Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
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Startups | TC | Transportation
Defense startup Shield AI lands $12.7B valuation, up 140%, after US Air Force deal
In one year, Shield AI’s value has leaped 140%. This after it won a contract to be the software provider to Anduril’s Fury fighter jet for the U.S. Air Force.
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Hermeus raises $350M to build unmanned hypersonic fighters
The defense aviation startup is coming off two successful flight demonstrations, and with the next one, it’s aiming to go supersonic.
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This founder helped build SpaceX’s most powerful rocket engine. Now he’s building a ‘fighter jet for orbit.’
The company’s novel rocket engine could be a game changer for the U.S. military.
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Colby Adcock’s Scout AI raises $100M to train its models for war: We visited its bootcamp
We visited Scout AI’s training ground where it’s working on AI agents that can help individual soldiers control fleets of autonomous vehicles.
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Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation
Five-year old European military drone startup Helsing is close to raising another monster round.
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Anduril raises $5B, doubles valuation to $61B
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.
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Mach Industries just spent $50M to solve a major defense tech problem
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale.
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Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicles in development and completed a major acquisition.
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Ethan Thornton is trying to do everything all at once
Mach’s approach differs sharply from some of its peers.
