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Freya Industries raises €533k to scale its team and aid in European rollout. The funding round saw participation from Foundry Ventures, Longswan Ventures, and others.
Freya Industries has closed an oversubscribed €533k funding round aimed at delivering customer orders and expanding its team. The funding will support the company's efforts in rolling out its intelligent, affordable sensors for security and defence across Europe. Participation in the round included multiple venture capital firms and private investors. This investment reflects the growing interest in European defence and sensing technologies.
Company Information
Company
Freya Industries
Location
Sweden
About
Freya Industries is a Swedish company that develops intelligent, affordable sensors for security and defence. Their products range from drone detection to intelligent personal protection systems. The company focuses on low-cost, software-led sensors that enhance security while being deployable and accessible. Their innovative technology combines intelligent software with various detection techniques to provide real-time analytics and risk prediction.
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