Tech Company Financing Transactions
Picogrid Funding Round
On 6/1/2026, Picogrid announced $45 million in Series A funding from Bessemer Venture Partners, Alumni Ventures and Credo Ventures.
Transaction Overview
Company Name
Announced On
6/1/2026
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to product family, extend its integration capabilities into new operational domains, and scale deployments with the US military, allied forces, and the partner vendors building on the platform.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
113 Main Street
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Picogrid is a defense technology company that builds a platform to connect fragmented defense systems. Our platform connects various third-party sensors, cameras, and autonomous systems together to create a ready-made ecosystem of capabilities. We envision a world in which operators are empowered to adopt the capabilities they need within seconds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zane Mountcastle
Co-Founder
Martin Slosarik
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