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Allen Control Systems raised $200 million in a Series B round to scale manufacturing and accelerate deployment of its autonomous weapon station, Bullfrog. The round was led by Smash Capital.

PRIVATEJun 05, 2026•2 months ago

Amount Raised

$200 Million

Round Type

Series B

AustinManufacturing

Investors

Inspired CapitalRally VenturesCraft VenturesSmash Capital

Description

Allen Control Systems (ACS) has raised $200 million in a Series B funding round, achieving a post-money valuation of $2.2 billion. The funding will be used to scale manufacturing and support the deployment of its autonomous weapon station, Bullfrog. The round is led by Smash Capital, with participation from existing investors Craft Ventures, Rally Ventures, Inspired Capital, and others. Bullfrog is already deployed with the U.S

Company Information

Company

Allen Control Systems

Location

Austin, Texas, United States

About

Allen Control Systems (ACS) builds autonomous precision weapon systems to safeguard our military and its partners, ensuring dominance on every battlefield. ACS is ushering in a new era of battlefield security, equipping U.S. and allied forces with the next generation of counter-drone technology. The company’s flagship product, Bullfrog, leverages artificial intelligence (AI), computer vision, and proprietary control systems, transforming legacy or modern weapon systems to achieve unmatched accuracy and impact.

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Strategic

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Funding Insights

Based on industry data

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech