Tony Blair’s son seeks $200M for Pyra, his second defence tech startup after Skyral — TFN
Nick Blair is in talks to raise about $200 million for Pyra, a defence startup. Pyra hasn’t released…
Kraken Technology Group becomes Europe’s newest maritime defence unicorn — TFN
Kraken Technology Group, a British maker of uncrewed vessels, has raised $175 million in Series B funding, pushing…
Sequoia and Founders Fund just backed a drone startup Stark whose drones failed: report — TFN
Stark raised €500 million, surpassing the approximately €300 million it was seeking, from Sequoia, Founders Fund, and the…
Ukrainian housewives and their drones: Cottage industry
Europe throws billions at its defence sector. Ukraine’s kitchen-table innovators are already cashing in. Great news for Ukrainian…
Ukrainian defence tech gets investment boost
The Fourth Law secures strategic investment to accelerate drone AI development for Ukraine. The Fourth Law (TFL), a…
Canada Rocket Company wants Canada to stop hitching rides to space
CRC emerges from stealth with $6.2 million and a plan to give Canada sovereign rockets.
Canada’s space…
NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
Two Canadian companies…