# Median Series A round in Defence Tech (2026) > The median Series A round in Defence Tech is $25M, from 35 rounds announced in the last 12 months. Half raised between $17M and $41M. Source: https://millionrounds.com/benchmarks/series-a/defensetech (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series A round in *Defence Tech* From 35 Series A rounds announced in Defence Tech over the last twelve months, each read from a named source. Half of them raised between $17M and $41M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series A Defence Tech Median round **$25M** $11M 1 in 10 below $17M – $41M middle half $55M 1 in 10 above 35 rounds counted · recounted nightly Rounds counted **35** Series A rounds in Defence Tech, last 12 months Against worldwide **+25%** vs the $20M worldwide median Since last round **-** too few earlier rounds on record Lead named **89%** of these rounds name the investor who led The trend ## Median Series A round, quarter by quarter From $24M in 2025 Q3 to $34M in 2026 Q2. Quarters with fewer than five rounds are left blank. '24 Q4 3 rds '25 Q1 2 rds '25 Q2 1 rds $24M '25 Q3 5 rds '25 Q4 4 rds $22M '26 Q1 9 rds $34M '26 Q2 10 rds '26 Q3 4 rds Who leads ## The most active leads The firms that led the most Series A rounds in Defence Tech this year. - [1 **8VC** 2 led](https://millionrounds.com/fund/8vc) - [2 **Washington Harbour Partners Lp** 2 led](https://millionrounds.com/fund/washington-harbour-partners-lp) - [3 **NATO Innovation Fund (NIF)** 2 led](https://millionrounds.com/fund/nato-innovation-fund) - [4 **New Enterprise Associates** 1 led](https://millionrounds.com/fund/new-enterprise-associates) - [5 **Bessemer Venture Partners** 1 led](https://millionrounds.com/fund/bessemer-venture-partners) - [6 **First Round Capital** 1 led](https://millionrounds.com/fund/first-round-capital) Recent examples ## Series A rounds in Defence Tech, latest first - [**North Vector Dynamics** 26 Oct 2026 · Tech Horizons $20M -20%](https://millionrounds.com/company/north-vector-dynamics) - [**Beyond Vision** 23 Oct 2026 · Indico Capital Partners $31M +25%](https://millionrounds.com/company/beyond-vision) - [**Kapta Space** 9 Oct 2026 · Washington Harbour Partners Lp $24M -4%](https://millionrounds.com/company/kapta-space) - [**Fortastra** 8 Oct 2026 · First In $30M +20%](https://millionrounds.com/company/fortastra) - [**Buntar Aerospace** 5 Oct 2026 · Freedom Fund $16M -36%](https://millionrounds.com/company/buntar-aerospace) - [**Archangel Lightworks** 7 Aug 2026 · Not named $2.7M -89%](https://millionrounds.com/company/archangel-lightworks) - [**Aurelius Systems** 5 Aug 2026 · Draper Associates $40M +60%](https://millionrounds.com/company/aurelius-systems) - [**Valarian** 14 Jul 2026 · New Enterprise Associates $50M +100%](https://millionrounds.com/company/valarian) **How to read these figures** They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology). Other stages in Defence Tech [**Seed** $8.8M](https://millionrounds.com/benchmarks/seed/defensetech) Series A elsewhere [**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas) ## Raising a Series A round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## Q&A How big is a typical Series A round in Defence Tech? The median is $25M, from 35 Series A rounds announced in Defence Tech in the last twelve months. Half of them raised between $17M and $41M; one in ten raised more than $55M. Which rounds are counted? Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it. Are these figures biased? Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed. How often does it change? The figures are recounted from the record every night, as new rounds are read.