About Drones sector in Nordics
The Drones sector in Nordics comprises 145 companies, including 60 funded companies having collectively raised $213M in venture capital money and private equity. Out of these, 20 are Series A+ funded.
Drones sector in Nordics has seen 8 acquisitions and 5 IPOs. This represents almost 9.0% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes drones are defined as any powered unmanned aerial heavier-than-air vehicle (manual or autonomous) and excludes unmanned ground, undersea and surface vehicles.
Drones sector is also known as Unmanned Aerial Systems, Unmanned Aerial Vehicles, Flying Robots or Quadcopter.
Includes manufacturers of consumer, commercial and military, fixed-wing, rotor and tethered unmanned aerial vehicles; providers of software for general operation and control, navigation, autopilot, collision avoidance, fleet management, airspace and flight path mapping; UAV-enabled service providers such as drone/drone pilot marketplaces and rental platforms; drone hardware parts, accessories and peripherals including spare parts, payloads and sensors; drone detection and anti-drone technologies including anti-drone geofencing companies. Excludes unmanned ground vehicles (military, commercial and consumer RC toys), unmanned underwater vehicles; online stores in multi-brand drone retail; drone resellers and distributors; drone-focused online discussion and review forums, and drone-focused social media platforms.
Top Drones Companies in Nordics
There are 145 Drones startups in Nordics which include Kelluu, SensoFusion, Everdrone, Dropla Tech ApS, Maritime Robotics. Out of these, 60 startups are funded, with 20 having secured Series A+ funding.
2026 has seen the creation of 3 Drones startups in Nordics. Over the past 10 years, an average of 6 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Chalmers University of Technology, Cornell University and IE Business School.
Here is the list of top Drones startups in Nordics
1. Kelluu
Developer of electricity transmission based utility projects. It offer a cost-effective solution for large-scale, high-resolution data acquisition across all sectors. It provides integration of autonomous, emission-free airships, hardware, and software creates a unique ecosystem that sets apart in the field of aerial data services.
Key facts about Kelluu
- Founded Year: 2018
- Location: Joensuu (Finland)
- Stage: Series A
- Total Funding till date: $17.6M
- Investors: NIF, Keen Venture Partners and 3 Others
- Latest Funding Round: Series A, Apr 14, 2026, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 14 of 906 Competitors
2. SensoFusion
SensoFusion designs and builds a drone detection and disabling system called AIRFENCE. AIRFENCE uses RF detection to discover intruding drones and takes control of them. SensoFusion claims AIRFENCE to be effective in a radius of 10 km, and to be completely autonomous, with a manual option. AIRFENCE can also be used to locate the operator of an intruding drone. SensoFusion works with agencies such as the Finnish Defence Forces, NATO and the US FAA.
Key facts about SensoFusion
- Founded Year: 2014
- Location: Vantaa (Finland)
- Stage: Series B
- Total Funding till date: $52.6M
- Investors: Varma and Lifeline Ventures
- Latest Funding Round: Series B, Jan 08, 2026, $*****
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 20 of 379 Competitors
3. Everdrone
Operator of drone systems delivering medical equipment and situational awareness. The company provides real-time situational understanding to emergency teams. It delivers essential medical supplies, such as AEDs and anti-bleeding kits. The system assesses responsiveness and expedites emergency services. It conducts gap analysis and simulations of drone flights. The company focuses on emergency response framework and immediate interventions.
Key facts about Everdrone
- Founded Year: 2017
- Location: Askim (Sweden)
- Stage: Series A
- Total Funding till date: $4.91M
- Investors: Sahlgrenska Science Park
- Latest Funding Round: Series A, Mar 19, 2026, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 1 of 10 Competitors
Provider of advanced robotics and AI solutions. Its developing advanced technological solutions, including drone swarms, robotics, and AI systems, to augment demining operation.
Key facts about Dropla Tech ApS
- Founded Year: 2023
- Location: Copenhagen (Denmark)
- Stage: Seed
- Total Funding till date: $2.8M
- Investors: Danmarks Eksport og Investeringsfond, Maj Invest and 2 Others
- Latest Funding Round: Seed, Jul 09, 2026, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 10 of 619 Competitors
Developer of autonomous navigation systems and uncrewed surface vessel platforms. The company’s systems enhance the capabilities of both uncrewed and crewed surface vessels. These vessels are designed around an autonomous navigation system. The platforms are versatile and multi-functional sensor platforms tailored for maritime operations.
Key facts about Maritime Robotics
Companies founded year-on-year in the Drones sector in Nordics
3 new startups have been founded so far in 2026 in the Drones sector in Nordics. 14 Drones startups in Nordics were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 3 |
2025 | 4 |
2024 | 4 |
2023 | 5 |
2022 | 4 |
2021 | 9 |
2020 | 6 |
2019 | 8 |
2018 | 14 |
2017 | 10 |
Stage-wise distribution of Drones sector companies in Nordics
Out of the total 145 Drones companies in Nordics, 60 have secured funding. Among them, 20 have reached Series A or higher, and 15 to Series B or beyond.
Founded - 145
Funded - 60
Series A+ - 20
Series B+ - 15
Series C+ - 14
Company Stage | No. of companies |
|---|---|
Founded | 145 |
Funded | 60 |
Series A+ | 20 |
Series B+ | 15 |
Series C+ | 14 |
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Funding Trends in the Drones sector in Nordics
Total funding year-on-year in the Drones sector in Nordics
The Drones sector in Nordics saw a total funding of more than $202M in the last 10 years. The most amount of funding has been in 2026 at more than $127M till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $127M |
2025 | $8.61M |
2024 | $13.1M |
2023 | $15.9M |
2022 | $8.27M |
2021 | $12.4M |
2020 | $7.03M |
2019 | $3M |
2018 | $6.17M |
2017 | $522K |
Recent Funding Rounds in Drones in Nordics
In the year 2026, till September 2026, Drones companies in Nordics have raised $126M in equity funding across 9 rounds.
In the same period last year (i.e. till August 2025), Drones companies in Nordics had raised $8.61M across 3 rounds.
So, 2026 has seen a 1368.16% rise in funding in Drones companies in Nordics as compared to 2025.
Here are some recent, important funding rounds in Drones companies in Nordics:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8129 | Sep 11, 2026 | ||
Seed | 3744 | Jul 09, 2026 | ||
Seed | 6297 | Jun 30, 2026 | ||
Seed | 7235 | Jun 22, 2026 | ||
Series C | 9334 | Jun 12, 2026 |
Top Investors in Drones in Nordics
Felicis Ventures is the top investor in Drones companies in Nordics based on number of companies invested.
Here are some top investors in Drones companies in Nordics:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | - | |
Stavanger (Norway) | ||
Hellerup (Denmark) | ||
Dusseldorf (Germany) | - | |
Lund (Sweden) |
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M&A activity in Drones sector in Nordics
In the year 2025, till March 2025, 1 acquisition happened in Drones sector in Nordics. Last year, in 2024, a total of 1 acquisition happened in Drones sector in Nordics.
Here are some recent, important acquisitions in Drones sector in Nordics:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 10, 2025 | ||
Business Acquisition | Jun 24, 2024 | ||
Business Acquisition | Apr 22, 2022 | ||
Business Acquisition | Aug 18, 2020 | ||
Business Acquisition | Oct 11, 2018 |
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Acquisition trends in Drones sector in Nordics
Here are the acquisition trends in Drones sector in Nordics:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | - |
2022 | 1 |
2021 | - |
2020 | 1 |
2019 | - |
2018 | 2 |
2017 | - |
Colleges which produce the most Drones companies in Nordics
Companies founded by alumni from top colleges in the Drones in Nordics
Most number of Drones startups in Nordics have been founded by alumni from Chalmers University of Technology, Cornell University and IE Business School.
College | No. of companies |
|---|---|
Chalmers University of Technology | 1 |
Cornell University | 1 |
IE Business School | 1 |
KTH Royal Institute of Technology | 1 |
Massachusetts Institute of Technology | 1 |
Tsinghua University | 1 |
Total funding in Drones companies founded by alumni from top colleges in Nordics
In the last 10 years, Cornell University graduates' Drones companies in Nordics have raised the most funding among top colleges. Massachusetts Institute of Technology and Tsinghua University alumni are second.
College | Total Funding |
|---|---|
Cornell University | $2.31M |
Massachusetts Institute of Technology | $2.3M |
Tsinghua University | $2.3M |
Chalmers University of Technology | $28.4K |
IE Business School | - |
KTH Royal Institute of Technology | - |
Top News in Drones in Nordics
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Largest drone quest starts emissions monitoring across 33 North Sea oil & gas assetsOffshore Energy•Jun 18, 2025•Equinor, Cyberhawk, Explicit
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Anduril, Archer, and Partners to Test Dual-Use eVTOL Cargo Aircraft in UKUAS Vision•May 22, 2025•Anduril, Archer, Skyportsdroneservices, AtkinsRealis
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Quadsat and Arabsat Partner on Antenna Testing and Spectrum Managementeverything RF•May 22, 2025•QuadSAT, Arabsat
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Quadsat and Skyeton Partner to Advance Electromagnetic Spectrum SurveillanceMicrowave Journal•May 20, 2025•QuadSAT, Skyeton
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mmt and Quadsat Enter Service Partnership to Deliver Mobile Satellite Emulation and Electromagnetic Calibration ServicesMicrowave Journal•Nov 19, 2024•QuadSAT, MMT
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CUSP Partners with Quadsat to Provide Mobile Satellite Emulation Services Across AfricaMicrowave Journal•Nov 14, 2024•QuadSAT, Cusp Technologies, Cusptech
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