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Heaviside Industries secures $28M in Series A funding led by Interlagos to accelerate development of autonomous precision munitions for U.S. and allied forces.

PRIVATEMay 11, 20263 months ago

Amount Raised

$28 Million

Round Type

Series A

Los Angeles

Investors

Aaditya DevarakondaPaul DimitrukFrank FinelliAnorak VenturesCantosFlume VenturesMenlo VenturesInterlagos

Description

Heaviside Industries has emerged from stealth with a $28M Series A fundraising led by Interlagos. This funding will expedite the company's production and delivery of multi-domain autonomous precision munitions. Notable investors include Menlo Ventures, Flume Ventures, and others. The capital will enhance the deployment of Heaviside's technology in modern warfare scenarios.

Company Information

Company

Heaviside Industries

Location

Los Angeles, California, United States

About

Heaviside Industries specializes in the development and production of multi-domain autonomous precision munitions for U.S. and allied military forces. Their technologies are designed for high-precision operations in contested environments. Founded in 2024, Heaviside aims to modernize American defense capabilities through affordable and scalable solutions. The company operates with a team of experienced engineers and has secured partnerships with notable investors.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
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

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