Merlin Labs
Latest round
- Series B
Last raised
- Mar 2022
Total raised
- $158M
Investors
- 12
About Merlin Labs
Based in Boston, MA, US, Merlin Labs, Inc.Merlin Labs was founded in 2018 in Boston, US, and is focused on developing advanced pilot automation systems. The company has pursued multiple deals, totaling 5, with the latest deal occurring on March 9, 2022.85 mn.Merlin Labs specializes in the development of advanced pilot automation systems, specifically designed to enhance the capabilities of various military and civilian aircraft. Their core offering, the Merlin Pilot, is an autonomous system capable of full flight operations—from takeoff to landing—utilizing sophisticated sensor technology and Natural Language Processing algorithms for effective communication and navigation. This system aims to address the growing demand for reduced crew operations in aviation, providing a solution for operational efficiency, safety, and cost-effectiveness. The Merlin Pilot is currently being integrated into military platforms such as the C-130J Super Hercules and KC-135 Stratotanker, with future plans for the F-16, targeting military clients and potential civilian freight operations.Merlin Labs generates revenue through partnerships and collaborations with military and aviation entities, focused on the deployment of their flagship product, the Merlin Pilot. The company engages in direct B2B transactions, particularly with governmental and defense agencies that require advanced automation systems for their fleets. Contracts are structured around the development, integration, and testing phases of their products, involving milestone payments tied to specific project deliverables and certifications. Additionally, the firm may engage in long-term contracts for ongoing support and upgrades of the Merlin Pilot system, ensuring clients have access to the latest advancements in autonomous flight technology.In March 2022, Merlin Labs, Inc. The company plans to enhance its flagship product, the Merlin Pilot, potentially targeting new functionalities and features. Furthermore, Merlin Labs is eyeing expansion into additional international markets beyond the US and New Zealand, although specific regions have yet to be defined.
Who invested in Merlin Labs
12 investors across 5 rounds
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Questions about Merlin Labs
Who invested in Merlin Labs?
Merlin Labs has 12 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Merlin Labs raised?
Merlin Labs has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Merlin Labs last raise money?
Merlin Labs's most recent round on record is a Series B, in Mar 2022.
What does Merlin Labs do?
Based in Boston, MA, US, Merlin Labs, Inc.
Where is Merlin Labs headquartered?
Merlin Labs is headquartered in Boston, US.
Which VCs invest in companies like Merlin Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Merlin Labs's stage. Their profiles are linked below.
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