Defense technology startup Chaos Industries reaches $2 billion valuation

Defense technology startup Chaos Industries reaches $2 billion valuation | INFBusiness.com

The new round was led by Accel and New Enterprise Associates with participation from StepStone Group, Overmatch Ventures, Tru Arrow Partners and Valor Equity Partners.

The Los Angeles-based startup specializes in advanced detection, monitoring, and communications solutions for the defense and commercial sectors. The company's Vanquish radar provides early warning and tracking of unmanned aerial vehicles, missiles, and aircraft.

“CHAOS Industries delivers transformative solutions that address critical defense challenges,” said Founder and Co-CEO John Tenet. “The future of our national security depends on our access to advanced defense technologies and our willingness to invest in their development. This latest round of funding demonstrates our company’s commitment to this mission.”

Founded in 2022, Chaos has raised $490 million, according to the company.

Source: crunchbase

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