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Heaviside Industries secures $60 million in Series B financing led by Felicis, with participation from multiple investors to advance precision munitions development.

PRIVATEAug 12, 2026•about 3 hours ago

Amount Raised

$60 Million

Round Type

Series B

Los Angeles

Investors

Mvp VenturesAnorak VenturesFriends & Family CapitalQstar CapitalFlume VenturesCantosMenlo VenturesHedosophiaFelicis

Description

Heaviside Industries has announced a $60 million Series B financing led by Felicis, with participation from several other investors including Hedosophia and Menlo Ventures. This funding aims to bolster their development of multi-domain precision munitions platforms. The round follows a strategic partnership with Nammo, enhancing their market position. With this financing, Heaviside Industries is set to accelerate its innovation in the defense sector.

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
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

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