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Defense Tech Startup Chaos Industries Hits $2B Valuation

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鈥檚 Vanquish radar provides early warning and tracking capabilities against unmanned aerial systems, missiles and aircraft.

鈥淐HAOS Industries is delivering transformative solutions that address critical defense objectives,鈥 said founder and co-CEO in a statement. 鈥淭he 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鈥檚 commitment to this mission.鈥

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.聽

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 鈥 defined here as the industries of military, national security and law enforcement 鈥 hit $3 billion in 102 deals last year, per 附近上门 . That鈥檚 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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