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Craft VenturesCraft Ventures led $30M investment in autonomous weapons startup Allen Control Systems

Craft Ventures led a $30 million Series A funding round for Allen Control Systems, an Austin-based defense startup that builds the Bullfrog autonomous weapon system designed to shoot down drones with standard ammunition. This represents Craft Ventures' most prominent disclosed defense technology investment, signaling a strategic shift toward autonomous weapons systems.

Scoring Impact

TopicDirectionRelevanceContribution
Military & Defense Contracts+towardprimary-1.00
Overall incident score =-0.858

Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.57)

Evidence (1 signal)

Confirms Investment Sep 1, 2024 documented

Craft Ventures led $30M Series A for Allen Control Systems autonomous drone defense

Craft Ventures led a $30 million Series A funding round for Allen Control Systems (ACS), an Austin-based defense startup building the Bullfrog autonomous weapon system that uses standard ammunition to shoot down drone threats.

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