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Protego Ventures closes debut $125 million fund for Israeli defense tech

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Protego Ventures, the first and largest dedicated defense tech VC in Israel, just completed its final $125 million closing, TechCrunch learned exclusively.

Protego Ventures closes debut $125 million fund for Israeli defense tech Read More »

Castelion hits $13B valuation to mass-produce hypersonic missiles

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The $1 billion Series C was co-led by Andreessen Horowitz, Carlyle, and JP Morgan Chase.

Castelion hits $13B valuation to mass-produce hypersonic missiles Read More »

Terra Industries closes $52M seed round to build defense infrastructure for the Global South

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African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.

Terra Industries closes $52M seed round to build defense infrastructure for the Global South Read More »

Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark

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Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.

Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark Read More »

Ethan Thornton is trying to do everything all at once

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Mach’s approach differs sharply from some of its peers.

Ethan Thornton is trying to do everything all at once Read More »

Defense tech is flooded with money, but who’s built to last?

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Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]

Defense tech is flooded with money, but who’s built to last? Read More »

Mach Industries just spent $50M to solve a major defense tech problem

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Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale.

Mach Industries just spent $50M to solve a major defense tech problem Read More »

Anduril raises $5B, doubles valuation to $61B

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After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.

Anduril raises $5B, doubles valuation to $61B Read More »

African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month

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Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.

African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month Read More »

Harmattan AI raises $200M Series B led by Dassault Aviation, becomes defense unicorn

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French defense tech company Harmattan AI is now valued at $1.4 billion after raising a $200 million Series B round led by Dassault Aviation, which is best known for making the Rafale fighter jet.

Harmattan AI raises $200M Series B led by Dassault Aviation, becomes defense unicorn Read More »