This Weeks Dealflow: VATN Systems, Scout AI, Pillar Security
Plus: Zach Beecher joins Scout Ventures; Peter Thiel's new $4.6B fund, explained -- and more!
For 22 April 2025, here are the deals we’re covering:
Vatn Systems Raises $13m Seed Round to Develop AUVs for US DOD
Founded in April 2023, Vatn Systems, a provider of autonomous underwater vehicles for the US military, has raised a $13 million seed round.
The round was led by DYNE Ventures. Lockheed Martin Ventures, RTX Ventures, In-Q-Tel (IQT), Propeller Ventures, SAIC Ventures, Cubit Capital, Fortitude Ventures, Centre Street Partners, The Veteran Fund, Blue Collective, and Decisive Point also participated in the round.
Vatn Systems' modular autonomous underwater vehicles are designed to enable customers to deploy effects at scale against undersea and surface targets. The company Vatn Systems is actively testing its systems in military exercises with the US Navy and the US Marine Corps.
Unmanned Vehicle Tech Startup Scout AI Raises $15M Seed Round
Scout AI, a unmanned vehicle manufacturing and autonomy software firm, has raised $15 million in seed capital. The seed round was led by Align Ventures and Booz Allen Hamilton’s venture capital arm.
One of Scout AI’s key differentiators is its use of a vision-language-action foundation AI model called Fury. Fury is designed to perceive the physical world, interpret natural language, and issue real-time motor commands to intelligent and autonomous robotic vehicles.
Pillar Security Closes $9M Seed Round
Pillar Security, a startup focused on end-to-end AI application protection, has raised $9 million in Seed funding to address security gaps in the enterprise AI stack. The round was led by Shield Capital. Golden Ventures and Ground Up Ventures also invested in the round.
Based in Israel, Pillar believes that the growing use of agentic, self-executing software is outpacing traditional security controls and requires new cybersecurity solutions.
This Week’s Investors:
Align Ventures
Blue Collective
Booz Allen Hamilton Ventures
Centre Street Partners
Cubit Capital
Decisive Point
DYNE Ventures
Fortitude Ventures
Golden Ventures
Ground Up Ventures
Lockheed Martin Ventures
Propeller Ventures
RTX Ventures
SAIC Ventures
Shield Capital
The Veteran Fund
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