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Merlin Labs

Merlin Labs

Public
Boston, MassachusettsAerospace/Defense, Autonomous Vehicles, AI (Artificial Intelligence)https://merlinlabs.com/

Last Round

PIPE

May 1, 2026

Total Funding Raised

$468.5M

Company Overview

Merlin Labs is an aerospace and defense technology company that develops AI-powered autonomous flight systems for fixed-wing aircraft.

Sector

Aerospace/Defense, Autonomous Vehicles, AI (Artificial Intelligence)

Verticals

Artificial Intelligence & Machine Learning, Mobility Tech, Robotics and Drones

AI Layer

Infrastructure

Keywords

autonomous flightautonomous aviationdefense techautonomous pilotflight autonomydrone techaviation softwareautonomous systemsdefense contractorrobot pilotaerospace technologyavionics integrationunmanned flightAI flight controldual-use technology

Merlin Labs Comps

Public and private peers based on sector, stage, and business model.

Merlin Labs comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Merlin Labs Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
PIPEMay 1, 2026
IPO AnnouncedMar 16, 2026
PIPEApr 29, 2024
Series BJul 13, 2022
SeedMay 26, 2021

Key People

Founding team and executive leadership

Felix Ebuwa

Chief Executive Officer

Executive Team

Matt George

CEO

Executive Team

MInstD Grant Crenfeldt FRAeS

CEO Merlin NZ

Executive Team

Ryan Carrithers

Chief Financial Officer

Executive Team

Merlin Labs Investors

Notable investors and investment history

Merlin Labs investors
InvestorRounds
FloodgateSeed
GVSeries B, IPO, Seed
Inflection Point Acquisition Corp.IPO
JSCapitalSeries B
First Round CapitalSeries B, IPO, Seed
BoxGroupSeed
Harpoon VenturesSeed

Merlin Labs Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Merlin Labs Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range218
Year Founded2018
Last FundingMay 1, 2026

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