FuVeX has secured new funding to expand its dual-use drone technology, accelerate international growth, and strengthen AI-powered solutions for critical infrastructure inspection, security and defence applications across Europe and Latin America.
FuVeX raised €3M for dual-use drones; inspected 36,000km power lines, targets 70% by 2027. Vertical integration from hardware to AI analytics reflects European push for infrastructure autonomy, reducing foreign tech dependence in critical systems.
Spanish
drone technology company FuVeX has raised €3 million in an oversubscribed
funding round to accelerate its commercial and international expansion and
strengthen its position in the European dual-use drone market. The round
included participation from SODENA, SEGO Venture, Izertis Ventures, and several
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Earlybird and AVP have launched E2D, a new growth fund focused on defence and dual-use technologies, aiming to provide European…
The Munich-based company is among a crop of younger defence manufacturers attracting huge interest
The company is planning to expand production across allied markets with the new funding
