Accel

Accel is a venture capital firm founded in 1983 and based in Palo Alto, California, with additional offices in San Francisco, London, and Bangalore. It focuses on early and growth-stage technology startups, investing across software, cloud, data analytics, mobile technology, consumer services, fintech, security, healthcare, and information technologies. Accel seeks to partner with entrepreneurs to build world-class companies that define new categories and drive growth. Its portfolio includes notable technology companies such as Atlassian, Dropbox, Slack, Spotify, Etsy, Cloudera, DJI, Braintree, and Lookout Security, among others.

Pratik Agarwal

Principal

Casey Aylward

Partner

Mahendran Balachandran

Partner

Luca Bocchio

Partner

Philippe Botteri

Partner

Past deals in Defence

True Anomaly

Series C in 2025
True Anomaly develops space security and resilience solutions by integrating autonomous spacecraft operations, artificial intelligence, and mission-specific software. The company designs, builds, and fields technologies that enable secure and sustainable access to orbital environments for defense agencies, allied governments, and commercial operators. Its offerings improve orbital situational awareness, maintain operational continuity, and support long-term space sustainability across critical infrastructure and strategic missions.

Chaos Industries

Series C in 2025
Chaos Industries is a technology company focused on defense and critical industries, developing advanced sensing, detection, and communication capabilities. It leverages Coherent Distributed Networks to enhance sensing, detection, and communication across platforms and emphasizes time synchronization to enable highly mobile, scalable, and cost-efficient systems. The company delivers integrated, software-defined solutions for defense, government, and industrial applications in challenging environments.

Nabhdrishti Aerospace

Seed Round in 2025
Nabhdrishti Aerospace specializes in the design and development of advanced small gas turbines, focusing on indigenous technology that offers higher efficiency and cost-effectiveness compared to competitors. The company aims to serve various sectors, including hybrid electric urban air mobility, unmanned aerial vehicles (UAVs), cruise missiles, and decentralized power generation. By providing state-of-the-art gas turbines, Nabhdrishti Aerospace empowers clients to utilize cleaner fuels, ultimately contributing to reduced emissions and fostering green technology.

Chaos Industries

Series B in 2024
Chaos Industries is a technology company focused on defense and critical industries, developing advanced sensing, detection, and communication capabilities. It leverages Coherent Distributed Networks to enhance sensing, detection, and communication across platforms and emphasizes time synchronization to enable highly mobile, scalable, and cost-efficient systems. The company delivers integrated, software-defined solutions for defense, government, and industrial applications in challenging environments.

Acalvio Technologies

Series D in 2022
Acalvio specializes in cyber deception technology, offering robust solutions such as Identity Threat Detection and Response (ITDR), Advanced Threat Detection, OT Security, Zero Trust, Active Directory Protection, and Ransomware Protection. Its patented ShadowPlex Cyber Deception Platform serves Fortune 500 enterprises and government agencies, deployable on-premises, in the cloud, or via managed service providers.

Acalvio Technologies

Series C in 2019
Acalvio specializes in cyber deception technology, offering robust solutions such as Identity Threat Detection and Response (ITDR), Advanced Threat Detection, OT Security, Zero Trust, Active Directory Protection, and Ransomware Protection. Its patented ShadowPlex Cyber Deception Platform serves Fortune 500 enterprises and government agencies, deployable on-premises, in the cloud, or via managed service providers.

Skydio

Series B in 2018
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.

Skydio

Series A in 2016
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.

Acalvio Technologies

Series A in 2015
Acalvio specializes in cyber deception technology, offering robust solutions such as Identity Threat Detection and Response (ITDR), Advanced Threat Detection, OT Security, Zero Trust, Active Directory Protection, and Ransomware Protection. Its patented ShadowPlex Cyber Deception Platform serves Fortune 500 enterprises and government agencies, deployable on-premises, in the cloud, or via managed service providers.

Skydio

Seed Round in 2015
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.
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