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Tercero

1 known investors

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Tercero Technologies develops edge AI software and hardware for intelligent sensors and autonomous vehicles in defense applications, with a focus on FPGA technology for electromagnetic spectrum operations in forward-deployed and unmanned systems.

Founders & leadership

CPCarl P. Evans III
Carl P. Evans IIIFounderCarl P. Evans III is a roboticist and lawyer who previously managed an autonomous vehicle division at a defense contractor, held technical and legal roles at a technology startup, and practiced intellectual property and M&A law in Silicon Valley and Chicago. He holds a law degree and MBA from Northwestern, a master's in robotics and autonomous vehicles from the University of Florida, and an undergraduate degree in electromechanical engineering from Wentworth Institute of Technology, and founded Tercero in 2019 to develop edge AI software and hardware for defense applications.

Investors · 1

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. NavyNavyPhase II2021$1.4M
U.S. NavyNavyPhase I2020$140K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Tercero do?
Tercero Technologies develops edge AI software and hardware for intelligent sensors and autonomous vehicles in defense applications, with a focus on FPGA technology for electromagnetic spectrum operations in forward-deployed and unmanned systems.
Who founded Tercero?
Tercero was founded by Carl P. Evans III.
Who are Tercero's investors?
Tercero's investors include LongJump Ventures.