# Top 20 Defence Tech Startups Founded in 2023 by Funding (2026)

> The 20 best-funded defence Tech startups founded in 2023, ranked by total funding raised: $3.3B combined.

Source: https://millionrounds.com/top-lists/defensetech-startups-founded-2023 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Vulcan Elements** Vulcan Elements is a U.S.-based startup manufacturer founded in 2023, specializing in rare earth magnets, particularly sintered neodymium iron boron (NdFeB) magnets.](https://millionrounds.com/company/vulcan-elements) Vulcan Elements is a U.S.-based startup manufacturer founded in 2023, specializing in rare earth magnets, particularly sintered neodymium iron boron (NdFeB) magnets. *Founded* 2023 Vestavia Hills, United States **$1.1B** last round Apr 2026
- 2 [**Antares** Antares, formerly known as Antares Industries, is a nuclear technology company founded in 2023.](https://millionrounds.com/company/antares) Antares, formerly known as Antares Industries, is a nuclear technology company founded in 2023. *Founded* 2023 Torrance, United States **$566M** last round Aug 2026
- 3 [**Northwood Space** Northwood Space is a hardware solution that expands the orbits and frequency ranges available from the ground for satellite communication.](https://millionrounds.com/company/northwood-space) Northwood Space is a hardware solution that expands the orbits and frequency ranges available from the ground for satellite communication. *Founded* 2023 Los Angeles, United States **$505M** last round Nov 2026
- 4 [**Neros Technologies** Neros Technologies is a private defense technology company founded in 2023 and based in El Segundo, California.](https://millionrounds.com/company/neros-technologies) Neros Technologies is a private defense technology company founded in 2023 and based in El Segundo, California. *Founded* 2023 Los Angeles, United States **$325M** last round Aug 2026
- 5 [**Quartermaster** Quartermaster is a maritime technology company focused on enhancing real-time maritime domain awareness.](https://millionrounds.com/company/quartermaster) Quartermaster is a maritime technology company focused on enhancing real-time maritime domain awareness. *Founded* 2023 Arlington, United States **$183M** last round Sept 2026
- 6 [**Code Metal** Code Metal is a Boston-based AI startup founded in 2023, specializing in software development applications.](https://millionrounds.com/company/code-metal) Code Metal is a Boston-based AI startup founded in 2023, specializing in software development applications. *Founded* 2023 Boston, United States **$161M** last round Feb 2026
- 7 [**Hypersonica** Hypersonica is an Anglo-German defense and aerospace company founded in late 2023, focused on developing next-generation hypersonic systems for both military an](https://millionrounds.com/company/hypersonica) Hypersonica is an Anglo-German defense and aerospace company founded in late 2023, focused on developing next-generation hypersonic systems for both military an *Founded* 2023 Feldkirchen, Germany **$140M** last round Nov 2026
- 8 [**Overland AI** Overland AI is a manufacturer and developer of autonomous navigation for off-road autonomous vehicles.](https://millionrounds.com/company/overland-ai) Overland AI is a manufacturer and developer of autonomous navigation for off-road autonomous vehicles. *Founded* 2023 Seattle, United States **$80M** last round Feb 2026
- 9 [**Vatn Systems** Vatn Systems is a technology firm founded in 2023, specializing in the design, development, and manufacturing of autonomous underwater systems for defense applications.](https://millionrounds.com/company/vatn-systems) Vatn Systems is a technology firm founded in 2023, specializing in the design, development, and manufacturing of autonomous underwater systems for defense applications. *Founded* 2023 Bristol, United States **$73M** last round Dec 2025
- 10 [**TYTAN Technologies** TYTAN Technologies is a Munich-based defense technology startup founded in 2023.](https://millionrounds.com/company/tytan-technologies) TYTAN Technologies is a Munich-based defense technology startup founded in 2023. *Founded* 2023 Munich, Germany **$35M** last round Feb 2026
- 11 [**Buntar Aerospace** Buntar Aerospace is a Ukrainian defense technology company specializing in unmanned systems for Intelligence, Surveillance, and Reconnaissance (ISR) operations.](https://millionrounds.com/company/buntar-aerospace) Buntar Aerospace is a Ukrainian defense technology company specializing in unmanned systems for Intelligence, Surveillance, and Reconnaissance (ISR) operations. *Founded* 2023 Ukraine **$16M** last round Oct 2026
- 12 [**Six Robotics** Six Robotics is a defence and autonomous systems company based in Oslo, Norway.](https://millionrounds.com/company/six-robotics) Six Robotics is a defence and autonomous systems company based in Oslo, Norway. *Founded* 2023 Oslo, Norway **$14M** last round Jun 2026
- 13 [**Alpine Eagle** Alpine Eagle is a European defense technology startup founded in 2023, based in Munich, Germany, with additional teams in London and Karlsruhe.](https://millionrounds.com/company/alpine-eagle) Alpine Eagle is a European defense technology startup founded in 2023, based in Munich, Germany, with additional teams in London and Karlsruhe. *Founded* 2023 Munich, Germany **$11M** last round Mar 2025
- 14 [**Orbotix** Orbotix Industries is a European defense technology startup founded in 2023, focused on developing AI-powered autonomous drone swarm systems, robotics, and adva](https://millionrounds.com/company/orbotix) Orbotix Industries is a European defense technology startup founded in 2023, focused on developing AI-powered autonomous drone swarm systems, robotics, and adva *Founded* 2023 Warszawa, Poland **$7.6M** last round Oct 2025
- 15 [**DeteQt** Deteqt is a Sydney-based startup focused on quantum sensing, founded in 2023 as a spinout from the University of Sydney’s Nano Institute.](https://millionrounds.com/company/deteqt) Deteqt is a Sydney-based startup focused on quantum sensing, founded in 2023 as a spinout from the University of Sydney’s Nano Institute. *Founded* 2023 Sydney, Australia **$5.8M** last round Apr 2026
- 16 [**Nordic Air Defence** Nordic Air Defence (NAD) is a Swedish defense technology startup based in Stockholm, founded in 2023.](https://millionrounds.com/company/nordic-air-defence) Nordic Air Defence (NAD) is a Swedish defense technology startup based in Stockholm, founded in 2023. *Founded* 2023 Stockholm, Sweden **$5.6M** last round Jul 2025
- 17 [**DiffuseDrive** Developing an End-To-End (E2E) automated data solution to help computer vision developers build better autonomous machines faster by eliminating entire workflow](https://millionrounds.com/company/diffusedrive) Developing an End-To-End (E2E) automated data solution to help computer vision developers build better autonomous machines faster by eliminating entire workflow *Founded* 2023 San Francisco, United States **$3.5M** last round May 2025
- 18 [**Holdson** Holdson is a UK-based manufacturing technology company specializing in electrochemical polishing for metal components, particularly those produced through addit](https://millionrounds.com/company/holdson) Holdson is a UK-based manufacturing technology company specializing in electrochemical polishing for metal components, particularly those produced through addit *Founded* 2023 Skelmanthorpe, United Kingdom **$2.8M** last round Jul 2026
- 19 [**VyomIC** VyomIC is a deep-tech startup founded in 2023 by IIT Madras alumni Lokesh Kabdal, Vibhor Jain, and Anurag Patil.](https://millionrounds.com/company/vyomic) VyomIC is a deep-tech startup founded in 2023 by IIT Madras alumni Lokesh Kabdal, Vibhor Jain, and Anurag Patil. *Founded* 2023 Bengaluru, India **$1.6M** last round Sept 2025
- 20 [**SunCubes** SunCubes is a Milan-based deep-tech startup founded in 2023 by engineers from Politecnico di Milano.](https://millionrounds.com/company/suncubes) SunCubes is a Milan-based deep-tech startup founded in 2023 by engineers from Politecnico di Milano. *Founded* 2023 Milan, Italy **$1.3M** last round Jul 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies founded in 2023 whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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## More defence tech lists

[See all](https://millionrounds.com/top-lists?t=Defence%20Tech)

[*SA* *AI* *H* **Defence Tech startups that raised in 2026** 132 companies · $34B in 2026](https://millionrounds.com/top-lists/defensetech-startups-raised-2026)[*SA* *AI* *S* **Defence Tech startups in the United States that raised in 2026** 69 companies · $24B in 2026](https://millionrounds.com/top-lists/defensetech-startups-united-states-raised-2026)[*U* *T* *CA* **Defence Tech startups in the United Kingdom that raised in 2026** 18 companies · $2.0B in 2026](https://millionrounds.com/top-lists/defensetech-startups-united-kingdom-raised-2026)[*RC* *FA* *ES* **Defence Tech startups founded in 2020** 13 companies · $832M](https://millionrounds.com/top-lists/defensetech-startups-founded-2020)[*CA* *A* *HA* **Defence Tech startups founded in 2024** 13 companies · $1.3B](https://millionrounds.com/top-lists/defensetech-startups-founded-2024)[*H* *SS* *MS* **Defence Tech startups founded in 2021** 11 companies · $4.8B](https://millionrounds.com/top-lists/defensetech-startups-founded-2021)[*GS* *A* *AN* **Defence Tech startups in Australia** 11 companies · $977M](https://millionrounds.com/top-lists/defensetech-startups-australia)[*S* *C* *MI* **Defence Tech startups founded in 2022** 11 companies · $7.1B](https://millionrounds.com/top-lists/defensetech-startups-founded-2022)

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