Defence tech VC funding hits an all-time record in 2026, with Anduril closing a $5B round at a $61B valuation

· VC Investment

Crunchbase and other outlets report venture investment in defence technology reached all-time highs in 2026. The drivers are AI-powered military systems, autonomy, and space infrastructure, set against conflicts in Ukraine and the Middle East. Anduril Industries closed a $5 billion Series H at a $61 billion valuation, roughly double the $30.5 billion mark it had set less than a year earlier. Reporting counts more than $14.6 billion raised for defence tech firms in 2026, up from $9.6 billion in 2025.

Why it matters: Defence tech has moved from a niche that many funds avoided to a sector the Pentagon is actively courting venture capital into, reshaping where dual-use money flows.

Sources

  1. Sector Snapshot: Defense Startup Funding Hits An All-Time Record As VCs Begin To Eye Exits (Crunchbase News)
  2. Investment in defense tech is soaring as Pentagon encourages venture capitalists to participate (The Washington Times)