Labrys Technologies, a London UK-based defence know-how startup, raised $5.5M in Seed funding.

The spherical was led by Project A Ventures, with participation from worldwide DefenceTech centered traders together with MD-One, Offset Ventures, Marque Ventures and Expedition Fund.

The firm intends to make use of the funds to scale its engineering workforce, develop its business workforce, and focus efforts on executing an its roadmap of technical characteristic integrations, together with the early-stage constructing of an Autonomous Mission Network Capability.

Led by August Lersten and Luke Wattam, Labrys is constructing a transformational Command and Control (C2) Software Application for Defence and Dual-Use instances to coordinate safe verification, monitoring, tasking and cost of a world workforce of groups. This platform, which is already an operationally confirmed answer, allows Defence and Commercial entities with entry to handle and coordinate a globally distributed workforce by means of a single interface in a safer, sooner and compliant manner.

Prior to its seed spherical funding, Labrys was already managing a spread of multi-million pound contracts unfold between the Defence (Military), Humanitarian (International Development) and Commercial (Financial Services) sectors.

FinSMEs

22/12/2023