CHAOS Industries has raised $510 million in new funding to expand development and manufacturing of its sensing and timing technologies for defense applications. The round was led by Valor Equity Partners, with participation from existing investors 8VC and Accel, valuing the company at $4.5 billion, CHAOS said Thursday. The latest raise brings CHAOS’s total funding to more than $1 billion since its founding three years ago.
What Will the Funding Support?
The new capital will accelerate work on CHAOS’s Coherent Distributed Networks technology, a system designed to improve detection and response timelines against autonomous and unmanned aerial threats. The funding comes amid rising global and domestic concern over unmanned aircraft systems. U.S. officials have reported increased cartel-operated drone activity along the southern border. In September, Russia launched more than 5,600 unmanned aircraft vehicles into Ukraine, the highest monthly total since the war began.
Why Are Investors Interested?
Valor Equity Partners founder Antonio Gracias, who will join CHAOS’s board, said the company’s technology addresses the shrinking decision timelines posed by autonomous threats. “CHAOS is developing the sensing and timing capabilities needed to restore that time advantage for U.S. and allied forces,” he continued. “We look forward to bringing Valor’s operational expertise to support the company as it continues to scale.”
How Does Ziva Fit Into the Expansion?
The company recently acquired Ziva, a developer of wireless time-synchronization technology used in radar, sensing and distributed operations. CHAOS said Ziva’s capabilities will support its networked detection systems, which require precise timing across sensors and nodes to improve accuracy and resilience in the field.
With new funding, existing contracts and Ziva’s team integrated, CHAOS plans to expand its distributed sensing portfolio to support U.S. and allied defense customers as multi-domain and autonomous threats continue to evolve.
“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.”
