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

> 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.

Source: https://millionrounds.com/news/monthly/2026-06/sector/defensetech (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **11** in Defence Tech, 11 with an amount

Raised **$1.7B** across those rounds

Lead named **100%** of rounds say who led

Share of the month **4%** of rounds; 5% of the money

## The biggest rounds

- [1 **ICEYE** Series F · Finland · led by General Atlantic **$521M**](https://millionrounds.com/company/iceye)
- [2 **Isar Aerospace** Series D · Germany · led by Molten Ventures, Island Green Capital **$312M**](https://millionrounds.com/company/isar-aerospace)
- [3 **Mach Industries** Series C · United States · led by Ribbit Capital, Infinite Capital **$300M**](https://millionrounds.com/company/mach-industries)
- [4 **Allen Control Systems** Series B · United States · led by Smash Capital **$200M**](https://millionrounds.com/company/allen-control-systems)
- [5 T **Twenty** Series B · United States · led by Accel **$100M**](https://millionrounds.com/company/twenty)
- [6 D **Dominion Dynamics** Series A · Canada · led by Georgian **$98M**](https://millionrounds.com/company/dominion-dynamics)
- [7 **Alta Ares** Series A · France · led by Air Street Capital **$58M**](https://millionrounds.com/company/alta-ares)
- [8 **Layup Parts** Series A · United States · led by Marlinspike **$42M**](https://millionrounds.com/company/layup-parts)
- [9 **Six Robotics** Seed · Norway · led by DTCP **$14M**](https://millionrounds.com/company/six-robotics)
- [10 **Westmag** Series A · United States · led by Shield Capital **$11M**](https://millionrounds.com/company/westmag)

## Day by day

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

1 June 30 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.

[Seed](https://millionrounds.com/benchmarks/seed/defensetech) *2* **$9.3M** this month **$8.8M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/defensetech) *4* **$50M** this month **$25M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b) *2* **$150M** this month **$50M** 12 months, all sectors

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$300M** this month **$100M** 12 months, all sectors

[Series D](https://millionrounds.com/benchmarks/series-d) *1* **$312M** this month **$150M** 12 months, all sectors

## Where

- [United States](https://millionrounds.com/news/monthly/2026-06/united-states) **5**
- Canada **1**
- [Germany](https://millionrounds.com/news/monthly/2026-06/germany) **1**
- [Australia](https://millionrounds.com/news/monthly/2026-06/australia) **1**
- [France](https://millionrounds.com/news/monthly/2026-06/france) **1**
- Norway **1**
- Finland **1**

United States had the most Defence Tech rounds this month.

## Against the month

- Rounds, Defence Tech **11**
- Rounds, all sectors **245**
- Raised, Defence Tech **$1.7B**
- Raised, all sectors **$35B**

[The whole of June 2026](https://millionrounds.com/news/monthly/2026-06)

## Other sectors in June

[124 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-06/sector/ai)[39 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-06/sector/fintech)[37 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-06/sector/healthcare)[24 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-06/sector/big-data)[23 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-06/sector/biotech)[20 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-06/sector/robotics)[20 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-06/sector/enterprise-software)[16 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-06/sector/energy)[16 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-06/sector/construction)[15 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-06/sector/software)[12 rounds **Financial Services** *→*](https://millionrounds.com/news/monthly/2026-06/sector/financial-services)[11 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-06/sector/hardware)[11 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-06/sector/aerospace)[11 rounds **Medical Devices** *→*](https://millionrounds.com/news/monthly/2026-06/sector/medical-device)[11 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-06/sector/logistics)[10 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-06/sector/manufacturing)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
