Cap tables
Defense tech cap table tracker
160 defense tech companies with a round-by-round cap table: investors per round, amounts raised, and ownership where it was publicly disclosed. Each figure carries its source and a Verified, Reported, or Estimated label.
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AalyriaSeries B · $135MAdargaSeries B · £40MAeroVironmentPublic · Public (NASDAQ: AVAV)Agile Space IndustriesSeries A · $40.6M+AlbedoSeries B · $197MAmcaSeries B · $376.5MAmentumPublic · Public (NYSE: AMTM)AndrenaMSeed · $10MAnduril IndustriesLate stage / pre-IPO · $11.4BAnello PhotonicsSeries B · $25M Series B-2 (May 2026)Apex TechnologyGrowth · >$718MApplied IntuitionSeries F · $1.2BArcee AISeries A · $29.5M+ArmadaSeries B · $469MARX RoboticsSeries A · $64MAstroscaleSeries G · $380M+AuterionSeries B · $165MAxiom SpaceGrowth · $1.47BBlackSkyPublic (NYSE: BKSY) · $160M (debt 2025)Blue OriginPrivate · $10B raised at a $130B valuation (2026); Bezos remains the largest single backer alongside Coatue Management and other institutional investorsBooz Allen HamiltonPublic · PublicCambridge AerospaceGrowth · $136M (3 rounds through 2025)Capella SpaceAcquired by IonQ (2025) · $250MCastelionSeries B · $464MChaos IndustriesSeries D · $1B+Comand AISeries A · ~€44M (€3M pre-seed 2023 + €8.5M seed Dec 2024 + €32M Series A Jun 2026)D-Fend SolutionsSeries C · $67MD-OrbitSeries D · $220M+ in primary capital since 2024 (not counting a further $75M secondary sale)Defense UnicornsSeries B · $172M (3 rounds, incl. $136M Series B)DestinusSeries B · ~€400MDistance TechnologiesSeed · $13.9MDominion DynamicsSeries A · C$169M (~$122M)DreamSeries C · ~$415M (reconciled across four rounds; Series C amount not independently re-verified)Duality TechnologiesSeries B · ~$50MEchodyneSeries C · $224MElbit SystemsPublic · PublicElroy AirSeries A · $40M+ Series A (2021) plus additional raisesEpirusSeries D · $550MEpiSciAcquired by Applied Intuition (2025) · $45MExeinSeries C · ~€200M+ lifetime (€170M raised in 2025 alone)Farsight VisionSeed · €7.2M (~$8.6M)Fire Point · Firestorm LabsSeries B · $153MFlock SafetySeries E · >$950MForterraSeries C · $541MFractileSeries B · ~$258MGecko RoboticsSeries D · ~$347-354MGeneral DynamicsPublic · Public (NYSE: GD)Grist Mill ExchangeUndisclosed · $5MHadrianSeries C · $1.87B (through the Aug 2026 Series D)Harmattan AISeries B · $242MHavocAISeries A · $285MHawkEye 360Public (NYSE: HAWK) · $590MHelsingSeries E · €1.37B + $1.8B Series EHENSOLDTPublic · PublicHermeusSeries C · $500M+HydrosatSeries B · $80MHypersonicaSeries A · €23.3M Series AICEYESeries F · €1B+Impulse SpaceSeries D · >$1BIQM Quantum ComputersPublic · ~$600M raised pre-IPO (through Sept 2025 Series B); completed SPAC merger with Real Asset Acquisition Corp. in June 2026, including a $134M PIPE, at a ~$1.8B pre-money valuation, and began trading on Nasdaq as IQMXIsar AerospaceSeries D · €800M+ (as of June 2026 Series D)IsembardSeries A · $59M ($9M seed + $50M Series A)Istari DigitalSeed · $40.1MJoby AviationPublic (NYSE: JOBY) · ~$4.7B+ lifetime (SPAC + post-merger raises)Kayhan SpaceSeed · $12MKela TechnologiesSeries C · ~$299M (seed $11M + $28M + $60M + $200M Series C, reportedly closed; ~$1.2B valuation)KelluuSeries A · €19M (€15M Series A, April 2026, plus earlier rounds); listicle's $3M figure not corroboratedKRAKEN Technology GroupSeries B · $175M Series B (July 2026)Kratos Defense & Security SolutionsPublic · Public (NASDAQ: KTOS)Kry10Seed · $6MKymetaSeries C · $437ML3Harris TechnologiesPublic · PublicLaki Power · $3M (Eyrir Vöxtur-led round, Aug 2023); earlier undisclosed-amount rounds led by Brunnur Ventures (2019, Nov 2020)LeidosPublic · Public (NYSE: LDOS)LeonardoPublic · PublicLockheed MartinPublic · PublicLoft OrbitalSeries C · $330MMach IndustriesSeries C · $485MMachina LabsSeries C · ~$156-172MMBDAPublic · PublicMerlin LabsGoing public via SPAC · $134MMobix LabsPublic · ~$25.5M identified in SEC filingsNerosSeries B · $120MNominalSeries B · $182M+ (as of March 2026 extension; listicle's $102M matches the pre-extension Seed+A+B total)Nordic Air DefencePre-Seed · ~$4.3MNorthrop GrummanPublic · Public (NYSE: NOC)Numerica CorporationPrivate · BootstrappedObservable SpaceSeries A · ~$101MOcean Aero · $60.2MOnebriefSeries D · $323M (seed through Series D)OnodrimSeed · €40MOrbital InsightAcquired by Privateer (2024) · $130MOrqaSeries A · €20.41M (~$22M)OsavulSeed · ~$4MOverland AISeries A · $142MPalantir TechnologiesPublic (NYSE: PLTR) · Public companyPerformance Drone WorksSeries B · >$110M (Series B, March 2026)Perseus DefenseSeed · $6.0MPersistent Systems, LLCPrivate · UndisclosedPhasecraftSeries B · $50M+ (per company, as of Sept 2025 Series B)PhysicsXSeries C · $300M Series C (June 2026); ~$170M cumulative through Series B per company (June 2025)PivotalPrivate · $1.2MPlanet LabsPublic (NYSE: PL) · $602M (pre-IPO)Polar MistSeed · Post-QuantumSeries A · $11.2M (£800K seed + £8M/$10.3M Series A)PrimerSeries C · $237M (6 rounds, incl. $110M Series C, June 2021)QuantinuumPublic · $1.7B+ pre-IPO (2024-2025 rounds); IPO'd 2026 at $17.6B valuationQuantum SystemsSeries D · $17.5M Series A (2022) + €63.6M Series B (2023) + €160M Series C (May 2025) + €180M Series C extension (Nov 2025) + $1.2B Series D (July 2026)Radiant IndustriesSeries D · ~$518.8MReality DefenderSeries A · $33M (Series A, expanded Oct 2024) plus an undisclosed April 2025 strategic investment from BNY, Samsung Next, and Fusion FundRebellion DefenseSeries B · $150MRed Queen BioSeed · $15MRedwire CorporationPublic (NYSE: RDW) · Public companyRelativity SpaceSeries E · ~$1.34B (through the 2021 Series E; excludes a 2025 Eric Schmidt strategic investment of undisclosed additional value)Reliable RoboticsPrivate · $500M+RheinmetallPublic · PublicRocket LabPublic (Nasdaq: RKLB) · $1.2B (pre-IPO)RTXPublic · PublicRune TechnologiesSeries A · $30.2M disclosed ($6.2M seed Feb 2025 + $24M Series A Jul 2025), plus an undisclosed In-Q-Tel strategic investmentSaildroneSeries C · $345MSaronic TechnologiesSeries D · $2.6BScout AISeries A · $115M ($15M seed Jan 2025 + $100M Series A Apr 2026)Shield AISeries F · $3.5BShift5Series C · $185MSierra Nevada CorporationPrivate · Private (family-owned)Sierra SpaceSeries C · $2.5BSitehopSeed · £13.5M (£5M Feb 2024 + £7.5M Oct 2025)SkydioSeries F · ~$850MSkyroot AerospaceGrowth · ~$160MSlingshot AerospaceSeries A · $120MSolideonPre-Seed · $5M+ (oversubscribed pre-seed, closed Jul 2024)Space ForgeSeries A · $30MSpaceXPublic (Nasdaq: SPCX) · Public companySpire GlobalPublic (NYSE: SPIR) · $812MST EngineeringPublic · PublicStanhope AISeed · £2.3M seed (Mar 2024) + $8M seed (Feb 2026)Starfighters SpacePublic · $40M (Reg A IPO, Dec 2025) + $17.5M (strategic equity, May 2026)Stark DefenceSeries C · €660M+Stoke SpaceSeries E · ~$2.3BStridarPre-Seed · $518,500Strider TechnologiesSeries C · $112MSwarmerPublic · $17.7M (pre-IPO)Systems Planning & AnalysisPrivate · PrivateTextronPublic · Public (NYSE: TXT)ThalesPublic · PublicTrue AnomalySeries C · $1BUforceGrowth · $50MUmbraSeries B · >$100MUnited Launch AllianceActive · Active (Lockheed/Boeing JV)Uplift360Seed · €7.4MUrsa Major TechnologiesSeries E · $497M-$544M (aggregators disagree)ValarianSeries A · $70MValinor EnterprisesSeries A · $85MVannevar LabsSeries B · $91MVarda Space IndustriesSeries C · $329M (Seed $9M 2020, Series A $42M 2021, Series B $90M 2024, Series C $187M 2025)Vatn SystemsSeries A · $76.5MVenus AerospaceSeries B · $114M (announced equity: $3M seed + $20M Series A + $91M Series B)X-Bow SystemsSeries B · $70M+Xona Space SystemsSeries C · $320M