Funding

Defense Tech Startup Critical Materials Group Raises $10.3M in Seed Funding

Sep 3, 2026 | By Devin Jacobs

SUMMARY

Critical Materials Group raised $10.3M in Seed funding.
The funding will support technology and team growth.
Critical Materials Group builds modular manufacturing platforms.

Critical Materials Group, an Austin, TX-based provider of a modular energetics production platform, has raised $10.3 million in a Seed funding round led by Overmatch Ventures.

The round also saw participation from Victory Six Advisors and Fulcrum Ventures.

The company will use the funding to advance its technology, expand its team, and reach key regulatory milestones.

Funding Snapshot

Metric	Details
Fundraise Amount	$10.3 Million
Valuation	Not disclosed
Company	Critical Materials Group
Sector	Advanced Manufacturing / Defense Technology
Headquarters	Austin, Texas, US

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About Critical Materials Group

Founded in 2025, by Kevin Capozzoli, Critical Materials Group is a privately held Texas-based manufacturing company focused on modernizing critical production infrastructure. CMG develops modular, automation ready platforms designed to improve manufacturing resilience, scalability and safety.

Core offerings include:

Modular production platforms
Automation-ready manufacturing systems
Integrated production techniques
Safety-focused manufacturing infrastructure

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Modular Platforms	Flexible production infrastructure
Automation-Ready Systems	Supports scalable manufacturing
Integrated Techniques	Improves production processes
Safety-Focused Infrastructure	Supports responsible manufacturing operations

Leadership Comments

"The U.S. energetics industrial base, from the GOCOs to the prime contractors that depend on them, has been the backbone of American energetics for generations – CMG was built to add capacity to that ecosystem," said Kevin Capozzoli, CEO and Co-Founder of Critical Materials Group."

Kevin is an uncommon combination of end-user and exceptional operator. He has seen firsthand what a thin industrial base costs downrange. Travis runs one of the few private labs in the country that can formulate, test, and qualify energetic materials. Together, they are the team to rebuild the arsenal we need to deter, and if necessary defeat, our adversaries," said Morgan Hitzig, General Partner at Overmatch Ventures.