Epirus Inc. is set to raise between $150 million and $200 million led by 8VC to develop technology for drone detection and interception.
Jan 09, 2025•7 months ago
Amount Raised
$150 Million
Investors
General Dynamics Land SystemsBedrock9 Yards CapitalDcvc8 Vc
Description
Epirus Inc. is in discussions to raise up to $200 million, alongside a valuation of approximately $1 billion. Backed by Joe Lonsdale and led by 8VC, the funding aims to advance their drone countermeasure technology used by military forces.
FundzWatch™ Score
74
Medium Activity
Funding Insights
Based on industry dataVC-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