In-Q-Tel

Activity from announced rounds

Activity in this selectionUnited States · Oct 9, 2026 · Jan 1, 2026

In-Q-Tel, known as IQT, is a not-for-profit investment organisation helping bring commercial technologies into use for national security.

Its investment scope includes space systems, biotechnology, microelectronics and energy. These areas address capabilities such as satellite and rocket systems, engineered biology and resilient power, alongside the computing technologies used in both commercial and government systems.

IQT’s model connects technology companies with mission requirements and government users. For a founder, fit depends on whether the product can solve a concrete national-security problem as well as succeed in its commercial market.

Sources
Rounds participated in
10
Confirmed lead rounds
0
8 roles undisclosed
New companies
9
First participation on record · 1 follow-on
Funding in participating rounds
$1.7B
8 disclosed · full round size, not this investor’s share

By stage

Series B4
Series C+2
Undisclosed2
Growth1
Seed1

By primary sector

Cybersecurity3
Defense tech3
Climate tech2
AI1
Industrial tech1

By country

United States10

Rounds

10 in this selection
Armadin

Armadin develops AI agents that test attack paths across enterprise systems and show defenders how connected weaknesses could be exploited.

$255.5MSeries B
Participant
Locus Lock

Locus Lock develops software-defined satellite-navigation receivers for aerospace, defence and autonomous systems operating in difficult signal environments.

UndisclosedStrategic funding
Participant
Mariana Minerals

Builds and operates AI-driven mines and refineries for critical minerals

$310MSeries B
Role not disclosed
Sila

Develops and manufactures advanced battery solutions for critical industries

$300MGrowth
Role not disclosed
Ent

Provides intent-aware workspace security platform that prevents AI-era threats across human and AI agent actions

$100MSeed
Role not disclosed
Moment Energy

Manufactures certified, commercial-scale battery energy storage systems using repurposed EV batteries

>$40MSeries B
Role not disclosed
Firestorm Labs

Develops containerized manufacturing platform for drone systems

$82MSeries B
Role not disclosed
Hermeus

Develops high-Mach unmanned aircraft for national security missions

$350MSeries C
Role not disclosed
Armadin

Armadin develops AI agents that test attack paths across enterprise systems and show defenders how connected weaknesses could be exploited.

$189.9MSeed+Series A
Role not disclosed
Deepgram

Deepgram provides real-time voice APIs for speech recognition, speech synthesis and voice AI applications.

$130MSeries C
Role not disclosed