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Venture Capital News: Vannevar Labs Announces $75M Series B Round

2023-01-19
SAN FRANCISCO, CA, Vannevar Labs, which provides state-of -the-art technology to overcome critical national security problems, today announced a $75 million Series B.
The investment was led by Felicis with new investors DFJ Growth and Aloft VC and existing General Catalyst, Point72 Ventures, Costanoa Ventures, and Shield Capital. This brings Vannevar's total funding to over $90M raised. The company plans to use new capital to fund development of new products and win the company's first multi-year program from Decrypt.

Vannevar Labs is made up of operators and intelligence analysts from the national security world and top performing engineers and Silicon Valley product innovators. The company uses this combined expertise to works side by side with the government to development technology for the country's most important mission problems.
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