Government · 1 deal
Every published round US Department of War took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies US Department of War has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Volt Resources | 15 Sep 2026, Grant | 1 | 1 |
Fund closes reported for US Department of War, as distinct from the investments it has made.
Companies US Department of War has backed that another company then bought. An exit for the holding, not a deal US Department of War did.
Stories naming US Department of War. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Graphite producer Volt Resources has been awarded US$5.4 million in non-dilutive government money, received via subsidiary Volt Energy Materials, to advance domestic refining and facility development over 24 months.
Also Dealroom
The US War Department has announced an estimated US$174m equity investment, partnering with Export Finance Australia, Japan and Sojitz, to build a gallium plant at Alcoa's Wagerup refinery.
Hanwha's US subsidiary has made an indicative offer of US$1.05–1.20 billion for Austal's American business; the target's board approved a four-week due diligence window, with the proposal excluding its home-market operations.
Arkeus has closed a A$25 million Series A with QIC Ventures leading, as early backer Beaten Zone Venture Partners returns alongside other existing backers; proceeds fund Queensland manufacturing and a doubled team.
Also Startup Daily·Defence Connect·SmartCompany·SmartCompany·Forbes Australia·@AuManufacturing
Folklore Ventures announces it has joined Arkeus' A$25 million Series A with QIC Ventures, R+ VC and returning backers, describing the Melbourne defence-sensing startup's technology and growth plans.
Also Beaten Zone Venture Partners portfolio·Beaten Zone Venture Partners portfolio·arkeus.com·Forbes Australia·Cut Through Venture·SmartCompany·Dealroom