Epirus

About

Epirus builds directed energy and power management systems to solve some of the world’s most complex problems.

Hawthorne,California,United States
https://www.epirusinc.com

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $200M
Industries: Aerospace,Machinery Manufacturing,Software
Founded date: Jan 1, 2018
Operating Status: Active
Legal Name: Epirus, Inc.
Also Known As: Epirus Systems

Epirus is a high-growth technology company developing solid-state, software-defined directed energy systems that enable unprecedented counter-electronics effects and power management solutions to optimize power efficiency in defense and commercial applications. With a constant emphasis on innovation, we are redefining the future of power to bring tomorrow’s capabilities to life, today. And that’s just the beginning. Visit our website to learn more about our innovative approach and cutting-edge product lines.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$287.63M

Epirus has raised a total of $287.63M in funding over 2 rounds. Their latest funding was raised on Feb 15, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 15, 2022	Series C	$200M	13	T. Rowe Price	—	Detail
Nov 18, 2021	Grant	$243K	1	National Science Foundation	—	Detail
Dec 17, 2020	Series B	$70M	6	Bedrock Capital	—	Detail
Nov 8, 2019	Series A	$17.38M	1	8VC	—	Detail

Investments

Number of Investments

Number of Lead Investments

9

1

Epirus has made 9 investments. Their most recent investment was on Nov 17, 2022, when DroneShield raised $3.70M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 17, 2022 DroneShield	Post-IPO Equity	$3.70M	Drones	Yes
Sep 30, 2021 Zero Hash	Series C	$35M	Blockchain	—
Aug 20, 2020 Rad AI	Seed	$8M	Artificial Intelligence	—
May 1, 2019 Golden	Seed	$5M	Artificial Intelligence	—
Mar 18, 2019 Pronto	Seed	$2M	Apps	—

Investors

Number of Lead Investors

Number of Investors

4

17

Epirus is funded by 17 investors. T. Rowe Price and National Science Foundation are the most recent investors.

Investor Name	Lead Investor	Funding Round
T. Rowe Price	Yes	Series C
National Science Foundation	Yes	Grant
Broom Ventures	—	Series C
8VC	—	Series C
Bedrock Capital	—	Series C
EPIQ Capital Group	—	Series C
Gaingels	—	Series C
General Dynamics Land Systems	—	Series C
I Squared Capital	—	Series C
Moore Strategic Ventures	—	Series C