Investor Lists

PE firms backing Defence Tech

Updated 7 November 2026

PE firms we have observed in a defence Tech round in the last two years.

See all 127 →The top 25
127investors on the list+3 this week
977cheques in 12 months+21% against the market
$113Mmedian round they joined+1306% against the market median
88%wrote a cheque in 12 months
47%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1GaingelsDeploying nowPrivate equity · United States1,010$8Mmedian roundOct 2026last seen
  2. 2Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  3. 3Morgan Stanley Investment ManagementDeploying nowPrivate equity · United States288$56Mmedian roundOct 2026last seen
  4. 4General AtlanticDeploying nowPrivate equity · United States273$127Mmedian roundOct 2026last seen
  5. 5TCVDeploying nowPrivate equity · United States200$100Mmedian roundOct 2026last seen
  6. 6Franklin TempletonDeploying nowPrivate equity · United States198$64Mmedian roundNov 2026last seen
  7. 7BondDeploying nowGrowth equity · United States154$47Mmedian roundSept 2026last seen
  8. 8Pritzker GroupDeploying nowPrivate equity · United States146$17Mmedian roundNov 2026last seen
  9. 9T. Rowe PriceDeploying nowPrivate equity · United States136$400Mmedian roundNov 2026last seen
  10. 10Maven Capital PartnersDeploying nowPrivate equity · United Kingdom129$3.5Mmedian roundOct 2026last seen
  11. 11The Carlyle GroupDeploying nowPrivate equity · United States108$400Mmedian roundAug 2026last seen
  12. 12Blackstone GroupDeploying nowPrivate equity · United States98$200Mmedian roundSept 2026last seen
  13. 13Human CapitalDeploying nowGrowth equity · New Zealand81$24Mmedian roundOct 2026last seen
  14. 14Space CapitalDeploying nowPrivate equity · Italy79$12Mmedian roundOct 2026last seen
  15. 15Breyer CapitalDeploying nowPrivate equity · United States69$24Mmedian roundOct 2026last seen
  16. 16Taiwania CapitalDeploying nowGrowth equity · Taiwan60$14Mmedian roundJul 2026last seen
  17. 17Advent InternationalDeploying nowPrivate equity · United States59$740Mmedian roundOct 2026last seen
  18. 18CPP InvestmentsDeploying nowGrowth equity59$200Mmedian roundOct 2026last seen
  19. 19Bain CapitalDeploying nowPrivate equity · United States58$50Mmedian roundAug 2026last seen
  20. 20AtlanticDeploying nowPrivate equity · Germany53$35Mmedian roundOct 2026last seen
  21. 21Washington Harbour Partners LpDeploying nowPrivate equity · United States52$60Mmedian roundNov 2026last seen
  22. 22Raptor GroupDeploying nowPrivate equity · United States50$15Mmedian roundSept 2026last seen
  23. 23Royal Bank of CanadaDeploying nowGrowth equity · Canada46$100Mmedian roundOct 2026last seen
  24. 24Gresham House VenturesDeploying nowGrowth equity · United Kingdom40$6.6Mmedian roundSept 2026last seen
  25. 25Dragoneer InvestmentDeploying nowPrivate equity · United States39$500Mmedian roundOct 2026last seen
102 more on this list

All 127 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

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Quick answers about PE firms backing Defence Tech

Who are the most active PE firms backing Defence Tech?

By cheques observed, the most active are Gaingels, Pioneer Fund, Morgan Stanley Investment Management, General Atlantic and TCV.

How many PE firms backing Defence Tech are there?

127 are on record. 88% made an investment in the last 12 months and 47% have led a round.

Which stages do PE firms backing Defence Tech back?

Of the rounds with a named stage in the last 12 months, mostly Series A (18%) and Series B (16%).

How big are the rounds PE firms backing Defence Tech join?

The typical (median) round among the leading investors here is $50M.

Which sectors do PE firms backing Defence Tech back most?

In the last 12 months, mostly AI, Aerospace & Space and Fintech.

Which PE firms backing Defence Tech lead the most rounds?

General Atlantic (32 led), TCV (17 led) and Bond (11 led).

Where are PE firms backing Defence Tech based?

Among the most active, most are based in the United States (17), the United Kingdom (2) and New Zealand (1).

What have PE firms backing Defence Tech invested in recently?

Recent rounds include Ocient (Series C, Nov 2026, with PSP Growth), Soter Insure (Series B, Nov 2026, with Franklin Templeton) and firmly (Series A, Nov 2026, with • Ark Invest).

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