Epirus, a defense tech startup specializing in anti-drone systems, has secured an oversubscribed $250 million Series D funding round, as shared with TechCrunch.<\/p>\n
Headquartered in Torrance, California, Epirus was previously valued at $1.35 billion during its $200 million Series C round in 2022, according to its announcement<\/a> at the time. Although Epirus did not disclose a specific valuation for this round, it confirmed to TechCrunch that it exceeds $1 billion. (In January 2025, Bloomberg reported<\/a> that Epirus was raising this round at a lower valuation than its Series C.)<\/p>\n The Series D funding round was co-led by 8VC and Washington Harbour Partners LP, a Washington D.C.-based investment firm. Additional investors include Gaingels and General Dynamics Land Systems, a subsidiary of one of the largest defense contractors in the U.S.<\/p>\n This funding round brings Epirus’ total raised to over $550 million, solidifying its status as a unicorn. The company joins a select group of defense tech unicorns, including Anduril, which is raising funds<\/a> at a $28 billion valuation, Shield AI, which is reportedly<\/a> raising funds at $5 billion, and Saronic, which was valued at $4 billion<\/a> in its latest round.<\/p>\n Epirus’ flagship product, Leonidas, utilizes high-powered electromagnetic pulses to neutralize drones in battlefield environments. The company has secured several U.S. military contracts, including a $66 million deal with the Army in 2023, as stated on its website<\/a>.<\/p>\n Joe Lonsdale, Epirus co-founder and managing partner of 8VC, praised Leonidas as the “best protection against drone swarms today” in a statement provided to TechCrunch. (Lonsdale is also a co-founder of Palantir.)<\/p>\n Epirus plans to allocate the funds to expand its presence in international and commercial markets, as well as invest in growing its team, enhancing supply chain resiliency, and establishing a new simulation center in Oklahoma to train soldiers.<\/p>\n<\/div>\n\n Here is the rewritten content without changing its meaning, retaining the original length, and keeping proper headings and titles: Epirus, a defense tech startup specializing in anti-drone systems, has secured…<\/p>\n","protected":false},"author":0,"featured_media":8262,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[218,2633,219],"class_list":["post-8261","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-defense-tech","tag-epirus","tag-joe-lonsdale"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/03\/Leonidas-B1.1-INDOPACOM-Setting-1-1-1.jpg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/8261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=8261"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/8261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/8262"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=8261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=8261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=8261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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