#USA #Bellevue #Venture Capital #Lassen Peak #Weapon Detection

Lassen Peak Secures $10 Million in Funding

Lassen Peak, a Seattle-based startup, has successfully raised over $10 million through a combination of debt and equity financing to further develop its innovative weapon detection technology. In a strategic move, the funding was led by Structural Capital, a growth-focused venture capital and private credit company located in Menlo Park, California. Additional investments came from existing shareholders aiming to support the launch of Lassen Peak's groundbreaking fully integrated portable radar system designed to detect concealed weapons.

Innovations in Weapon Detection Technology

The company is pioneering the application of sub-millimeter terahertz radar imaging technology, with the aim of delivering a portable radar solution that can be utilized by law enforcement, military personnel, and security services across various settings. This innovation directly addresses the critical challenges associated with weapon searches, particularly the risks posed in body searches or the invasive “pat-down” procedures that increase the likelihood of dangerous confrontations. The emotional tension inherent in these circumstances can escalate quickly, often resulting in potential injuries or fatalities.

According to Kai Tse, co-founder and managing partner of Structural Capital, "Lassen Peak has the potential to become a unicorn, defining a significant new product category in the law enforcement market, military applications, and private sector security globally. We are excited to support the company's growth and expansion."

Company Leadership and Vision

Hatch Graham, the CEO of Lassen Peak, expressed his optimism regarding the tailored capital solutions offered by Structural Capital. He emphasized the collective support from the existing investors as crucial in realizing Lassen Peak's vision: enhancing public safety while reducing the reliance on physical force. The company aims to build trust and confidence among security operators and the public in their safety applications.

Lassen Peak's team comprises technology leaders proficient in high-speed wireless technology, radar imaging, artificial intelligence, and geolocation, aligning advanced technology with the pressing need for innovative public safety solutions. Their goal is to provide law enforcement agencies and society with safe alternative methods for identifying dangerous items and concealed weapons, thus minimizing collateral risk.

Commitment to Responsible Development

The company's advisory board includes an impressive array of former officials who have held pivotal roles in major U.S. law enforcement organizations and civil rights advocacy. This diverse group brings extensive knowledge, ensuring that the solutions developed by Lassen Peak are grounded in both technical efficacy and ethical responsibility. Advisors include former legal counsel for the ACLU and leaders from the National Organization of Black Law Enforcement Executives and the National Association of Women Law Enforcement Executives.

Through this financial backing and commitment to innovation, Lassen Peak is set to transform the landscape of weapon detection technology, aiming to make public spaces safer while fostering cooperation between security personnel and the communities they serve.

For more information on Lassen Peak and its innovative technology, visit Lassen Peak.