Smack Technologies Raises $61M Series B for Military AI

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- Smack Technologies raised a $61 million Series B led by Costanoa and First In, with the proceeds directed at AI decision-making tools for the US military.
- Smack Technologies is an Austin-based defense-technology startup building artificial-intelligence decision-making tools aimed at military customers.
Why it matters: The $61M round, led by two venture firms and directed at military AI, reflects continued venture capital appetite for defense-tech startups building decision-support tools for the US armed forces.
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