Picogrid, a defense technology company building an open integration layer for modern military systems, announced the closing of a $45 million Series A funding round led by Bessemer Venture Partners. The round also included participation from Washington Harbour, GSBackers, and existing investors Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital, and Alumni Ventures.
The company said the new funding will be used to expand its product family, extend its integration capabilities into additional operational domains, and scale deployments with the U.S. military, allied forces, and partner vendors building on its platform.
Based in El Segundo, California, Picogrid is addressing what it describes as one of the most significant challenges in modern defense: integrating an expanding array of military technologies, including sensors, autonomous systems, command-and-control software, edge computing, artificial intelligence models, space systems, undersea systems, and electronic warfare payloads. While defense organizations continue to procure new technologies at an accelerating pace, the company argues that operational outcomes have been constrained by the complexity of connecting these systems into cohesive military networks.
Picogrid’s platform is currently deployed globally in support of active operations with U.S. and allied forces. The company has built an ecosystem that spans more than 100 defense systems from both emerging and established vendors, including Skydio, Northrop Grumman, Echodyne, CX2, and Neros. According to the company, the platform enables operators to deploy best-of-breed systems from multiple vendors while adapting to evolving mission requirements without rebuilding networks whenever new technologies are introduced.
Picogrid also noted that integration challenges are expected to intensify as military organizations field larger numbers of connected and autonomous systems across multiple domains. The company believes existing integration approaches are not designed to support the scale and complexity of future defense networks and aims to provide a neutral infrastructure layer that can be shared across the broader defense ecosystem.
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“The systems are getting better, but the seams between them aren’t keeping up. Operators in the field are paying that tax every day, and our job is to take it off them. This funding helps us meet demand already in front of us from US forces and allies, continue to invest in the infrastructure powering the next generation of defense and scale our production in California, Oklahoma, and across the country.”
Zane Mountcastle, CEO, Picogrid
“As autonomous systems proliferate across every domain, there’s clear demand for an infrastructure layer that’s hardware-agnostic and interoperable. Picogrid has built the connective tissue that lets disparate military systems communicate to one another, and it is being used in the field today. We believe they’re on a path to become the next integration prime.”
David Cowan, Partner, Bessemer Venture Partners
