Less than six months after lifting $ 145 million in series BTechnological startup of defense and critical infrastructure Chaos Industries Closed the C series price $ 275 million apparently He values the company for $ 2 billion.
The recent round was run by Accel AND New Associates Enterprisewith the participation of Stepstone groupIN Excessive projectsIN Tru Arrow Partners AND Valor Equity Partners.
The startup from Los Angeles specializes in advanced solutions in the field of detection, monitoring and communication for defense and industrial sectors. The company’s Vanquish radar provides early warning and tracking options for unmanned aerial vehicles, missiles and aircraft.
“Chaos Industries provides transformation solutions that refer to critical defense goals,” said the founder and interacts CEO John Tenet in a statement. “The future of our national security depends on our access to advanced defense technologies and our readiness to invest in their development. The last round of financing shows the involvement of our company in this mission.”
Established in 2022, Chaos collected $ 490 million by company.
More money
Chaos was not the only startup of the defense technology that creates messages as the week ended.
Mach Industries, which develops vertical vehicles and weapons, which are on the verge of space, is near blocking a round round of $ 100 million run by a recent investor Khosla Ventures and an existing investor The capital of BedrockIN (*2*)for technology.
Financing for startups supported by VC in defense – defined here as military industries, national security and law enforcement agencies – last yr they reached $ 3 billion in 102 transactions, at Crunchbase data. This is only 11% increase from 2023, which was recorded $ 2.7 billion in 100 announced rounds.
This yr he saw one other significant tumor.