Swedish drone detection company Freya raises €533k to support European expansion
Swedish security tech company Freya Industries has closed an oversubscribed €533,000 funding round to scale its team and expand across Europe. The raise fits a wider 2026 pattern of increased investment in European defence and sensing technology firms.
Freya Industries, a Swedish company developing affordable, intelligent sensors for security and defence, has closed an oversubscribed funding round of €533,000 (SEK 6 million). The capital will go towards fulfilling customer orders, growing the team, and expanding operations across Europe.
The round included participation from Foundry Ventures, Longswan Ventures, Propel Capital, Saminvest (via Annexstruktur), Schyssta Änglar, Sting, and a number of private investors based in Stockholm.
Software-driven sensors
Freya founder and CEO Jonas Åström explains that the company's sensors do more than record information — they actively interpret what is happening, with the intelligence built into the software. This allows the sensors to be produced cheaply enough for widespread deployment, whether protecting individuals or sites.
The company's drone detectors identify the location of both the drone and its pilot, combining software intelligence with multiple detection methods. A key focus is affordability, so that more sites can justify investing in protection. Beyond drone detection, Freya is also developing intelligent personal alarm systems for professional use, along with other sensors aimed at protecting infrastructure.
All products link into Freya's analytics platform, giving security firms and their clients a unified live view of sites and personnel, while in-house AI models work to predict risks before they materialise. The company says certification and resilience in harsh conditions have been priorities throughout hardware and software development.
Wider context
Freya's raise is part of a broader pattern of growing investment in European defence and sensing technology companies in 2026. Finland's Kelluu, for instance, raised €15 million to expand its aerial intelligence platform, UK-based Silicon Microgravity secured €7.08 million to commercialise GPS-free navigation technology, and Estonia's Frankenburg Technologies raised €30 million to expand its missile-defence capabilities. Although Freya's round is considerably smaller and earlier-stage, its focus on low-cost, software-led sensors places it within this same broader European push towards distributed, intelligence-enabled security and defence systems.
