# Castelion funding: rounds and investors

> Castelion has raised $1.3B across 3 rounds since 2025. Investors include Lightspeed Venture Partners, Andreessen Horowitz and Altimeter.

Source: https://millionrounds.com/company/castelion (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Castelion*

3 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space Defence Tech Drones Manufacturing

Raised 2 months ago

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Funding summary Updated 27 Oct 2026

**$1.3B** raised across 3 rounds since 2025, from 8 sources

**$100M** Series A **$350M** Series B **$800M** Series C

- **Latest round:** Series C, $800M Aug 2026
- **Led by:** Andreessen Horowitz and JP Morgan Chase and 2 more
- **Step-up i:** 2.3×
- **Investors:** 18 (6 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$100M** Series A

**$350M** Series B

**$800M** Series C

- **First round:** Series A, $100M
- **Biggest round:** $800M
- **Usual gap between rounds:** 14 months

## The rounds

- **Aug 2026** Series C **$800M** *4 new* *4 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Lead [The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group) Lead [JPMorgan Chase's Strategic Investment Group](https://millionrounds.com/fund/jpmorgan-chase-s-strategic-investment-group) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Altimeter](https://millionrounds.com/fund/altimeter-capital) Reported by Crunchbase News and 3 others SEC filing: $647M sold
- **Jul 2025** Series B **$350M** *7 new* *5 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Altimeter](https://millionrounds.com/fund/altimeter-capital) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [BlueYard Capital](https://millionrounds.com/fund/blueyard-capital) [Avenir](https://millionrounds.com/fund/avenir) [Interlagos](https://millionrounds.com/fund/interlagos) [Lavrock Ventures](https://millionrounds.com/fund/lavrock-ventures) [First In](https://millionrounds.com/fund/first-in) [Champion Hill](https://millionrounds.com/fund/champion-hill) Reported by TechCrunch and 2 others
- **Jan 2025** Series A **$100M** *7 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [BlueYard Capital](https://millionrounds.com/fund/blueyard-capital) [Cantos](https://millionrounds.com/fund/cantos) [Interlagos](https://millionrounds.com/fund/interlagos) [Lavrock Ventures](https://millionrounds.com/fund/lavrock-ventures) [First In Ventures](https://millionrounds.com/fund/first-in-ventures) Also list them on their own site [Flux Capital](https://millionrounds.com/fund/flux-capital) Reported by Crunchbase News

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2025 **Series B** 2025 **Series C** 2026 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) L [Altimeter](https://millionrounds.com/fund/altimeter-capital) L [General Catalyst](https://millionrounds.com/fund/general-catalyst) [BlueYard Capital](https://millionrounds.com/fund/blueyard-capital) [Interlagos](https://millionrounds.com/fund/interlagos) [Lavrock Ventures](https://millionrounds.com/fund/lavrock-ventures) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) L [The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group) L [JPMorgan Chase's Strategic Investment Group](https://millionrounds.com/fund/jpmorgan-chase-s-strategic-investment-group) L

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **3** rounds, led 2

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **3** rounds, led 1

[Altimeter](https://millionrounds.com/fund/altimeter-capital) VC firm **2** rounds, led 1

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds

[BlueYard Capital](https://millionrounds.com/fund/blueyard-capital) VC firm **2** rounds

[Interlagos](https://millionrounds.com/fund/interlagos) VC firm **2** rounds

[Lavrock Ventures](https://millionrounds.com/fund/lavrock-ventures) VC firm **2** rounds

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round, led 1

[The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group) Private equity **1** round, led 1

[JPMorgan Chase's Strategic Investment Group](https://millionrounds.com/fund/jpmorgan-chase-s-strategic-investment-group) Growth equity **1** round, led 1

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **1** round

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round

[Pritzker Group](https://millionrounds.com/fund/pritzker-group) Private equity **1** round

[Cantos](https://millionrounds.com/fund/cantos) VC firm **1** round

[Avenir](https://millionrounds.com/fund/avenir) VC firm **1** round

[First In](https://millionrounds.com/fund/first-in) VC firm **1** round

[First In Ventures](https://millionrounds.com/fund/first-in-ventures) VC firm **1** round

[Champion Hill](https://millionrounds.com/fund/champion-hill) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=castelion).

## Also claim to have backed them

These 10 firms list Castelion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ambition Capital](https://millionrounds.com/fund/ambition-capital-2) VC firm Per its own site

[Angel Collective](https://millionrounds.com/fund/angel-collective) Fund of funds Per its own site

[GrayArch Partners](https://millionrounds.com/fund/grayarch-partners) VC firm Per its own site

[Jackson Moses](https://millionrounds.com/fund/jackson-moses) Angel Per its own site

[Champion Hill Ventures](https://millionrounds.com/fund/champion-hill-ventures) VC firm Per its own site

[Flux Capital](https://millionrounds.com/fund/flux-capital) VC firm Series A, per its site

[Forward Deployed Venture Capital](https://millionrounds.com/fund/forward-deployed-venture-capital) VC firm Per its own site

[IceNine](https://millionrounds.com/fund/icenine) VC firm Per its own site

[Tides Ventures](https://millionrounds.com/fund/tides-ventures) VC firm Per its own site

[Unmatched Ventures](https://millionrounds.com/fund/unmatched-ventures) VC firm Per its own site

## Quick answers about Castelion

### Who invested in Castelion?

Castelion's investors include Lightspeed Venture Partners, Andreessen Horowitz, Altimeter, General Catalyst and BlueYard Capital, and 13 more on record. Andreessen Horowitz led its latest round.

### How much has Castelion raised?

Castelion has raised $1.3B across 3 rounds since 2025.

### When did Castelion last raise?

Castelion's most recent round was a Series C of $800M in Aug 2026, led by Andreessen Horowitz.

### What was Castelion's biggest round?

Its most recent round, $800M in Aug 2026, is also its largest on record.

### Who backed Castelion first?

Castelion's first round on record, in Jan 2025, was backed by Lightspeed Venture Partners, Andreessen Horowitz and BlueYard Capital and 4 others.

### What stage is Castelion at?

Castelion's latest named round is a Series C, in Aug 2026.

### Where is Castelion based?

Castelion is based in the United States.

### Who led Castelion's rounds?

Lightspeed Venture Partners led the Series A in 2025; Andreessen Horowitz led the Series C in 2026.

## Companies like Castelion

In the same sector, and raised in the last eighteen months.

[**Ayar Labs** $904M · Oct 2026](https://millionrounds.com/company/ayar-labs)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)

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