Protection expertise start-up Epirus, which concentrates on anti-drone methods, has truly elevated an oversubscribed $250 million Assortment D, it knowledgeable TechCrunch.
Epirus, based mostly in Torrance, The golden state, was previously valued at $1.35 billion for its $200 million Assortment C in 2022, per its announcement on the time. Epirus didn’t supply a selected evaluation for this spherical, nonetheless validated to TechCrunch that it mores than $1 billion. (Bloomberg reported in January 2025 that Epirus was raising this round at a lower valuation than its Assortment C.)
The Assortment D was co-led by 8VC and Washington Harbour Allies LP, a D.C. based mostly funding firm. Varied different financiers include Gaingels and Common Traits Land Equipments, a subsidiary of among the many united state’ most vital safety specialists.
This brings the general elevated by Epirus to over $550 million. Its standing as a unicorn locations it amongst pretty couple of safety applied sciences as a result of group. There’s Anduril, which is elevating at a $28 billion valuation, plus Guard AI which is reportedly elevating at $5 billion, and Saronic, which was valued at $4 billion in its latest round.
Epirus’ entrance runner merchandise is Leonidas, which beams high-powered electro-magnetic pulses at drones because it crosses the battleground. Epirus has truly received a wide range of united state armed forces agreements, consisting of a $66 Army million cut price from 2023, per its website.
Joe Lonsdale, amongst Epirus’ founders and the taking good care of companion of 8VC, proclaimed Leonidas because the “best safety versus drone flocks at this time” in a declaration despatched out to TechCrunch. (Lonsdale is likewise a founding father of Palantir.)
Epirus claims it intends to make the most of the funds to broaden proper into worldwide and enterprise markets. The corporate likewise claims it can definitely purchase increasing its group, boosting its provide chain resiliency, and opening up a brand-new simulation facility in Oklahoma to teach troopers.
