Series B Funded Government and Military Startups
Among the 10 most recent Series B government and military rounds shown, the largest disclosed amount is Chaos’s $145M (2024-11-13).
Among the 10 most recent Series B government and military rounds shown, the largest disclosed amount is Chaos’s $145M (2024-11-13). Mach Industries then stands out as the only other disclosed round above $75M at $100M (2025-06-17), while several others cluster much lower, including Prepared at $27M (2024-09-26) and Verve Motion at $20M (2023-12-13), framing Chaos as a clear disclosed outlier.
Timing and geography also show concentration. The latest entry is Mach Industries on 2025-06-17, and the oldest shown is Merit on 2022-01-12, spanning roughly three years. Several rounds cluster tightly across late 2024: Chaos ($145M on 2024-11-13), Prepared ($27M on 2024-09-26), Forterra ($75M on 2024-09-10), and Onebrief (undisclosed on 2024-08-21). Cities are mostly single entries, but California appears repeatedly across multiple companies—Mach Industries (Huntington Beach) and Pano (San Francisco) plus Chaos (Los Angeles) and Merit (Millbrae)—suggesting a state-level pattern rather than one dominant city. Outliers by disclosure also matter: Onebrief’s amount is undisclosed, leaving 9 disclosed figures for size comparisons.
Most recent rounds
10 shownRelated listings
Frequently asked
What’s the biggest disclosed Series B round here, and does it dwarf the rest?
Chaos’s $145M on 2024-11-13 is the largest disclosed round in the list and is significantly larger than the next-largest disclosed amount at $100M for Mach Industries on 2025-06-17. Most other disclosed rounds sit well below that level, including Prepared at $27M (2024-09-26) and Verve Motion at $20M (2023-12-13).
Are there noticeable time clusters among these Series B government and military rounds?
Yes. Late 2024 accounts for multiple entries: Forterra closes $75M on 2024-09-10, Prepared closes $27M on 2024-09-26, Chaos closes $145M on 2024-11-13, and Onebrief appears on 2024-08-21 (amount undisclosed). The newest is Mach Industries on 2025-06-17, while the oldest shown is Merit on 2022-01-12.
Which geography pattern is strongest: one city dominating, or something broader?
No single city repeats, but California shows multiple entries: Mach Industries (Huntington Beach) on 2025-06-17, Pano (San Francisco) on 2025-06-16, Chaos (Los Angeles) on 2024-11-13, and Merit (Millbrae) on 2022-01-12. That points to a state-level cluster rather than a single municipal hub.
How should analysts handle disclosure gaps when comparing round sizes?
Onebrief on 2024-08-21 lists an undisclosed amount, so comparisons of “largest” and “range” rely on the remaining 9 disclosed figures. Within the disclosed set, Chaos at $145M (2024-11-13) and Mach Industries at $100M (2025-06-17) define the high end, while Verve Motion at $20M (2023-12-13) anchors the lower end.
Which rounds fall closest to the most recent date in this window?
Relative to the newest entry (Mach Industries on 2025-06-17), the immediately adjacent rounds are Pano on 2025-06-16 ($44M) and Daupler on 2025-03-06 ($15M). A separate early-2025 cluster also appears with Firehawk Aerospace on 2025-01-05 ($60M).
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