Freya Industries, the Swedish company who develops intelligent, affordable sensors for security and defence, has closed an oversubscribed €533k (SEK 6 million) round with the capital going to delivering customer orders, scaling up the team and the European rollout.
The round had participation from Foundry Ventures, Longswan Ventures, Propel Capital, Saminvest (via Annexstruktur), Schyssta Änglar, Sting and selected private investors.
“Our sensors don’t just record information, they proactively understand what is actually happening. The intelligence sits in the software, so they can be cheap enough to go everywhere, whether they protect a person or a site,” says Jonas Åström, founder & CEO of Freya Industries.
This round comes amid continued 2026 investment in European defence and sensing technologies. Among the closest examples are Finland’s Kelluu raised €15 million to expand its persistent aerial intelligence platform for defence, border security and critical infrastructure, while UK-based Silicon Microgravity secured €7.08 million to commercialise GPS-free sensing and navigation technology for defence, space and autonomous systems.
Estonia’s Frankenburg Technologies also raised €30 million to expand affordable missile-defence capacity, including radar, tracking and sensor-fusion capabilities.
While Freya is raising at a much earlier stage and smaller scale, its focus on low-cost, software-led sensors places it within the same broader European push towards more distributed, deployable and intelligence-enabled defence and security systems.
Freya company develops products in several technology areas, among them drone detection and intelligent personal protection. This round brings together selected funds, investment companies and Stockholm-based private investors.
Freya says its drone detectors locate both drone and pilot, combining intelligent software with several detection techniques. The focus is on cost, so that more sites worth protecting can afford the products. Beyond drone detection, Freya is developing intelligent personal alarms for professional use and other sensors that protect infrastructure.
The products connect to Freya’s analytics platform, giving security companies and their customers one live picture of sites and staff, and in-house AI models predict risks before they arise. Certification, security and resilience have been priorities so hardware and software can be used safely in harsh environments.
Source: EU-Startups
