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ZeroMark Secures $7 Million Seed Funding to Revolutionize Counter-Drone Technology

May 30, 2024 By admin Leave a Comment

ZeroMark, a pioneering defense technology startup, has secured a $7 million seed funding round led by Ground Up Ventures and Andreessen Horowitz. This investment will expedite the development of ZeroMark’s AI-powered auto-aiming system, transforming standard infantry rifles into highly effective counter-drone solutions, providing a “handheld Iron Dome” accessible to every soldier.

Joel Anderson, CEO of ZeroMark, highlighted the critical need for their technology: “The proliferation of drone technology poses an evolving threat to our armed forces. Our mission is to empower every soldier with a cost-effective, highly portable counter-drone solution that delivers unparalleled performance. With the support of our investors, we are ready to deploy this critical capability and ensure our defenders maintain a decisive edge on the battlefield.”

ZeroMark’s cutting-edge technology integrates advanced computer vision and precision robotics with conventional firearms. This unique system augments the operator’s aim, enabling engagement with threats at unprecedented speed and accuracy. Enhancing standard-issue rifles without impeding their functionality, ZeroMark’s approach boosts the lethality and precision of armed forces, enhancing operational safety and decision-making efficiency. This technology ensures human control while enabling soldiers to effectively combat fast-moving, low-altitude drone threats.

Jordan Odinsky, Partner at Ground Up Ventures, emphasized the importance of ZeroMark’s mission. “As a firm with deep roots in Israel, we have witnessed firsthand the critical need for companies like ZeroMark to provide superior precision hardware and software systems to those that protect and defend freedom and democracy. We are thrilled to lead this funding round, which will enable ZeroMark to have an outsized impact on how the United States and its allies protect their citizens, law enforcement, and warfighters.”

Andreessen Horowitz (a16z), known for driving the American Dynamism movement, also led the funding round. Katherine Boyle, a General Partner at Andreessen Horowitz, stated, “Military precision is critical in the next generation of warfare. We’re proud to support ZeroMark as they build new technology to protect and serve armed forces on the battlefield.” ZeroMark’s groundbreaking work has earned them a place in a16z’s American Dynamism portfolio.

The seed funding will accelerate product development, enhance feature integration, and expand operational capabilities. ZeroMark’s technology, which can be seamlessly installed on any standard carbine or rifle without tools, features real-time threat analytics, friend vs foe identification, and automatic aim augmentation, crucial for maintaining tactical superiority in complex environments.

ZeroMark’s success is driven by a team of experts and veterans from across the military and technology sectors, including former special operators, leading engineers in computer vision and robotics, and advisors with deep government and security experience.

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