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Startups & Business INDEPENDENT REPORTS

NATO Innovation Fund co-leads €11M investment in Swedish defence tech outfit Terasi

Confirmed by independent reporting: at least two independent news organisations reported this. It has not been officially confirmed by the organisations involved.

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What happened

Stockholm-based defence startup Terasi has won an €11 million seed investment, co-led by the NATO Innovation Fund, the startup said today. Stockholm-based defence startup Terasi has wonan €11 million seed investment, co-led by the NATO Innovation Fund, thestartup said today.Terasi builds communication technology geared towardsthe battlef...

Terasi builds communication technology geared towards the battlefield that is hard to intercept or jam. Its tech is geared towards defence, satellite, and telecoms industries.

The startup has developed pocket-sized tech that can create secure, gigabit-speed wireless links without needing fibre or towers, a technology which lends itself to military and emergency communications. It claims to be the only European manufacturer that can deliver a “flexible wireless communications system for contested environments that does not compromise on security, deployability and high-speed data capacity”.

Sources & evidence