T. Rowe Price led a $200m Series C round in Epirus.

T. Rowe Price, a global investment management firm dedicated to helping clients achieve long term success, led a $200m Series C round in Epirus, a technology company developing solid-state, software-defined directed energy systems, with participation from 8VC, Bedrock, Broom Ventures, EPIQ Capital Group, Gaingels, General Dynamics Land Systems, I Squared Capital, Moore Strategic Ventures, Parkwood, Piedmont Capital Investments, Red Cell Partners and StepStone Group. “These funds position Epirus to further disrupt an industry in desperate need of change and invention. Epirus’ SmartPower platform will transform a broad range of defense and commercial applications by saving power, extending range and increasing reliability. At a time when drone attacks are on the rise, Epirus’ world-class leadership team has validated the efficacy of HPM technology,” Grant Verstandig, Epirus Executive Chairman and Co-Founder.