Market
Lanes are never summed. Equity is Form D filings and matched press rounds; awards and exits will have their own sources.
Defense & space: subsectors
5 subsectors, sized by amount sold · 90 days to 2026-10-04 · as of 2026-10-04MEGA-ROUNDS · $500M+1 in this window · Castelion Corp · $647M sold of $800M offered · Series C+ · Defense & space · Torrance, CA · filed 2026-08-28
as of 2026-10-0416 rounds not yet in a sector
16 rounds not yet in a sector
- ▲ Rising
- Steady
- Leaning (80%)
- ▼ Falling
- Quiet
Coloured by subsector state, 28 days to 2026-10-03 vs prior 28; shaded when the change is clear at 90% confidence, palest when only at 80%.
Equity · amount sold
Capital by week
Dollars sold per filing week, round count under each bar · 4 weeks to 2026-10-04 · as of 2026-10-04Stage mix
Inferred stage · 90 days to 2026-10-04 · as of 2026-10-04- Pre-seed123 roundsPre-seed rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $157MAmount sold in original Pre-seed filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
- Seed383 roundsSeed rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $1.2BAmount sold in original Seed filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
- Series A287 roundsSeries A rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $3.7BAmount sold in original Series A filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
- Series B88 roundsSeries B rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $3.5BAmount sold in original Series B filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
- Series C+84 roundsSeries C+ rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $28.8BAmount sold in original Series C+ filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
- Stage not inferred7 roundsStage not inferred rounds filed in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed → · $1.0BAmount sold in original Stage not inferred filings in the 90 days to 2026-10-04 · as of 2026-10-04How this is computed →
Bar length is each stage’s share of the window’s rounds. Dollars of original filings only: an amendment’s restated amount counts in the map, not here. Stage is inferred from the amount sold, never stated on Form D; a stage named in a press release wins.
Where it landed
Which states the money was raised from, by the company's HQ · 90 days to 2026-10-04 · as of 2026-10-04- $0+
- $353M+
- $1.4B+
- $3.2B+
- $5.7B+
Mega-rounds shown separately (see the band above)
Rounds
Newest first · every row traces to a Form D on EDGAR or a matched press release · as of 2026-10-04| Company | Sector | Stage | Sold of offered | Filed | HQ | Exemption | Open roles | Hiring | Flags | |
|---|---|---|---|---|---|---|---|---|---|---|
| Varda Space IndustriesQuiet$251M · Series D · Defense & space · El Segundo, CA · 2026-09-30New | Varda Space IndustriesNew | Defense & space | Series D | $251MAmount sold on the filing of 2026-09-30 · as of 2026-10-04How this is computed → | 2026-09-30 | El Segundo, CA | — | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | New |
| Fenix SpaceQuiet$5.0M of $6.0M · Seed · Defense & space · 506(b) · San Bernardino, CA · 2026-09-23 | Fenix Space | Defense & space | Seed | $5.0M of $6.0MAmount sold of the amount offered on the filing of 2026-09-23 · as of 2026-10-04How this is computed → | 2026-09-23 | San Bernardino, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | |
| Fenix Space: $4.2M of $5.0M · Seed · Defense & space · 506(b) · San Bernardino, CA · 2026-09-23 | Fenix Space | Defense & space | Seed | $4.2M of $5.0MAmount sold of the amount offered on the filing of 2026-09-23 · as of 2026-10-04How this is computed → | 2026-09-23 | San Bernardino, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | |
| VirtualiticsHiring actively$10.0M of $15.0M · Series A · Defense & space · 506(b) · Pasadena, CA · 2026-09-01AI-native | VirtualiticsAI-native | Defense & space | Series A | $10.0M of $15.0MAmount sold of the amount offered on the filing of 2026-09-01 · as of 2026-10-04How this is computed → | 2026-09-01 | Pasadena, CA | 506(b) | 32The company's open roles on its careers page · as of 2026-10-04How this is computed → | Hiring actively | AI-native |
| CastelionQuiet$647M of $800M · Series C+ · Defense & space · 506(b) · Torrance, CA · 2026-08-28 | Castelion | Defense & space | Series C+ | $647M of $800MAmount sold of the amount offered on the filing of 2026-08-28 · as of 2026-10-04How this is computed → | 2026-08-28 | Torrance, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | |
| PixxelQuiet$73.0M of $125M · Series C+ · Defense & space · 506(b) · El Segundo, CA · 2026-08-18 | Pixxel | Defense & space | Series C+ | $73.0M of $125MAmount sold of the amount offered on the filing of 2026-08-18 · as of 2026-10-04How this is computed → | 2026-08-18 | El Segundo, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | |
| AerdosHiring actively$6.6M of $6.6M · Series A · Defense & space · 506(b) · San Francisco, CA · 2026-08-18AI-native | AerdosAI-native | Defense & space | Series A | $6.6M of $6.6MAmount sold of the amount offered on the filing of 2026-08-18 · as of 2026-10-04How this is computed → | 2026-08-18 | San Francisco, CA | 506(b) | 2The company's open roles on its careers page · as of 2026-10-04How this is computed → | Hiring actively | AI-native |
| WindBorneHiring actively$37.1M of $37.1M · Series B · Defense & space · 506(b) · Redwood City, CA · 2026-08-17 | WindBorne | Defense & space | Series B | $37.1M of $37.1MAmount sold of the amount offered on the filing of 2026-08-17 · as of 2026-10-04How this is computed → | 2026-08-17 | Redwood City, CA | 506(b) | 20The company's open roles on its careers page · as of 2026-10-04How this is computed → | Hiring actively | |
| AzoraQuiet$7.7M of $7.7M · Series A · Defense & space · 506(b) · San Francisco, CA · 2026-07-24 | Azora | Defense & space | Series A | $7.7M of $7.7MAmount sold of the amount offered on the filing of 2026-07-24 · as of 2026-10-04How this is computed → | 2026-07-24 | San Francisco, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet | |
| Apex SpaceHiring actively$157M of $157M · Series C+ · Defense & space · 506(b) · Los Angeles, CA · 2026-07-22 | Apex Space | Defense & space | Series C+ | $157M of $157MAmount sold of the amount offered on the filing of 2026-07-22 · as of 2026-10-04How this is computed → | 2026-07-22 | Los Angeles, CA | 506(b) | 137The company's open roles on its careers page · as of 2026-10-04How this is computed → | Hiring actively | |
| PicogridQuiet$45.0M of $45.0M · Series B · Defense & space · 506(b) · El Segundo, CA · 2026-07-13 | Picogrid | Defense & space | Series B | $45.0M of $45.0MAmount sold of the amount offered on the filing of 2026-07-13 · as of 2026-10-04How this is computed → | 2026-07-13 | El Segundo, CA | 506(b) | 0The company's open roles on its careers page · as of 2026-10-04How this is computed → | Quiet |