SAN DIEGO, CA, Firestorm Labs, the expeditionary manufacturing company, has secured $47 million in Series A funding.
SAN DIEGO, CA, Firestorm Labs, the expeditionary manufacturing company that's redefining distributed, point-of-need production has secured $47 million in Series A funding. The new round was led by New Enterprise Associates (NEA) and includes participation from prominent defense-focused investors, including Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, Booz Allen Ventures, and others.
The total includes $12 million in venture debt from J.P. Morgan. 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.
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