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CHAOS Industries Raises $510 Million Led by Valor Equity Partners to Accelerate Next-Generation Defense Systems

LOS ANGELES–(BUSINESS WIRE)–CHAOS Industries, the defense technology company building Coherent Distributed Networks (CDN™) systems that give warfighters time to act against borders and autonomous threats, today announced it has raised $510 million in new funding led by Valor Equity Partners, with participation from previous investors 8VC and Accel, at a $4.5 billion valuation. This latest raise comes just four months after CHAOS’s $275 million Series C, bringing the company’s total funding to over $1 billion since its founding three years ago. The new capital will support expanded product development and manufacturing.

“This funding is both validation of our long-term vision and a testament to the world-class team behind it—builders from Silicon Valley and leaders from defense and government,” said John Tenet, co-founder and CEO of CHAOS Industries. “We’re incredibly proud of recent milestones like our work with Eglin Air Force Base and collaborations across the broader defense technology ecosystem. This new capital ensures we can continue to exponentially scale our capabilities to deliver domain dominance near and far.”

The funding comes at a time of heightened concern over unmanned aerial systems (UAS) globally and domestically. In September 2025 alone, Russia launched over 5,600 drones into Ukraine—a 38 percent increase from August—marking the highest number since the war began. At the U.S. southern border, the Homeland Security and Defense Departments have recorded a surge of cartel-operated UAVs used for smuggling and surveillance, with federal agencies preparing new counter-UAS deployments.​

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