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Terasi secures €11 million in seed funding co-led by NATO Innovation Fund. The investment will be used to scale technology for European armed forces and develop new products.
Kth VenturesFurther Than CapitalOnsight VenturesAlmi InvestNavigare VenturesD3In Q TelJoin CapitalNato Innovation Fund
Description
Stockholm-based defence startup Terasi has won an €11 million seed investment, co-led by the NATO Innovation Fund. The funding round includes participation from several returning and new investors. The startup focuses on developing secure communication technology for military and emergency communications. Terasi aims to enhance its technology to serve European armed forces better and expand its team.
Company Information
Company
Terasi
Location
Stockholm, Stockholm County, Sweden
About
Terasi is a Stockholm-based defence startup that specializes in communication technology designed for the battlefield, focusing on secure and high-frequency data transmission. The company develops pocket-sized technology that enables gigabit-speed wireless links without reliance on traditional infrastructure like fibre or towers. Terasi aims to deliver a flexible wireless communications system that meets the needs of military and emergency communication environments. It is recognized as the only European manufacturer meeting high standards for security and deployability.
Fundz sees it the moment Terasi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.