InfraDefenceThe capital behind defence.
Venture round · Completed · 24 Apr 2026

Picogrid equity raise of US$45m

Company
Picogrid
Type
Venture round
Status
Completed
Date
24 Apr 2026
Value
US$45m
Value basis
Private placement under Regulation D (equity)
Region
US
Segment
Venture and growth equity

Parties

Key terms

Structure
Private placement under Regulation D (equity)

Sources

  1. Picogrid Form D filed with the SEC sec.gov · 13 Jul 2026

Record DEF-INV-2026-0012. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.