Performance Drone Works

Defense · Huntsville, AL · Founded 2019 · Privately Held (backing)

Developer of unmanned aerial systems (UAS) designed for military and public safety operations. Performance Drone Works is based in Huntsville, AL and was founded in 2019. Its last reported valuation was $730 million in Nov 2025. It has raised $236 million across 2 recorded rounds; the latest was an $110 million Series B in Mar 2026.

Last reported valuation
$730.0M
Oct 2026
Priced at
—
Total raised
$235.8M
Last round
Series B
Mar 2026

Who backs Performance Drone Works?

15 investors
InvestorType
Alumni VenturesVenture capital
GaingelsVenture capital
Lux CapitalVenture capital
Lerer HippeauVenture capital
Scoop VenturesVenture capital
Crescent Cove AdvisorsOther
Hanwha GroupAsset manager
Booz Allen—
Cedar Pine—
Hood River Capital Management—
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Performance Drone Works investors

15 investors are on record for Performance Drone Works, including Alumni Ventures, Gaingels, Lux Capital and Lerer Hippeau. By type, the record holds 5 venture capital firms and 1 asset manager.

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