Covenant Raises $250 Million From Andreessen Horowitz And Others For Anthem Weapon Development

Covenant, a defense company based in Washington, D.C., has successfully raised over $250 million. This funding round was led by Andreessen Horowitz’s American Dynamism and Founders Fund, with participation from Lux, 8VC, Aleph, Lightspeed, and Altimeter Capital.

Summary of transaction details:

• Deal Type: Investment
• Transaction Amount: $250,000,000
• Company Headquarters: Washington, District of Columbia
• Founders: Michael Kaufman & Ofir Dayan
• Notable Investors: Andreessen Horowitz, Founders Fund, Lux, 8VC, Aleph, Lightspeed, Altimeter Capital

Covenant specializes in building the Anthem long-range precision strike weapon and has recently established production facilities in Dallas and Germany. The company is led by Co-Founder and CEO Michael Kaufman, focusing on advancing its defense capabilities through significant funding and strategic facilities placement.