Kelluu Raises €15m in Series A Funding
Finnish autonomous airships startup Kelluu has raised €15 million in Series A funding, led by NATO Innovation Fund, with Keen Venture Partners, Gungnir Capital, and Tesi participating. This marks NATO Innovation Fund’s first investment in a Finnish company and comes as European governments increase defense spending.
Details
The €15 million Series A round will be used to scale Kelluu’s fleet and develop its sensing platform, with applications in both defense and civilian sectors. Kelluu’s airships can remain airborne for over 12 hours, even in harsh weather, and five airships can monitor an area the size of Belgium from a single base.
Company Background
Kelluu, based in Finland, operates the world’s largest fleet of autonomous airships, designed for intelligence, surveillance, and reconnaissance. Founded by Janne Hietala, who has nearly two decades of entrepreneurial experience, Kelluu aims to fill the gap between what needs to be watched and what existing platforms can watch.
Market Context
The funding round highlights the growing interest in defense technologies that can secure NATO’s eastern flank and Arctic regions. Kelluu’s airships offer a persistent solution, overcoming the limitations of satellite imagery and drone battery life, and are poised to play a significant role in both military and civilian applications.
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Source: Sifted