Vannevar Labs raises $75M Series B for national-security technology
Vannevar Labs raised $75 million in Series B funding to expand its national-security software and product portfolio.
Why it matters
Vannevar Labs announced a completed financing round to support its operating and product plans.
Evidence notes
- Felicis led the round with participation from DFJ Growth, General Catalyst, Point72 Ventures, Costanoa Ventures and Shield Capital.
- The financing followed a $12 million Series A announced in August 2021 and a $4.5 million seed round.
- Vannevar expanded beyond Decrypt into sensing, cyber, maritime awareness and mission-assessment products.
Company context
Vannevar Labs builds defense software, sensing systems and autonomous agents for national-security missions, spanning foreign-language intelligence, maritime awareness and operational assessment. It raised $75M in Series B funding in January 2023 and says it was valued at $1.5B as of October 2024 while expanding from Decrypt into a broader defense-prime model.