United States · Series B startup

Who invested in MatrixSpace

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIDefence TechDrones

Raised 7 months ago

Funding summaryUpdated 5 Nov 2026

$45Mraised across 2 rounds since 2025, from 2 sources

$20MSeries B$25MRound
Latest round
Round, $25MMar 2026
Step-upi
1.2×
Investors
4 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$20MSeries B$25MRound
First round
Series B, $20M
Oct 2025
Biggest round
$25M
Round · Mar 2026
Between rounds
5 months
from the last two

The rounds

  1. Mar 2026
    Round$25M

    No investor was named in the report.

    Filed with the SEC (Form D); no report of this raise yetSEC filing: $25M sold, first sale Mar 2026

  2. Oct 2025

Funding filed with regulators

MatrixSpace filed 2 raises, $57M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Mar 2026$25M11 investorsSEC Form D
  2. May 2023$32M30 investorsequitySEC Form D

Founders and team

From MatrixSpace's own website: 1 founder, 6 on the team.

Greg WatersCo-founder & CEO
  • George JustinianoChief Financial Officer
  • Dan NobbeVP of RF and Radar Systems
  • Dr. Nihar NandaVP of AI Software
  • John BagociusHead of Sales
  • John KnagVP of Product
  • Lexi KantorHead of People

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

OTB VenturesVC firm1round, led 1
Intel CapitalCorporate VC1round
Raptor GroupPrivate equity1round
L3HarrisInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about MatrixSpace

Who invested in MatrixSpace?

MatrixSpace's investors include OTB Ventures, Intel Capital, Raptor Group and L3Harris.

How much has MatrixSpace raised?

MatrixSpace has raised $45M across 2 rounds since 2025.

When did MatrixSpace last raise?

MatrixSpace's most recent round, $25M, was in Mar 2026.

What was MatrixSpace's biggest round?

Its most recent round, $25M in Mar 2026, is also its largest on record.

Who backed MatrixSpace first?

MatrixSpace's first round on record, in Oct 2025, was backed by OTB Ventures, Intel Capital and Raptor Group and 1 others.

What stage is MatrixSpace at?

MatrixSpace's latest named round is a Series B, in Oct 2025.

Where is MatrixSpace based?

MatrixSpace is based in the United States.

Who led MatrixSpace's rounds?

OTB Ventures led the Series B in 2025.

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