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Funding Tracker
Announced September 22, 2026

TERASi raises $12.5M (€11M)

Company
TERASi
Round
Seed
Amount
$12.5M (€11M)
Market
Sweden
Region
Europe
Investors
NATO Innovation Fund, JOIN Capital, In-Q-Tel, D3, Navigare Ventures, Almi Invest, STING, Onsight Ventures, Further Than Capital, KTH Ventures
Announced
September 22, 2026

What happened

TERASi, a Swedish spinout from KTH, announced a €11M seed round on September 22, 2026 co‑led by the NATO Innovation Fund and JOIN Capital with participation from In‑Q‑Tel and other investors to scale its mm‑wave millimetre‑wave tactical communications hardware and systems.

Why it matters

Direct backing from NATO’s innovation vehicle and U.S. strategic investor In‑Q‑Tel signals priority funding for resilient, anti‑jam tactical connectivity in Europe—accelerating defence/telecom convergence and raising the bar for secure, deployable high‑capacity links that can operate when satellites or conventional networks are contested. This may drive more carrier and prime‑contractor partnerships for hybrid battlefield and critical‑infrastructure connectivity.

mmWave
tactical-communications
defense-connectivity

Source: TERASi (company announcement)