CHAOS Industries raises $275M Series C at $2B valuation
CHAOS Industries closed a $275 million Series C led by NEA and co-led by Accel at a reported $2 billion valuation.
Why it matters
CHAOS Industries raised $275 million in Series C funding to expand defense sensing products and manufacturing capacity.
Evidence notes
- Forbes reported the $275 million Series C valued CHAOS Industries at $2 billion.
- NEA led the round and Accel co-led, with StepStone Group, Overmatch Ventures, Tru Arrow Partners and Valor Equity Partners participating.
- The company said the financing brought total funding since inception to $490 million and would scale defence sensing, monitoring and communications systems.
Company context
US defence-technology company developing distributed radar, sensing and autonomous aerospace systems.