Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $250M Series D (Mar 2025). $43.6M Army follow-on contract. Leonidas Gen 2 autonomous high-power microwave counter-drone system completing Army testing Feb 2026. GD partnership for HPM on autonomous vehicles.
Epirus develops Leonidas — a high-power microwave (HPM) directed energy system for counter-drone operations — which uses pulsed microwave energy to defeat drone swarms by disrupting electronics simultaneously across multiple targets. The company raised $250 million in Series D financing and secured a $43.6 million Army follow-on contract, with Leonidas Gen 2 completing Army testing in February 2026 and the Gen 2 Autonomous Ground Vehicle variant unveiled at Global Force 2026 in March 2026 through a partnership with General Dynamics.
Agriculture sustainability leader. 8M+ enrolled acres. 12-year Microsoft deal for 2.85M tonnes of carbon removal credits. $40M paid to farmers. Founded 2013, Boston.
Indigo is an agriculture sustainability company founded in 2014 and headquartered in Boston, Massachusetts, working at the intersection of agricultural productivity, environmental stewardship, and carbon markets. The company was built on the thesis that transforming farming practices at scale could simultaneously improve farmer economics and generate measurable environmental outcomes — most notably carbon sequestration through soil health improvements.\n\nIndigo's platform connects farmers with sustainability programs, market access tools, and agronomic guidance designed to support the transition to more regenerative practices. The company has enrolled more than 8 million acres in its programs and has paid $40 million directly to farmers participating in its carbon and sustainability initiatives. A landmark 12-year partnership with Microsoft covers the removal of 2.85 million tonnes of carbon, providing long-term contractual certainty for both the carbon supply chain and the farmers who generate those credits.\n\nIndigo has established itself as one of the most significant players in agricultural carbon markets, a sector whose importance has grown as corporations face pressure to meet net-zero commitments and regulators begin formalizing carbon accounting standards. The Microsoft deal's scale and duration reflects the maturation of agricultural carbon as an investable asset class. With over a decade of operating history, deep farmer relationships, and a proven model for carbon credit origination, Indigo occupies a defensible position in a market where trust, data quality, and acreage scale are the primary competitive moats.
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