Observed Signal · Sep 22, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
NATO Innovation Fund co-leads €11M seed in Swedish defence tech Terasi
Stockholm-based defence startup Terasi has raised an €11 million seed investment, co-led by the NATO Innovation Fund and Join Capital, with participation from In-Q-Tel, D3, and returning investors. Terasi develops secure, high-frequency communication technology for military, satellite, and telecom applications, including pocket-sized devices that create gigabit-speed wireless links without fibre or towers. The company claims to be the only European manufacturer of such flexible wireless systems for contested environments. The funding will be used to scale its technology for European armed forces, expand its team, and develop new products. CEO James Campion emphasized the importance of resilient communications for defence and critical infrastructure amid hybrid threats.
Seed-stage defence tech startup raising €11M; relevant to AdTech? Not directly, but as tech infrastructure for secure communications, moderate relevance.
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Key Takeaways & Evidence Grounding
- Terasi raised €11 million in seed funding.
- The round was co-led by NATO Innovation Fund and Join Capital.
- Participants include In-Q-Tel, D3, Navigare Ventures, Almi Invest, Onsight Ventures, Further Than Capital, and KTH Ventures.
- Terasi develops secure, high-frequency communication technology for defence, satellite, and telecoms.
- The company is a spinout from KTH Royal Institute of Technology.
- Funding will be used to scale technology for European armed forces and develop new products.
Connected Companies & Entities
2 Entities mapped“returning investors Navigare Ventures, Almi Invest...”
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