Theseus
Seed Round in 2025
Theseus is a defence technology company specialising in GPS-free drone navigation. It develops and provides a Visual Navigation System (VNS) that can be retrofitted onto any drone, utilising cameras, accelerometers, gyroscopes, and reference satellite imagery for positioning. This system offers an alternative to GPS, ensuring militaries and surveillance teams can operate independently of GPS signals.
Pivotal Commware
Series D in 2023
Pivotal Commware, Inc. is a technology company specializing in the development of software-defined antennas and radios that leverage holographic beamforming technology. Founded in 2016 and based in Kirkland, Washington, the company designs products aimed at enhancing network speed, capacity, and spectral efficiency. Its offerings include platforms such as beamformers and systems for 5G echo subscribers and drone beamforming antennas. Additionally, Pivotal Commware provides intelligent beam management systems that facilitate wireless communication by enabling multiple concurrent transmissions on the same frequency without interference. This technology allows wireless service providers to optimize the use of spectrum in a given area, thereby improving broadband network performance.
Anduril Industries
Series E in 2022
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.
Whisper Aero
Venture Round in 2021
Whisper Aero designs and manufactures electric propulsion systems that are ultra-quiet, efficient, and scalable for aviation, defense, and commercial applications. The company develops technology that converts electricity into thrust for a range of vehicles, including aircraft and drones, as well as ground equipment, with a focus on reducing noise and energy consumption. Its propulsion solutions are designed to be adaptable across different sizes and speeds, delivering scalable thrust while helping to lower noise pollution and promote cleaner energy use. Whisper Aero also provides fans and flight technology that contribute to quieter operations by reducing high-frequency noise and enabling more efficient propulsion.
Anduril Industries
Series D in 2021
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.
Pivotal Commware
Series C in 2021
Pivotal Commware, Inc. is a technology company specializing in the development of software-defined antennas and radios that leverage holographic beamforming technology. Founded in 2016 and based in Kirkland, Washington, the company designs products aimed at enhancing network speed, capacity, and spectral efficiency. Its offerings include platforms such as beamformers and systems for 5G echo subscribers and drone beamforming antennas. Additionally, Pivotal Commware provides intelligent beam management systems that facilitate wireless communication by enabling multiple concurrent transmissions on the same frequency without interference. This technology allows wireless service providers to optimize the use of spectrum in a given area, thereby improving broadband network performance.
Anduril Industries
Series C in 2020
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.
Performance Drone Works
Seed Round in 2020
Performance Drone Works is a company focused on developing advanced autonomous unmanned aerial systems (UAS) tailored for the modern warfighter. Its platforms are designed to enhance mission effectiveness while minimizing risk to personnel. The company employs innovative technology in the design of its small autonomous platforms, ensuring a commonality in electronics and software across multiple sizes. Notably, its reconnaissance devices feature 3D-vision-based obstacle avoidance capabilities, allowing for safe flight operations even in GPS-denied environments. Through these advancements, Performance Drone Works aims to support military operations with cutting-edge solutions that address contemporary challenges in warfare.
Anduril Industries
Series B in 2019
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.
Pivotal Commware
Private Equity Round in 2017
Pivotal Commware, Inc. is a technology company specializing in the development of software-defined antennas and radios that leverage holographic beamforming technology. Founded in 2016 and based in Kirkland, Washington, the company designs products aimed at enhancing network speed, capacity, and spectral efficiency. Its offerings include platforms such as beamformers and systems for 5G echo subscribers and drone beamforming antennas. Additionally, Pivotal Commware provides intelligent beam management systems that facilitate wireless communication by enabling multiple concurrent transmissions on the same frequency without interference. This technology allows wireless service providers to optimize the use of spectrum in a given area, thereby improving broadband network performance.
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.
Drone Racing League
Series B in 2017
Drone Racing League Inc., established in New York in 2015, specializes in staging professional drone races for top-tier pilots. The company hosts thrilling tournaments featuring first-person perspective drone racing, where elite pilots navigate custom-built drones through intricate, themed 3D courses. DRL generates revenue by selling tickets to these events and offering media services related to its high-octane competitions.
AirMap, Inc. is a digital airspace and automation company that specializes in software solutions for managing low-altitude airspace and facilitating drone operations. Founded in 2015 and headquartered in Santa Monica, California, with additional offices in Europe and Asia, AirMap offers a UAS Traffic Management (UTM) platform. This platform provides critical airspace information, including geometries, restrictions, and situational awareness, to various stakeholders, such as airspace authorities, enterprise operators, and developers. AirMap aims to enable safe and efficient drone flight by organizing and automating airspace management, thereby fostering innovation in applications ranging from agriculture to public safety. The company collaborates with industry partners and is actively involved in initiatives like the Small UAV Coalition and NASA's UTM program, ensuring it plays a pivotal role in shaping the future of low-altitude aviation.
AirMap, Inc. is a digital airspace and automation company that specializes in software solutions for managing low-altitude airspace and facilitating drone operations. Founded in 2015 and headquartered in Santa Monica, California, with additional offices in Europe and Asia, AirMap offers a UAS Traffic Management (UTM) platform. This platform provides critical airspace information, including geometries, restrictions, and situational awareness, to various stakeholders, such as airspace authorities, enterprise operators, and developers. AirMap aims to enable safe and efficient drone flight by organizing and automating airspace management, thereby fostering innovation in applications ranging from agriculture to public safety. The company collaborates with industry partners and is actively involved in initiatives like the Small UAV Coalition and NASA's UTM program, ensuring it plays a pivotal role in shaping the future of low-altitude aviation.
Aria Insights
Series B in 2015
Aria Insights specializes in the development of unmanned aerial vehicles designed for search and rescue missions and inspection operations. The company creates robust, high-endurance tethered drones equipped with autonomous flight capabilities and secure payload data. These intelligent aerial robots are deployed in logistically challenging and potentially hazardous environments, allowing them to gather critical data and deliver actionable insights to decision-makers while ensuring the safety of personnel. By transforming inaccessible landscapes into manageable data points, Aria Insights enhances operational efficiency and supports informed decision-making in various industries.
AirMap, Inc. is a digital airspace and automation company that specializes in software solutions for managing low-altitude airspace and facilitating drone operations. Founded in 2015 and headquartered in Santa Monica, California, with additional offices in Europe and Asia, AirMap offers a UAS Traffic Management (UTM) platform. This platform provides critical airspace information, including geometries, restrictions, and situational awareness, to various stakeholders, such as airspace authorities, enterprise operators, and developers. AirMap aims to enable safe and efficient drone flight by organizing and automating airspace management, thereby fostering innovation in applications ranging from agriculture to public safety. The company collaborates with industry partners and is actively involved in initiatives like the Small UAV Coalition and NASA's UTM program, ensuring it plays a pivotal role in shaping the future of low-altitude aviation.
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.
Aria Insights
Series A in 2013
Aria Insights specializes in the development of unmanned aerial vehicles designed for search and rescue missions and inspection operations. The company creates robust, high-endurance tethered drones equipped with autonomous flight capabilities and secure payload data. These intelligent aerial robots are deployed in logistically challenging and potentially hazardous environments, allowing them to gather critical data and deliver actionable insights to decision-makers while ensuring the safety of personnel. By transforming inaccessible landscapes into manageable data points, Aria Insights enhances operational efficiency and supports informed decision-making in various industries.