Less than six months after raising a $145 million in a Series B, defense and critical infrastructure tech startup locked up a $275 million Series C that values the company at $2 billion.
The new round was led by and , with participation from , , and .
The Los Angeles-based startup specializes in advanced detection, monitoring and communication solutions for the defense and commercial sectors. The company���s Vanquish radar provides early warning and tracking capabilities against unmanned aerial systems, missiles and aircraft.
���CHAOS Industries is delivering transformative solutions that address critical defense objectives,��� said founder and co-CEO in a statement. ���The future of our national security hinges upon our access to advanced defense technologies and our willingness to invest in their development. The latest funding round demonstrates our company���s commitment to this mission.���
Founded in 2022, Chaos has raised $490 million, per the company.
Bigger money
Chaos was not the only defense tech startup to make news as the week ended.��
Mach Industries, which develops vertical liftoff vehicles and weapons that sit at the edge of space, is close to locking up a $100 million round co-led by new investor and existing investor , .
Funding to VC-backed startups in defense ��� defined here as the industries of military, national security and law enforcement ��� hit $3 billion in 102 deals last year, per 蹤獲弝け . That���s only an 11% uptick from 2023, which saw $2.7 billion raised in 100 announced rounds.
This year could see another significant bump.
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- Chaos Industries Locks Up $145M Series B As Defense Tech Continues To Heat Up
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- Chaos Industries Locks Up $145M Series B As Defense Tech Continues To Heat Up
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