Last updatedApril 21, 2026

Startups shaping the future

The startups that are disrupting entire industries, right now. Updated weekly as part of the Loop newsletter.

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Where these startups are based

The capital table

Every figure exactly as it was stated when we featured the company — hover a number for the phrase it came from. Stages only where the coverage said so.

148 rounds across 142 startups · median stated valuation $4.44B (USD figures)

CompanySectorStageRaisedValuationAs of
AI & SoftwareUnstated$500BApr 2026
SpaceUnstated$350BOct 2024
AI & SoftwareUnstated$200BApr 2026
AI & SoftwareUnstated$183B2025
CybersecurityAcquired$32BOct 2024
FintechUnstated$32BJun 2025
DefenceUnstated$30BJun 2025
AI & SoftwareUnstated$29.3BNov 2025
InfrastructureIPO$23BMay 2025
FintechUnstated$16.8BMay 2025
FintechIPO$15BMay 2025
AI & SoftwareUnstated$14BSept 2025
CybersecurityUnstated$12BOct 2024
AI & SoftwareUnstated$10BNov 2025
HealthcareUnstated$9BJun 2025
TransportUnstated$6BAug 2025
TransportUnstated$6BJun 2025
AI & SoftwareUnstated$6BJun 2024
CybersecurityAcquired$5.3BNov 2023
TransportIPO$5.25BOct 2025

Browse by Sector

205 startups across 11 sectors

Defence6

Autonomous systems and AI platforms for national security and military applications.

Helsing

Building autonomous fighter jets and drones for European militaries.

First European company to fly an AI-controlled fighter jet over the Baltic Sea.

Munich, Germany€2.2B+ valuation

Shield AI

Developing AI pilots for autonomous aircraft and drones.

Its V-BAT drones flew combat missions in the Middle East without GPS or communications.

Washington DC$2.8B valuation
Palantir — AI-powered data analytics for defence and intelligence agencies.

Palantir

AI-powered data analytics for defence and intelligence agencies.

Stock surged over 300% in 2024, becoming the best-performing S&P 500 company that year.

Denver, CONYSE listed
Harmattan AI — French defence AI company partnering with Dassault on next-gen fighter jets and drones.

Harmattan AI

French defence AI company partnering with Dassault on next-gen fighter jets and drones.

Reached a $1.4B valuation less than a year after founding.

Paris, France$1.4B valuation
NestAI — Building defence AI systems for the Finnish military in partnership with Nokia.

NestAI

Building defence AI systems for the Finnish military in partnership with Nokia.

Secured EUR100M from Finland to build sovereign defence AI on NATO's northern flank.

Helsinki, Finland€100M secured
Anduril — Creating autonomous defence systems, surveillance platforms, and military AR headsets.

Anduril

Creating autonomous defence systems, surveillance platforms, and military AR headsets.

Founded by the creator of Oculus VR - now valued at $30B and challenging legacy defence contractors.

Costa Mesa, CA$30B valuation