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MatrixSpace raises $20M in Series B to expand counter-drone tech

The Raptor Group, OTB Ventures lead round; L3Harris joins as investor

Cargo Facts - AI AssistedbyCargo Facts - AI Assisted
October 16, 2025
in Advanced Air Mobility
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Counter-drone technology developer MatrixSpace has closed a $20 million Series B funding round co-led by The Raptor Group and OTB Ventures. Burlington, Mass.-based MatrixSpace develops portable radar systems that use AI to detect and classify drones. The latest funding increases the company’s valuation and brings total investment to $58 million since its founding, according to […]

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