When Helsing raised a $223 million Series B round, the tech world saw it as continued confirmation that Defence was unquestionably back on the investing Further confirmation comes today in the form of a $5.5 million Seed round for UK 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 teams, as well as build out the commercial sales team.

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Labrys Technologies is a startup that combines Slack, location services, and payments to serve both military and humanitarian scenarios. It aims to solve the limitations of using WhatsApp in coordinating responses to crises. The platform provides encrypted communication, task management, live location tracking, and digital payments via Crypto stablecoins. Labrys' platform has already been used successfully in Afghanistan and by Ukrainian State Emergency Services.

A dual-use ‘Slack+location+payments’ startup raises Seed to serve humanitarian, military scenarios