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capital · May 20, 2026

Rivet Industries secures $57.5 million funding round led by Snowpoint Ventures and Point72

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Rivet Industries raised $57.5 million in a new funding round building on its prior $12.57 million seed round. The round includes investors Snowpoint Ventures, Point72, Palantir Technologies and Duquesne Family Office at a $500 million valuation. Rivet Industries founded in early 2024 by CEO Dave Marra develops AI-powered wearable devices including Hard Spec smart glasses for military and industrial use under a $195 million U.S. Army contract. Rivet Industries headquarters is in Washington District of Columbia.

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