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XTEND secures $125 million in funding from Protego Ventures to accelerate growth. This capital will help position XTEND for success in the defense technology sector as global demand increases.
Amount Raised
$125 Million
Round Type
Venture
Investors
Description
XTEND has successfully secured $125 million in funding from Protego Ventures to enhance its growth in the defense technology market. This investment comes as governments increase spending on military technology, seeking frontline-tested innovations. The funding enables XTEND to scale its offerings, aligning with the rising demand for defense solutions worldwide. Protego Ventures aims to connect promising Israeli defense companies with necessary capital and expertise.
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Xtend raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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