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Labrys Technologies Raises $5.5 Million in Seed Round

Labrys Technologies, a London, UK-based defense technology startup, has raised $5.5 million in seed funding.

Ben Murray profile image
by Ben Murray
Labrys Technologies Raises $5.5 Million in Seed Round

Labrys Technologies, a London, UK-based defense technology startup, has raised $5.5 million in seed funding.  

SaaS Investors 

The round was led by Project A Ventures, with participation from MD-One, Offset Ventures, Marque Ventures, and Expedition Fund.  

Project A is an early-stage venture capital firm combining financial and operational support for technology companies.  

Labrys technologies Use of Funds 

The company plans to use the funding to expand its commercial and engineering teams and focus on implementing technological feature integrations, including the development of an autonomous mission network capability.  

About Labrys Technologies 

Labrys Technologies is a defense startup that offers a variety of SaaS products to its clients in the public and private sectors, equipping them with the tools they need. Their cloud-native enterprise management platform, which was constructed specifically from a range of cutting-edge technologies, is focused on network visibility and cross-functional management architecture.  

Funding Details

Company: Labrys Group Holdings Limited  

Raised: $5.5M  

Round: Seed Round  

Funding Month: December 2023

Lead Investors: Project A Ventures  

Additional Investors: D-One, Offset Ventures, Marque Ventures, and Expedition Fund  

Company Website: https://www.labrys.tech/   

Software Category: Defense Software  

Source: https://startuprise.co.uk/labrys-technologies-secures-5-5m-in-seed-funding/   

 

Ben Murray profile image
by Ben Murray

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