Investment, funding & acquisitions

Lead: Axon Enterprise · Participating: Munkene AS

USD 10.4M led by Axon Enterprise. Trade-press confirmed; the company's own briefing page was unreachable (403), so no first-party source was read — recorded secondary, never summed. A fetchable first-party release would upgrade this in one clean row.

Lead: Expeditions Ventures · Participating: Lightspeed, Taiwania Capital, AYMO Ventures, Radius Capital

Series A, EUR 12.7M led by Expeditions Ventures (a "USD 14.7M" figure elsewhere is the same round in USD — recorded native EUR, no conversion). Trade-press sourced. Never summed.

PUBLIC-MARKET event, NOT a venture round (does NOT count). Kratos public equity offering ~USD 1.2B (14,285,714 sh @ USD84.00 = USD 1,199,999,976 gross); priced 2026-02-26. source_url is the SEC 8-K exhibit 99.2 (accession 0001069258-26-000024) stating the share count + price — figures verified in the live document.

Participating: Lakestar, OTB Ventures, 468 Capital

USD 11.8M raised (round closed ~summer 2025, disclosed at the Jan 2026 stealth exit). No designated lead — Lakestar anchor with OTB Ventures + 468 Capital. Trade-press sourced; the company stealth-exit page would upgrade this. Never summed.

Acquirer: UVision · Target: SpearUAV

UVision acquires SpearUAV; transaction sum not revealed (undisclosed). Recorded ONCE on the target spearuav. Acquirer UVision is also in-directory maker uvision — this single event links two directory rows. Acquisition — never summed.

Lead: Sequoia Capital · Participating: 8VC, Thiel Capital, NATO Innovation Fund, In-Q-Tel, Project A, Döpfner Capital

Series B, USD 62M led by Sequoia at a ~USD 500M valuation (total raised >USD 100M). Trade-press sourced — no company release found; a German Handelsregister capital-increase filing would upgrade this to primary. Never summed.

Lead: Inflection

USD 3M pre-seed EXPANSION tranche led by Inflection, bringing the total pre-seed to USD 4.4M (a "EUR 2.5M" figure elsewhere is the EUR rendering of this same USD 3M — not a separate raise). Aggregator-tier. Never summed.

PUBLIC-MARKET event, NOT a venture round (event_type=public_offering → does NOT count toward the floor). AeroVironment common-equity offering ~USD 875M (3,528,226 sh @ USD248.00); a separate USD 650M 0% Convertible Senior Notes due 2030 priced the same day is NOT summed in (amount_raw records the common offering only). Priced 2025-07-01. Use of proceeds: repay BlueHalo acquisition debt. source_url is the SEC 424B5 common-stock prospectus supplement (filed 2025-07-03, accession 0001104659-25-065459) — figures verified in the live document; distinct from the BlueHalo acquisition 8-K.

PUBLIC-MARKET event, NOT a venture round (does NOT count). Kratos public equity offering USD 575M (14,935,065 sh @ USD38.50); completed 2025-06-30. source_url is the Kratos IR newsroom completion release — figures verified in the body.

Lead: Vy Capital · Participating: Sequoia Capital, Interlagos, D3, Keller Rinaudo Cliffton

Neros' EARLIER Series A (USD 35M led by Vy Capital). Its Series B is already recorded as a primary counting round — this Series A is trade-press only (no neros.tech page exists for it). Never summed.

Acquirer: AeroVironment · Target: BlueHalo

OUTBOUND acquisition BY in-directory maker AeroVironment: acquires BlueHalo (free text, outside directory) for ~USD 4.1B all-stock ENTERPRISE VALUE; closed 2025-05-01. Acquisition — never summed. source_url is the AeroVironment SEC 8-K exhibit announcing the May 1 2025 completion (distinct from the public_offering row).

PUBLIC-MARKET event, NOT a venture round (does NOT count). Private placement NOK 45M (90M sh @ NOK0.50) announced 2024-10-30, plus a subsequent offering up to NOK 10M; final results 2024-12-06 (closed_date). amount_raw records the NOK45M placement only. NOK FX-supported. source_url is the specific Euronext Oslo Bors company-news disclosure (the regulated-disclosure stream surfaced at newsweb.oslobors.no) — body confirms 90,000,000 shares / NOK 45M gross / NOK 0.50 per share.

Acquirer: Parcom Capital · Target: Robin Radar Systems

Parcom (Parcom Capital, PE) acquires a majority stake in Robin Radar Systems; financial details not disclosed. Acquisition — never summed. source_url is the canonical Robin Radar news post (resolves; body names Parcom and the acquisition).

Acquirer: Patria · Target: Nordic Drones Oy

Acquisition of Nordic Drones Oy by Patria; closed 2024-10-01 after Finnish MEE (TEM) approval. Amount undisclosed. Recorded and displayed, never summed into the funding total.

Acquirer: Bridgepoint · Target: MyDefence

Bridgepoint (Bridgepoint Development Capital IV) becomes majority shareholder of MyDefence; amount undisclosed. Deal completed 2024-05-31, announced 2024-06-03 (dates now pinned via the Bridgepoint release filename + MyDefence newsroom). source_url is the canonical Bridgepoint press-release page (resolves HTTP 200; body confirmed via the MyDefence newsroom mirror mydefence.com/new-major-shareholder-at-mydefence). MyDefence USD 26M US Army order is a CONTRACT, kept out. Acquisition — never summed.

Acquirer: Axon Enterprise · Target: Dedrone

deal primary-confirmed (Axon IR); price not disclosed by Axon — reported ~$400M is secondary, not recorded.

Acquirer: Teledyne Technologies · Target: FLIR Systems

Teledyne Technologies acquires FLIR Systems for ~USD 8.2B incl. net debt (USD28.00 cash + 0.0718 Teledyne shares per FLIR share); closed 2021-05-14 (USD8.2B at close vs ~USD8.0B at announce 2021-01-04). OLDER event (2021) carried as a STANDING FACT. Acquisition — never summed. source_url is the Teledyne SEC 8-K press-release exhibit announcing the May 14 2021 completion.

Lead: Adderstone Group

A "seven-figure" GBP equity investment by Adderstone Group into the SkyWall counter-UAS maker (May 2019). Amount NOT pinned to a single figure — recorded UNDISCLOSED rather than invent one. Old. Never summed.

Acquirer: Terra Drone · Target: C-Astral

Terra Drone Corporation acquires a strategic stake in C-Astral; amount undisclosed. Announced 2019-04-12; completion ~November 2020 (closed_date left NULL to avoid false precision — note it). OLDER event carried as a STANDING FACT per the window rule. Acquisition — never summed.

Acquirer: Redwire · Target: Edge Autonomy

Redwire Corporation acquires Edge Autonomy for USD 925M (USD150M cash + USD775M Redwire stock); closed 2025-06-13. Acquisition — never summed. source_url is the Redwire SEC 8-K press-release exhibit stating the USD 925M terms.

Lead: Spark Capital · Participating: Lakestar, Lux Capital, Accel, D3

Series A, USD 100M led by Spark Capital (announced ~July 2025; ~USD 130M raised in year one). A separate USD 300M @ USD 3.5B is IN TALKS, not closed — deliberately excluded. Trade-press sourced. Never summed.

Acquirer: Ondas Holdings · Target: Sentrycs

Ondas Holdings completes acquisition of Sentrycs. Deal + close confirmed by Ondas IR. Amount recorded NULL: the reported USD 225M (USD125M cash + up to USD100M stock) is SECONDARY (SEC-filing reporting), NOT in the Ondas completion release. Acquisition — never summed.

PUBLIC-MARKET event, NOT a venture round (does NOT count). Prague Stock Exchange share issuance CZK 90M (2021) — the single clean figure; the 2018 IPO (CZK63M) and a later up-to-CZK170M target are separate/historical and NOT recorded here. Announced May 2021 (announced_date left NULL — only month known). OLDER event, CZK FX-supported.

Lead: Change Ventures · Participating: Silicon Roundabout Ventures

EUR 4M pre-seed (~October 2024) — a MIXED structure (~EUR 2.4M VC led by Change Ventures plus ~EUR 1.6M EU grants / Latvian MoD support), so not a clean equity round. Aggregator-tier. Never summed.

Participating: Bo Møller, Jesper Hougaard

DKK 10M capital round (announced_date unconfirmed, ~2025) backed by angels Bo Møller and Jesper Hougaard; a prior DKK 50M round is separate. Aggregator snippet only — weakest candidate. DKK FX-supported. Never summed.