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Arctic RAVN raises €2.5M in convertible loans before first launch

1 reports1 report sources1 hours agoUpdate

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Espoo-based DefenseTech startup Arctic RAVN has secured €2.5 million in convertible loan commitments ahead of its first product launch. The company is based in Espoo, Finland. The funding comes as convertible loans, meaning the money is expected to convert into equity later rather than being priced as an equity round now.

AI-generated from reports · 1 hours agoUpdate

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Oct 27
  1. EU-Startups
    Finnish DefenceTech Arctic RAVN secures €2.5M in convertible loans ahead of first product launch

    Arctic RAVN, an Espoo-based DefenceTech startup, raised €2.5 million in convertible loan commitments.

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