Total amount raised
$119.6 Millions
Latest funding date
01/01/2025
Location
Castelion Corporation is at the forefront of modern defense production, focusing on the rapid development and mass production of next-generation military systems. The company emphasizes low-cost, high-cadence testing and incremental design improvements to achieve global stability through deterrence.
Keep reading to explore the intricacies of Castelion's innovative approach to defense technology and the services they offer, including hypersonic testing and vehicle sub-systems.
What Is Castelion?
Castelion Corporation is a defense production company focused on creating advanced military systems to ensure global stability through deterrence. They emphasize rapid development, mass production, and high-cadence testing to deploy new capabilities quickly and affordably.
The company offers services such as hypersonic testing, vehicle sub-systems, and strike systems, all designed to be compatible with existing platforms. Castelion's approach aims to maintain a global technical edge and deter future wars.
How Much Funding Has Castelion Raised?
- Pre-Seed Round
- Amount Raised: $5.4M
- Date: April 2023
- Lead Investors: Lavrock Ventures
- Seed Round
- Amount Raised: $14.2M
- Date: October 2023
- Lead Investors: Andreessen Horowitz
- Series A
- Amount Raised: $70M
- Date: January 2025
- Lead Investors: Lightspeed Venture Partners
- Debt Financing
- Amount Raised: $30M
- Date: January 2025
- Lead Investors: Silicon Valley Bank
In total, Castelion has raised $119.6M.
Key Investors
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. They have a global presence with investments in the U.S., China, India, and Israel.
- Investment Focus Areas: Enterprise, consumer, health, fintech
- Notable Investments: Snap, Affirm, MuleSoft
- Silicon Valley Bank
- Details: Silicon Valley Bank provides various financial services to startups, growth companies, venture capital firms, and private equity. They are known for their deep expertise in the innovation sector.
- Investment Focus Areas: Technology, life sciences, venture capital, private equity
- Notable Investments: Not publicly disclosed
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private venture capital firm that backs bold entrepreneurs building the future through technology. They have a diverse portfolio across various stages and sectors.
- Investment Focus Areas: Software, fintech, bio, consumer
- Notable Investments: Facebook, Airbnb, Coinbase
- Lavrock Ventures
- Details: Lavrock Ventures is an early-stage venture capital firm that invests in enterprise software and cybersecurity companies. They focus on helping startups scale and achieve their full potential.
- Investment Focus Areas: Enterprise software, cybersecurity, data analytics
- Notable Investments: Not publicly disclosed
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