Tag: Technologies
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Estonian missile defence startup Frankenburg Technologies raises €30M
An Estonian defence startup building what it says are “affordable, mass manufacturable” missile defence systems hasraised €30min Series A funding. Frankenburg Technologies, founded in 2024, is headed up by CEO Kusti Salm, the former permanent secretary of Estonia’s defence ministry. The startup, which touts its sovereign credentials,says it was founded in response toa structural shift read more
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How Distance Technologies is giving armoured vehicle crews x-ray-like vision
As defence shifts toward data-driven operations, digital terrain models, simulations, and sensor inputs are becoming central to how forces train, plan, and coordinate. Yet the interfaces used to access this information remain largely two-dimensional and siloed. So, how do you accurately perceive and understand what’s happening outside a vehicle —such as a tank — in read more
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British Business Bank invests £25M in Kraken Technologies
The UK government-backed British Business Bank (BBB) is taking a £25m stake in Kraken Technologies, the software entity being spun out of Octopus Energy, marking the bank’s biggest ever direct investment into a private firm. Octopus Energy sold a $1bn stake inKraken last month to a syndicate of investors, paving the way for its demerger read more
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CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation
CoolSem Technologies, a semiconductor thermal management company, has closed a pre-seed funding round led by High-Tech Gründerfonds (HTGF), with participation from KBC Focus Fund NV, the Brabant Development Agency (BOM), and TTT Green Tech B.V. (SHIFT Invest). As chips become an increasingly critical resource, pressure on raw materials is rising, and heat management remains a read more
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