Chaos Industries, a defense and critical infrastructure technology startup, secured a $275 million Series C less than six months after receiving $145 million in a Series B, reportedly valuing the business at $2 billion.

With participation from StepStone Group, Overmatch Ventures, Tru Arrow Partners, and Valor Equity Partners, Accel and fresh Enterprise Associates led the fresh round.

Advanced detection, monitoring, and communication solutions for the commercial and defense industries are the startup’s area of expertise. It is situated in Los Angeles. Early warning and tracking capabilities against airplanes, missiles, and unmanned aerial systems are offered by the company’s Vanquish radar.

In a statement, founder and co-CEO John Tenet said, “CHAOS Industries is delivering transformative solutions that address critical defense objectives.” Our ability to get cutting-edge defense technology and our readiness to make investments in their advancement will determine the future of our national security. Our company’s dedication to this purpose is demonstrated by the most recent fundraising round.

According to the corporation, Chaos, which was founded in 2022, has raised $490 million.

As the week came to a close, Chaos wasn’t the only defense tech firm in the news.

According to a source, Mach Industries, a company that creates weaponry and vertical liftoff vehicles that sit on the edge of space, is almost done with a $100 million round that is co-led by new investment Khosla Ventures and current investor Bedrock Capital.

According to the research, funding for VC-backed firms in the defense sector, which is defined here as the military, national security, and law enforcement sectors, reached $3 billion in 102 deals last year. Compared to 2023, when 100 announced rounds raised $2.7 billion, that is a mere 11% increase.