Last updated
Ballistic Ventures: Capital Raising
US cybersecurity-focused VC firm Ballistic Ventures is seeking to raise up to $490m across two new funds, less than three years after closing an oversubscribed $360m second flagship fund.
Source: AltAssets PE
- Who
- Ballistic Ventures · Defence Technology · USA
- What happened
- US cybersecurity-focused VC firm Ballistic Ventures is seeking to raise up to $490m across two new funds, less than three years after closing an oversubscribed $360m second flagship fund.
- When
- 2026-11-11
- Source
- AltAssets PE
- So what
- Ballistic Ventures raising is a leading indicator for everyone it is about to fund.
The leadership read
Ballistic Ventures raising is a leading indicator for everyone it is about to fund. Capital at the fund level converts into operator demand across a portfolio, not into appointments at the manager. The Americas question is which stage and sector the fund leans into, because that is the shape of the hiring that follows next year.
Market context: Backdrop: a 97.6 (Neutral) Talent Market Index (down 3.4 on the month) with Americas activity easing (-15.6pts).
Ballistic Ventures: 1 signal in the last 90 days — in line with the Defence Technology median of 1 across 78 tracked companies.
MitchelLake in this thematic
More signals across Defence Technology
Capital Raising · Americas
Firehawk Aerospace →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
Iris Technology Corporation →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 →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 Inc. →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 →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 →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.
Where this lands in our work
- Executive Search →
Capital raised becomes leadership hired — the executive build follows the announcement.
- Executive Search: Americas →
Our Americas practice runs the searches behind signals like this one.
Intelligence powered by Autonodal ↗
