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Picogrid has filed a notice of an exempt offering of securities to raise $12,319,995.00 in New Equity Investment.

Picogrid has filed a notice of an exempt offering of securities to raise $12,319,995.00 in New Equity Investment.

April 5, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Picogrid is raising up to $12,319,995.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Zane Mountcastle played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Picogrid
Picogrid builds a common platform to connect defense and autonomous systems. Picogrid is a defense technology company that builds a platform to connect fragmented defense systems. Our platform connects various third-party sensors, cameras, and autonomous systems together to create a ready-made ecosystem of capabilities. We envision a world in which operators are empowered to adopt the capabilities they need within seconds. Our growing capability ecosystem enables our customers to adopt new, third-party sensors, data sources, AI-processing tools, and human-machine interfaces instantly, creating a more resilient, effective, and efficient fighting force. Our products are used every day by our world’s most critical government and commercial organizations including the US Department of Defense, PG&E, and Cal Fire.

To learn more about Picogrid, visit http://picogrid.com/

Contact:
Zane Mountcastle, Chief Executive Officer
650-305-6775

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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4480, California, El Segundo, intelligence360, Los Angeles-Long Beach, Picogrid, Venture Capital

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