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Private companiesTracked

Heaviside Industries

Los Angeles, CA · Founded 2024

Heaviside Industries builds autonomous precision munitions for air, land and sea for U.S. and allied forces, with offices in Los Angeles and Oslo. Nammo supplies the warheads for its platforms.

Profile

What it builds and who buys it

  • ·Founded in 2024, the company operated in stealth for more than two years before announcing its Series A in May 2026.Heaviside Industries (company release via Business Wire, VCA Online), May 11, 2026
  • ·At its Series A it had more than 50 engineers and operators across offices in Los Angeles and Oslo, Norway.Heaviside Industries (company release via Business Wire, VCA Online), May 11, 2026
  • ·It produces munitions in both the U.S. and Norway, Tectonic reported.Tectonic, May 11, 2026
  • ·Its first deployed products are aerial and underwater munitions platforms, designed for jammed and GPS-denied environments.Heaviside Industries (company release via Business Wire, VCA Online), May 11, 2026
  • ·Walker told Tectonic in May 2026 that its munitions were in low-rate production and being tested by U.S. special forces, NATO special forces and conventional forces in several NATO countries and the U.S.Tectonic, May 11, 2026
  • ·Walker told Tectonic the goal is dozens of products in each of the land, air and sea domains, made in the tens of thousands a year.Tectonic, Aug 12, 2026
  • ·Nammo, the Norwegian munitions maker, is the warhead supplier for Heaviside’s multi-domain precision munitions platforms.Heaviside Industries (company release via Business Wire, 01net), Aug 12, 2026
  • ·The company said it would use the Series B to ramp production capacity, hire, fulfill existing customer commitments and expand across the U.S. for high-volume production.Heaviside Industries (company release via Business Wire, 01net), Aug 12, 2026
  • ·The U.S. Army awarded it a five-year contract worth up to $99 million to procure, field, upgrade and sustain MOTH handheld radio-frequency spectrum analyzers. Initial deliveries are expected in fiscal 2027, and completion is estimated for August 27, 2031.The Defense Post, Oct 1, 2026
  • ·MOTH weighs less than one pound and passively monitors radio-frequency emissions, alerting soldiers to signals from drones, communications equipment and other transmitters.The Defense Post, Oct 1, 2026

Founders and leadership

  • Phillip WalkerFounder and chief executive

    Spent years selling custom systems to U.S. government customers before founding the company, according to Felicis, which led its Series B.Felicis, Aug 12, 2026

Funding

Last valuation

$600M

Post-money, Series BHeaviside Industries (company release via Business Wire, 01net), Aug 12, 2026

Last round or tender

$60Mraised

Series BHeaviside Industries (company release via Business Wire, 01net), Aug 12, 2026

Led by Felicis with significant participation from Hedosophia, and with Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures and MVP Ventures. Announced with a partnership under which Nammo supplies the warheads for Heaviside’s platforms.

Latest revenue figure

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Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Aug 12, 2026Series BLed by Felicis with significant participation from Hedosophia, and with Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures and MVP Ventures. Announced with a partnership under which Nammo supplies the warheads for Heaviside’s platforms.$60M$600M
May 11, 2026Series ALed by Interlagos with Menlo Ventures, Flume Ventures, Cantos and Anorak Ventures, and individual investors Frank Finelli, Paul Dimitruk and Aaditya Devarakonda. The company emerged from stealth with the round. No valuation was stated.$28M—

Primary capital across the rounds on file: $88M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice: the page says no recent secondary market data is available. A second Caplight page, at /company/heaviside, describes the same company but links to a different company’s website.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026