Defense startup Epirus in talks to raise over $150M, potentially cutting valuation 

Quick Summary:

Only time will tell if 2025 defense funding will reach the highs of last year, where startups in the space had scored almost $3 billion by November.

The startup has already raised nearly $300 million from investors like DCVC and Bedrock, according to PitchBook.

The round could give the company, which develops technology to intercept drones, a valuation of about $1 billion.

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Article Details

Author / Journalist: Margaux MacColl

Category: Technology

Markets: United States

Topics: Defense tech Shield ai Venture Joe Lonsdale Anduril 8VC

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 23:41:35 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 151 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25020291

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