Picogrid
Builds Legion, an open integration and data fusion layer that connects sensors, effectors and autonomous systems from different vendors.
Lithuanian soldier with Raven drone and ground station, Hohenfels. Photo: U.S. Army photo by Cpl. Eric Perez, Public domain (PD-USGov-Military-Army).
Funding history
| Date | Round | Amount |
|---|---|---|
| May 2026 | Series A | $45M |
Why it matters
Platform deployed with US and allied forces; production in California and Oklahoma; $9.3M Air Force SBIR Phase III for counter-drone software reported in February 2026.
Is Picogrid publicly traded?
Picogrid is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Information only, not investment advice.
Some figures rest on a single report. Treat them as indicative.Last verified November 14, 2026
Picogrid: key questions
What does Picogrid do?
Builds Legion, an open integration and data fusion layer that connects sensors, effectors and autonomous systems from different vendors.
What does Picogrid make?
Products named by Picogrid include Legion.
Where is Picogrid based?
Picogrid is headquartered in El Segundo, California. It was founded in 2020.
How much funding has Picogrid raised?
Total funding is ~$57M, based on announced and reported rounds. Latest round: Series A, $45M, May 2026.
Who are Picogrid's investors?
Notable investors include Bessemer Venture Partners, Washington Harbour Partners, Initialized Capital, Starburst Ventures, Credo Ventures, GSBackers.
Is Picogrid publicly traded?
Picogrid is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Can you buy Picogrid stock?
Not on a public exchange: Picogrid is a private company. Shares of private companies change hands only in private transactions open to accredited investors, when the company allows it. This is not investment advice.
Sources
- washingtontechnology.com/companies/2026/06/picogrid-collects-45m-series-round-integrate-de
- intelligencecommunitynews.com/picogrid-raises-45m-in-series-a/
- thenextweb.com/news/picogrid-45m-series-a-defense-integration
Figures come from company announcements, government sources and press reports. Spot an error? Send a correction. Nothing here is investment advice.
Similar companies
More defense ai and autonomy companiesAnduril Industries
Costa Mesa, CaliforniaBuilds the Lattice software platform and autonomous systems, from air defense and counter-drone interceptors to uncrewed aircraft and undersea vehicles, plus high-rate manufacturing.
Applied Intuition
Mountain View, CaliforniaSupplies vehicle software, simulation and autonomy stacks for automotive, trucking and defense, including uncrewed ground, air and maritime systems.
ASI (Air Space Intelligence)
Boston, MassachusettsBuilds AI planning and monitoring software for air traffic, airline and military operations, including command and control for the Army and Air Force.