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ICYMI: Watchtower Labs Exits the Shadows with a $35M Seed

In case you missed it, there is a new player on the unsexy side of defense. Last week, a new AI-powered planning and logistics company called Watchtower Labs emerged from stealth with $35M in seed funding led by Shield Capital and Conviction, with participation from Founders Fund. The idea is to build “AI-native applications that […]

Investment

Firehawk Hits $1.4B Valuation After $150M Series D

For all those saying cheap drones have made old-school artillery obsolete on the modern battlefield, newly minted unicorn Firehawk would like a word—and has $150M to prove you wrong.  This morning, the energetics and rocket motor-maker announced that it’s raised a whopping $150M Series D led by Advent and Rochefort Asset Management at a $1.4B […]

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 […]

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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, […]