork really does make the dream work. This morning, the El Segundo-based hardware and software integration startup announced in an exclusive release to Tectonic that it has raised $45M in a Series A led by Bessemer Venture Partners to expand its product family, increase deployments, and take its integration tech into […]
Another day, another pile of cash being poured into defense and security AI. This morning, US-Israeli AI startup Airis Labs emerged from stealth with $60M in funding and a mission to take all of the video out there and turn it into actionable intelligence. A big chunk of that cash comes from a $31M Series […]
We’re back with some super-cyber nuts and bolts, friends. This morning, AI-for-cybersecurity startup RevEng.AI announced that it’s raised a $15M Series A to further advance its cyberthreat-detecting AI software and expand into the United States. The round was led by the NATO Innovation Fund with participation from Sands Capital, In-Q-Tel (IQT), IQ Capital, and Episode […]
Well, seems the Europeans are getting super serious about investing in their defense. Yesterday, Sifted reported that Earlybird Ventures is teaming up with Paris-based AVP (the artist formerly known as AXA Venture Partners) to raise a €500M fund focused on defense. The reported raise comes just a few weeks after Earlybird announced that it’s closed […]
