Overview
Hadean, a London-based defense startup, has secured a bridge round to advance towards its Series B funding. Founded in 2017, the company utilizes AI and spatial computing to create simulations for defense organizations and government agencies. While the exact amount of the bridge round is undisclosed, the UK government-owned British Business Bank confirmed a £2.1 million investment. Other investors include Booz Allen Ventures and Entrepreneur First. This funding aims to enhance deployments with the UK Ministry of Defence and the US Department of War, addressing the growing demand for defense capabilities.
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Investors: British Business Bank, Booz Allen Ventures, Entrepreneur First
Hadean, a London-based defense startup, has secured a bridge round to advance towards its Series B funding. Founded in 2017, the company utilizes AI and spatial computing to create simulations for defense organizations and government agencies. While the exact amount of the bridge round is undisclosed, the UK government-owned British Business Bank confirmed a £2.1 million investment. Other investors include Booz Allen Ventures and Entrepreneur First. This funding aims to enhance deployments with the UK Ministry of Defence and the US Department of War, addressing the growing demand for defense capabilities.