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VCbacked

Defense 1000 Index

Q1 2026 Edition

Comprehensive defense technology funding data and venture capital rankings for the 1,000 most-funded defense companies. $46.3B in total VC investment tracked across 51 countries.

Last updated February 8, 2026

Key Findings

Total Funding

$46.3B

Median Funding

$6.6M

Public Companies

0

Top Location

United States

Top Industry

Software

Avg Founded

2011

Defense Funding Analysis

Funding by Industry

Total venture funding by primary industry classification, top 10

Geographic Distribution

Number of Defense 1000 companies by headquarters country

Funding Stage Breakdown

Distribution of companies by current funding stage

IPO Status

Public vs. private breakdown across the Defense 1000

By industry, Artificial Intelligence (AI) leads defense funding with $19.0B, followed by Aerospace ($16.2B).

Geographically, United States hosts the most Defense 1000 companies (696), with United Kingdom (49) and Israel (46) rounding out the top three. 0 of the 1,000 companies are publicly traded, while 1000 remain private.

The Defense 1000 ranks the world’s top venture-capital-funded defense technology companies by total cumulative funding raised, tracking 1,000 companies across 51 countries with a combined $46.3B in investment. The top 50 are shown in full—sign up for free to access the complete database and export data.

Full Rankings

Ranked by total funding raised. Click column headers to sort.

#
Company
IndustriesHQ Location
Total Funding
Stage
IPO
Founded
Last Round
Last Amt
1
Anduril Industries
AerospaceArtificial Intelligence (AI)+3
Costa Mesa, California$6.3B—Private2017Grant$150K
2
Lacework
Cloud SecurityCompliance+3
Mountain View, California$1.9BM&APrivate2015Venture - Series Unknown—
3
Helsing
Artificial Intelligence (AI)Drones+3
Munich, Germany$1.5BLate Stage VenturePrivate2021Series D$688.9M
4
Applied Intuition
Artificial Intelligence (AI)Autonomous Vehicles+3
Mountain View, California$1.5BLate Stage VenturePrivate2017Series F$600.0M
5
Chaos
AerospaceGovernment+2
Los Angeles, California$1.0BLate Stage VenturePrivate2022Series D$510.0M
6
Saronic
Artificial Intelligence (AI)Manufacturing+3
Austin, Texas$845.5MLate Stage VenturePrivate2022Series C$600.0M
7
Divergent
3D PrintingAerospace+6
Torrance, California$1.1BLate Stage VenturePrivate2013Series E$250.0M
8
Equity Invest
Food and BeverageHealth Care+6
Zürich, Switzerland$824.1MPrivate EquityPrivate2019Private Equity$815.2M
9
Sysdig
Cloud ComputingCloud Security+4
San Francisco, California$729.5MLate Stage VenturePrivate2013Series G$350.0M
10
BlueHalo
AerospaceArtificial Intelligence (AI)+3
Arlington, Virginia$723.2MM&APrivate2019Private Equity$723.2M
11
Forterra
Artificial Intelligence (AI)Automotive+5
Clarksburg, Maryland$649.3MLate Stage VenturePrivate2002Series C$188.0M
12
VulcanForms
IndustrialInfrastructure+3
Devens, Massachusetts$575.0MLate Stage VenturePrivate2015Series D$220.0M
13
Quantum Systems
AerospaceArtificial Intelligence (AI)+4
Gilching, Germany$597.6M—Private2015Venture - Series Unknown—
14
Epirus
AerospaceEnergy Management+3
Torrance, California$537.6M—Private2018Corporate Round—
15
HawkEye 360
AerospaceAnalytics+4
Herndon, Virginia$562.3MLate Stage VenturePrivate2015Series E$150.0M
16
Castelion
AerospaceGovernment+3
Torrance, California$469.6MEarly Stage VenturePrivate2022Series B$350.0M
17
Hadrian
AerospaceArtificial Intelligence (AI)+3
Hawthorne, California$607.8M—Private2020Venture - Series Unknown$131.3M
18
SHINE Technologies
BiotechnologyEnergy+5
Janesville, Wisconsin$774.2MLate Stage VenturePrivate2005Series C—
19
LIG Nex1
DronesElectronics+2
Yongin, South Korea$515.9MPrivate EquityPrivate1976Grant$129.1M
20
Ursa Major
AerospaceNational Security+2
Berthoud, Colorado$434.3MLate Stage VenturePrivate2015Series E$100.0M
21
Lyten
Advanced MaterialsBattery+2
San Jose, California$367.0M—Private2015Venture - Series Unknown—
22
Human Security
AdvertisingAgentic AI+6
New York, New York$300.6MM&APrivate2012Venture - Series Unknown$50.0M
23
Saildrone
Artificial Intelligence (AI)Big Data+3
Alameda, California$299.5M—Private2012Corporate Round$50.0M
24
Lynda
EdTechEducation+3
Carpinteria, California$289.0MM&APrivate1995Series B$186.0M
25
Avathon
AnalyticsArtificial Intelligence (AI)+3
Pleasanton, California$286.6MLate Stage VenturePrivate2013Secondary Market—
26
Imvax
BiotechnologyPharmaceutical+1
Philadelphia, Pennsylvania$253.7M—Private2015Venture - Series Unknown$29.0M
27
Pivot3
Data CenterData Storage+3
Austin, Texas$273.4MM&APrivate2003Debt Financing$20.0M
28
Partager
AerospaceIntellectual Property+2
Long Beach, California$250.0MEarly Stage VenturePrivate2020Series A$250.0M
29
Wyle
GovernmentInformation Technology+1
El Segundo, California$245.9MM&APrivate1949Venture - Series Unknown$35.0M
30
Harmattan AI
Artificial Intelligence (AI)Computer Vision+1
Paris, France$242.0MEarly Stage VenturePrivate2024Series B$200.0M
31
Exein
Artificial Intelligence (AI)Cyber Security+3
Roma, Italy$224.4M—Private2018Venture - Series Unknown$117.2M
32
Echodyne
ElectronicsNational Security+2
Kirkland, Washington$199.0MLate Stage VenturePrivate2014Series C$135.0M
33
AOptix Technologies
BiometricsSecurity+2
Campbell, California$188.7MLate Stage VenturePrivate2000Series F$20.0M
34
PhysicsX
AI InfrastructureArtificial Intelligence (AI)+5
London, United Kingdom$187.0MEarly Stage VenturePrivate2019Series B$20.0M
35
Standard Nuclear
EnergyEnergy Efficiency+1
Oak Ridge, Tennessee$186.5MEarly Stage VenturePrivate2024Series A$140.0M
36
Mach Industries
Drone ManagementIndustrial+3
Huntington Beach, California$184.7MEarly Stage VenturePrivate2023Series B$100.0M
37
CyOptics
InternetMobile+1
Breinigsville, Pennsylvania$184.1MM&APrivate1999Private Equity—
38
Shape Security
Cyber SecurityInformation Technology+2
Santa Clara, California$183.0MM&APrivate2011Series F$51.0M
39
iboss
Cloud ComputingCyber Security+4
Boston, Massachusetts$180.0MEarly Stage VenturePrivate2003Series B$145.0M
40
Celframe
AndroidCRM+7
Kuala Lumpur, Malaysia$173.0M—Private2000Venture - Series Unknown$168.0M
41
Machina Labs
Artificial Intelligence (AI)Industrial Engineering+3
Chatsworth, California$172.3MLate Stage VenturePrivate2019Series C$124.0M
42
Defense Unicorns
AppsArtificial Intelligence (AI)+3
Colorado Springs, Colorado$171.5MEarly Stage VenturePrivate2021Series B$136.0M
43
Govini
AnalyticsArtificial Intelligence (AI)+4
Arlington, Virginia$170.0MPrivate EquityPrivate2011Private Equity$150.0M
44
HackerOne
Artificial Intelligence (AI)Computer+4
San Francisco, California$159.4M—Private2012Venture - Series Unknown—
45
Rebellion Defense
Artificial Intelligence (AI)Machine Learning+2
Washington, District of Columbia$150.0MEarly Stage VenturePrivate2019Series B$150.0M
46
Armor
Cloud SecurityCyber Security+2
Richardson, Texas$149.1MLate Stage VenturePrivate2009Series F$89.0M
47
Bishop Fox
Cloud SecurityConsulting+3
Tempe, Arizona$146.0MEarly Stage VenturePrivate2005Series B$46.0M
48
TXOne Networks
Cyber SecurityInternet of Things+2
Taipei, Taiwan$144.9MEarly Stage VenturePrivate2019Series B$51.0M
49
Vizada
MobileNational Security+1
Rockville, Maryland$142.7MM&APrivate2007Private Equity$142.7M
50
SiPearl
AI InfrastructureArtificial Intelligence (AI)+3
Maisons-laffitte, France$154.0MEarly Stage VenturePrivate2019Series A$37.5M
51
Cymulate
ComputerCyber Security+4
Holon, Israel$141.0MLate Stage VenturePrivate2016Series D$70.0M
52
SafeNet
Data IntegrationEnterprise Software+1
Belcamp, Maryland$138.9MM&APrivate1983Private Equity$138.9M
53
X-Bow Launch Systems
AerospaceIndustrial+1
Albuquerque, New Mexico$200.8MEarly Stage VenturePrivate2016Debt Financing$6.0M
54
Doppel
Artificial Intelligence (AI)Cyber Security+1
Covina, California$128.8MLate Stage VenturePrivate2022Series C$70.0M
55
Q-CTRL
Artificial Intelligence (AI)GPS+6
Chippendale, Australia$133.0MEarly Stage VenturePrivate2017Series B$59.0M
56
Cambium
Advanced MaterialsAerospace+3
El Segundo, California$127.0MEarly Stage VenturePrivate2019Series B$100.0M
57
Overland AI
Artificial Intelligence (AI)Autonomous Vehicles+3
Seattle, Washington$142.0MEarly Stage VenturePrivate2022Series B$80.0M
58
Hidden Level
AerospaceNational Security+2
Syracuse, New York$130.9MLate Stage VenturePrivate2018Series C$65.0M
59
Re:Build
IndustrialIndustrial Automation+3
Framingham, Massachusetts$121.9M—Private2020Venture - Series Unknown$120.0M
60
Neros Technologies
DronesIndustrial Automation+2
Los Angeles, California$119.5MEarly Stage VenturePrivate2023Series B$75.0M

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Methodology

The Defense 1000 Index ranks the top 1,000 defense technology companies globally by total funding raised. Companies are selected based on the following criteria:

  • Primary business operations involve defense technology, aerospace, national security, or related technologies
  • Company has disclosed at least one verified funding round
  • Active operations as of the index date (not acquired or dissolved)
  • Rankings are determined by total cumulative funding in USD

Data is sourced from public filings, press releases, and verified third-party databases. The index is updated quarterly to reflect new funding activity and market changes.

Cite This Index

APA Format

VCbacked. (2026). Defense 1000 Index: Q1 2026 Edition. VCbacked. https://www.vcbacked.co/defense-1000

News / Editorial

According to the VCbacked Defense 1000 Index (Q1 2026), the top 1,000 funded defense companies have raised a combined $46.3B across 51 countries.

Frequently Asked Questions

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