Allen Control Systems Raises $200 Million Series B Led By Smash Capital At $2.2 Billion Valuation

Allen Control Systems, a defense robotics startup focused on autonomous precision weapon systems, has raised a $200 million Series B funding round at a $2.2 billion post-money valuation. This capital is intended to scale manufacturing and enhance the deployment of its counter-drone platform known as Bullfrog. The funding round was led by Smash Capital, with additional participation from Craft Ventures, Rally Ventures, and Inspired Capital.

Summary of transaction details:

• Deal Type: Series B Funding
• Transaction Amount: $200,000,000
• Valuation: $2,200,000,000
• Company HQ: Austin, Texas
• Founders: Steven Simoni, Luke Allen, Mike Wior
• Notable Investors: Smash Capital, Craft Ventures, Rally Ventures, Inspired Capital

The company aims to expand its production capabilities to satisfy the increasing demand for its AI- and computer vision-driven platform that integrates with legacy weapons systems. Co-founder and CEO Mike Wior indicated that the funding will support the rising demand from the U.S. Army and Navy, as well as allied forces, where the system has already been validated in recent defense trials.