Lassen Peak Secures $10 Million to Finalize Handheld Concealed-Weapon Radar System

New updates have been reported about Lassen Peak.

Lassen Peak has raised more than $10 million in a mix of debt and equity financing to complete development and launch of its handheld concealed-weapon detection radar, giving the Seattle-area startup meaningful runway to move from R&D toward market entry. The round is led by growth-focused lender Structural Capital via a venture debt facility, with additional capital from existing shareholders and strategic investors including AI Capital Partners, Lauder Partners, LionCrest Ventures, Madrona Ventures, Octave Ventures, and Axon Enterprises. CEO and Chairman Hatch Graham said the structured financing will support completion of the company’s charter product and enable commercial rollout targeting law enforcement, military, and private security customers that need non-contact alternatives to traditional pat-downs.

The company is developing what it describes as the first fully integrated handheld radar system based on submillimeter-wave Terahertz imaging technology, designed to detect concealed weapons in the field and reduce high-risk physical searches that can escalate into use-of-force incidents. The capital raise underscores investor expectations that Lassen Peak can define a new category in public safety technology; Structural Capital’s managing partner Kai Tse characterized the company as having the potential to become a “unicorn” with a global market across public and private security sectors. Lassen Peak’s team combines expertise in high-speed wireless, imaging radar, AI, and geopositioning, and is advised by former senior leaders from major U.S. law enforcement and civil rights organizations—positioning the firm to navigate both operational adoption and civil-liberties concerns as it approaches commercialization. Executives should view this financing as a de-risking milestone that supports product completion, market introduction, and potential scale-up in a security technology segment where demand is driven by both safety and compliance pressures.