Defense tech startup Epirus has announced the successful oversubscription of a $250 million Series D funding round, affirming its unicorn status with a valuation over $1 billion. Co-led by 8VC and Washington Harbour Partners, this investment aims to support Epirus' flagship product, Leonidas, an advanced anti-drone system leveraging electromagnetic pulse technology. The funds will facilitate growth into international markets, bolster team development, enhance supply chain resilience, and establish a new simulation center in Oklahoma to train military personnel. Epirus stands out alongside notable defense tech firms in a competitive funding landscape.
Epirus has raised an oversubscribed $250 million Series D round, solidifying its status as a unicorn in the defense tech sector while expanding its product and market presence.
The Series D funding aims to fuel Epirus' growth in international and commercial markets while enhancing team capabilities and expanding training facilities for military personnel.
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