In February, 10 companies announced fundraising rounds:
Rune Technologies ($6.2M) | Software to enable military logistics in contested environments — led by Andreessen Horowitz with participation from Point72 Ventures and XYZ Venture Capital as well as individual investments from several leading defense technology executives including Anduril SVP of Software Gokul Subramanian, Vannevar Labs CEO Brett Granberg, Cape CEO John Doyle, and Forterra CGO Scott Sanders, amongst others.
Sandtable (Undisclosed) | AI-powered tools for the national security apparatus — Co-led by Silent Ventures and Quiet Capital.
Saronic ($600M) | Redefining maritime superiority for the United States and its allies — Led by Elad Gil with participation from a16z, Caffeinated Capital, and 8VC, and General Catalyst.
Dream Security ($100M) | AI company providing cyber resilience for nations and critical infrastructure — Led by Bain Capital Ventures with participation from Group 11, Tru Arrow, Tau Capital and Aleph.
Onebrief ($50M) | Software for operational planning and military staff workflows — Led General Catalyst and Insight Partners with participation from Caffeinated Capital, 9Yards Capital, and Human Capital.
Hidden Level ($65M) | Advanced airspace monitoring and drone detection technology — Led by DFJ Growth with participation from Booz Allen Ventures, Revolution Growth, Costanoa Ventures, Washington Harbour Partners, Veteran Ventures, Founders Circle Capital, and others.
K2 Space ($110M) | High-powered, low-cost satellite — Co-led by Lightspeed Venture Partners and Altimeter Captial, with participation from Alpine Space Ventures, First Round Capital, and others.
Deepnight ($5.5M) | NextGen Night vision — Led by Initialized Capital, additional participants include Y Combinator, Vladlen Koltun (co-author of Learning to See in the Dark), angel investor Kulveer Taggar, Brian Shin, a former partner at In-Q-Tel, and Matthew Bellamy, lead singer of the band Muse.
Urban Sky ($30M) | Stratospheric platform company — Led by Altos Ventures, with participation from New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures (a Denver Angels Affiliate), Union Labs VC, and Techstars.
Andesite ($23M) | Delivering sustained advantage to cyber defense teams — Led by General Catalyst and Red Cell Partners.
