MatrixSpace designs and sells compact, ultra-low-power radar products that combine edge-based artificial intelligence with cloud software to deliver real-time detection, classification, history, and prediction of objects in challenging environments. Its flagship MatrixSpace Radar provides affordable situational awareness for both civil and defense customers, operating effectively in low-light and low-visibility conditions. The company positions its technology as a rapidly deployable counter-UAS solution that can secure airspace, perimeters, and other dynamic outdoor areas. Recent strategic partnerships, such as with defense industry leader L3Harris, underscore MatrixSpace’s ambition to become the portable CUAS market leader. With the new capital from its Series B, management plans an accelerated growth phase and deeper industry penetration. Financially, the firm has now raised a cumulative $58 million, reflecting a significant valuation step-up since its Series A in May 2023.

Total raised

$30M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2025