Nordic Air Defence, a Stockholm-based defence tech startup, raised an additional $3M in its pre-seed funding round, increasing the total to $4.4M. The funding was led by Inflection and will facilitate the company's growth and development. CEO Karl Rosander emphasized a critical need for Europe to innovate in defense technology. The startup aims to expedite the deployment of its first product, Kreuger 100. Additionally, the company announced several senior hires to enhance its expertise in drone systems and navigation.
"What were once imagined as future conflicts are happening right now. There can be no complacency: the world is rapidly changing, and Europe must create new industrial might and deliver defensive hardware at scale."
"Inflection recognises the urgency of the mission at hand and has invested in Nordic Air Defence; their investment brings us closer to bringing the Kreuger 100, our first product, to market and ultimately to the field."
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