Topic: defense tech investment
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Pentagon’s AI urgency fuels $61M raise for Smack Technologies
Smack Technologies, an Austin-based defense AI startup, raised a $61 million Series B round in 2026, its second raise of the year, driven by surging U.S. military demand that outpaces its hiring capacity. The company’s products,Omega, a fires-planning software using reinforcement learning, and Al...
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Comand AI secures €32M for military command software
Comand AI, a Paris-based startup specializing in military command and control (C2) software, raised €32 million in Series A funding led by Blossom Capital with strategic investment from Saab, announced at Eurosatory. Its platform, Prevail, uses a “digital command staff” of specialized AI agents t...
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Hermeus Secures $350M for Hypersonic Fighter Development
A Los Angeles defense startup secured $350 million, valuing it at $1 billion, to accelerate development of a hypersonic unmanned aircraft it claims will be the world's fastest drone. The funding includes strategic debt to support manufacturing without diluting shareholder control, and follows a k...
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Defense AI startup Shield AI valued at $12.7B after Air Force deal
Shield AI's valuation surged to $12.7 billion after a $1.5 billion Series G funding round and a major U.S. Air Force contract for its Hivemind autonomy software in the Collaborative Combat Aircraft program. The new capital is funding the strategic acquisition of Achelon Technology to integrate fl...
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Europe's Largest Solo GP Fund: Air Street Capital Raises $232M
Air Street Capital's $232 million fund, Europe's largest solo GP venture fund, challenges the traditional partnership model in European VC by proving concentrated decision-making can attract significant institutional capital. The firm employs an AI-first investment thesis, focusing on early-stage...
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Valar Atomics raises $450M for AI nuclear reactor development
Surging AI energy demands are driving a historic search for new power sources, with advanced nuclear technology like Valar Atomics' small, high-temperature gas-cooled reactors emerging as a leading contender to power data centers. Valar Atomics secured $450 million in funding, valuing it at $2 bi...
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DOGE’s Ethan Shaotran Launches Defense Tech Startup
Former DOGE member Ethan Shaotran founded Blitz Industries, a defense tech startup registered on the government procurement system, positioning it to pursue federal contracts. During his government tenure, Shaotran helped set up DOGE’s operations across multiple agencies, including one action at ...
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Foundation Future Industries wins $24M Pentagon deal for robot soldiers tested in Ukraine
Foundation Future Industries secured $24 million in Pentagon research contracts to develop humanoid robots for breaching enemy positions, with Phantom MK-1 units deployed to Ukraine, but the deals face scrutiny due to Eric Trump’s role as chief strategy adviser and accusations of corruption from ...
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