CastelionThe defense manufacturer developing long -range hypersonic weapons, collected a series A in the amount of $ 100 million in a combination of debt and equity.
The startup of El Segundo in California creates something that it calls “an inexpensive, mass -produced hypersonic weapon of long -range impacts”, which function “non -dodge deterrent”.
Series A – which covers $ 30 million of the project’s debt from the undertaking Silicon Valley Bank – was run by LightSpeed Partners with the participation of Andreessen HorowitzIN Lavrock VenturesIN SongsIN First in the projectsIN Blueyard Capital AND Interlagos.
The contract is the latest in the A16Z defense technology sector. Last 12 months, the company led the B series in the amount of $ 175 million for autonomous producers of surface vessels Saronic with a valuation of $ 1 billion. The company is also an investor of the technological defense giant Anduril Industries.
Defensive Tech has gained the fundamental headlines in the last few months after huge increases resembling Anduril and Developer Software Software Software Helsing.
Just (*100*) the end of last 12 months, the start -up in the field of defense and critical infrastructure technology Chaos Industries He collected $ 145 million in the B series.
This 12 months, Firehawk Aerospace collected the C and $ 60 million series One temporary Closed the B. series. 50 million dollars