Ballistic Ventures

Capital Raising · Americas

Firehawk Aerospace, a propulsion technology developer, secured over $150M in Series D funding at a valuation above $1.4B, led by Advent and Rochefort.

Capital Raising · Americas

Irvine, California-based radiation-hardened electronics maker Iris Technology received a strategic investment from private equity firm OceanSound Partners to expand engineering, manufacturing and product development. Financial terms were not disclosed; founder and CEO Ed O'Rourke retains a significant stake and continues to lead.

Capital Raising · Americas

Air Space Intelligence (ASI) announced a $325M Series C at a $3B valuation, led by Spark Capital with participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners and Andreessen Horowitz. The funding will support expansion of its airline operations software into defense, air traffic management and energy.

Capital Raising · Americas

Maritime Launch Services has received conditional approval from the Toronto Stock Exchange to list its shares, a step toward a Canadian public listing for the Spaceport Nova Scotia developer.

Capital Raising · Americas

Saronic, an autonomous sea vessel developer and U.S. Navy customer, secured $1.75 billion Series D funding in March 2026, achieving a $9.25 billion valuation. The company announced a $3 billion+ investment in a next-generation shipyard in Brownsville, Texas focused on software-defined shipbuilding and autonomous maritime systems.

Capital Raising · Americas

Armadin, an AI-native cybersecurity company, raised $255.5M in Series B funding at a $2.5B+ valuation, just 7 months after emerging from stealth. Round co-led by a16z and Accel with participation from Bain Capital Ventures, Redpoint, and existing investors.