Covenant emerges from stealth with more than $250 million in total backing
The defense company disclosed funding across three rounds as it introduced its business publicly.
Covenant disclosed more than $250 million raised across three financing rounds at its September 9 launch. Its backers include Andreessen Horowitz, Founders Fund, Lux Capital, 8VC, Aleph and Lightspeed.
The Washington, D.C.-based company develops defense systems for the United States and allied governments and has established manufacturing facilities in three countries. The announcement accompanied the opening of its Texas facility.