Defense technology startup Epirus has successfully raised $250 million in a Series D funding round aimed at developing advanced systems to counter drone swarms. The funding will enhance Epirus's Leonidas system, which utilizes high-power microwaves to neutralize drone threats. Co-founders Joe Lonsdale, John Tenet, Bo Marr, and Nathan Mintz are at the forefront of this initiative. This funding round underscores the growing investment interest in defense technologies, particularly those focused on counter-drone capabilities, amid increasing concerns over drone warfare.
Mach Industries raised $5.7 million in a seed round led by Sequoia Capital in June 2023. This was Sequoia’s first-ever investment in defense tech, signaling strong VC interest in Mach’s potential to innovate in US defense tech. 🚀 https://t.co/bt3vcEp0Zt
Renaissance Fusion raises €32M to radically simplify complex fusion reactors: https://t.co/E9ZfgqqKvd by TechCrunch #infosec #cybersecurity #technology #news
Renaissance Fusion raises €32M to radically simplify complex fusion reactors https://t.co/qHX1NCmXVs