Picogrid raises USD 45M Series A for open defense integration layer

May 29, 2026 · Funding · Picogrid · Mission Software

Picogrid completed a USD 45 million Series A led by Bessemer Venture Partners; certificate data places the post-money valuation at USD 299.3 million.

Picogrid company media
Company media · Picogrid
  • Bessemer Venture Partners led the round, joined by Washington Harbour, GSBackers, Initialized, Starburst, Credo, Giant Step and Alumni Ventures.
  • Picogrid said its integration ecosystem spans more than 100 defense systems and supports U.S. and allied deployments.
  • Forge certificate data reports a USD 299.3 million post-money valuation at USD 7.42 per share.

Picogrid builds hardware and software infrastructure for integrating mission-critical systems across defense, government, and industrial environments. Its Legion software, Orion command-and-control interface, and Expeditionary C2 Nodes connect sensors, drones, unmanned platforms, field hardware, and operator workflows into unified mission networks.