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Investment

Re:Build Raises $2.1B for New-Age Manufacturing

You know what’s cool? Raising a couple hundo-mil round. You know what’s insane? Raising a single round the size of the GDP of a small island nation. Yesterday, new-age manufacturing company Re:Build announced that it’s raised $2.1B in funding led by General Catalyst and JPMorganChase’s Strategic Investment Group to “expand [its] capacity to manufacture hard […]

PentagonTech

Nominal Secures $71M to Expand Across Collaborative Combat Aircraft Testing

The data nerds over at Nominal are (still) on a bit of a heater, this time with one of the Air Force’s most ambitious programs. The testing startup announced yesterday that it’s been selected for a $71.2M AFWERX Strategic Funding Increase (STRATFI)—split between $30M of Nominal’s own cash and $41.2M of government funding—to expand its […]

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Q + A

A Q&A with Alex Fink, US CEO of Swarmer

In case you missed it, the infamous Erik Prince and Swarmer’s US CEO Alex Fink are betting on “air defense as a service”—and now they’re putting numbers behind their pitch.  This week—just a month after launch—Vectus Air Defense Systems (not to be confused with Prince’s Vectus Global private military and security company) announced plans to […]

Q + A

A Q + A with Matt Cronin, Senior National Security Advisor at a16z

If there is one VC fund you know in the defense tech world, it’s probably Andreesen Horowitz—or a16z, as the cool kids say. The firm—which just raised a casual $15B, including $1.176B for its “national interest” (defense and deep tech) focused American Dynamism fund—has backed some of the biggest names in the game, including Anduril, […]