Freya Industries Raises €533K to Grow Smart Sensor Business Across Europe

Freya Industries develops smart and affordable sensors for the security and defence sectors. Its technology is designed to help customers improve monitoring and security.

The company will use the new funding to deliver customer orders, grow its team and expand across Europe. The investment will support its next stage of growth.

The funding round included Foundry Ventures, Longswan Ventures, Propel Capital, Saminvest through Annexstruktur, Schyssta Änglar, Sting, and several 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.

Freya Industries is a Swedish technology company that makes smart and affordable sensors for the security and defence sectors. Its sensors help organizations monitor their surroundings and identify possible security threats.

The company aims to make advanced sensor technology simple, useful and affordable for its customers. Freya Industries is also growing its presence across Europe as demand for security and defence technology increases.

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