defense tech
Defense startup True Anomaly lays off around 25%, cancels summer internship
Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned.
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VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril
Last night, for an evening hosted by StrictlyVC, this editor sat down with Trae Stephens, a former government intelligence analyst turned early Palantir employee turned investor at Founders Fund, where Stephens has co-founded two companies of his own. One of these is Anduril, the buzzy defense tech company that is now valued at $8.4 billion…
Shield AI expands massive Series F with another $300M in equity, debt, scaling valuation to $2.8B
Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively…
5 investors have high hopes for defense tech amid growing venture interest
It is likely not an overstatement to say that the relationship between U.S. defense and Silicon Valley is undergoing its most profound transformation since the 1950s.
Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions.
It is too early to tell how long the Israel-Hamas war may last, but it is likely to make democracies’ need for defense tech even clearer.
Anduril is symbolic of a trend in which defense tech and venture capital dollars are no longer antithetic.
Defense AI startup Helsing breaks the record for European AI, raising a $223M Series B
Helsing, a “Defense AI” startup backed by Spotify founder Daniel Ek which had previously raised €102.5 million, has today pulled in another €209 million ($223 million) in a Series B…
NATO announces $1B fund to back startups supporting ‘safety, freedom and human empowerment’
After announcing plans nearly two years ago, defense alliance NATO has officially closed its first fund to back startups that are building technology strategic to NATO’s own goals in defense…
HawkEye 360’s new funding reflects ongoing investor appetite for defense-focused tech
Virginia-based HawkEye 360 has closed $58 million in new funding, the latest sign that investor appetite for defense-heavy startups is nowhere close to slowing down. HawkEye operates a constellation of…
Anduril’s teeing up to take larger defense market share with latest acquisition
Defense technology company Anduril Industries has acquired Adranos, a startup that manufactures solid rocket motors for in-space and terrestrial applications. The two companies did not disclose the terms of the…
Startups should absolutely work with governments to support defense projects
Startups and active investors are uniquely positioned to support the defense efforts of the West and the mission to keep our societies safe.
Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech
Defense technology continues to get a lot of attention from investors, and today, one of the bigger startups in the space is announcing more funding. Shield AI — which develops…
With more cash and a launch, Vannevar Labs is reconnecting Silicon Valley to its defense industry roots
Silicon Valley was once one of the most productive regions in the country for the defense industry, churning out chips and technologies that helped the United States overtake the Soviet…
DARPA design shifts round wheels to triangular tracks in a moving vehicle
As part of its Ground X-Vehicle Technologies program, DARPA is showcasing some new defense vehicle tech that’s as futuristic as it is practical. One of the innovations, a reconfigurable wheel-track,…
QinetiQ has developed a mousepad that tracks movements sans mouse. The pad interprets hand motions through a system of infrared sensors. It can also recognize gestures in order to enact…