Defence
Autonomous systems, drones, defence-tech
Largest rounds
Largest Defence funding rounds
A live treemap of $100M+ rounds from the Dealroom API. Filter by company headquarters, or drag the year slider to include earlier rounds.
Largest Defence rounds - Global 2026
VC investment
When the capital landed in Defence
VC investment into Defence companies over the last decade, broken down by round size, company location, sector and funding stage. Counts VC rounds into companies tagged or classified to Defence. Live from the Dealroom Next Gen API.
Related market maps
Dive deeper: Defence market maps
Hand-curated landscape charts from the Dealroom data team. Each map ranks every tracked startup in the segment by valuation, revenue, growth and funding.
Browse the full collection of 5+ market maps on Dealroom.
🔥 Hottest sub-sectors
What's heating up inside Defence
Defence sub-sectors ranked by Dealroom's curated signal score (combines funding velocity, unicorn formation, recency). Tap any row to open the live Dealroom sector page with the underlying companies.
Heat = 50% YoY VC growth (capped at 5×) + 30% new unicorns 2025 + 20% scale (log EV). Filter floor: ≥30 VC-backed companies, ≥$1B sub-sector EV, ≥$10M last-12mo VC.
Sector comparison
How Defence stacks up
Compare Defence with the other simplified sectors — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for every sector.
Combined enterprise value of each sector.
Every simplified sector ranked by combined EV. Defence's row is highlighted (#15).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | AI | $3.5T | 9.2× | 320 | $145B | 18.5K |
| 2 | Fintech | $1.9T | 4.8× | 318 | $38B | 21.8K |
| 3 | Other B2B Software | $1.7T | 4.4× | 305 | $28B | 36K |
| 4 | Consumer Services | $1.3T | 2.4× | 220 | $22B | 23K |
| 5 | Biotech & Life Sciences | $1.1T | 3.4× | 158 | $26B | 9,200 |
| 6 | eCommerce & Marketplaces | $1.1T | 2.8× | 175 | $18B | 18.8K |
| 7 | Energy | $920B | 6.2× | 110 | $32B | 7,600 |
| 8 | Transportation | $880B | 3.7× | 88 | $19B | 4,400 |
| 9 | Health Tech & Medtech | $720B | 4.1× | 142 | $16B | 12.4K |
| 10 | Cybersecurity | $480B | 4.4× | 92 | $14B | 6,800 |
| 11 | Space | $380B | 5.6× | 32 | $7.4B | 1,400 |
| 12 | Food | $320B | 3.0× | 56 | $5.8B | 4,200 |
| 13 | Semiconductors | $240B | 7.6× | 26 | $8.4B | 980 |
| 14 | Edtech | $220B | 2.1× | 38 | $4.2B | 5,800 |
| 15 | Defence | $175B | 7.8× | 28 | $6.2B | 720 |
| 16 | Robotics | $165B | 6.1× | 28 | $9.1B | 1,600 |
| 17 | Marketing | $150B | 3.6× | 38 | $4.4B | 6,200 |
| 18 | Aviation | $95B | 4.2× | 12 | $3.8B | 540 |
Geographic concentration
Where Defence startups concentrate
Cities and countries ranked by Defence unicorns headquartered there, plus countries that over-index the global average (5× = 5× more represented than globally).
Premium analytics
What we don't show on this page (yet)
Founder origins, AI-talent leaderboards, live deal flow and the patent landscape are gated to logged-in Dealroom users. Book a demo to access the full Defence dataset.
Market sentiment
What the market is saying about Defence
An AI-synthesized read of the highest-engagement posts about Defence on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
Get the full Defence sector on Dealroom
Live deal flow, founder pedigree, hiring signals and revenue trajectories — for every Defence startup.