Raptor Group and OTB Ventures led a $20m Series B funding round in MatrixSpace.

Raptor Group, a venture capital firm, and OTB Ventures, a venture capital fund, led a $20m Series B funding round in MatrixSpace, a supplier of portable AI-enhanced radar counter drone sensing technology, with participation from L3Harris, an American technology company. "We're proud to welcome new investors OTB Ventures and industry powerhouse L3 Harris to MatrixSpace, along with the robust engagement of our existing investors. This new capital and industry partnerships position us extremely well for our next chapter of growth and cements our leadership in portable CUAS, or counter drone systems," Gregory Waters, MatrixSpace Co-Founder and CEO.