Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: defense tech
defense tech, Europe, Global Security News, Government & Policy, nato
NATO backs its first cohort of European dual-use startups
With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on its own defense, it might come as a surprise that Europe is already on the path toward far greater investment in defense, especially in tech. Not only has…
defense tech, Global IT News, Global Security News, Hardware, helsing, Startups
Germany’s Helsing doubles down on drones for Ukraine, scales up manufacturing
Helsing, the German defense tech startup backed by Spotify’s Daniel Ek and others, is producing 6,000 HX-2 strike drones in addition to the 4,000 HF-1 strike drones financed by Germany that are currently being delivered to Ukraine. “We are scaling up production of HX-2 in response to additional orders from Ukraine,” Helsing co-founder Gundbert Scherf…
8VC, defense tech, Fundraising, Global IT News, Global Security News, Joe Lonsdale, Venture
Joe Lonsdale’s 8VC seeking $1B for new fund
8VC, a venture firm led by Palantir founder Joe Lonsdale, is seeking nearly $1 billion for its sixth fund, according to a regulatory filing. The Austin-based firm’s latest fund aims to raise nearly 14% more than its previous $880 million flagship vehicle, which closed in February 2023. TechCrunch has reached out to the firm for…
AI, ai safety, Anthropic, defense tech, Global Security News, Government & Policy, military, North America, openai, pentagon, TC
The Pentagon says AI is speeding up its ‘kill chain’
Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to the United States military: make the Pentagon more efficient, without letting their AI kill people. Today, their tools are not being used as weapons, but AI is giving the Department of Defense a “significant advantage” in identifying, tracking,…
8VC, anduril, defense tech, Global IT News, Global Security News, Joe Lonsdale, shield ai, Venture
Defense startup Epirus in talks to raise over $150M, potentially cutting valuation
The round could give the company a valuation of about $1 billion, a decrease from the company’s previous $1.35 billion valuation. © 2024 TechCrunch. All rights reserved. For personal use only.
climate tech, defense tech, Global IT News, Global Security News, LLMs, space technology, Startups, TC
The 51 most disruptive startups of 2024
These startups have fascinating new technologies, business models, founder stories or are pushing an industry forward in exciting ways. © 2024 TechCrunch. All rights reserved. For personal use only.