Tech Company Financing Transactions
Picogrid Funding Round
Picogrid closed a $12 million Seed funding round on 3/26/2024. Investors included Initialized Capital, Alumni Ventures and Credo Ventures.
Transaction Overview
Company Name
Announced On
3/26/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
113 Main Street
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Picogrid is a defense technology company that builds a platform to connect fragmented defense systems. Our platform connects various third-party sensors, cameras, and autonomous systems together to create a ready-made ecosystem of capabilities. We envision a world in which operators are empowered to adopt the capabilities they need within seconds.
Management Team
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