We’ve said it before, and we’ll say it again: Everyone loves a tiny plane. On Monday, Grid Aero, a California-based startup building autonomous aircraft focused on logistics operations in contested environments, announced it raised $20M in a Series A co-led by Bison Ventures and Geodesic Capital to boost testing and production of its “pickup truck” […]
Everyone and their mother really is doubling down on the whole defense tech thing. On Friday, federal contracting giant Booz Allen Hamilton ($BAH) announced that it’s investing a fat $400M in a16z’s Growth fund as an anchor LP and forming a strategic partnership with the VC giant. (To note: While the check goes to Growth, […]
Everywhere you look in NATO, defense tech startups are popping off, but our friendly neighbors up north have (for the most part) stayed out of the spotlight. Dominion Dynamics wants to change that. On Monday, the Canadian startup announced it has raised $15.2M ($21M CAD) in seed funding to develop a persistent multi-domain surveillance and […]
Well, it would appear that investors’ appetite for rare earths ain’t goin’ nowhere. Yesterday, US rare earths magnet manufacturer Noveon Magnetics announced that it’s closed a $215M Series C led by a whopping $200M investment from One Investment Management (OneIM). The company says that this big ol’ pile of cash will fuel “significant growth” of […]
Whatever image you have of what batteries look like, forget it. On Tuesday, Miami-based 3D-printed battery startup Material announced it had raised a $7.1M seed round co-led by Outlander VC and Harpoon Ventures. The company is taking aim at a surprisingly persistent problem: Batteries power nearly everything we write about, yet they’re rarely designed for […]
Looks like the factory of the future craze ain’t going anywhere in 2026. Over the weekend, new-age manufacturing company Hadrian said it had raised an undisclosed amount of capital at a $1.6B valuation led by T. Rowe Price, with participation from Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z, […]
Looks like the Europeans got the memo on the whole “prime-startup” partnership thing—and man, oh man, they’re not effing around. This morning, French autonomy startup Harmattan AI announced that it’s scored a $200M Series B at a $1.4B valuation led by French defense giant Dassault Aviation. Harmattan CEO Mouad M’Ghari told Tectonic that the two […]
Africa might not come to mind as a defense tech hotspot, but a startup founded by two Nigerians in their early twenties is changing that—and catching the eye of the defense tech world’s venture capital heavyweights. Early this morning, Nigerian autonomous systems startup Terra Industries announced in an exclusive release to Tectonic that it’s raised […]
If there is one piece of advice that everyone seems to bandy about in the defense tech world, it’s “go fast.” And it seems at least one company has taken that seriously to heart. This morning, just a few months after emerging from stealth, new-age defense tech holding company Valinor announced that it’s raised a […]
Well, if anyone thought 2026 was going to be a chill year, everyone and their mother is out to prove you wrong. Yesterday, European drone giant Destinus announced that it’s finalized its acquisition of Swiss AI avionics company Daedalean for a cool CHF 180M ($225M). Destinus said in a statement that Daedalean (say that five […]
