Picogrid has raised $12.0M in total across 1 funding round.
Picogrid's investors include Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Alumni Ventures, Banana Capital, Earl Grey Capital, First Round Capital, Founders Fund, Initialized Capital, Jude Gomila Rolling Fund, Kearny Jackson.
Picogrid is a defense technology company founded in 2020 that develops a unified platform for autonomous systems, enabling global connection, command, and monitoring of sensors across land, sea, air, and space.[1][2][3] It serves primarily U.S. government clients like the Space Force, Army, Air Force, and Navy, solving the problem of siloed, fragmented systems that slow missions and increase risks by integrating diverse sensors, platforms, and operators into a cohesive, decision-ready network.[1][3][5] Key products include the Helios AI-enabled command station for rapid deployment, Legion software for sensor interoperability, and Lander hardware for edge operations, with recent integrations like ZeroEyes' AI for coastal security and CX2 for spectrum sensing.[1][2][3] The company reports $5.1 million in revenue, employs under 25 people, and shows strong growth through SBIR awards totaling over $4 million and partnerships expanding into base security, space ops, and public safety.[1][3][4]
Picogrid was founded in 2020 in El Segundo, California, by co-founders including CEO (name not specified in sources) and Martin Slosarik, Co-Founder and Head of Growth.[1][2] Emerging from the need to unify fragmented unmanned systems in defense, the company quickly gained traction with government clients, including early Space Force engagements and SBIR Phase I research for U.S. Army visual data analysis and sensor networks.[1][4] Pivotal moments include the 2023 launch of Helios, the smallest AI-enabled command station, and recent 2025 expansions like a $500,000 research partnership with Cameron University in Oklahoma, plus integrations with partners like ZeroEyes for maritime threat detection tested by Air Force and Navy users.[1][2][3]
Picogrid rides the defense tech boom in autonomous systems, AI-driven base security, and multi-domain operations amid rising geopolitical threats and demands for rapid, interoperable C4ISR (command, control, communications, computers, intelligence, surveillance, reconnaissance).[2][3] Timing aligns with U.S. military modernization—e.g., Joint All-Domain Command and Control (JADC2) initiatives—where fragmented legacy systems hinder responses to drones, maritime incursions, and spectrum warfare.[3][4] Market forces like SBIR funding, DoD budget priorities for edge autonomy, and partnerships with AI firms (ZeroEyes, Deepnight, CX2) favor Picogrid's scalable unification tech, influencing the ecosystem by accelerating vendor integrations and enabling faster missions for services like Army, Air Force, Navy, and Space Force.[1][2][4] This positions it as a key enabler in closing security gaps at bases and critical infrastructure.
Picogrid's momentum—fueled by 2025 partnerships, SBIR expansions into microreactor security and air defense, and Oklahoma growth—signals scaling toward broader DoD adoption and commercial dual-use apps.[3][4] Next steps likely include deeper AI/spectrum integrations, international deployments, and team expansion to match its $5M+ revenue trajectory.[1][3] Trends like AI autonomy, hypersonic threats, and space-domain awareness will shape its path, potentially evolving Picogrid from niche integrator to ecosystem orchestrator, amplifying its life-saving mission in an era of unified, high-speed defense ops.[2][5]
Picogrid has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $12.0M Seed | Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Alumni Ventures, Banana Capital, Earl Grey Capital, First Round Capital, Founders Fund, Initialized Capital, Jude Gomila Rolling Fund, Kearny Jackson, Menlo Ventures, Meritech Capital Partners, Mischief Venture Capital, Offline Ventures, Pioneer Fund, Satgana, Stripe, Y Combinator, YLEM, Dan Wright, David Petersen, Eric Ries, Frederic Kerrest, Gordon Wintrob, Jeremy Cai, Jon Runyan, Mathilde Collin, Max Mullen, Paul Rios, Ryan Carlson, Ryan Chan, Scott Belsky, Siqi Chen, Tony Xu, Zack Kanter |
