Participated · Series C · Aug 2026

Neros Technologies develops and manufactures a range of small, mass-produced military drones including FPV platforms with autonomy and counter-UAS interceptor systems. The company announced new products Archer AI (an FPV platform augmented with autonomy features) and Bandit (a c‑UAS interceptor) and is building the hardware and compute stack for multi-asset control. Neros plans to scale domestic production capacity and aims to produce one million drones per year across multiple capability classes by 2028. It has major contracts with the U.S. Army, Marine Corps, every component of SOCOM, and several allied nations, and operates a UK subsidiary to partner with European allies. Management reported explosive growth since its prior financing in November and is using fresh capital to accelerate development, production ramps, and deployment into combat theaters by the end of 2026. The company is headquartered in Torrance, Calif.

Led · Series D · Aug 2026

Hadrian builds automated manufacturing facilities that mass-produce parts for vehicles used by the military. The company has opened multiple facilities, including a fourth site in Alabama announced in March to produce submarine parts. That Alabama facility was structured as a public/private partnership and valued at $2.4 billion, according to Hadrian. Hadrian has attracted large venture and institutional backers and recently raised a $1.37 billion round at a $7.87 billion valuation. About a year earlier it raised a $260 million Series C led by Founders Fund and Lux Capital, bringing total capital raised to roughly $2 billion per PitchBook estimates. The company's current plans and financing indicate continued expansion of its automated production footprint for defense supply chains.

Participated · Equity · Aug 2026

Valar Atomics is developing advanced nuclear reactors intended for scalable deployment and is pursuing clusters of small reactors—sometimes called "gigasites"—to serve high-demand users such as data centers and manufacturing. Founded in 2023 and based in California, the company is also exploring applications beyond grid electricity, including producing synthetic fuels and supplying industrial heat. Its technology and commercial approach target energy-intensive industries and the growing electricity needs driven by AI infrastructure. Financially, Valar recently raised approximately $450 million (about $340 million equity and $110 million debt) at a reported $2 billion valuation, following a prior $130 million raise in 2025. The company is backed by defense-tech investors including Palmer Luckey and Shyam Sankar.

Participated · Equity · Jul 2026

Xsight Labs develops programmable, high-performance networking silicon, notably the E1 Data Processing Unit (DPU) and X2 Ethernet switch. The E1 is the company's first shipping 800G DPU and has completed SONiC-DASH Hero 800G validation, demonstrating sustained throughput of more than 14 million connections per second, hardware-accelerated inline crypto, and an ultra-efficient sub-75W power profile. The X2 is a fully software-defined 12.8 Tbps Ethernet switch with a reprogrammable data plane via XISA, deterministic sub-700ns latency, and an under-200W power envelope. Xsight emphasizes a fully open, standard Linux environment (native Linux, DPDK, SONiC) and positions its products for hyperscalers, service providers, OEMs, and constrained environments like satellite communications. Founded in 2017 and headquartered in Tel Aviv with additional offices in Kiryat Gat, Haifa, Boston, Raleigh, San Jose, and Yerevan, the company has reported multiple design wins and evaluations by Tier-1 customers. Financially, Xsight recently raised more than $300 million at a $2.8 billion post-money valuation to fund product roadmap expansion, team growth, and scaled manufacturing and delivery.

Participated · Series A · Jul 2026

Andrenam develops PEARL, a network of passive acoustic buoys, and OBSIDIAN, an AI-native software platform that converts underwater sound into real-time maritime awareness. The company positions its technology to provide persistent awareness of undersea activity as the domain becomes more contested and autonomous. Andrenam argues legacy systems are expensive, slow to field, and depend on a small pool of specialists, and aims to offer a more scalable solution. The recent Series A financing is intended to expand deployments and grow the team to meet rising demand. The announcement did not disclose revenue, users, or prior funding details.