Castelion raised $800 million in Series C funding led by JPMorgan Strategic Investments Group, Andreessen Horowitz and Carlyle, valuing the company at $13 billion.
- Amount
- $800M
- Stage
- Series C
- Announced
- 21 August 2026
- Leads
- JPMorgan Strategic Investments Group, Andreessen Horowitz, Carlyle
- Other investors
- Lightspeed, Lavrock Ventures, Altimeter, General Catalyst, Interlagos, T. Rowe Price
- Use of funds
- Accelerating American production of the Blackbeard weapon system.
- Valuation
- $13B
- Checked
- Amount and date matched across 2 press sources