Castelion hits $13B valuation to mass-produce hypersonic missiles
Founded in 2022, Castelion set out to manufacture hypersonic weapon systems at a lower cost and at faster speeds than traditional defense primes.
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Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark
Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehic…
Anduril raises $5B, doubles valuation to $61B
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.