What Is Castelion’s Valuation in 2026? $13B After $1B
Castelion closed a $1B Series C on August 19, 2026: $800M equity plus a $250M revolver, at $13B. JPM, a16z, and Carlyle co-led. Google still ranks the $350M Series B. Revenue was not disclosed.
deep-tech — Venture Capital Articles & Research
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Related Articles (52 articles)
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Gravis Robotics Raises $200M Series A from SoftBank — Retrofit Excavator Autonomy
SoftBank is the sole investor in Gravis’s $200M Series A (Aug 17, 2026). ETH Zurich spinout sells a mixed-fleet autonomy kit — physical AI for earthmoving, not a new OEM.
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Why Did Heaviside Hit $600M Three Months After Stealth?
Heaviside’s $60M Series B (Felicis, Aug 12) prints $600M three months after a $28M stealth A. Nammo will supply warheads. Revenue and contract values were not disclosed. Here is what the round actually tells you.
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Cambridge Aerospace’s $300M Series C at $3.4B: Cheap Interceptors vs Expensive Missiles
DFJ Growth led Cambridge Aerospace’s $300M Series C as Lux, Accel, and Lakestar returned — Skyhammer sells low-cost air defence against Shahed-class drones.
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Hadrian's $1.37B at ~$8B: Defense Factories, Not Defense Weapons
Hadrian raised $1.37B at a ~$7.87B valuation to scale automated factories that make parts for submarines, aircraft, and vehicles — with a16z, Founders Fund, and Lux still in the syndicate.
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Aurelius Systems' $40M Series A: Autonomous Lasers for Drone Swarms
Draper and KAS co-led Aurelius Systems’ $40M Series A for Archimedes, an autonomous directed-energy counter-drone platform — General Catalyst returns after co-leading the seed.