Lock in, kids. We’re playing with rocks today. Yesterday, AI-powered mining and refining company Mariana Minerals announced that it’s raised a $310M Series B led by Khosla Ventures, bringing total funding to about $400M. Mariana CEO and co-founder Turner Caldwell told Tectonic that they’ll use the funding to scale up their current mining operations—Copper One […]
The nuclear startup world is going, well, nuclear. Yesterday, El Segundo-based Valar Atomics announced a whopping $1B Series B led by Sequoia Capital. The raise comes hot on the heels of the three-year-old startup’s microreactor hitting criticality (when a nuclear chain reaction becomes self-sustaining) in the Department of Energy’s Reactor Pilot Program, a partnership with […]
The loan is designed to “establish high-volume domestic manufacturing capacity for critical drone components.”
The London- and Berlin-based startup secured $30M across two rounds to train autonomous systems.
Watch out, y’all. The Europeans are coming for your defense tech startups. Leonardo DRS, the US subsidiary of Italian defense giant Leonardo, announced yesterday that it’s snapped up Virginia-based data fusion and AI defense software company Raft in an all-cash deal valued at $450M. The deal, according to Leonardo DRS CEO John Baylouny, “adds proven […]
The space-based radar startup’s funding round will fund R&D and its expansion into the Indo-Pacific.
If you thought you’d seen the last of the new-and-shiny interceptor companies, think again. Late last week, FPF Defense—a new cUAS company founded by former Acting Secretary of Defense and Director of the US National Counterterrorism Center Chris Miller—announced that it’s scored a “strategic investment” co-led by RSE Ventures and Ondas Inc. Miller told Tectonic […]
Antares is focused on deploying its microreactors on military sites by 2028.
There’s a popular saying that we know less about the ocean than space. Andrenam is on a mission to change that. The California-based startup is building a distributed network of underwater acoustic sensors and the AI-powered software to process all of the data they collect. That fits cleanly into the whole “maritime is all the […]
Well, the guys over at Twenty are having quite the summer. Yesterday, just about a month after announcing their $100M Series B, the offensive cyber warfare startup announced that it’s raised yet another $30M (a Series B extension) from Khosla Ventures at a $1.2B valuation. Founder and CEO Joe Lin told Tectonic that they’d actually […]
