Tech Company Financing Transactions
ZeroMark Funding Round
ZeroMark, operating out of New York, secured $7 million from Andreessen Horowitz, Ground Up Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Andreessen Horowitz (Lead Investor)
Ground Up Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its AI-powered auto-aiming system.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
228 Park Ave S 61220
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
ZeroMark empowers US and allied forces with cutting-edge defense technology, elevating mission success and safeguarding personnel. Our forte lies in a unique counter-drone solution, manifested through an AI-enabled auto-aiming system. By adapting commercial firearms with our convergence of computer vision and precision robotics, we transform handheld weapons into potent tools for automatically detecting, tracking, and neutralizing drones effortlessly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joel Anderson
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