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Picogrid Secures $45.0

Recently funded · $45.0M Series aTechnology, Information and MediaUSView source

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Picogrid, a technology company building the digital backbone for defense and industrial operations, has closed a $45.0M Series A funding round. The capital infusion comes with backing from GSBackers, Bessemer Venture Partners, Washington Harbour Partners LP, and Initialized Capital.

The company specializes in hardware and software that integrates mission-critical systems, connecting sensors, unmanned platforms, and digital systems to enable unified control and data flow across land, sea, air, and space environments globally.

From the source

Martin · May 29, 2026

Picogrid might have been defense tech's best kept secret. 🤫 Until Silicon Valley Defense Group published their 2026 NATSEC 100 list this week, with Picogrid ranked in the Top 50 with just $12M in seed funding. To put this into perspective, all other companies in the Top 50 have raised $100Ms.

In some cases, billions. The reason Picogrid is punching above its weight? The company has been cash flow positive for a while and simply didn't need to raise capital. As Zane Mountcastle puts it: "For every dollar we've raised, I think we've made $2 in revenue." In defense tech, that's an anomaly. It's testament to the Picogrid team's maniacal focus on the mission: building the open integrati

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