Freya Industries, a Swedish company developing intelligent, affordable sensors for security and #defence, has closed an oversubscribed €533k funding round. 🇸🇪 🛡️

The funding will be used to deliver customer orders, expand the team and support Freya Industries’ #European rollout
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Central & Eastern Europe is emerging as a major source of Europe’s next generation of ambitious #startups, from #defence and #AI to #robotics, biotech and digital infrastructure. 🚀🇪🇺

Ahead of the inaugural MeOut Summit in Budapest on 25–26 of November, we spotlight 10 standout
UK-based @Cambridge_Aero, the air #defence company building low-cost interceptor #missiles for European and allied militaries, has closed a €259.7 million Series C round at a €2.94 billion valuation. 🇬🇧 🛡️ 🚁

https://t.co/WGF9b86wE6
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Neuraspace, a Coimbra-based #space and #defence company providing AI-enabled Space Domain Awareness (#SDA) and Space Traffic Management (#STM) solutions, today announced €15.6 million in new financing. 🇵🇹 🛰️🛡️

https://t.co/o9Yv6ZhzSh
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European #VC firm Lakestar announced the closing of its Lakestar Resilience I fund at €262.2 million. The #fund was #oversubscribed and has been built exclusively for dual-use and #defence technology companies. 🇪🇺🪖🚀

https://t.co/vxrzK7eQ8o
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