Lassen Peak Secures $10 Million in Funding for Portable Weapon Detection Technology
Lassen Peak has secured over $10 million in debt and equity financing, led by Structural Capital, to develop the world's first fully integrated portable radar system for concealed weapon detection. The funding, supported by existing shareholders and key investors including AI Capital Partners and Axon Enterprises, aims to enhance public safety through innovative terahertz submillimeter imaging radar technology for law enforcement and security services.
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Lassen Peak has announced the completion of debt and equity financing totaling over $10 million, led by Structural Capital, a growth-focused venture capital and private credit firm based in Menlo Park, California. Existing shareholders also contributed additional capital for the launch of the world's first fully integrated portable radar system for concealed weapon detection.
Key investors include AI Capital Partners, Lauder Partners, LionCrest Ventures, Madrona Ventures, and Octave Ventures, along with strategic investors such as Axon Enterprises. Lassen Peak is pioneering terahertz submillimeter imaging radar technology to enhance public safety by providing law enforcement, military, and security services with a portable solution for detecting concealed weapons, thereby reducing the risks associated with physical searches. The funding aims to support the development and market introduction of this innovative technology.
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