Fundraising Dispatch: June 2025

The Pitch: Building a distributed sensor network that provides persistent autonomous awareness at the surface and subsurface — and even the seabed.

Round: $10 million Seed

Investors: Led by First Round Capital with participation from Also Capital, Long Journey, 201, Banter, Homebrew, Wavefunction, and the Colorado School of Mines Venture Fund

The Pitch: The company redefining classified workspaces through its Classified-Infrastructure-as-a-Service (CIaaS) model.

Round: $25 million Series A

Investors: Led by Zigg Capital with participation from Upper90, SAIC, and Lockheed Martin.

The Pitch: Nominal provides the tools and infrastructure Engineers need to deliver mission-critical capabilities at scale in the shortest time possible.

Round: $75 million Series B

Investors: Led by Sequoia Capital with participation from Lightspeed Venture Partners, Lux Capital, General Catalyst, and Founders Fun

The Pitch: In-space mobility.

Round: $300 million Series C

Investors: Led by Linse Capital with participation from DFJ Growth, Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, DCVC, Airbus Ventures, Spring Tide, First Principles Group, Balerion Space Ventures, and Trousdale Ventures

The Pitch: Shaping the future of defense.

Round: $2.5 billion Series G

Investors: Led by Founders Fund

The Pitch: The AI and robotics company developing the platform for building, operating and modernizing the world’s most critical infrastructure.

Round: Undisclosed Series D

Investors: Led by Cox Enterprises with participation from USIT, XN, Founders Fund, and YCombinator

The Pitch: The leading vehicle intelligence company for automotive, trucking, construction, mining, agriculture and defense.

Round: $600 million Series F

Investors: Co-led by BlackRock-managed funds and accounts and Kleiner Perkins with participation from Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate, 137 Ventures, Fidelity Management & Research Company, General Catalyst, Lux, BOND, Elad Gil, Addition, and Tribe Capital

The Pitch: A new industrial base for the unmanned era of American defense.

Round: $100 million Series B

Investors: Co-led by Khosla Ventures and Bedrock with participation from Sequoia Capital

The Pitch: The leading European defence technology company.

Round: $693 million Series D (subject to approval)

Investors: Led by Prima Materia with participation from Lightspeed Ventures, Accel, Plural, General Catalyst, SAAB, and BDT & MSD Partners

The Pitch: Transforming aerospace wire harness manufacturing through advanced automation and proprietary software solutions.

Round: $25 million Series A

Investors: Co-led by Dylan Field and CIV with participation from General Catalyst, Sequoia, Founders Fund, a16z, 8VC, and Pax

The Pitch: Transforming how companies, investors, and government leaders make more informed decisions across the defense sector.

Round: $7.1 million Seed

Investors: Led by Shield Capital, with participation from Motivate Venture Capital, A*, New Vista Capital, Aloft Venture Capital, and Underdog Labs

The Pitch: Launching the next-generation of location infrastructure.

Round: $72 million Series B

Investors: Led by Craft Ventures, with participation from Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital

The Pitch: Developing bio-robotic systems based on fully controllable living insects for mission-critical operations

Round: $11.6 million Seed

Investors: Vertex Ventures US, Possible Ventures, and Capnamic.

The Pitch: Software for military staff collaboration and operational planning

Round: $20 million Extension

Investors: Led by Battery Ventures

The Pitch: To scale atom-based quantum solutions for national security and next generation intelligent systems

Round: $100 million Series C

Investors: Glynn Capital, Counterpoint Global (Morgan Stanley), S32, SAIC and others.