# Firestorm Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/firestorm-labs

- Industry: Aerospace
- Headquarters: San Diego, US
- Website: www.launchfirestorm.com
- Total disclosed funding: $58M
- Latest round: Series B (Feb 20, 2026)
- Investors on record: 23

## About

Founded in 2022 by Dan Magy, Chad McCoy and Ian Muceusand ,based in California, US, Firestorm Labs, Inc. operates as a provider of open architecture unmanned aerial systems for warfighters.In February 2026, Firestorm Labs, Inc. raised USD 35 million in series B funding led by returning investor Washington Harbour Partners, with participation from other returning investors Booz Allen Ventures, New Enterprise Associates, and Lockheed Martin Ventures. New investors Ondas Networks Inc., In-Q-Tel, Geodesic Capital, Motley Fool Ventures, Litquidity , Alumni Ventures and other unspecified investors also participated in the round. The company offers a flight controller, mission computer, and vehicle management system used for unmanned aerial systems (UAS), along with manufacturing, automation, and robotic-assisted assembly. The company controls all Firestorm vehicles and provides substantial computing resources with swappable propulsion systems for different mission needs. The company will use the funding to scale production of its containerized xCell manufacturing platform and expand field deployment of on-demand drone and parts manufacturing across operational theaters, with a focus on the Indo-Pacific.

## Funding rounds

- Series B, Feb 20, 2026, $35M — New Enterprise Associates, In-Q-Tel, Alumni Ventures Group, Geodesic Capital, Lockheed Martin Ventures, Motley Fool Ventures, Washington Harbour Partners, Ondas Networks Inc., Booz Allen Ventures, Litquidity
- Series A, Jun 6, 2025, $10M — New Enterprise Associates, Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, Booz Allen Ventures
- Seed, Mar 21, 2024, $13M — Redcats Group, 645 Ventures, IronGate Partners, Lockheed Martin Ventures, Beyond Capital, Backswing Ventures, Decisive Point, The Veteran Fund, Feld Ventures, Silent Ventures, Overmatch, Cubit Capital, Marquee Ventures, Bravo Victor Venture Capital

## Investors

- Redcats Group — Seed
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Seed
- IronGate Partners — Seed
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Seed, Series A, Series B
- Beyond Capital — Seed
- Backswing Ventures (https://capitalatlas.ai/funds/backswing-ventures) — Seed
- Decisive Point (https://capitalatlas.ai/funds/decisive-point) — Seed, Series A
- The Veteran Fund (https://capitalatlas.ai/funds/the-veteran-fund) — Seed
- Feld Ventures (https://capitalatlas.ai/funds/feld-ventures) — Seed
- Silent Ventures (https://capitalatlas.ai/funds/silent-ventures) — Seed
- Overmatch (https://capitalatlas.ai/funds/overmatch) — Seed
- Cubit Capital (https://capitalatlas.ai/funds/cubit-capital) — Seed
- Marquee Ventures (https://capitalatlas.ai/funds/marquee-ventures) — Seed
- Bravo Victor Venture Capital (https://capitalatlas.ai/funds/bravo-victor-venture-capital) — Seed
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B
- Washington Harbour Partners (https://capitalatlas.ai/funds/washington-harbour-partners) — Series A, Series B
- Booz Allen Ventures (https://capitalatlas.ai/funds/booz-allen-ventures) — Series A, Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Geodesic Capital (https://capitalatlas.ai/funds/geodesic-capital) — Series B
- Motley Fool Ventures (https://capitalatlas.ai/funds/motley-fool-ventures) — Series B
- Ondas Networks Inc. — Series B
- Litquidity (https://capitalatlas.ai/funds/litquidity) — Series B