Tuesday, March 26, 2024Picogrid Gets $12M for Defense SystemsEl Segundo-based defense startup Picogrid announced on Tuesday that it has raised $12M in a funding round. The funding was led by Initialized Capital, and also included Starburst Ventures, Credo
Ventures, Giant Step Capital, Domino Ventures, and Alumni Ventures. Picogrid is developing a grid-based system to help connect and remotely control sensors, drones, command interfaces, and other defense systems, according to the company; the company was founded by Zane Mountcastle and Martin Slosarik. A (More info...)
posted on Tuesday, March 26, 2024(Full story)