Lux Capital

Activity from announced rounds

Activity in this selectionDefense tech

Lux Capital invests in companies emerging from the life sciences, physical sciences and computational sciences, including biotechnology, robotics, aerospace, defence and AI infrastructure.

Its investment approach includes small Seeds, Experiments and Optionality investments that let it engage with technology before a conventional venture case is established. The firm also makes thesis-driven investments and backs founders working on technically difficult problems.

Lux’s Riskgaming programme uses researched scenarios to examine how technological developments interact with geopolitics and national security. That perspective is especially relevant for founders whose commercial opportunity depends on scientific progress, industrial adoption or government demand.

Sources
Rounds participated in
12
Confirmed lead rounds
0
10 roles undisclosed
New companies
10
First participation on record · 2 follow-on
Funding in participating rounds
$2.8B
11 disclosed · full round size, not this investor’s share

By stage

Seed3
Series C+3
Undisclosed3
Series B2
Series A1

By primary sector

Defense tech8
Space tech2
AI1
Industrial tech1

By country

United States10
Nigeria1
United Kingdom1

Rounds

12 in this selection
Warhound

Warhound develops working dogs for military, law-enforcement and emergency-response teams.

$200MSeed
Participant
Impulse Space

Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics

$308MSeries D extension
Role not disclosed
Hadrian

Builds highly automated factories producing defense and aerospace systems

$1.4BSeries D
Participant
Agon

Agon develops virtual environments for defence companies and governments to train and evaluate autonomous AI systems.

$30MPre-Seed+Seed
Role not disclosed
Traysar

Develops autonomous subterranean defense platforms for military use

$25MSeed
Role not disclosed
Layup Parts

Provides on-demand composite parts manufacturing for aerospace, defense, and motorsports customers

$42MSeries A
Role not disclosed
Impulse Space

Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics

$500MSeries D
Role not disclosed
Westmag

American manufacturer of drone motors and robot actuators

$11MSeed
Role not disclosed
Armada

Builds modular edge AI data centers for remote, industrial, and defense environments

$230MSeries B
Role not disclosed
Nominal

Offers software for hardware engineers to test designs

$80MSeries B+
Role not disclosed
Terra Industries

Builds autonomous defense systems and infrastructure for countries in the Global South

$11.8MUndisclosed
Role not disclosed
Hadrian

Builds highly automated factories producing defense and aerospace systems

UndisclosedUndisclosed
Role not disclosed