Swedish startup Freya Industries has secured €533 000 in a new funding round. The investment saw participation from Foundry Ventures, Longswan Ventures, Propel Capital, Saminvest, Schyssta Änglar, Sting, and several private investors based in Stockholm.
The company develops sensor technology focused on drone detection and intelligent personal protection. Its systems identify both drones and their operators by combining intelligent software with multiple detection methods. The hardware connects to an analytics platform that utilizes in-house AI models to predict security risks.
Freya aims to scale its team and expand its presence across Europe. The company emphasizes cost-efficiency, intending to make its sensor solutions accessible for protecting a wider range of sites and individuals. The technology is designed for deployment in harsh environments, prioritizing certification and resilience.
The funding round occurs during a period of increased investment in European defense and sensing technologies. Other recent market activity includes €15 million raised by Finland’s Kelluu, €7.08 million secured by UK-based Silicon Microgravity, and €30 million raised by Estonia’s Frankenburg Technologies.
