# WhiteFox Defense Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/whitefox-defense-technologies

- Industry: Aerospace
- Headquarters: San Luis Obispo, US
- Website: www.whitefoxdefense.com
- Total disclosed funding: $26M
- Latest round: Series A (Sep 18, 2019)
- Investors on record: 9

## About

WhiteFox Defense Technologies, Inc. specializes in advanced counter-drone solutions, providing airspace security to military, government, and commercial sectors through innovative detection and neutralization systems.Founded in 2015, WhiteFox Defense Technologies, Inc. is based in San Luis Obispo, US. The company focuses on advanced counter-drone technologies aimed at securing airspace. The founder, Luke Fox, has a background in technology and security solutions. In September 2019, the company raised USD 12 mn in Series A funding, co-led by Moore Venture Partners, SaaS Ventures, and returning investors including JAM Capital Partners and Okapi Venture Capital. This funding round marked a significant milestone in their growth, totaling USD 12 mn raised to date.WhiteFox Defense Technologies specializes in advanced counter-drone solutions aimed at providing comprehensive airspace security across various sectors. The company's core offerings include sophisticated Counter-UAS (C-UAS) systems that detect, track, identify, and neutralize unauthorized drones, ensuring protection for critical infrastructures such as military bases, airports, and sensitive facilities. Products like DroneFox and Scorpion deliver real-time situational awareness to end users, which include military, government, law enforcement agencies, and commercial operators. These solutions facilitate instant tracking and reporting of drone activity, creating a virtual protective bubble around designated airspaces without the need for extensive installation. WhiteFox Defense’s technology is marketed globally, with deployments in North America, Europe, and parts of Asia, catering to organizations that require enhanced security against evolving drone threats.WhiteFox Defense generates revenue through direct sales and partnerships within the defense and security sectors, offering its products as tailored solutions for various clients. The transaction structure primarily involves business-to-business agreements, where clients purchase systems like DroneFox and Scorpion for airspace security needs. Revenue streams are further supported by ongoing service contracts that may include maintenance and updates for the deployed systems. While specific pricing details for individual products are not disclosed, the offerings are designed to meet the diverse needs of their clientele, ensuring compliance with regulatory standards while providing scalable and reliable counter-drone capabilities. The company’s revenue model reflects its commitment to delivering effective airspace security solutions across multiple geographical markets.In September 2019, WhiteFox Defense Technologies, Inc. raised USD 12 mn in Series A funding to support its growth initiatives. The company aims to enhance its product line with the introduction of new advanced counter-drone solutions in the upcoming year. Additionally, WhiteFox plans to expand its market presence in Europe and Asia by the end of 2021, targeting sectors that require robust airspace security solutions. The recent funding will be utilized to accelerate research and development efforts and to bolster the company's operational capabilities, positioning them for increased market penetration.

## Funding rounds

- Series A, Sep 18, 2019, $12M — Okapi Venture Capital, Serra Ventures, Moore Venture Partners, JAM Capital Partners, SaaS Ventures
- Seed, Dec 6, 2018, $12M — OCA Ventures, Okapi Venture Capital, Serra Ventures, JAM Capital Partners, Stage Venture Partners, Marlinspike Partners
- Seed, May 1, 2017, $2M — Okapi Venture Capital, Frontier Venture Capital, Serra Ventures, JAM Capital Partners, Stage Venture Partners

## Investors

- Okapi Venture Capital (https://capitalatlas.ai/funds/okapi-venture-capital) — Seed, Series A
- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Seed
- Serra Ventures (https://capitalatlas.ai/funds/serra-ventures) — Seed, Series A
- JAM Capital Partners (https://capitalatlas.ai/funds/jam-capital-partners) — Seed, Series A
- Stage Venture Partners (https://capitalatlas.ai/funds/stage-venture-partners) — Seed
- OCA Ventures (https://capitalatlas.ai/funds/oca-ventures) — Seed
- Marlinspike Partners (https://capitalatlas.ai/funds/marlinspike-partners) — Seed
- Moore Venture Partners (https://capitalatlas.ai/funds/moore-venture-partners) — Series A
- SaaS Ventures (https://capitalatlas.ai/funds/saas-ventures) — Series A