2 years ago

Labrys Technologies Raises $5.5 Million Seed Round for Defense Tech Platform

  • Labrys Technologies, a UK-based defense tech startup, has raised $5.5 million in seed funding led by Germany's Project A Ventures

  • The company's platform, Axiom C2 and Axiom Communicator, combines communication, location tracking, and payments for military and humanitarian scenarios

  • The platform allows for KYC/E verification, encrypted communications, task management, and geo-location of individual users

  • It also includes digital payments via crypto stablecoins

  • Labrys Technologies claims the platform has already proven its worth in the field, having been used in Afghanistan and Ukraine.

      • ProblemTechnology

      "Coordinating large teams, especially in humanitarian and military scenarios, is challenging due to the reliance on insecure and fragmented communication channels like WhatsApp."

      Solution

      "A platform like Slack, but specifically designed for military and humanitarian use cases, offering secure encrypted communication, live location tracking, and integrated digital payments via stablecoins."

      Covered on