COMPANY INFO
Firestorm Labs, Inc. is an aerospace and defense company founded in 2022 and headquartered in San Diego, CA. The company was founded by Dan Magy, Chad M, and Ian Muceus and employs around 39 people. Firestorm manufactures loitering munitions and modular unmanned aerial systems designed for military applications, offering precision payload delivery and modularity for modern battlefield needs. Their website is https://launchfirestorm.com.
Firestorm Labs, Inc. is an aerospace and defense company founded in 2022 and based in San Diego, California. Specializing in manufacturing loitering munitions and modular unmanned aerial systems for military use, Firestorm Labs delivers precision payload delivery platforms and modularity suited to the modern battlefield. Founded by Dan Magy, Chad M, and Ian Muceus, the company employs around 39 people and has rapidly established itself as an innovator in the defense sector.
Since its inception, Firestorm Labs, Inc. has demonstrated a strong funding strategy, securing a total of $40.52 million across four funding rounds. The company has attracted major interest from leading defense-focused venture capital firms and strategic investors. Notably, Firestorm Labs, Inc. funding rounds have supported advanced product development, operational scaling, and strategic market entry. The involvement of prominent names such as Lockheed Martin underscores the confidence investors have in the company’s technology and vision.
This Series A round was directed toward product development and scaling operations as Firestorm Labs, Inc. expands both its technological capabilities and market reach.
The Seed round, led by Lockheed Martin Ventures and other defense sector VCs, provided capital for the initial launch and development of modular unmanned aerial systems, establishing a foundation for future growth.
This debt round was used to support operational expenses and fuel company growth during crucial early scaling stages.
An early seed round, with participation from Red Cat Holdings, supported initial company setup and product development efforts in the emerging defense tech landscape.
A global aerospace, defense, and security company, Lockheed Martin has emerged as a leading investor in Firestorm Labs, Inc. funding, supporting technological advancements and strategic product launches for defense applications.
Decisive Point is a venture capital firm focusing on dual-use technology and national security startups. Their early investment in Firestorm Labs, Inc. underscores the company's potential in defense tech innovation.
As a public technology company specializing in drone hardware and software, Red Cat Holdings participated in Firestorm Labs, Inc.'s early seed funding, providing crucial backing for product prototyping.
An early-stage venture capital firm with an eye on deep technology, 645 Ventures joined other investors in supporting Firestorm Labs, Inc.'s growth and technology roadmap.
Feld Ventures, known for backing fast-growing technology companies, contributed to Firestorm Labs, Inc. investment, aiding their mission-driven R&D and market expansion.
Specializing in early-stage investments, Harpoon VC’s participation in Firestorm Labs, Inc. funding rounds highlights the firm's confidence in the company's future and defense industry relevance.
The venture capital arm of Lockheed Martin, Lockheed Martin Ventures, played a pivotal role in leading Firestorm Labs, Inc.'s seed round, signaling strong strategic alignment and support.
Mana Ventures invests in transformative startups; their support helped Firestorm Labs, Inc. execute its growth plans and accelerate innovation cycles.
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