Scout Ventures
Canvas Category Consultancy : Company : Venture Capital
Scout Ventures is an early-stage venture capital firm making the world a better, safer place by investing in frontier and dual-use technologies built by veterans, intelligence leaders, and premier research labs. By leveraging our network of professional investors, operators, and experienced entrepreneurs, Scout can effectively execute every aspect of our investment thesis. We’re also paving the way for military veterans and intelligence professionals to access hundreds of millions in government grants and non-dilutive capital.
Assembly Line
Beacon AI Secures $15M in Series A Funding to Bring AI into Flight Decks
Beacon AI, a Silicon Valley-based aviation intelligence startup, announced it raised $15 million in Series A funding, led by Costanoa Ventures, with significant participation from Scout Ventures, joining numerous new and existing investors including Sam Altman, and JetBlue Ventures - raising the total venture funding to $20M.
Beacon is on a mission to put AI assistance in every professional flight deck to improve flight safety and efficiency for defense and commercial operators. Beacon is focused primarily on aircraft represented in the commercial market and their defense twins. The adaptable platform presents a dual-use opportunity by being able to serve both markets on similar aircraft. The Series A investment will allow Beacon to expand its team, deliver on existing DOD and commercial engagements, and accelerate the deployment of its flagship products: Murdock, an AI-powered pilot assistant akin to R2-D2 for pilots, and Lighthouse, its data platform and flight management system.
HavocAI Closes $11M Seed Round to Revolutionize Autonomous Uncrewed Surface Vessel Operations
HavocAI Inc., a leading innovator in autonomous uncrewed surface vessel technology, is excited to announce the successful closing of an $11 million Seed round of funding. The round was led by Scout Ventures, co-led by Trousdale Ventures, and saw additional participation from Outlander VC, The Veteran Fund, BV.VC, Decisive Point, Alumni Ventures, and New North Ventures. This strategic investment will fuel HavocAI’s mission to enable ultra low-cost autonomous surface vessels to operate at an unprecedented scale across both defense and commercial markets.
This latest funding will enable HavocAI to expand its production capacity, enhance product development, and accelerate customer acquisition, ensuring that the company remains at the forefront of autonomous uncrewed vessel technology.
Taqtile Adds Leading Dual-Use VC Firm, Scout Ventures, to Its Investor Roster
Taqtile, Inc., maker of Manifest®, the leading spatially-enabled work-instruction platform serving the industrial and defense sectors announces the addition of Scout Ventures as an investor. Taqtile will also add Scout Founder and Managing Partner, Brad Harrison, as a Board Observer. Scheduled to close in early 2024, this new financing will support strategic initiatives, including ramping up essential marketing programs, expanding support and sales staff, and bolstering engineering and development efforts.