Sweden’s Freya Industries secures funding to deliver security sensors across five European markets

Freya Industries, a Stockholm-based security and defence technology company, has raised €532K (SEK 6 million) in an oversubscribed funding round backed by Foundry ventures, Longswan Ventures, Propel Capital, Saminvest AB via Annexstruktur, Schyssta Änglar, Sting, and selected private investors. The company develops connected sensors and intelligent software for applications including drone detection, personal protection, and infrastructure security, with its products already sold through security companies in five European countries. Its drone detection technology combines multiple detection methods with in-house AI models to identify drones and their pilots, while its analytics platform provides a shared live view of sites and...

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