Defense tech, space and government-technology startups. In the last 12 months Value Add VC tracked 44 venture rounds in Defense & Space totaling $32.2B across 34 companies, with a median round of $250M. The last three months saw 29 rounds and $19.8B, ahead of the 12-month pace.
| Rounds tracked | Last 3 months | Last 6 months | Last 12 months |
|---|---|---|---|
| Rounds | 29 | 39 | 44 |
| Dollars | $19.8B | $30.4B | $32.2B |
| Companies | 27 | 33 | 34 |
| Median round | $160M | $250M | $250M |
Rounds tracked by Value Add VC from filings, wire releases and news outlets, not a total for the whole market. Private companies only.
| Date | Company | Stage | Amount | Led by |
|---|---|---|---|---|
| Jul 9, 2026 | Blue Origin | First outside round | ~$10B | Coatue Management |
| May 13, 2026 | Anduril Industries | Series H | $5B | — |
| Jul 13, 2026 | Helsing | Series E | $1.8B | Thrive Capital |
| Jun 22, 2026 | Saronic | Series D | $1.75B | — |
| Mar 26, 2026 | Shield AI | Series G | $1.5B | Advent International |
| Aug 6, 2026 | Hadrian | Series D | $1.37B | Baillie Gifford, JPMorganChase Strategic Investment Group |
| Mar 27, 2026 | Saronic | — | $1.02B | — |
| Aug 19, 2026 | Castelion | Series C | $1B ($800M equity + $250M revolving credit facility) | Andreessen Horowitz, Carlyle Group |
| Sep 8, 2026 | Stoke Space | Series E | $1B | Point72 Ventures, Spark Capital |
| Feb 10, 2026 | Stoke Space | Series D | $860M | — |
| Date | Company | Stage | Amount | Led by |
|---|---|---|---|---|
| Sep 21, 2026 | HEO | Series B | $25M | — |
| Sep 19, 2026 | Tectonic Defense | Seed | $41M | Eclipse Ventures |
| Sep 18, 2026 | Gravitics | — | $28.6M | — |
| Sep 16, 2026 | Impulse Space | Series D | $308M | — |
| Sep 10, 2026 | Mach Industries | Series C | $600M | — |
| Sep 10, 2026 | Mach Industries | Series C Extension | $600M | Sequoia Capital, Ribbit Capital |
| Sep 8, 2026 | Poseidon Aerospace | Series A | $60M | TQ Ventures |
| Sep 8, 2026 | Stoke Space | Series E | $1B | Point72 Ventures, Spark Capital |
| Sep 8, 2026 | The Exploration Company | Series C | $450M | Atomico, Bessemer Venture Partners |
| Sep 7, 2026 | Pixxel | Series C | $100M | — |
| Aug 27, 2026 | CivilGrid | Series A | $26M | — |
| Aug 21, 2026 | Letara | — | $16M | — |