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FuVeX raises €3M to scale dual-use drone technology across Europe. The round was led by SODENA, SEGO Venture, and Izertis Ventures to bolster the company's international expansion.
PRIVATEAug 05, 2026•4 days ago
Amount Raised
€3 Million
Round Type
Seed
TudelaAerospaceairlines/aviation
Investors
Izertis VenturesSego VentureSodena
Description
Spanish drone technology company FuVeX has raised €3 million in an oversubscribed funding round to accelerate its commercial and international expansion. The round included participation from SODENA, SEGO Venture, Izertis Ventures, and several family offices. FuVeX develops long-range drones for both civil and defence applications and aims to strengthen its position in the European dual-use drone market. The company also secured €400,000 in public funding from Spain's CDTI for a defence R&D project.
Company Information
Company
Fuvex
Location
Tudela, Navarra, Spain
About
Fuvex is a Navarra-based drone startup specializing in long-range autonomous aerial systems for the inspection of critical infrastructure. Founded in 2013, the company has logged over 25,000 kilometers of power line inspections. Its innovative technology aims to replace traditional helicopter inspections with electric-powered drones that offer significant cost savings and improved data resolution. Fuvex is focused on expanding into new verticals such as gas pipelines, agriculture, and security/defense.
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