# Picogrid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/picogrid

- Industry: Defence
- Headquarters: El Segundo, US
- Website: www.picogrid.com
- Total disclosed funding: $57M
- Latest round: Series A (Apr 24, 2026)
- Investors on record: 10

## About

Based in California, US, and founded in 2020, Picogrid, Inc. operates as a defense technology company that develops a field intelligence technology platform for government and commercial organizations. The company was founded by its CEO, Zane Mountcastle, and Martin Slosarik. In March 2024, Picogrid, Inc. raised USD 12 million in seed funding led by Initialized Capital, Starburst Ventures, Credo Ventures, Giant Steps Capital, DOMiNO Ventures, and Alumni Ventures Group. In May 2026, Picogrid, Inc. raised USD 45 million in series A funding led by Bessemer Venture Partners, with participation from Washington Harbour Partners, GSBackers, Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital, Alumni Ventures Group, and individual investors also participated in the round.

Picogrid offers software solutions for government and commercial organizations, including the US Department of Defense, PG&E, and Cal Fire. The company’s product line includes Legion, a cloud-based API that allows users to connect with various third-party autonomous systems; Lander, a long-duration sensor platform designed for various applications; Helios, a mobile communications and sensor platform; and Orion, a cloud-based command and control interface for managing autonomous systems.

The company will use the May 2026 funding to expand its products, improve integration capabilities, and scale deployments with military and partners.

## Funding rounds

- Series A, Apr 24, 2026, $45M — Bessemer Venture Partners, Credo Ventures, Initialized Capital, Alumni Ventures Group, Starburst Ventures, Washington Harbour Partners, GSBackers, Giant Step Capital
- Seed, Jan 10, 2024, $12M — Credo Ventures, Initialized Capital, Alumni Ventures Group, Starburst Ventures, Giant Steps Capital, DOMiNO Ventures

## Investors

- Credo Ventures (https://capitalatlas.ai/funds/credo-ventures) — Seed, Series A
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A
- Starburst Ventures (https://capitalatlas.ai/funds/starburst-ventures) — Seed, Series A
- Giant Steps Capital — Seed
- DOMiNO Ventures (https://capitalatlas.ai/funds/domino-ventures) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- Washington Harbour Partners (https://capitalatlas.ai/funds/washington-harbour-partners) — Series A
- GSBackers (https://capitalatlas.ai/funds/gsbackers) — Series A
- Giant Step Capital (https://capitalatlas.ai/funds/giant-step-capital) — Series A