Event

Firestorm Labs raises $47M Series A led by NEA

Jul 16, 2025 · Funding · Firestorm Labs · Defense

Firestorm Labs raised $47 million in Series A financing, including $12 million in venture debt, to expand xCell and modular UAS production.

  • New Enterprise Associates led the round, with Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, Booz Allen Ventures and others participating.
  • The total included $12 million in venture debt from J.P. Morgan.
  • The capital supports engineers, a larger production facility, the xCell factory-in-a-box platform and in-theater UAS production.

Firestorm Labs develops modular uncrewed aircraft and expeditionary manufacturing cells that can produce airframes near the point of need. Its xCell production system combines additive manufacturing, digital designs and mission-adaptable payload integration for Group 1–3 aircraft including the Tempest and Squall. Founded in San Diego in 2022, the company raised a $47 million Series A in 2025 to expand factories, aircraft development and deployable production.

Segment
Defense
Event type
Funding
Added to Korthos
Jul 15, 2026
Geography
San Diego · United States