Investor Lists

Incubators and accelerators backing Defence Tech

Updated 7 November 2026

Incubators and accelerators we have observed in a defence Tech round in the last two years.

See all 16 →The top 16
16investors on the listNo change this week
1,407cheques in 12 months-17% against the market
$3.3Mmedian round they joined-59% against the market median
100%wrote a cheque in 12 months
63%have led a round

The Top 16

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2Plug and PlayDeploying nowAccelerator · United States1,561$5Mmedian roundNov 2026last seen
  3. 3MassChallengeDeploying nowAccelerator · United States984$1.8Mmedian roundSept 2026last seen
  4. 4Entrepreneur FirstDeploying nowAccelerator · United Kingdom332$3.6Mmedian roundOct 2026last seen
  5. 5In-Q-TelDeploying nowAccelerator · United States273$20Mmedian roundNov 2026last seen
  6. 6VentureOutDeploying nowAccelerator · United States202$1.6Mmedian roundJun 2026last seen
  7. 7GoogleDeploying nowAccelerator · United States154$40Mmedian roundNov 2026last seen
  8. 8Business FinlandDeploying nowAccelerator · Finland153$2.3Mmedian roundSept 2026last seen
  9. 9Thrive CapitalDeploying nowAccelerator · United States101$123Mmedian roundSept 2026last seen
  10. 10DG VENTURESDeploying nowAccelerator · United States70$2.9Mmedian roundSept 2026last seen
  11. 11Propel CapitalDeploying nowAccelerator · Sweden52$996Kmedian roundSept 2026last seen
  12. 12Indico Capital PartnersDeploying nowAccelerator · Portugal51$5.1Mmedian roundNov 2026last seen
  13. 13RSE VenturesDeploying nowAccelerator · United States14$17Mmedian roundJul 2026last seen
  14. 14AirbusDeploying nowAccelerator · France13$19Mmedian roundJul 2026last seen
  15. 15AdvantEdge FoundersDeploying nowAccelerator · India1$1.1Mmedian roundOct 2026last seen
  16. 16Defence BuilderDeploying nowAccelerator1$2.1Mmedian roundSept 2026last seen

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Quick answers about incubators and accelerators backing Defence Tech

Who are the most active incubators and accelerators backing Defence Tech?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, Entrepreneur First and In-Q-Tel.

How many incubators and accelerators backing Defence Tech are there?

16 are on record. 100% made an investment in the last 12 months and 63% have led a round.

Which stages do incubators and accelerators backing Defence Tech back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (28%) and Seed (27%).

How big are the rounds incubators and accelerators backing Defence Tech join?

The typical (median) round among the leading investors here is $3.6M.

Which sectors do incubators and accelerators backing Defence Tech back most?

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

Which incubators and accelerators backing Defence Tech lead the most rounds?

Thrive Capital (14 led), Y Combinator (11 led) and Indico Capital Partners (4 led).

Where are incubators and accelerators backing Defence Tech based?

Among the most active, most are based in the United States (9), the United Kingdom (1) and Finland (1).

What have incubators and accelerators backing Defence Tech invested in recently?

Recent rounds include Ocient (Series C, Nov 2026, with In-Q-Tel), Bizay (Series D+, Nov 2026, with Indico Capital Partners) and Lazarus AI (Nov 2026, with Plug and Play).

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