ZeroMark: Defense Technology Company Raises $7 Million

By Amit Chowdhry • Jun 10, 2024

Defense technology company ZeroMark announced a $7 million seed funding round led by Ground Up Ventures and Andreessen Horowitz.

This funding accelerates the development of ZeroMark’s groundbreaking AI-powered auto-aiming system, which transforms standard infantry rifles into highly effective counter-drone solutions, providing a “handheld Iron Dome” accessible to every soldier.

ZeroMark’s technology transforms modern warfare by seamlessly integrating advanced computer vision and precision robotics with conventional firearms. And the system is the only solution on the market that physically augments the operator’s aim, enabling them to engage threats with unparalleled speed and accuracy.

By enhancing the capabilities of standard-issue rifles without impeding their functionality, ZeroMark’s unique approach improves the lethality and precision of armed forces while significantly enhancing operational safety and decision-making efficiency on the ground. This innovative technology ensures that the human remains in control while empowering soldiers to effectively combat fast-moving, low-altitude drone threats.

The seed funding round will accelerate product development, enhance feature integration, and expand operational capabilities. And ZeroMark’s technology seamlessly installs on any standard carbine or rifle without tools, and features real-time threat analytics, identification of friend vs foe, and automatic aim augmentation — crucial for maintaining tactical superiority in complex environments.

KEY QUOTES:

“The proliferation of drone technology poses an evolving threat to our armed forces. Our mission is to empower every soldier with a cost-effective, highly portable counter-drone solution that delivers unparalleled performance. With the support of our investors, we are ready to deploy this critical capability and ensure our defenders maintain a decisive edge on the battlefield.”

  • Joel Anderson, CEO of ZeroMark

“As a firm with deep roots in Israel, we have witnessed firsthand the critical need for companies like ZeroMark to provide superior precision hardware and software systems to those that protect and defend freedom and democracy. We are thrilled to lead this funding round which will enable ZeroMark to have an outsized impact on the way the United States and its allies protect their citizens, law enforcement, and warfighters.”

  • Jordan Odinsky, Partner at Ground Up Ventures

“Military precision is critical in the next generation of warfare. We’re proud to support ZeroMark as they build new technology to protect and serve armed forces on the battlefield.”

  • Katherine Boyle, a General Partner at Andreessen Horowitz.

“ZeroMark is pioneering a new era in defense technology with its AI-powered targeting system. Its solution enhances the precision and safety of our armed forces while addressing critical gaps in defense capabilities. NY Ventures is proud to support a team that is having such a profound impact on national security.”

  • Karan Mehta, Sr. Director at NY Ventures