Overland AI announced it raised $100 million in new funding to scale operations and deployments of its autonomous ground systems with end users across the U.S. Armed Forces, as the company seeks to expand manufacturing, field support, and operational integration teams in step with growing demand. The equity round was led by 8VC and included continued participation from Point72 Ventures, Ascend Venture Capital, Shasta Ventures, and Overmatch Ventures, alongside new support from Valor Equity Partners and StepStone Group. The total funding announced includes a $20 million venture debt facility from TriplePoint Capital.
The company said demand for ground autonomy is shifting from experimentation to operational integration, and it is positioning its ULTRA unmanned ground vehicle and OverDrive autonomy stack as mature capabilities designed to maneuver in complex, GPS-denied off-road environments at tactically relevant speeds. Overland AI highlighted work across missions, including counter-UAS, ISR, contested logistics and resupply, and breaching, and said it has expanded operations with formations across the U.S. Army, Marine Corps, and SOCOM, naming units such as the 82nd Airborne Division, 1st Cavalry Division, 173rd Airborne Brigade, 36th Engineer Brigade, and 2nd Marine Logistics Group. The company also cited a recent partnership with CAL FIRE to support wildfire mitigation and suppression.
Overland AI said its momentum in 2025 included completing DARPA’s RACER program after three years of testing and iterating its platform autonomy, and it emphasized close collaboration with warfighters as it integrates autonomy into operational units. The company described breaching as a high-risk mission set where autonomy can reduce danger by removing combat engineers from the point of breach, and it said it has worked with soldiers to integrate autonomous assets with manned assets in human-machine formations intended to advance Army capabilities while reducing risk to personnel.
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“Demand for ground autonomy has moved decisively from experimentation to operational integration. This funding allows us to scale alongside the units adopting our technology. We are training warfighters directly and incorporating continuous feedback to ensure our systems perform in real-world conditions, while building the trust required for operational use.”
Stephanie Bonk, Co-Founder And President, Overland AI
“Overland developed the most advanced ground autonomy in the world, dominating competitions and field tests. This raise will get ULTRA into the fight faster. Today’s Pentagon works with the best, not just the best-connected—meaning top professors and builders like Byron, Stephanie and team can break through, advance the defense revolution, and terrify our adversaries. We’re honored to help the strongest ideas and most competent teams win.”
Joe Lonsdale, Managing Partner, 8VC
“We have seen such success this past year because the ground autonomy we are delivering to warfighters actually works. We were right to solve the hardest problem first by building core autonomy for individual vehicle intelligence. It is the prerequisite for everything else that follows, including collaborative autonomy across multiple vehicles.”
Byron Boots, Co-Founder And Chief Executive Officer, Overland AI
