
Firestorm
Firestorm is a technology company.
Financial History
Firestorm has raised $48.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Firestorm raised?
Firestorm has raised $48.0M in total across 2 funding rounds.

Firestorm is a technology company.
Firestorm has raised $48.0M across 2 funding rounds.
Firestorm has raised $48.0M in total across 2 funding rounds.
Firestorm has raised $48.0M in total across 2 funding rounds.
Firestorm's investors include Afore Capital, Alumni Ventures, Craft Ventures, DN Capital, Floodgate, Giant Ventures, Harpoon, IDG Ventures, LAUNCH, McCarthy Capital, Aaron Jacobson, New Enterprise Associates.
Firestorm Labs is a San Diego-based aerospace and defense startup founded in 2022 that develops modular, mission-adaptable unmanned aerial systems (UAS) for military applications.[1][2][3][4][5] The company builds products like the Tempest Group 2/3 modular UAS and loitering munitions, serving U.S. Department of Defense (DoD) and allied forces by enabling rapid deployment, precision payload delivery, and "Affordable Mass" production of drones in contested environments.[1][3][4][5] It solves high costs and slow timelines in traditional UAS manufacturing through 3D printing, open architectures, and digital efficiencies, slashing total cost of ownership to 1/5 of conventional methods while supporting AI autopilots, GPS-denied navigation, and third-party integrations via FirestormOS and SparkSDK.[4][5] Firestorm has raised $40.52M, secured a $100M U.S. Air Force contract, and grown to ~39 employees, demonstrating strong early momentum.[1][3]
Firestorm Labs was founded in 2022 by Dan Magy (CEO), Chad M, and Ian Muceus in San Diego, California, at 5629 Copley Drive.[1][3] The founders bring diverse expertise in robotics, advanced engineering, finance, digital marketing, and strategic leadership, blending high-tech innovation with defense sector experience to tackle inefficiencies in UAS development.[3] The idea emerged from the need for faster, cheaper drones amid evolving DoD requirements for modern warfare, leveraging additive manufacturing and open-source designs to enable on-site production and adaptability—pivotal moments include a five-year, $100M Air Force IDIQ contract in February (pre-2026) and rapid scaling to modular systems like Tempest.[1][4]
Firestorm rides the defense tech boom in autonomous systems and "Affordable Mass" drones, driven by great-power competition and Ukraine-inspired needs for attritable, swarm-capable UAS that outpace adversaries in volume and adaptability.[2][4] Timing is ideal amid DoD's Replicator initiative for cheap, scalable drones and shifting from expensive platforms to modular, 3D-printed alternatives—market forces like supply chain resilience (spanning 26 U.S. states) and open architectures favor Firestorm's edge over legacy players.[1][4][5] It influences the ecosystem by pioneering vendor-agnostic standards, accelerating adoption among startups (vs. AeroVironment, Kratos) and fostering a collaborative defense innovation network.[4]
Firestorm is poised for explosive growth through DoD contracts and exports, expanding Tempest integrations and loitering munitions amid rising global demand for autonomous warfare tools.[1][2][5] Trends like AI autonomy, hypersonic threats, and industrial 3D printing will amplify its edge, potentially evolving into a category leader in modular defense UAS by delivering resilient, cost-crushing solutions at the speed of need—redefining military readiness from San Diego's front lines.[3][4]
Firestorm has raised $48.0M across 2 funding rounds. Most recently, it raised $35.0M Series A in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $35.0M Series A | Afore Capital, Alumni Ventures, Craft Ventures, DN Capital, Floodgate, Giant Ventures, Harpoon, IDG Ventures, LAUNCH, McCarthy Capital, Aaron Jacobson, New Enterprise Associates, Alexander Rosen, Scout Ventures, SignalFire, Slow Ventures, Y Combinator, Drew Houston, Emmett Shear, Kyle Vogt | |
| Mar 1, 2024 | $13.0M Seed | Afore Capital, DN Capital, Scout Ventures |