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§ Private Profile · Campbell, CA, USA
Web3 infrastructure provider offering enterprise software for brands to integrate blockchain and digital assets.
Bastion is a San Francisco, California-based enterprise software company that provides Web3 infrastructure to help consumer brands and technology companies integrate blockchain technology and digital assets into their existing products. The platform offers white-label embedded wallets, smart transaction routing, and comprehensive data analytics designed to simplify the user experience of decentralized applications for everyday consumers. Operating under a business-to-business enterprise software model, the startup generates its revenue through application programming interface usage, infrastructure services, and platform licensing fees associated with digital collectibles, loyalty programs, and crypto payments. The company officially emerged from stealth mode in September 2023 after raising $25 million in a seed funding round led by a16z crypto, with additional equity participation from Laser Digital Ventures and Robot Ventures. Bastion was founded in 2023 by former a16z crypto executives Riyaz Faizullabhoy and Nassim Eddequiouaq.
Bastion has raised $57.6M across 4 funding rounds.
Bastion has raised $57.6M in total across 4 funding rounds.
Bastion has raised $57.6M across 4 funding rounds. Most recently, it raised $14.6M Other Equity in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 27, 2025 | $14.6M Venture Round | Shan Aggarwal | Andreessen Horowitz, Hashed, Samsung Next, Austin Noronha | Announced |
| Sep 1, 2025 | $15M Seed | — | Coinbase Ventures, Motier Ventures, Sony Innovation Fund, Renaud Deraison, Ryan Wyatt | Announced |
| Sep 1, 2023 | $25M Seed | Arianna Simpson | Coinbase Ventures, Motier Ventures, Sony Innovation Fund, Renaud Deraison, Alchemy Ventures, Aptos Labs, Autograph, Laser Digital, NOT Boring Capital, Robot Ventures | Announced |
| Apr 1, 2023 | $3M Seed | — | Iris Capital, Kima Ventures, Motier Ventures, Amit Agarwal, Roxanne Varza, Denis Duverne, Gaelle Olivier, Joshua Motta, Renaud Deraison, Pierre Entremont, Global Founders Capital | Announced |
Bastion has raised $57.6M in total across 4 funding rounds.
Bastion's investors include Shan Aggarwal, Andreessen Horowitz, Hashed, Samsung Next, Austin Noronha, Coinbase Ventures, Motier Ventures, Sony Innovation Fund, Renaud Deraison, Ryan Wyatt, Arianna Simpson, Alchemy Ventures.
Bastion Technologies, Inc. is a multi-disciplined engineering and technical services company headquartered in Houston, Texas, specializing in aerospace, defense, and oil & gas sectors.[1][2][3] Founded in 1998, it employs over 550 people nationwide, generates approximately $85 million in annual revenue, and delivers cost-effective solutions through lean management, with core expertise in systems engineering, structural/mechanical design, safety assurance, IT, and mission support.[2][3] As a small disadvantaged, HMSDC-certified Minority Business Enterprise, Bastion supports major projects like International Space Station segments while maintaining ISO 9001:2015 and CMMI Level 3 certifications for quality and continuous improvement.[3]
The company serves government agencies (e.g., NASA, U.S. Army) and industry clients by solving complex engineering challenges in structural, mechanical, electrical, and software domains, including analysis tools like NASTRAN, ANSYS, and MATLAB.[1][2][7] Its growth is evidenced by steady financial expansion, $5 million in funding, and over $100 million in federal contracts, positioning it as a reliable partner for high-stakes technical needs.[2][5][7]
Bastion Technologies was founded in 1998 in Houston, Texas, as a small business focused on engineering agility and cost-effective solutions for aerospace and defense.[1][2][3][5] Specific founders are not detailed in available sources, but the company's name derives from the Italian verb "bastire" meaning "to build," reflecting its role in upholding technical pursuits and national leadership in research and technology.[3]
Early evolution centered on building a lean structure for nationwide services, growing from a small disadvantaged business to over 550 employees while securing major contracts like NASA work on International Space Station segments.[3][7] Pivotal moments include achieving ISO 9001:2015 registration in 2004, CMMI Level 3, and VPP Star safety recognition at sites in Alabama and Mississippi, alongside steady revenue growth to $85 million and $100+ million in federal awards.[2][3][7] This trajectory highlights its shift from niche engineering to comprehensive technical support across sectors.[1][2]
Bastion stands out in the engineering services landscape through:
These elements provide superior value in high-reliability environments compared to larger, less nimble competitors.[1][2]
Bastion rides the wave of sustained U.S. investment in aerospace and defense amid rising space commercialization, national security demands, and energy sector resilience.[1][2][7] Its timing aligns with NASA's Artemis program, DoD modernization, and oil & gas recovery, where demand for mission-critical engineering outpaces in-house capabilities at primes like Boeing or Lockheed.[3][7]
Market forces favoring Bastion include federal contracting preferences for small disadvantaged businesses, a tight talent market for specialized engineers, and the need for integrated IT/safety solutions in complex systems.[3][7] By supporting ISS operations and robotic tech, it influences the ecosystem as a key enabler for primes and agencies, fostering innovation in space tech while contributing to supply chain diversity and cost efficiencies.[1][3]
Bastion is poised for continued expansion through deepening NASA/DoD ties and potential diversification into emerging space ventures like commercial lunar missions or hypersonics.[2][7] Trends like AI-driven engineering analysis, sustainable oil & gas tech, and cybersecurity integration in aerospace will shape its path, leveraging its CMMI-certified software strengths.[2][3]
Its influence may evolve by scaling subcontracts amid $100B+ annual federal space/defense budgets, potentially hitting $100M+ revenue via acquisitions or new certifications. As a nimble builder in mission-critical domains, Bastion exemplifies how specialized engineering sustains America's tech leadership.[1][3][7]