Tech Company Financing Transactions
Castelion Funding Round
Castelion, operating out of Washington, secured $14.2 million from Andreessen Horowitz, BlueYard Capital and Champion Hill.
Transaction Overview
Company Name
Announced On
10/6/2023
Transaction Type
Venture Equity
Amount
$14,200,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Undisclosed
Washington, DC Undisclosed
USA
Washington, DC Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Castelion is bringing a new approach to defense development and production: one that focuses on short, iterative design cycles, rapid testing in development, and modern commercial manufacturing strategies for production at scale. We're designing, building, and testing next generation long range strike weapons systems to give America and its Allies a definitive edge and deter future conflicts.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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