Heaviside raises $60M Series B at $600M, three months out of stealth
What's the deal? Heaviside IndustriesDealroom has a profile for this one. Try Dealroom →, a builder of autonomous precision munitions platforms, has raised a $60 million Series B that values the company at $600 million. Felicis led the round, with significant participation from HedosophiaDealroom has a profile for this one. Try Dealroom → and further backing from Menlo Ventures, Cantos, Flume VenturesDealroom has a profile for this one. Try Dealroom →, Qstar Capital, Friends Family CapitalDealroom has a profile for this one. Try Dealroom →, Anorak Ventures, and MVP VenturesDealroom has a profile for this one. Try Dealroom →.
Why now? The financing lands just three months after Heaviside emerged from stealth. Founded in 2024, the company builds munitions platforms across air, land, and sea for US and allied forces.
The partnership: Alongside the raise, Heaviside announced a deal with NammoDealroom has a profile for this one. Try Dealroom →, a Norway-based munitions maker with 27 production sites across 12 countries. Nammo will supply warheads for Heaviside's precision strike platforms, giving the startup an established supply chain to scale from.
What's the endgame? Heaviside will use the money to ramp production, accelerate hiring, and fulfil existing customer commitments. With facilities in Los Angeles and Oslo, it plans to expand its operational footprint across the US to enable high-volume manufacturing.
"Combined with our recent Series B financing, this partnership positions Heaviside to quickly scale and deliver our precision strike solutions to warfighters and allied customers worldwide," said chief executive officer Phillip Walker.
The signal: At $60 million, the round sits in the upper tier of venture financings, a scale that reflects sustained investor appetite for defense-tech startups tying software-driven autonomy to legacy munitions supply chains. Pairing a young company with an incumbent like Nammo signals a route to production credibility that pure startups often lack.
Read more: finanznachrichten.de
Image credit: Generated with Gemini
