Broswarm raised $874,000 in a seed funding round led by the Lithuanian Business Angel Network to refine technology for mine detection using autonomous drones.
Nov 06, 2024•about 1 year ago
Amount Raised
$874,000
Round Type
seed
Investors
Undisclosed Private InvestorsStartup Wise GuysLithuanian Business Angel Network (Lit Ban)
Description
Broswarm, a Vilnius-based startup, has successfully secured $874,000 in seed funding to enhance its defensetech innovations. The investment will go towards refining their drone technology for more efficient mine detection operations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech