Article

Defense Unicorns raised $136 million in a Series B funding round led by Bain Capital, increasing its valuation to over $1 billion. The funding included participation from Ansa Capital, Sapphire Ventures, and David Petraeus.

Founded in 2021 and based in Colorado, the company specializes in air-gapped software for military applications. The increased share of Pentagon contracts awarded to U.S. defense technology companies highlights the growing importance of private sector innovation in national security. The new capital will facilitate the expansion of Defense Unicorns' secure software solutions and strengthen its relationships with federal agencies.