Investor Lists

Corporate VCs backing Defence Tech

Updated 7 November 2026

Corporate VCs we have observed in a defence Tech round in the last two years.

25investors on the listNo change this week
431cheques in 12 months+16% against the market
$27Mmedian round they joined+238% against the market median
92%wrote a cheque in 12 months
68%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

  1. 1Intel CapitalDeploying nowCorporate VC · United States1,123$22Mmedian roundOct 2026last seen
  2. 2Salesforce VenturesDeploying nowCorporate VC · United States649$26Mmedian roundNov 2026last seen
  3. 3Z Venture CapitalDeploying nowCorporate VC · Japan200$10Mmedian roundOct 2026last seen
  4. 4Deutsche BankDeploying nowCorporate VC · Germany144$175Mmedian roundNov 2026last seen
  5. 5M VenturesDeploying nowCorporate VC · Switzerland143$15Mmedian roundSept 2026last seen
  6. 6SE VenturesDeploying nowCorporate VC · United States112$16Mmedian roundOct 2026last seen
  7. 7Wells FargoDeploying nowCorporate VC · United States107$39Mmedian roundSept 2026last seen
  8. 8British Business BankDeploying nowCorporate VC · United Kingdom105$6.3Mmedian roundNov 2026last seen
  9. 9Lockheed MartinDeploying nowCorporate VC · United States80$27Mmedian roundOct 2026last seen
  10. 10Bosch VenturesDeploying nowCorporate VC · Germany75$35Mmedian roundOct 2026last seen
  11. 11Singtel Innov8Deploying nowCorporate VC · Singapore68$25Mmedian roundSept 2026last seen
  12. 12ESADeploying nowCorporate VC · France55$1.1Mmedian roundJul 2026last seen
  13. 13Mitsui & CoDeploying nowCorporate VC · Japan47$65Mmedian roundAug 2026last seen
  14. 14Motley Fool VenturesDeploying nowCorporate VC · United States45$9.2Mmedian roundSept 2026last seen
  15. 15Applied VenturesDeploying nowCorporate VC · United States43$54Mmedian roundOct 2026last seen
  16. 16Stellar Development FoundationDeploying nowCorporate VC · United States39$4.3Mmedian roundSept 2026last seen
  17. 17NokiaDeploying nowCorporate VC · Finland21$433Mmedian roundJun 2026last seen
  18. 18Peak 6Deploying nowCorporate VC · United States12$20Mmedian roundAug 2026last seen
  19. 19Airbus VenturesDeploying nowCorporate VC · United States7$20Mmedian roundNov 2026last seen
  20. 20Booz Allen VenturesDeploying nowCorporate VC · United States6$56Mmedian roundSept 2026last seen
  21. 21National Security Strategic Investment Fund (NSSIF)Deploying nowCorporate VC · United Kingdom6$50Mmedian roundSept 2026last seen
  22. 22Multiply GroupDeploying nowCorporate VC · United Arab Emirates2$503Mmedian roundMar 2026last seen
  23. 23General Dynamics Land SystemsquietCorporate VC · United States1$250Mmedian roundMar 2025last seen
  24. 24Keysight TechnologiesDeploying nowCorporate VC · United States1$50Mmedian roundApr 2026last seen
  25. 25L3 Harris TechnologiesquietCorporate VC · United States1$240Mmedian roundMar 2025last seen

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Quick answers about corporate VCs backing Defence Tech

Who are the most active corporate VCs backing Defence Tech?

By cheques observed, the most active are Intel Capital, Salesforce Ventures, Z Venture Capital, Deutsche Bank and M Ventures.

How many corporate VCs backing Defence Tech are there?

25 are on record. 92% made an investment in the last 12 months and 68% have led a round.

Which stages do corporate VCs backing Defence Tech back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Series B (17%).

How big are the rounds corporate VCs backing Defence Tech join?

The typical (median) round among the leading investors here is $27M.

Which sectors do corporate VCs backing Defence Tech back most?

In the last 12 months, mostly AI, Big Data & Analytics and Hardware & Electronics.

Which corporate VCs backing Defence Tech lead the most rounds?

Intel Capital (19 led), Salesforce Ventures (12 led) and Wells Fargo (3 led).

Where are corporate VCs backing Defence Tech based?

Among the most active, most are based in the United States (14), Japan (2) and Germany (2).

What have corporate VCs backing Defence Tech invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Return (Debt, Nov 2026, with Deutsche Bank) and CesiumAstro (Series D+, Nov 2026, with Airbus Ventures).

Built from the rounds we watched, refreshed every night. How we count · Report a correction