Monthly roundup · Defence Tech · October 2026

Defence Tech startup funding, October 2026: Warhound's $200M Seed leads 26 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 26 equity rounds in Defence Tech announced in October 2026, raising $786M between them: 4% of all the rounds we read that month and 1% of the money. The largest was Warhound's $200M Seed, led by • Ark Invest. The median seed round was $6.6M, against $8.8M over the last twelve months in Defence Tech; at Series A it was $22M. New Science Venture led the most rounds, with 2.

Equity rounds26in Defence Tech, 23 with an amount
Raised$786Macross those rounds
Lead named73%of rounds say who led
Share of the month4%of rounds; 1% of the money

The biggest rounds

  1. 1WWarhoundSeed · United States · led by • Ark Invest$200M
  2. 2Firehawk AerospaceSeries D · United States$150M
  3. 3FFirehawk DefenseSeries D · United States · led by Advent International, Rochefort Asset Management$150M
  4. 4GGallatin AISeries A · United States$50M
  5. 5WWatchtower LabsSeed · United States · led by Shield Capital, Conviction$35M
  6. 6Beyond VisionSeries A · Portugal · led by Indico Capital Partners, LINCE CAPITAL$31M
  7. 7FortastraSeries A · United States · led by First In$30M
  8. 8FurientisSeed · United States · led by Benchmark$25M
  9. 9Kapta SpaceSeries A · United States · led by Washington Harbour Partners Lp, Pathway Ventures$24M
  10. 10North Vector DynamicsSeries A · Canada · led by Tech Horizons$20M

Day by day

Equity rounds in Defence Tech announced each day of October. The busiest day was 1 October, with 3.

1 October31 October

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.

Pre-seed3$3.0Mthis month$2.0M12 months, all sectors
Seed10$6.6Mthis month$8.8M12 months here
Series A10$22Mthis month$25M12 months here
Series D2$150Mthis month$150M12 months, all sectors
Growth1$6.6Mthis month$113M12 months, all sectors

The most active leads

Firms that led two or more of the month's rounds in Defence Tech.

Where

United States had the most Defence Tech rounds this month.

Against the month

  • Rounds, Defence Tech26
  • Rounds, all sectors733
  • Raised, Defence Tech$786M
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→25 roundsCloud→24 roundsEntertainment→23 roundsB2C→23 roundsFinancial Services→22 roundsMedical Devices→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsInsurtech→14 roundsTelecoms→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→