A few short weeks after raising a $60M Series B at a $600M valuation, Heaviside is showing no signs of slowing down. The Army is snapping up Heaviside's passive RF spectrum analyzer, called MOTH.
The Series B was led by Felicis. Other backers include Hedosophia and Menlo Ventures. The startup is now valued at $600 million.
Heaviside Industries, a startup developing precision munitions, on Wednesday said it has raised $60 million in a Series B round, three months after the company emerged from stealth.
Heaviside Industries has raised $60 million in Series B financing at a $600 million valuation and formed a strategic partnership with Nammo to support production of its multi-domain precision munitions platforms.
Welp, they’ve gone and done it again. This morning, precision munitions startup Heaviside announced that it’s raised a $60M Series B at a $600M valuation just three months after emerging from stealth with a $28M Series A.
Heaviside Industries has emerged from stealth with $28M in Series A funding led by Interlagos to scale autonomous precision munitions for U.S. and allied forces in contested environments.
Heaviside Industries Inc., a California-based military hardware manufacturer and federal contractor founded in 2024, is rapidly emerging as an innovative force in the defense and industrial manufacturing sectors.