EL SEGUNDO, Calif., March 26, 2024 /PRNewswire/ -- Picogrid , a defense technology startup, announces a $12 million seed round led by Initialized Capital with participation by Starburst Ventures, Credo Ventures, Giant Step Capital, Domino Ventures, and Alumni Ventures. Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers. The company's technology helps connect and remotely control sensors, drones, command interfaces, and other notoriously fragmented defense systems.Founders Zane Mountcastle and Martin Slosarik began building defense technology over a decade ago, developing autonomous systems first in their dorm rooms and then as contractors for the U.S. Army.Founders Zane Mountcastle and Martin Slosarik began building defense technology over a decade ago, developing autonomous systems first in their dorm rooms and then as contractors for the U.S. Army. Zane recalls, "It was a gut punch as an engineer trained in modern software

Mayday.ai a provider of real-time risk and disaster intelligence from Germany, formed a partnership with Picogrid, a California-based computer perception company solving physical security for large-scale infrastructure.