2026-09-10
$854M of new funding is targeting defence and national security
4 funded companies building into defence and national security. The work in scope is what the Head of Defence Programs owns today.
The funding
Mach Industries is building faster, smarter defense infrastructure for the modern era.
Mach Industries raises $600M, doubling valuation to $3.7B in three months →Covenant is a global defense company building long-range precision strike weapons for the United States and its allies.
Secretive defense startup Covenant emerges from stealth with $250 million at over $1 billion valuation →Revolutionizing multi-physics simulations with quantum-powered software. Faster, more accurate modeling for semiconductors, defense, finance, energy & more.
ColibriTD Raises €4 Million Seed Round Led By Earlybird Venture Capital →Alex Murdaugh Retrial Gets New Venue After Defense Raises Jury Bias Concerns
Alex Murdaugh Retrial Gets New Venue After Defense Raises Jury Bias Concerns →What it means
Capital arriving in a function is a reliable leading indicator. It does not mean the incumbents are wrong, and it does not mean these companies will succeed. It means that within the next few quarters the people who run this work will be asked what their function is doing about it, and the honest answer has to start with where that function actually stands.
So we built the assessment for it. Not a purchase decision, a structured set of questions to take to your own team.