Defense & Space startup funding

Defense tech, space and government-technology startups. In the last 12 months Value Add VC tracked 55 venture rounds in Defense & Space totaling $32.5B across 44 companies, with a median round of $185M. The last three months saw 33 rounds and $9.9B, ahead of the 12-month pace.

Rounds trackedLast 3 monthsLast 6 monthsLast 12 months
Rounds334555
Dollars$9.9B$26.7B$32.5B
Companies324144
Median round$130M$100M$185M

Rounds tracked by Value Add VC from filings, wire releases and news outlets, not a total for the whole market. Private companies only.

Largest Defense & Space rounds, last 12 months

DateCompanyStageAmountLed by
Jul 9, 2026Blue OriginFirst outside round~$10BCoatue Management
May 13, 2026Anduril IndustriesSeries H$5BThrive Capital, Andreessen Horowitz
Jul 13, 2026HelsingSeries E$1.8BThrive Capital
Mar 27, 2026SaronicSeries D$1.75B—
Mar 26, 2026Shield AISeries G$1.5BAdvent International
Aug 6, 2026HadrianSeries D$1.37BWashington Harbour Partners, Valor Equity Partners, 137 Ventures
Sep 8, 2026Stoke SpaceSeries E$1BPoint72 Ventures, Spark Capital
Feb 10, 2026Stoke SpaceSeries D$860M—
Aug 19, 2026CastelionSeries C$800MJPMorganChase Strategic Investment Group, Andreessen Horowitz, Carlyle Group
Sep 10, 2026Mach IndustriesSeries C Extension$600MSequoia Capital, Ribbit Capital

Most active Defense & Space investors

Latest Defense & Space rounds

DateCompanyStageAmountLed by
Oct 9, 2026Kapta SpaceSeries A$24MWashington Harbour Partners
Oct 9, 2026Xona Space Systems—$300M+—
Oct 8, 2026Gallatin AISeries A$50M8VC, Silent Ventures
Oct 6, 2026FurientisSeed$25MBenchmark
Oct 6, 2026Hadrian—$40MForgepoint Capital
Sep 28, 2026QuartermasterSeries B$100MInsight Partners, Overmatch Ventures
Sep 23, 2026Hubble NetworkSeries C$200MSmith Point Capital
Sep 23, 2026TekeverSeries D$580MUC Investments, Baillie Gifford
Sep 21, 2026HEOSeries B$25MBeaten Zone Venture Partners
Sep 16, 2026Impulse SpaceSeries D$308M—
Sep 10, 2026Mach IndustriesSeries C Extension$600MSequoia Capital, Ribbit Capital
Sep 8, 2026Poseidon AerospaceSeries A$60MTQ Ventures

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