We tracked 38 startup funding rounds in Defence & space so far in 2026, together worth $16.97bn in disclosed funding. The median disclosed round was $79m.
The largest was Anduril's $5bn Series D+ round, led by Thrive Capital and Andreessen Horowitz, at a $61bn valuation. 19 rounds reached $100m or more and accounted for 98% of the money.
By region, North America took $12.02bn (71%).
13 companys raised at a valuation of $1bn or more: Xona, Warhound, Impulse Space, Mach Industries, Cambridge Aerospace, Hadrian and others.
The biggest rounds
- 1AndurilSeries D+ · Defence & space · Costa Mesa$5bn
- 2Shield AISeries D+ · Defence & space · San Diego$2bn
- 3HelsingSeries D+ · Defence & space · Munich$1.8bn
- 4HadrianSeries D+ · Defence & space · Torrance$1.37bn
- 5Quantum SystemsSeries D+ · Defence & space · Munich$1.2bn
- 6Stoke SpaceSeries D+ · Defence & space · Kent$1bn
- 7True AnomalySeries D+ · Defence & space · Centennial$650m
- 8Mach IndustriesSeries C · Defence & space · Huntington Beach$600m
- 9STARKGrowth · Defence & space · Berlin$570m
- 10The Exploration CompanySeries C · Defence & space · Munich$450m
Figures cover the rounds in our tracker, which records disclosed amounts converted to US dollars at announcement. See the methodology.
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