Monthly roundup · Defence Tech · June 2026

Defence Tech startup funding, June 2026: ICEYE's $521M Series F leads 11 rounds

By Millionrounds ResearchPublished 1 July 2026Updated 10 October 2026

We read 11 equity rounds in Defence Tech announced in June 2026, raising $1.7B between them: 4% of all the rounds we read that month and 5% of the money. The largest was ICEYE's $521M Series F, led by General Atlantic. The median seed round was $9.3M, against $8.8M over the last twelve months in Defence Tech; at Series A it was $50M.

Equity rounds11in Defence Tech, 11 with an amount
Raised$1.7Bacross those rounds
Lead named100%of rounds say who led
Share of the month4%of rounds; 5% of the money

The biggest rounds

  1. 1ICEYESeries F · Finland · led by General Atlantic$521M
  2. 2Isar AerospaceSeries D · Germany · led by Molten Ventures, Island Green Capital$312M
  3. 3Mach IndustriesSeries C · United States · led by Ribbit Capital, Infinite Capital$300M
  4. 4Allen Control SystemsSeries B · United States · led by Smash Capital$200M
  5. 5TTwentySeries B · United States · led by Accel$100M
  6. 6DDominion DynamicsSeries A · Canada · led by Georgian$98M
  7. 7Alta AresSeries A · France · led by Air Street Capital$58M
  8. 8Layup PartsSeries A · United States · led by Marlinspike$42M
  9. 9Six RoboticsSeed · Norway · led by DTCP$14M
  10. 10WestmagSeries A · United States · led by Shield Capital$11M

Day by day

Equity rounds in Defence Tech announced each day of June. The busiest day was 2 June, with 2.

1 June30 June

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Seed2$9.3Mthis month$8.8M12 months here
Series A4$50Mthis month$25M12 months here
Series B2$150Mthis month$50M12 months, all sectors
Series C1$300Mthis month$100M12 months, all sectors
Series D1$312Mthis month$150M12 months, all sectors

Where

United States had the most Defence Tech rounds this month.

Against the month

  • Rounds, Defence Tech11
  • Rounds, all sectors245
  • Raised, Defence Tech$1.7B
  • Raised, all sectors$35B

The whole of June 2026

Other sectors in June

124 roundsAI→39 roundsFintech→37 roundsHealthcare→24 roundsBig Data & Analytics→23 roundsBiotech→20 roundsRobotics→20 roundsEnterprise Software→16 roundsEnergy→16 roundsConstruction→15 roundsSoftware→12 roundsFinancial Services→11 roundsHardware & Electronics→11 roundsAerospace & Space→11 roundsMedical Devices→11 roundsLogistics→10 roundsManufacturing→