--- title: Castelion hits $13B valuation to mass-produce hypersonic... description: Castelion, a hypersonic missile startup founded by former SpaceX executives, raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen... canonical: https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Castelion hits $13B valuation to mass-produce hypersonic missiles | daily.dev og:description: Castelion, a hypersonic missile startup founded by former SpaceX executives, raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen... og:url: https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i og:image: https://api.daily.dev/og/posts/gsB6nau1i.png og:image:alt: Castelion hits $13B valuation to mass-produce hypersonic missiles og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Castelion hits $13B valuation to mass-produce hypersonic missiles **[TechCrunch](https://daily.dev/sources/tc)** · 1 min read · 0 upvotes · 0 comments ## Summary Castelion, a hypersonic missile startup founded by former SpaceX executives, raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen Horowitz, Carlyle, and JP Morgan Chase. The round included $800 million in equity and a $250 million revolving credit facility, with participation from existing backers Lightspeed, General Catalyst, and Altimeter. Founded in 2022, Castelion has already secured over $500 million in U.S. military contracts and aims to manufacture hypersonic weapons faster and cheaper than traditional defense primes, using the new capital to scale production of its Blackbeard missiles at its New Mexico facility as the Pentagon seeks to close a hypersonic capability gap with China. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much funding did Castelion raise in its Series C round and at what valuation? Castelion raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen Horowitz, Carlyle, and JP Morgan Chase. The round comprised $800 million in equity and a $250 million revolving credit facility, with existing backers Lightspeed, General Catalyst, and Altimeter also participating. _daily.dev tracks funding rounds and market shifts for people following defense tech and startup financing._ ## Similar posts on daily.dev - [Castelion raises $1bn at $13bn to scale hypersonic weapon production](https://daily.dev/posts/castelion-raises-1bn-at-13bn-to-scale-hypersonic-weapon-production-dv6llsxdq) · The Next Web · 0 upvotes · 0 comments - [Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation](https://daily.dev/posts/daniel-ek-backed-defense-tech-helsing-to-raise-1-2b-at-18b-valuation-3w8rq5qe8) · TechCrunch · 0 upvotes · 0 comments - [Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year](https://daily.dev/posts/defense-tech-darling-mach-industries-hits-1-8b-valuation-a-4x-jump-in-a-year-ldai1ahg6) · TechCrunch · 1 upvotes · 1 comments - [Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago.](https://daily.dev/posts/berlin-s-stark-is-raising-300m-at-a-2-5b-valuation-the-kamikaze-drone-maker-was-founded-18-months-ntpimeq3e) · The Next Web · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#defense-tech](https://daily.dev/tags/defense-tech) [View this post on daily.dev](https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Castelion hits $13B valuation to mass-produce hypersonic missiles","url":"https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i"},"datePublished":"2026-08-20T19:02:42.638Z","dateModified":"2026-08-20T19:04:13.658Z","description":"Castelion, a hypersonic missile startup founded by former SpaceX executives, raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/09987dfa728d4b8e1b6a5693af0dd0e6?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/09987dfa728d4b8e1b6a5693af0dd0e6?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"venture-capital,defense-tech","timeRequired":"PT1M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Castelion hits $13B valuation to mass-produce hypersonic missiles"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles-gsb6nau1i#faq","mainEntity":[{"@type":"Question","name":"How much funding did Castelion raise in its Series C round and at what valuation?","acceptedAnswer":{"@type":"Answer","text":"Castelion raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen Horowitz, Carlyle, and JP Morgan Chase. The round comprised $800 million in equity and a $250 million revolving credit facility, with existing backers Lightspeed, General Catalyst, and Altimeter also participating. daily.dev tracks funding rounds and market shifts for people following defense tech and startup financing."}}]} ```