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CASTELION
Castelion
Aerospace & Defense · Torrance, California · United States · Founded · 2022 · ≈ · 225 · employees

Castelion Funding — Last Valued at $2.8B

Private

Castelion has raised $434.2M across 1 funding round, plus 3 undated rounds. The latest round valued Castelion at $13B post-money, with JPMorganChase Strategic Investment Group, Andreessen Horowitz, Carlyle on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Castelion funding · at a glance
Total raised, all rounds
$434.2M
some round sizes not disclosed
Funding rounds
1
plus 3 undated rounds
Latest round
$13B
post-money · Aug 2026
Lead on that event
JPMorganChase Strategic Investment Group
Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, Interlagos, T. Rowe Price Associates
2026
About Castelion

Castelion raised $14.2 million in a 2023 seed round, a $100 million Series A led by Lightspeed Venture Partners in January 2025, a $350 million Series B in December 2025, and a $1 billion Series C in August 2026 co-led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz and Carlyle, valuing the company at $13 billion to scale Blackbeard production.

Funding timeline

The Castelion funding timeline

1 funding round, the latest highlighted.

2022
Castelion founded

Castelion was founded in 2022, United States.

UNDATED
Series B, Series A, Series Seed

No date is disclosed for this round.

AUG 2026LATEST
Series C at $13B post-money

Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, Interlagos, T. Rowe Price Associates. Led by JPMorganChase Strategic Investment Group, Andreessen Horowitz, Carlyle.

Valuation basispost-moneyAmountPrice / shareLeadJPMorganChase Strategic Investment Group, Andreessen Horowitz, Carlyle
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Castelion funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series C LATEST
Aug 2026
—
$13Bpost-money
—
JPMorganChase Strategic Investment Group, Andreessen Horowitz, Carlyle
Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, Interlagos, T. Rowe Price Associates
Series B
—
$350M
$2.8Bpost-money
—
—
—
Series A
—
$70M
—
—
Lightspeed Venture Partners
a16z, Lavrock Ventures, Cantos, First In, BlueYard Capital, Interlagos
Series Seed
—
$14.2M
—
—
Andreessen Horowitz, Lavrock Ventures
First In, BlueYard Capital, Champion Hill Ventures
Castelion · investors

Investors

Andreessen HorowitzLEADLLavrock VenturesLEADLightspeed Venture PartnersLEADJJPMorganChase Strategic Investment GroupLEADCCarlyleLEADAltimeter Capital

Frequently asked questions

Who are Castelion's competitors?›

The closest aerospace & defense peers are on the competitors page.

How can I get exposure to Castelion?›

The routes section explains what is realistically available for a company at this stage.

Is Castelion publicly traded?›

No. Castelion is a private company; its shares do not trade on a public exchange.

What is Castelion's valuation?›

The last valuation is $2.8B.

Who has invested in Castelion?›

Lead investors for each round are in the funding timeline.

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