Tech Company Financing Transactions
MatrixSpace Funding Round
OTB Ventures, Raptor Group and L3Harris Technologies participated in a $20 million Series B funding round for MatrixSpace. The round was announced on 10/15/2025.
Transaction Overview
Company Name
Announced On
10/15/2025
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
145 South Bedford St
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Website
Email Address
Overview
We are addressing the next generation of AI-enabled sensing so that objects can be identified and data collected in real-time -- no cloud required. We're building the smallest radar system to provide new levels of integrated outdoor surveillance in 4D -- the size, location, and movement of objects in time. Our radar intelligently digitizes outdoor environments and with its architecture design ensures ease of use, fast setup and the ability to have surveillance, monitoring and inspection from both stationary and airborne platforms. MatrixSpace was founded in 2019, by a Northeastern Alumnus, and is an independent start-up with corporate headquarters located in Burlington, MA. We have a second location in Hoffman Estates, IL. We welcome visitors -- so contact us if you would like to stop by for a demonstration.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Jose Lorenzo
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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