Firestorm Labs Soars with $12.5M in Seed Funding

March 22, 2024, 9:31 am
Firestorm Labs
Firestorm Labs
Location: United States, California, San Diego
Employees: 11-50
Founded date: 2022
Total raised: $12.5M
San Diego's Firestorm Labs, a pioneer in unmanned aerial systems (UAS), has secured a hefty $12.5M in seed funding. The investment comes from a consortium of top-tier backers, including Lockheed Martin Ventures, Decisive Point, Silent Ventures, and a slew of other prominent venture capital firms. Firestorm Labs is making waves with its cutting-edge 3D-printed, interconnected, and interchangeable aircraft component technology. CEO Dan Magy is at the helm of this innovative company, which plans to use the funding to ramp up production and expand its team to keep up with the surging demand for its products.