Smack Technologies Raises $61M for Military AI Tools

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- Smack Technologies raised a $61 million Series B round led by Costanoa and First In, according to reporting by Mike Stone at Reuters
- Smack Technologies is an Austin-based defense-technology startup building artificial intelligence decision-making tools for the US military
Why it matters: **Smack Technologies** secured $61 million in Series B funding led by Costanoa and First In to build AI decision-making tools for the US military, giving the Austin startup significant new capital and giving the two firms lead-investor stakes in a defense AI venture.
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