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With leadership AI Edge and Cloud software for real-time classification, history, and predication capabilities organizations can create safe airspace rapidly and robustly. MatrixSpace, a leader in portable AI-enhanced radar counter drone sensing technology, announces the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team.

BURLINGTON, Mass. — MatrixSpace, a provider of portable AI-enhanced radar counter drone sensing technology, has announced the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team. The round was co-led by The Raptor Group and OTB Ventures. The Raptor Group is a Boston-based venture and growth fund investing in deep technology across a variety of industries. OTB Ventures is a European investor focused on dual-use defense and enterprise technology, with deep ties to both European industry and NATO.

MatrixSpace, startup działający w obszarze przenośnych technologii wykrywania dronów wspomaganych sztuczną inteligencją, zakończył rundy finansowania serii B o wartości 20 milionów dolarów. Pozyskanie tych środków oznacza znaczny wzrost wyceny w porównaniu z rundą serii A z maja 2023 r. i zwiększa łączną kwotę finansowania MatrixSpace do 58 milionów dolarów. Zakończenie tej rundy oznacza również pojawienie się nowych znaczących inwestorów, w tym polskiego OTB Ventures.

New funding underlines rising demand for compact, AI-enhanced counter-UAS systems MatrixSpace has closed a $20 million Series B funding round, pushing its total capital raised to $58 million to date. The Burlington, Massachusetts company specializes in portable radar systems that use artificial intelligence to help detect and respond to unmanned aerial systems (UAS) in real time.

MatrixSpace, a supplier of portable AI-enhanced radar counter drone sensing technology, has completed its $20m Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s funding to date to $58m. The completion of this round also introduces new investors, including L3Harris, to the MatrixSpace team.

MatrixSpace, a leader in portable AI-enhanced radar counter drone sensing technology, announces the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team.

MatrixSpace, a leader in portable AI-enhanced radar counter drone sensing technology, announces the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team.

MatrixSpace, a Burlington, MA-based leader in portable AI-enhanced radar counter drone sensing technology, closed a $20m Series B funding round. The round, which represented a valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58m, was co-led by The Raptor Group and OTB Ventures with participation from new investor L3Harris.
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Rapid, resilient counter-drone detection anywhere. Introducing MatrixSpace Portable 360 Radar™: a fully transportable, ruggedized radar kit that sets up in minutes, operates with minimal power, and provides resilient panoramic coverage wherever you need it that easily scales to assure public safety.
