Freya Industries raises SEK6m for security-sensor rollout
The oversubscribed round will fund customer orders, hiring and European expansion.
Freya Industries closed an oversubscribed SEK6 million round, approximately €533,000. Participants included Foundry Ventures, Longswan Ventures, Propel Capital, Saminvest via Annexstruktur, Schyssta Änglar, Sting and selected private investors.
The company will deliver customer orders, scale its team and support a European rollout. Its connected sensors and analytics platform support drone detection and physical-security monitoring.
Use of funds
Deliver customer orders
Scale the team
Support European rollout