Our Investment in CHAOS Industries: Bringing Groundbreaking New Technologies to National Defense

We're thrilled to announce Accel’s $145 million investment in CHAOS Industries, a company developing next-generation defense technologies that will shape national security and critical industries in the 21st century.

Over the past two decades, the same technological advancements reshaping our economy have begun to fundamentally change the nature of geopolitical conflict. Today’s battlefield is increasingly augmented, and tech is powering even more sophisticated threats for the U.S. and its allies. 

This means that our future success in security, defense, and military operations will be more closely linked to technological sophistication than ever before—and it’s imperative that our capabilities rise to meet the moment. The traditional defense industry urgently needs to adapt to this new paradigm, but it has been slow to adopt truly transformative innovation. It will take a new generation of defense technology companies to help the industry get to where it needs to be.

Enter CHAOS Industries, founded in 2022 by John Tenet, Dr. Bo Marr, Gavin Hood, and Brett Cummings. The company builds groundbreaking new technologies that solve real-world problems by combining an engineering-led approach to product development with deep partnerships with the defense industry.  

We've been impressed by the first product category CHAOS Industries brought to market, Coherent Distributed Networks, a paradigm-shifting technology category that enables unprecedented performance for sensors and effectors. Success in this wave of defense tech will come from teams like CHAOS Industries that pair expertise in artificial intelligence, and quantum computing with a deep understanding of defense programs and the unique go-to-market needs of this category.  

The defense industry is still in the early stages of digitization, which makes it an exciting time to work with CHAOS Industries, which is developing innovations with real potential for scale. We're delighted to partner with John, Bo, Gavin, Brett, and the entire CHAOS Industries team to bring those new AI, robotics, and machine learning technologies to the defense industry.