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Synopsis
Craft Ventures, a venture capital firm specializing in technology investments, led the $30m Series A funding round in Allen Control Systems, a defense robotics company focused on counter-drone systems, with participation from Inspired Capital and Rally Ventures. “High-value targets around the world are at risk from small unmanned systems. The urgent need for scalable, effective air defense solutions is creating immediate opportunities across the Department of Defense, international allies, and commercial sectors,” Mike Wior, ACS CEO and Co-founder.
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