Benchmark is leading a $25M seed round into Furientis, a one-year-old defense startup focused on mass-producing low-cost missile interceptors. The company, valued at $125M, already holds a funded Pentagon contract for mid-range interceptors, having completed a dozen successful launches with its prior $5M pre-seed funding.
Background
U.S. defense spending on startup interceptor technology has surged following missile shortages exposed by conflicts in Ukraine and Iran. Venture firms historically avoided defense investments but are now actively entering the sector.
- Source
- TechCrunch
- Published
- Oct 7, 2026 at 12:29 AM
- Score
- 7.0 / 10