The round was co-led by Magarac Venture Partners and Veredas Partners, with significant participation from Mana Ventures, Gaingels, Sum VC, and the Active Angels Network.

Hellbender is a Physical AI infrastructure company powering intelligent systems at the edge. The company builds integrated perception platforms that enable machines to see, understand, and act in real time across complex, high-variance environments. Hellbender's platforms combine edge-native AI with proprietary, high-performance hardware to deliver production-ready intelligence for mission-critical industries, including energy, logistics, agriculture, manufacturing, and healthcare. By unifying advanced engineering, domestic manufacturing, and continuous improvement, Hellbender eliminates the fragmentation and latency of cloud-dependent architectures. All systems are designed and built in the United States, providing a secure, foundational layer for the next generation of autonomous and embedded systems.