Launch · 28 Jul · —
SubMerge Baltics signed a cooperation memorandum with Naval Group for the integration of its autonomous underwater drones into Naval Group's ships.
Funding · 23 Jul · —
Dropla Tech has secured an undisclosed investment from MITS Capital to support its next phase of growth.
Launch · 21 Jul · —
PDKINEMATICS is preparing to launch a new technology addressing critical radio communication issues on the battlefield, aimed for testing and application in Lithuania and Ukraine later this year.
Launch · 16 Jul · —
Patchstack has partnered with Hostinger to integrate continuous open-source vulnerability management for Node.js hosting.
Launch · 15 Jul · —
Blue Bridge launches a new Security Incident Management service to assist organizations in managing cyber incidents effectively.
Funding · 15 Jul · EUR 1.5M
Donut Lab Development OÜ received nearly 1.5 million euros in grants from the Estonian government for drone development projects.
Launch · 14 Jul · —
NestAI is launching AI models for defence to help Europe reduce reliance on foreign providers.
Hire · 13 Jul · —
Daiva Budrikė joins the management team as Marketing Director.
Launch · 13 Jul · —
Silmor developed an innovative thermal and visual camouflage material as its first proprietary dual-use product, co-financed by the European Regional Development Fund and the state budget, in collaboration with the University of Latvia's Institute of Solid State Physics.
Launch · 08 Jul · —
SUBmerge Baltic signed a memorandum of cooperation with Naval Group to integrate their underwater drones with Naval Group's control systems, enhancing interoperability and expanding market applications.
Launch · 01 Jul · —
Sovera Security is launching an AI-native platform aimed at providing European companies with control over data and security decisions.
Funding · 17 Jun · EUR 2.0M
PDKINEMATICS received funding through the 'Defense Innovation Vouchers' to develop advanced precision targeting systems for military use.
Funding · 09 Jun · EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
Exit · 07 May · —
MW Group has acquired 60% of Link 22, a cybersecurity company.
Funding · 07 May · EUR 30.0M
SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.
Launch · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Funding · 15 Apr · EUR 4.8M
Stendr raised EUR 4.8M in pre-seed.
Funding · 14 Apr · EUR 15.0M
Kelluu raised EUR 15.0M in Series A, led by NATO Innovation Fund.
Exit · 02 Apr · —
Atol Aviation, acquisition by Sensofusion.
Funding · 30 Mar · EUR 1.0M
Aalto University spin-off Metaktik secured EUR 1M in pre-seed funding backed by Maki.vc to commercialise lightweight metasurface antennas for defence, aerospace and telecom markets.
Funding · 24 Feb · EUR 30.0M
Frankenburg Technologies raised EUR 30.0M in Series A, led by Plural.
Funding · 15 Feb · EUR 250K
Natrix raised EUR 250k in pre-seed.
Exit · 08 Dec · EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
Funding · 08 Dec · EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
Funding · 20 Nov · EUR 100.0M
NestAI raised EUR 100.0M in strategic.
Funding · 01 Nov · EUR 540K
CBRX raised EUR 540k in pre-seed.
Funding · 31 Oct · EUR 1
Luna Robotics raised €1.08 million from Coinvest Capital, Plug & Play EMEA Ventures GmbH, and international business angels to advance its defense tech innovation.
Funding · 20 Oct · EUR 30.0M
nexos.ai raised EUR 30.0M in Series A.
Funding · 29 Aug · EUR 4.7M
Moxso raised EUR 4.7M in seed, led by Seed Capital.
Funding · 01 Aug · EUR 3.6M
Handwave raised EUR 3.6M in seed, led by Practica Capital.
Funding · 03 Jul · EUR 2.5M
Nordic Air Defence raised EUR 2.5M in pre-seed, led by Inflection.
Funding · 19 Jun · EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
Funding · 06 Jun · EUR 5.6M
Lendurai raised EUR 5.6M in seed.
Funding · 01 Jun · EUR 2.0M
Repsense raised EUR 2.0M in seed.
Funding · 28 Mar · EUR 4.0M
Frankenburg Technologies secured EUR 4M, split equally between Blossom Capital II LP and existing investor Shellona Ltd.
Launch · 25 Feb · —
Natrix's modular unmanned ground platforms began operating in Ukraine, carrying frontline supplies and evacuating wounded personnel.
Funding · 22 Jan · EUR 7.7M
nexos.ai raised USD 8M led by Index Ventures, with participation from Creandum, Dig Ventures, and technology-industry angel investors.
Funding · 18 Dec · EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
Funding · 12 Nov · EUR 1.2M
Nordic Air Defence secured EUR 1.2 million led by SNÖ Ventures in the second close of a strategic round to advance its supply-chain-independent drone-defence technology.
Funding · 17 Apr · EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
Funding · 01 Nov · EUR 800K
Repsense raised a further EUR 800,000 pre-seed round from Iron Wolf Capital, Coinvest Capital, Baltic Sandbox Ventures and private angels for its public-information analytics platform.
Funding · 21 Feb · EUR 500K
Repsense secured EUR 500,000 in a round led by Iron Wolf Capital and Coinvest Capital to grow its data-driven digital-reputation platform.
Funding · 03 Feb · EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
Funding · 22 Sep · EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
Funding · 24 May · EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
Funding · 25 Sep · EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
Funding · 23 Aug · EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
Funding · 12 Nov · EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.