Firestorm Labs

Private

San Diego defense startup building xCell, a containerized 3D-printing drone factory that prints unmanned aerial systems in under 24 hours for forward-deployed military operations. Backed by Lockheed Martin Ventures, NEA, and In-Q-Tel.

Founders Daniel Magy, Chad McCoy
CEO Daniel Magy

Company

Founded
2022
Headquarters
San Diego, United States

Financials

Total Funding
$142M
Sectors
Artificial Intelligence Aerospace Hardware
www.launchfirestorm.com

Funding History

3 rounds
Series B Apr 29, 2026
$82M
Washington Harbour Partners (Lead) New Enterprise Associates Ondas In-Q-Tel Lockheed Martin Ventures Booz Allen Ventures Geodesic Capital Motley Fool Ventures Litquidity Ventures
Series A Jul 16, 2025
$47M
New Enterprise Associates (Lead) Lockheed Martin Ventures Decisive Point Washington Harbour Partners Booz Allen Ventures
Seed Mar 15, 2024
$13M
Lockheed Martin Ventures (Lead) Decisive Point Silent Ventures 645 Ventures Overmatch VC Bravo Victor Venture Capital Marquee Ventures Cubit Capital IronGate Backswing Ventures The Veteran Fund Feld Ventures Beyond Capital RedCat

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.