Picogrid raises $45M series a
Picogrid raised $45M in series a funding, announced on 29 May 2026, led by Bessemer Venture Partners, with participation from Washington Harbour, GSBackers, Initialized Capital, Starburst Ventures, Credo Ventures, Alumni Ventures, Giant Step Capital. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
Hardware and software integration startup providing data platforms and edge compute nodes for defense technology integration. Picogrid is based in United States and currently at series a stage, operating in deeptech, defense.
Alumni Ventures is profiled on Raise, Fusion42's database of venture funds — where each investor's thesis, cheque size and other tracked backings can be followed. This funding event is a citable node in Fusion42's market graph: it links Picogrid's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur, Fusion42's AI co-founder, reasons over when benchmarking a founder's own raise against what is closing in the market right now.
Round details
| Company | Picogrid |
| Stage | series a |
| Amount | $45M |
| Announced | 29 May 2026 |
| Lead | Bessemer Venture Partners |
| Participation | Washington Harbour, GSBackers, Initialized Capital, Starburst Ventures, Credo Ventures, Alumni Ventures, Giant Step Capital |
| Source | announcement ↗ |
Investing funds on Raise
Explore: Series A · United States
Frequently asked questions
- How much did Picogrid raise?
- Picogrid raised $45M in its series-a round, announced 2026-05-29.
- Who invested in Picogrid's series-a round?
- The round was led by Bessemer Venture Partners, with participation from Washington Harbour, GSBackers, Initialized Capital, Starburst Ventures, Credo Ventures, Alumni Ventures and Giant Step Capital.
- What does Picogrid do?
- Hardware and software integration startup providing data platforms and edge compute nodes for defense technology integration.
Verified 30 May 2026 · Sources: public filings