InvestmentTech

Saronic and NVIDIA Team Up

If you’re going to make friends as an autonomy company, it’s probably pretty helpful if one of those friends is one of the most powerful and valuable chip companies in the world.  Yesterday, maritime autonomy darling Saronic announced that it’s officially inked a “strategic collaboration” with the chipmaking giant NVIDIA (which has a $4.43T market […]

Investment

ICYMI: Anduril Snaps Up AIRS for Infrared

The expansion of the Anduril empire continues. Earlier this week, mere days after unveiling their futuristic EagleEye headset at AUSA, the defense tech giant announced that they’ve acquired a US-based infrared company called American Infrared Solutions (AIRS). According to a release by Anduril on Monday, the acquisition “will further integrate AIRS’s advanced hardware into Anduril’s […]

Investment

Exclusive: Silkline Raises $4M Seed Round

Manufacturing is so back, baby. This morning, “supply chain orchestration” platform Silkline announced in an exclusive interview with Tectonic that they’ve raised a $4M seed round led by Origin Ventures with participation from Forward Deployed VC, 25madison, MatchstickVentures, Barrel Ventures, and Plow Ventures. The company—founded a little over two years ago—uses AI to make “sourcing […]

EuropeInvestment

Exclusive: UA1 Launches $50M Ukraine-Focused Fund

Remember when we said the Ukrainians were coming? Well, it’s beginning to look like we were right. This morning, Ukraine-focused US VC UA1 announced in an exclusive release to Tectonic that they’re raising a $50M fund to scale Ukrainian tech “into capabilities that strengthen U.S., European, and NATO security.” The firm—co-founded by US Marine Corps […]

Investment

Exclusive: YC-Backed Albacore Swims Into $6.5M Seed Round

Maritime autonomy on the surface has had its time in the sun—a startup out of this year’s Y Combinator class is taking the hype underwater.  In an exclusive release to Tectonic, Albacore, a Philadelphia-based startup making long-range unmanned underwater vehicles (UUVs), announced it has raised a $6.5M seed round led by Outlander VC with participation […]

Investment

ICYMI: Govini Raises $150M at over $1B Valuation

Well, the defense tech money tap isn’t showing any signs of shutting off.  On Friday, defense acquisition and sustainment software company Govini reported some pretty eye-watering numbers: They’ve officially raised $150M in new funding and reported $100M in annual recurring revenue (ARR) this fiscal year at a valuation of over $1B. Looks like the defense […]

Investment

HavocAI Raises $85M to Scale 

Remember when we said maritime autonomy is all the rage? Well, some heavy-hitting investors have just proved our point.  Yesterday, USV company HavocAI announced that they’ve raised $85M in new capital from B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners—all new investors. Scout Ventures and […]

Investment

Exclusive: Forterra Acquires goTenna

Remember when we said it had been a big week for Forterra? Well, it just got bigger.  This morning, the ground autonomy company announced in an exclusive release to Tectonic that they have fully acquired networking and secure comms company goTenna for an undisclosed amount. “By integrating goTenna technology into our platform, we’re improving user […]

InvestmentTech

Helsing Buys Australian Underwater Drone-Maker Blue Ocean

The much-anticipated defense tech rollup era is in full swing, even on the other side of the pond.  This morning, German defense tech darling Helsing, one of Europe’s most valuable startups, announced that it has acquired Blue Ocean, an Australian underwater drone company, to accelerate the development of its unmanned underwater vehicle (UUV) program.  Looks […]