Finnish Drone Electronics Startup Arctic RAVN Secures €2.5 Million to Scale Production
Finnish defence‑tech startup Arctic RAVN raised €2.5 million via a convertible loan, exceeding its €2 million target in five days. The funding will be used to boost production of electronic speed controllers and develop flight controllers for drones, aiming to manufacture tens of thousands of units by the end of 2026 and eventually scale to two million circuit boards annually. Investors were not disclosed.