Defence tech investor and builder Gallos raises $50M

A defence technology company, Gallos Technologies, has secured $50 million in funding, with the round currently still available for investment. Led by investors Ventura Capital, which previously backed Spotify, and Aberdeen Investments, an asset manager, existing backer Lansdowne Partners also took part. Gallos, founded in 2021 by Josh Burch and Dean Jones, is an expert in backing and building startups focused on defence, security, and resilience.

With Sir Jeremy Fleming, former director of the UK's GCHQ, serving as an advisor, Gallos boasts a strong advisory team. Among its portfolio companies are StirlingX, a drone and data intelligence startup co-founded by Jones, and AI Score, a data prevention startup where Fleming serves as an advisor. The additional investment will be used to fund upcoming company investments and bolster Gallos's platform.

As tensions escalate globally and governments invest in cutting-edge technology for the battlefield, Fleming emphasized the importance of Gallos's work. "The world is facing rapidly evolving digital threats, driven by geopolitical instability and the rapid advancement of new technologies," said Fleming. "Gallos's role is crucial in protecting people and businesses, not just in the UK but across allied nations."