Government · 1 deal
Every published round Department of Defense took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Sunrise Energy Metals | Venture debt | 8 Aug 2026 | $400m | Participant | Dealroom (10 Aug 2026), Dealroom (8 Aug 2026) |
Companies Department of Defense has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Sunrise Energy Metals | Australian company mining scandium | 8 Aug 2026, Venture debt | 1 | 0 |
Fund closes reported for Department of Defense, as distinct from the investments it has made.
Companies Department of Defense has backed that another company then bought. An exit for the holding, not a deal Department of Defense did.
Stories naming Department of Defense. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney quantum computing company Diraq will station an eight-qubit prototype machine inside an Equinix facility from October, a step toward moving the technology from lab to market.
US battery materials maker Sila has been conditionally offered a defence loan of as much as $1.4 billion; three other materials firms also won Pentagon-backed deals, after a July equity round.