capital · May 22, 2026
Rivet Industries Raises $57.5M Series A for AI-Powered Wearable Computers
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Rivet Industries raised $57.5 million in a Series A funding round on March 31, 2026. Dave Marra, CEO and founder with prior Palantir and Microsoft experience, leads the company in developing rugged face-worn computers for military use. The round builds on a prior $12.57 million seed and a $195 million U.S. Army contract under the Soldier Borne Mission Command program. Investors include Snowpoint Ventures, Point72, Palantir Technologies, and Duquesne Family Office. Rivet Industries targets a $500 million valuation with the new capital to scale production of Hard Spec smart glasses integrating real-time data, night vision, and AI.
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