The round was led by Initialized Capital with participation by Starburst Ventures, Credo Ventures, Giant Step Capital, Domino Ventures, and Alumni Ventures. Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers. The company's technology helps connect and remotely control sensors, drones, command interfaces, and other notoriously fragmented defense systems.

Picogrid is a defense technology company that builds a unified platform for autonomous systems. The company's technology helps connect sensors, cameras, and unmanned systems with the software systems that increasingly depend on them. Picogrid's vision is to build the foundational infrastructure to enable a new defense industrial base. Picogrid now serves military customers across the United States and beyond.