Firestorm Labs Secures $47M Series A Funding Led by NEA for Advanced Drone Technology

Firestorm Labs Secures $47M Series A Funding Led by NEA for Advanced Drone Technology

Firestorm Labs, a San Diego-based company specializing in advanced drones for warfare, has successfully closed a $47 million Series A funding round. The investment was led by New Enterprise Associates (NEA) and included significant contributions from defense-focused venture firms such as Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, and Booz Allen Ventures, alongside $12 million in venture debt from JPMorgan. The funding…

Firestorm Labs Secures $47M to Scale 'Point-of-Need' Drone AM Manufacturing – Metrology and Quality News - Online Magazine

Firestorm Labs, Inc., the expeditionary manufacturing company that's redefining distributed, point-of-need production has secured $47 million in Series A funding. The new capital, rapid growth, and multiple U.S. Department of Defense (DoD) contracts secured by Firestorm, signal investor confidence and build upon the initial $12.5 million seed round. The post Firestorm Labs Secures $47M to Scale ‘Point-of-Need’ Drone AM Manufacturing appeared fir…