Defence startup funding
124 funding rounds for Defence startups were tracked in the last 24 months, raising about €5.4B in total. The largest was Saronic at €1.5B. Data to 2026-10-12.
124Rounds
€5.4BRaised
See these rounds on the map or search the full table.
Stages
Top countries
Largest rounds
| Company | Amount | Stage | Date | Source |
|---|---|---|---|---|
| Saronic · United States | €1.5B | Series D+ | 2026-03-01 | link |
| Castelion · United States | €688M | Series C | 2026-08-21 | link |
| Mach Industries · United States | €516M | Series C | 2026-09-10 | link |
| Stark · Germany | €500M | Series D+ | 2026-06-23 | link |
| Cambridge Aerospace · UK | €260M | Series C | 2026-08-10 | link |
| Neros Technologies · United States | €215M | Series C | 2026-08-14 | link |
| Harmattan AI · France | €171M | Other | 2026-01-12 | link |
| Kraken Technology · UK | €153M | Series B | 2026-07-09 | link |
| Cathedral · United States | €138M | Series D+ | 2026-07-24 | link |
| Dominion Dynamics · Canada | €86.0M | Series A | 2026-06-30 | link |
Most active investors
- Lakestar · 7 rounds
- Sequoia Capital · 5 rounds
- Freedom Fund · 4 rounds
- MITS Capital · 4 rounds
- Angel One Fund · 4 rounds
Latest rounds
| Date | Company | Amount | Stage | Source |
|---|---|---|---|---|
| 2026-10-12 | Monopulse · Lithuania | €2.0M | Seed | link |
| 2026-10-09 | Kapta Space · United States | €20.6M | Series A | link |
| 2026-10-08 | Fortastra · United States | €25.8M | Series A | link |
| 2026-10-08 | Gallatin AI · United States | €43.0M | Series A | link |
| 2026-10-06 | Furientis · United States | €21.5M | Seed | link |
| 2026-10-06 | CyberWorks Robotics · Canada | €620K | Grant | link |
| 2026-10-05 | ARX Robotics · Germany | €42.0M | Series A | link |
| 2026-10-05 | SPREAD AI · Germany | €25.0M | Growth/Late | link |
| 2026-10-05 | Buntar Aerospace · Ukraine | €14.3M | Series B | link |
| 2026-10-01 | H2 Analytics · Canada | €496K | Grant | link |
| 2026-10-01 | Digitron · South Korea | €620K | Pre-Seed | link |
| 2026-09-30 | Occam · UK | €3.8M | Early VC | link |
| 2026-09-30 | M-FLY · Ukraine | n/d | Other | link |
| 2026-09-29 | DoD Solution · Ukraine | €1.8M | Pre-Seed | link |
| 2026-09-28 | Amprius Technologies · United States | €64.5M | Grant | link |
| 2026-09-21 | Kraken Technology Group · UK | €153 | Series B | link |
| 2026-09-19 | Beijan · India | €134K | Other | link |
| 2026-09-10 | Mach Industries · United States | €516M | Series C | link |
| 2026-09-08 | Ground A · Germany | €9.1M | Pre-Seed | link |
| 2026-09-04 | Creoir · Finland | n/d | Seed | link |
| 2026-09-04 | Skylance · Germany | €1.0M | Other | link |
| 2026-09-03 | Hadrian · United States | n/d | Series D+ | link |
| 2026-09-01 | INLEAP Photonics · Germany | €20.0M | Seed | link |
| 2026-08-21 | Castelion · United States | €688M | Series C | link |
| 2026-08-20 | Seitec · Australia | €2.2M | Other | link |
Frequently asked questions
- How much funding did Defence startups raise in the last 24 months?
- Across 124 tracked rounds, Defence startups raised about €5.4B in total (amounts normalised to EUR). Data runs to 2026-10-12.
- What was the largest funding round for Defence startups?
- Saronic raised €1.5B (Series D+) on 2026-03-01, based in United States.
- Which investors are most active in Defence startups?
- By number of tracked rounds: Lakestar (7), Sequoia Capital (5), Freedom Fund (4), MITS Capital (4), Angel One Fund (4). Investor names are only available for rounds where the source disclosed them.
- Which countries have the most Defence funding rounds?
- Germany (21), Ukraine (19), UK (19), United States (14), by number of rounds.
- Where does this data come from?
- Rounds come from the Tech.eu Funding Explorer (Europe, CC BY 4.0), startup news feeds read by an AI model, and SEC EDGAR Form D filings in the US. Europe has the deepest coverage, so totals for other regions are likely understated. Check the linked source before relying on any figure.