Topic: defense startups

  • Bone AI Secures $12M to Take on Asia's Defense Giants with AI Robotics

    Bone AI Secures $12M to Take on Asia's Defense Giants with AI Robotics

    South Korea's defense industry is rapidly expanding with a $69 billion order backlog and has become the second-largest arms supplier to European NATO members, while its defense-tech startup ecosystem remains underdeveloped. Bone AI, a startup with dual headquarters in Seoul and Palo Alto, is deve...

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  • Anduril Targets $60 Billion Valuation in New Funding

    Anduril Targets $60 Billion Valuation in New Funding

    Anduril is in advanced talks for a funding round that would double its valuation to $60 billion, led by major venture capital firms like Thrive Capital and Andreessen Horowitz. The funding, potentially reaching $8 billion, aims to accelerate its autonomous defense systems and comes amid sector sc...

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