The starter epi-tiring of the defense technology, which specializes in anti-drone systems, has collected an excessive subscription of the D series worth $ 250 million, said TechCrunch.
Epirus based in Torrance, California was previously priced at $ 1.35 billion for $ 200 million C in 2022, According to the announcement then. Epirus didn’t give a specific valuation of this round, but confirmed TechCrunch that it is over $ 1 billion. (Bloomberg informed in January 2025 that the Epirus raised this round at a lower valuation than its series C.)
The D series was run by 8 VC and Washington Harbor Partners LP, an investment company based in DC. Other investors are Gaingels and General Dynamics Land Systems, a subsidiary of one of the largest defense contractors in the USA.
This will increase the number of epiks to over $ 550 million. His unicorn status puts him among relatively few defense technicians in this league. There is Anduril, which collects at a valuation of $ 28 billion, in addition to AI Shield, which is apparently Collecting $ 5 billion and Saronic, which was priced at $ 4 billion in the last round.
The flagship product Epirus is Leonidas, which radiates high -power electromagnetic impulses on drones when it moves on the battlefield. Epirus won a number of military contracts in the USA, including an agreement worth $ 66 million from 2023, on your website.
Joe Lonsdale, one of the co -founders of Epirus and the 8VC managing partner, advertised Leonidas as “the best protection against drone swarms” in a statement sent to TechCrunch. (Lonsdale is also a co -founder of Palantir.)
Epirus claims that he plans to use funds to extend to international and business markets. The company also claims that it’ll invest in developing its team, improving the resistance of the supply chain and opening a latest simulation center in Oklahom to train soldiers.