Topic: defense tech funding
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Anduril in talks to raise funding at $100B valuation
Anduril is reportedly in talks to raise new funding that could increase its valuation to roughly $100 billion, a $40 billion jump from its previous $61 billion valuation in May 2026. The defense tech sector is experiencing a dramatic resurgence, with venture funding more than doubling to over $12...
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Quantum Systems secures $1.2B at $8B valuation
Quantum Systems, a German autonomous drone manufacturer, raised $1.2 billion in Series D funding, tripling its valuation to $8 billion in one of the largest European defence-tech fundraising rounds. The company’s war-tested drones, which flew over 19,000 missions in Ukraine in 2025, are profitabl...
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Hermeus Raises $350M at $1B Valuation
Hermeus, a Los Angeles defense startup, secured $350 million in funding, reaching a $1 billion valuation to advance its development of hypersonic aircraft capable of Mach 5 flight. The company employs a rapid, hardware-focused development strategy, building annual prototypes and embracing risk, i...
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Defense tech startup Picogrid lands $45M to be the neutral integration layer
Picogrid, a six-year-old defense-tech startup, raised $45 million in Series A funding to serve as an "open integration layer" that connects disparate military hardware systems that cannot communicate with each other. The company argues that integration, not invention, is the primary constraint on...
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Anduril raises $5bn at $61bn valuation, doubling in 11 months
Anduril Industries raised $5 billion in new capital, doubling its valuation to $61 billion in eleven months, fueled by over $2 billion in 2025 revenue and a landmark $20 billion Pentagon agreement. The funding round, led by Thrive Capital and Andreessen Horowitz, reflects strong investor confiden...
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Rilian secures $17.5M for agentic AI in defence
Rilian, a Virginia-based startup, raised $17.5 million in seed funding for its Caspian platform, which deploys pre-trained AI agents into air-gapped and compliance-restricted government networks to automate threat detection and response. The funding, led by 8VC, First In, and Tamarack Global, wil...
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Startups Weekly: Speed, Growth & Innovation
The startup world saw rapid developments in defense tech, AI, and fintech, with bold ideas attracting significant investment despite market uncertainty. Israeli startups like Base44 and Ramp made headlines with fast acquisitions and soaring valuations, reinforcing Israel's tech leadership. AI and...
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