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 […]
Watch out, because Terra is taking off. Yesterday, a few short weeks after raising $11.75M in a seed round led by 8VC, Nigerian autonomous systems startup Terra Industries announced they’ve tacked on another $22M in a strategic bridge round led by Lux Capital. That latest haul brings the company’s total seed funding to $34M at […]
If there’s one thing we can all agree on, it’s that the Pentagon is way too bureaucratic and siloed, especially when it comes to engaging with industry. Most of the proposed fixes to the Pentagon’s red-tape hellscape revolve around faster procurement, prototyping, and fielding. Seattle-based software startup Integrate is trying to solve a different bottleneck: […]
The US has a nuclear waste problem. A startup has an idea on how to fix it—and give all the power-hungry hardware the Pentagon loves a next-gen energy supply. Yesterday, Project Omega emerged from stealth with $12M in funding to scale up its nuclear waste recycling technology and accelerate the development of a battery-sized nuclear […]
In case you haven’t noticed, electronic warfare is kind of a big deal right now. From the frontlines of Ukraine to Caracas (apparently), everyone is trying to figure out the best way to jam and spoof their adversaries while avoiding being jammed and spoofed themselves. Enter: Tenna Systems, an Israeli startup building a spectrum intelligence […]
