Labrys Technologies raises seed to serve humanitarian, military scenarios
When Helsing raised a $223 million Series B round, the tech world saw it as continued confirmation that defense was unquestionably back on the investing agenda.
Further confirmation comes today, in news shared exclusively with TechCrunch, in the form of a $5.5 million seed round for U.K. defense tech startup Labrys Technologies, led by Germany’s Project A Ventures. Also participating were MD One Ventures, Marque VC, Offset Ventures and Expeditions Fund. The funds will be used to expand the development and R&D…