Exclusive: Defense tech startup Onebrief hits $1.1B valuation

Illustration: Maura Losch/Axios Onebrief, a maker of military workflow software, raised $20 million in new funding led by Battery Ventures at a $1.1 billion valuation, CEO Grant Demaree tells Axios Pro exclusively. Why it matters: The valuation almost doubles the company's in a February deal led by General Catalyst. How it works: Onebrief's collaborative workflow platform helps military staff from different organizations stay up to date in real-time planning, while its AI features help with decision making. Catch up quick: Defense tech funding has been on a roll, as best illustrated by raise led by Founders Fund at a $30.5 billion valuation earlier this month. What they're saying: "I think there's an understanding right now that we have to be on our front foot when it comes to defense," Brown says, speaking on current investor interest in defense tech. The bottom line: Demaree said it would be possible for the Honolulu-based company to raise again before the end of the year. Anduril founder Palmer Luckey. Photo: David Paul Morris/Bloomberg via Getty Images , the defense tech startup led by , announced Thursday that it's raised $2.5 billion in new venture capital funding at a $30.5 billion valuation. Why it matters: This gives Anduril a repriced stock to make acquisitions. Illustration: Sarah Grillo/Axios Defense-tech upstart CX2 plans to hire more people and accelerate development of its on the heels of a $31 million raise, executives told Axios. The big picture: Mastery of the electromagnetic spectrum is a life-or-death matter, and the U.S. has for years let its electronic warfare arsenal atrophy. Trump with Steve Witkoff at the White House. Photo: Al Drago/Getty Images The White House is discussing with the possibility of a meeting this week between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi, according to four sources briefed on the issue. Unlock exclusive reporting across VC, PE and M&A from Axios Pro’s industry-leading journalists. Already a subscriber? Axios Media Inc., 2025