Defense Startup Funding Hits An All-Time Record As VCs Begin To Eye Exits

A decade ago, defense tech was considered a niche, even controversial corner of venture capital, with few startup investors daring to place bets on companies working with the military.

How times have changed. Already this year, more than $14.6 billion in venture investment has gone into companies in Crunchbase’s military, national security and law enforcement categories, blowing past the sector’s previous annual record of $9.6 billion raised in all of 2025. READ MORE